Wed.Jul 17, 2024

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Steward executives cashed in prior to bankruptcy filing

Health Care Dive

Fourteen executives received over $1 million in total compensation the year before Steward entered Chapter 11 restructuring, bankruptcy documents show.

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Northwell Health teams up with Instacart to scale food-as-health programs

Fierce Healthcare

Grocery delivery company Instacart continues to expand its reach in healthcare and has notched a major health system partnership. | The first program to launch integrates Instacart Health tools into Northwell’s Center for Maternal Health Maternal Outcomes and Morbidity Collaborative (MOMS) so that moms-to-be who are food insecure have improved access to fresh and nutritious food.

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Bon Secours taps Philips for 10-year patient monitoring collaboration

Healthcare It News

Cincinnati-based Bon Secours Mercy Health is teaming up with Royal Philips to implement and scale a new patient monitoring platform over the next three years – and then monitor it over the following seven. WHY IT MATTERS One of the nation’s largest Catholic health systems, BSMH has more than 1,200 care sites and 49 hospitals across Florida, Kentucky, Maryland, New York, Ohio, South Carolina and Virginia, as well as in Ireland.

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Healthcare costs set to rise by as much as 8% in 2025: PwC

Fierce Healthcare

Healthcare costs are set to rise between 7% and 8% in 2025, according to a new report from PwC. | Healthcare costs are set to rise between 7% and 8% in 2025, according to a new report from PwC.

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How to Battle Layoffs: The Career Star Accelerator Bootcamp

Facing layoffs in your organization? Support your team members' career transition with Career Star Accelerator Bootcamp: Custom Resume & LinkedIn Revamp + 6 Weeks of Career Coaching. Our certified resume writers will create job search-winning resumes and LinkedIn profiles while they work with a career coach to learn unique strategies to stand out, attract the right employers, automate their job search, and land their dream job.

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Elevance hits $2.3B in profit but trims long-term guidance

Health Care Dive

Elevance beat Wall Street expectations in second-quarter results posted Wednesday, despite steep Medicaid membership losses that are affecting revenue forecasts.

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AI-generated messages to patients on par with clinicians, and can even be more empathetic, study finds

Fierce Healthcare

Electronic health record messages to patients drafted by generative AI were of similar quality and accuracy to those written by healthcare professionals, according to a newly published study conduc | A blind analysis of hundreds of EHR message drafts found similar quality and usability. Generative AI's contributions were more empathetic, but also tended to be longer and more linguistically complex.

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Elevance Health beats the Street in Q2 as it posts $2.3B in profit

Fierce Healthcare

Elevance Health beat the Street on both profit and revenue in the second quarter, according to its earnings report released on Wednesday.

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Judge dismisses Medicaid fraud suit against Centene’s board

Health Care Dive

A Pennsylvania pension fund had argued Centene board members failed in their oversight responsibilities and ignored red flags about a Medicaid overbilling scheme.

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Thyme Care secures $95M to expand cancer care navigation to new markets, accelerate partnerships

Fierce Healthcare

Thyme Care, a value-based cancer care navigation startup, pocketed $95 million in fresh funding to fuel its growth into new markets and accelerate partnerships with oncology and primary c | Thyme Care, a value-based cancer care navigation startup, pocketed $95 million in fresh funding to fuel its growth into new markets and accelerate partnerships with oncology and primary care practices and health plans.

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UHS names new senior VP of human resources

Health Care Dive

Maria Zangardi stepped into the role July 15.

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5 Essentials for Healthcare CIOs: A Provider Data Management Checklist

Complete and accurate provider data is essential for health organizations to operate effectively. A better understanding of your provider network helps to understand patients and consumers, identify gaps in care, and make the best possible decisions for your businesses. A modern provider data management solution should power a complete and accurate view of each of your providers, make this data easily accessible across functional groups, and be flexible and agile enough to scale. with your needs

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Suki brings AI scribes to community health centers with limited cash flow

Fierce Healthcare

Four more community health centers are implementing Suki AI’s ambient scribe in their clinics, the company announced on Thursday. | Suki AI, an ambient scribe solution, says community health centers are able to afford Suki, unlike other AI solutions on the market. Stakeholders have wondered if the healthcare AI revolution will benefit small practices.

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Viome Launches the First Personalized Toothpaste that Supports Whole-Body Health Using Biotic Data & AI

HIT Consultant

What You Should Know: – Viome , a leading provider of personalized microbiome health products and solutions, today unveiled its pioneering VRx MyBiotics Toothpaste & Gel to complete its Oral Health Solution system, setting a new standard for daily oral care and support overall health. – This innovative product utilizes the unprecedented oral health insights from the Oral Health Intelligence™ Test (also available with Full Body Intelligence™ ) to create a personalized toothpas

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Providence names COO Erik Wexler as next president, CEO

Fierce Healthcare

Providence has announced its current chief operating officer, Erik Wexler, will succeed outbound President and CEO Rod Hochman, M.D., when he retires at the end of this year. | Wexler has been with the nonprofit health system since 2016, and has been its chief operating officer since 2022. He is succeeding Rod Hochman, M.D., who announced plans to retire at the end of the year.

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Without Proper Post-Acute Care Relationships, MA Plans Are Leaving Money On The Table

Home Health Care

Health plans generally do not have great visibility into their members’ care after an acute health event. Even when they do, many aren’t confident in the post-acute care provider that’s serving their member. These findings come from a new survey of health plans conducted by the post-acute care technology company WellSky. Specifically, the survey found that: – Only 37% of respondents (health plans) manage members in a post-acute setting after discharge from acute care.

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Level up Culture & EQ | Sign up for the #CultureDrop

Once a week, culture & leadership expert Galen Emanuele gives free, actionable EQ training in 5 minutes or less. Subscribe to the #CultureDrop and access free resources & content.

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Health services provider Concentra sets out $585M IPO as a spinout from Select Medical

Fierce Healthcare

Occupational health services provider Concentra, a unit of healthcare company Select Medical, is hoping to rake in as much as $585 million in an initial public offering. | Occupational health services provider Concentra, a unit of healthcare company Select Medical, is hoping to rake in as much as $585 million in an initial public offering.

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Elevance Health Looks To Offset Health Plan Losses With Health Care Services Wins

Home Health Care

Elevance Health Inc. (NYSE: ELV) has raised red flags surrounding its Medicaid business this year, while also signaling its commitment to home-based care ventures. On its second-quarter earnings call, company leaders touted Carelon, Elevance’s health care services division. “In our health services businesses, we are making progress on our key strategic priority to scale our enterprise flywheel for growth,” Elevance CEO Gail Boudreaux said on the earnings call.

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Five Questions Payers Should Ask About The Payer-To-Payer API Mandated By CMS

Fierce Healthcare

Payers are rightly reaching out to InterSystems with a host of implementation questions about the Prior Authorization API recently mandated by the Interoperability and Prior Authorization Rule (CMS | How to get your team ready for success and operational efficiency when implementing Payer-to-Payer APIs

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How New York’s Home Care Minimum Wage Hike Fell Short

Home Health Care

New York home care advocates scored a major win when lawmakers passed a budget that included a $7.7 billion investment in a higher minimum wage for home care workers. But what’s materialized hasn’t matched expectations. A recent report from PHI reveals that the minimum wage increase isn’t having the intended impact. New York is a state with a rapidly growing home care workforce.

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A Guide to Improved Sepsis Detection & Compliance: 6 Areas You Should Address

This guide highlights key areas that your sepsis detection platform should address to minimize the impact of this leading, entirely preventable cause of in-hospital deaths, as well as how to increase compliance by 20% in 30 days. Download to learn more!

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HRSA awards $2.5M to help expand interstate licensing compacts for providers, social workers

Fierce Healthcare

The Department of Health and Human Services will give $2.5 million to expand the reach of professional interstate licensure compacts, it announced Tuesday at the Health Resource Services Administra | HHS' Health Resources and Services Administration announced a $2.5 million grant to support the expansion of interstate licensure compacts, which have been a boon for telehealth providers.

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Fostering collaboration: Integrating informatics and IT for patient-centered care

Nordic

As I read last week’s fascinating new Nature Digital Medicine article from NYU researchers about why we should and how we must integrate health informatics with operational information technology (IT), I was struck by how similar both the problem and solution are to the challenges of modern patient engagement. Let me explain.

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Bon Secours Mercy Health to Deploy Philips’ Patient Monitoring Platform Across Enterprise

HIT Consultant

What You Should Know: – Philips , a global leader in health technology, and Bon Secours Mercy Health (BSMH) , a prominent Catholic health system, today announced a strategic multi-year collaboration focused on improving patient monitoring. – By integrating Philips’ cutting-edge patient monitoring platform into its system, BSMH will standardize care across its 49 hospitals.

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“Hubris Squared”: What SCOTUS Decision Gutting Deference to Public Agencies Means for Health Care Protections

Bill Of Health

This post originally appeared on Health Care in Motion , published by the Center for Health Law and Policy Innovation. The last days of the Supreme Court of the United States’ (SCOTUS) term brought some blockbuster decisions with far reaching implications for federal agencies charged with regulating health care. In an expected but still monumental move, SCOTUS issued a decision in Loper Bright vs.

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The New Tech Experience: Innovation, Optimization, and Collaboration

Speaker: Paul Weald, Contact Center Innovator

Learn how to streamline productivity and efficiency across your organization with machine learning and artificial intelligence! No matter what industry you're in - healthcare, customer service, sales, and more - it’s easier than you think to reduce wait times, monitor sentiment, and provide enhanced self-service options for all of your users. This means that you can achieve a more consistent and engaging customer experience while reducing sources of friction.

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Freshpaint Raises $30.7M to Expand Healthcare Privacy Platform

HIT Consultant

What You Should Know: – Freshpaint , a San Francisco-based Healthcare Privacy Platform raises $30.7M in Series B funding led by Threshold , with participation from SignalFire , Intel Capital , Y Combinator, Zero Prime , and additional investors. This brings Freshpaint’s total funding to $41.8M. – Freshpaint is transforming how healthcare organizations approach marketing by enabling them to leverage the full potential of digital advertising tools while strictly adhering to privacy reg

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Healthcare AI News 7/17/24

HIStalk

News Huma Therapeutics Limited announces Huma Cloud Platform, a no-code.

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Thyme Care Secures $95M to Expand Value-Based Cancer Care Platform

HIT Consultant

What You Should Know: – Thyme Care , a leading value-based cancer care enabler raises $95M in funding capital led by Concord Health Partners, with participation from existing investors including CVS Health® Ventures , Town Hall Ventures , a16z Bio + Health , AlleyCorp , Echo Health Ventures , Foresite Capital , and new investor SignalFire. The funding brings Thyme Care’s total funding to $178M. – Thyme Care is a value-based cancer care enabler focused on improving patient outco

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Morning Headlines 7/18/24

HIStalk

What Our $30M Series B Means For Healthcare: A Message.

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Strategies to Deal with Collaborative Healthcare Communication

Speaker: Dr. Ugo Uwaoma, MD, MBA

Due to the impact of COVID-19, integrating telehealth software into practices and organizations has become the new normal. In turn, this has increased the effectiveness of collaborative healthcare by strengthening communication amongst healthcare workers and helping combat the woes of burnout. Communication between patients and healthcare providers has also improved, allowing patients to reach their providers easily and decreasing turnaround time.

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COTA, Texas Oncology Partner to Advance AI-Enabled Precision Medicine

HIT Consultant

What You Should Know: – COTA, Inc. , in collaboration with Texas Oncology’s Precision Health Informatics, LLC (PHI) , announces an innovative collaboration aimed at revolutionizing precision medicine across Texas Oncology’s community cancer centers. – Leveraging COTA’s AI-powered curation engine, CAILIN™, this collaboration will transform fragmented healthcare data into actionable insights.

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Congressional Dems call on HHS to invest in coverage outreach for DACA recipients

Fierce Healthcare

A large coalition of congressional Democrats want the Department of Health and Human Services (HHS) to further prioritize Affordable Care Act access for Deferred Action for Childhood Arrivals | Notable Democrats in Congress want to dedicate more resources to DACA recipients so they can receive health insurance once eligible.

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Beebe Healthcare to Deploy Epic Enterprise EHR Across Network

HIT Consultant

What You Should Know: – Beebe Healthcare , a comprehensive healthcare system serving Sussex County, Delaware, and the surrounding region announced a strategic partnership with Epic , a leading healthcare software company, to implement its enterprise electronic health record (EHR) system. This move aims to deliver a more seamless and integrated care experience for patients across Sussex County. – Currently, Beebe Healthcare operates on separate EHR platforms for its Medical Group and