Thu.May 02, 2024

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The race for healthcare AI models heats up as Google boasts Med-Gemini surpasses GPT-4

Fierce Healthcare

Google and DeepMind released an open access paper on their newest artificial intelligence tools intended for use in hea | Results released by Google on Med-Gemini's performance show that it outperforms existing AI/ML including GPT-4 on over a dozen industry benchmarks.

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Cigna writes down VillageMD investment amid shrinking value

Health Care Dive

Walgreens’ decision to slash VillageMD’s clinical footprint has reverberated to the financial accounts of the primary care chain’s minority owner — Cigna.

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Walgreens inks deal with Boehringer Ingelheim to advance clinical trials for obesity treatment

Fierce Healthcare

Retail pharmacy giant Walgreens inked another partnership to recruit participants for research as it continues to build out its clinical trials business. | Walgreens has signed more than 35 clinical trial contracts with drugmakers including Freenome and Prothena. The aim is to optimize recruitment and make clinical trials more accessible, inclusive and equitable, the companies said.

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Congress grills UnitedHealth CEO over Change cyberattack

Health Care Dive

Legislators slammed Andrew Witty over the company’s lack of cybersecurity practices and the impact of the breach, which may have compromised the data of a third of Americans.

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From Diagnosis to Delivery: How AI is Revolutionizing the Patient Experience

Speaker: Simran Kaur, Founder & CEO at Tattva Health Inc.

The healthcare landscape is being revolutionized by AI and cutting-edge digital technologies, reshaping how patients receive care and interact with providers. In this webinar led by Simran Kaur, we will explore how AI-driven solutions are enhancing patient communication, improving care quality, and empowering preventive and predictive medicine. You'll also learn how AI is streamlining healthcare processes, helping providers offer more efficient, personalized care and enabling faster, data-driven

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Cigna posts $277M loss in the first quarter of 2024

Fierce Healthcare

The Cigna Group posted a $277 million loss in Q1 on the back of investment losses, according to its earnings report released Thursday. | The Cigna Group posted a $277 million loss in Q1 on the back of investment losses, according to its earnings report released Thursday.

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UHG says it's rebuilding Change Healthcare with cloud-based security

Healthcare It News

UnitedHealth Group CEO Andrew Witty testified on May 1 before both the House and Senate about the seismic February 21 cyberattack of UHG subsidiary Change Healthcare, which was infiltrated by the ALPHV ransomware gang. He acknowledged that the absence of multi-factor authentication on a legacy server provided the cybercriminals with their successful attack vector.

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Amwell expects revenue impact from Defense contract in Q4

Health Care Dive

The telehealth vendor has struggled with a declining stock price and mounting losses.

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Alignment Healthcare raises membership guidance but posts $47M net loss

Fierce Healthcare

Alignment Healthcare boosted its health plan membership and is now projecting a higher full-year growth range, the insurtech announced ahead of its first-quarter earnings call. | Alignment Healthcare is growing its Medicare Advantage membership but shrinking its maximum adjusted EBITDA, the company announced ahead of its first quarter earnings call.

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Here's What Ukraine Needs in Missiles, Shells, and Troops to Win. It's Completely Doable

The Rand Blog

After two years of the Russia-Ukraine war with still no end in sight, NATO members have begun asking what it will take to turn the tide in Ukraine's favor. To fully expel Russian forces in the next two years, U.S. support and broad NATO investments will be required.

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Here are the 8 states where Medicaid disenrollments far exceeded projections

Fierce Healthcare

Two new studies released Thursday shed new light on how states are handling the Medicaid unwinding process for adults and children. | Analyses out of Georgetown University and the Urban Institute show just how dire the Medicaid redetermination crisis is in some states.

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How to Make The Best Benefits Decisions for 2025's Workforce: An HR and Total Rewards Guide

Speaker: Kaitlin Ruby Carroll

Retaining top talent in 2025 means rethinking benefits. In a competitive job market, fertility benefits are more than just offerings - they are a commitment to your team’s well-being. Gain critical insights into the latest fertility benefits strategies that can help position your organization as an industry leader. Our expert will explore the unique advantages and challenges of each model, share success stories from top organizations, and offer practical strategies to make benefits decisions tha

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Intermountain Health Deploys Nuance’s DAX Copilot Across Enterprise

HIT Consultant

What You Should Know: – Intermountain Health , a leading healthcare system serving the Intermountain West, announced today the enterprise-wide deployment of Nuance Communications ‘ Dragon® Ambient eXperience™ (DAX™) Copilot , a generative AI solution aimed at improving clinical documentation efficiency and reducing administrative burdens. – Intermountain Health emphasizes the responsible development and application of AI technology.

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Industry Voices—To address the nursing shortage, nurse education needs to evolve

Fierce Healthcare

Industry Voices—To address the nursing shortage, nurse education needs to evolve aellison Thu, 05/02/2024 - 13:41

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NVIDIA Makes Drug Discovery, Medical Imaging, and Genomics Easier with Cloud-Based AI

HIT Consultant

What You Should Know: – Harnessing the power of AI for healthcare just got simpler. NVIDIA announced the integration of NVIDIA NIM, a collection of cloud-native AI microservices, with Amazon Web Services (AWS). – The strategic collaboration empowers developers to leverage pre-trained AI models for drug discovery, medical imaging analysis, and genomics research – all accessible through user-friendly APIs.

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Transcarent banks $126M series D round as it puts focus on AI

Fierce Healthcare

Health tech company Transcarent pocketed $126 million in series D funding, led by General Catalyst and 7wireVentures, the company announced Thursday. | Transcarent plans to use the fresh cash to build out its artificial intelligence capabilities, continue to support its commercial growth and back future strategic growth.

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Why Every Small Business Needs an HCM Solution: A Comprehensive Guide

Managing HR tasks like payroll, compliance, and employee data can overwhelm small businesses. That’s where a Human Capital Management (HCM) solution comes in. Our eBook, Why Every Small Business Needs an HCM Solution: A Comprehensive Guide , shows how an HCM system automates tedious processes, ensuring your business stays compliant and efficient. You’ll learn how to simplify payroll, eliminate costly errors, and empower your employees with self-service tools.

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Large Language Models Show Promise for Streamlining Physician Workflows, But Safety Concerns Remain

HIT Consultant

Danielle Bitterman, MD What You Should Know: – A new study by researchers at Mass General Brigham suggests large language models (LLMs), a type of artificial intelligence (AI) , could be a helpful tool for doctors to streamline communication with patients. However, the study also highlights the importance of human oversight to ensure patient safety. – The findings, published in The Lancet Digital Health , emphasize the need for a measured approach to LLM implementation.

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PA Clinical Network, Guidehealth team up to make value-based care easier for independent docs

Fierce Healthcare

The PA Clinical Network has tapped health tech company Guidehealth for a multiyear partnership they say will drive a greater push into value-based care for physicians in the state. | The PA Clinical Network has tapped health tech company Guidehealth for a multiyear partnership they say will drive a greater push into value-based care for physicians in the state.

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Most Americans See Rise of Mental Health Issues, And Poorly Treated by the Health System (with a postscript on Walmart Health)

Health Populi

While people in the U.S. perceive a dramatic rise in mental health conditions among fellow health citizens growing over the past five years, people note barriers of cost, insufficient supply of providers, and stigma as barriers to getting care in the latest Gallup and West Health poll on the subject. In West Health’s words , three-quarters of Americans feel that, “mental health takes a back seat to physical health” in the U.S.

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Nonprofit hospitals aren't immune to FTC's noncompete ban, lawyers, Fitch analysts say

Fierce Healthcare

The widespread ban on noncompete contracts finalized last week by the Federal Trade Commission (FTC) will throw a wrench into the staffing and finances of nonprofit hospitals, legal experts and Fit | Under the final rule, nonprofits would need to pass a case-by-case test of their organizations' activities and net proceeds to be free of the FTC's jurisdiction, legal experts say.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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POGO Automatic Blood Glucose Monitor Now Covered by Medicare Part B

HIT Consultant

What You Should Know: – Intuity Medical, Inc., a medical technology company committed to making it easier to live with diabetes, announced today that its POGO Automatic® Blood Glucose Monitoring (ABGM) system, featuring one-step testing, is now covered by Medicare Part B. This decision expands access to the innovative monitor for the 16.5 million seniors age 65 and up living with diabetes. – The Centers for Medicare and Medicaid Services (CMS) created two new coverage codes specifica

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How the DHS AI Roadmap Could Reach Its Intended Destination

The Rand Blog

The U.S. Department of Homeland Security recently released its 2024 Artificial Intelligence (AI) Roadmap. But for AI applications to enhance operations as the department envisions, the roadmap needs to include real-world testing and experimental efforts.

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How Digital Health and Cryptocurrency are Transforming Modern Therapies

HIT Consultant

The collaboration between digital health and online gaming is unexpectedly proving to be impactful. Digital health platforms, enhancing accessibility and customization of healthcare treatments, are at the forefront of this change. Meanwhile, gaming platforms that support bitcoin esports betting offer users the chance to engage in casino-style games and earn cryptocurrency, reshaping our perception of gaming’s role in health and well-being.

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Rising Waters, Hidden Threats: Exploring the Unseen Risks of Basement Flooding in Pittsburgh

The Rand Blog

Often dismissed as “nuisance flooding,” recurrent basement flooding is much more than a nuisance. It costs homeowners, many financially vulnerable, a lot to clean up and poses significant threats to public health and safety. It is time to stop thinking about wet basements as simply a nuisance, and understand the role of flooded basements in some of the critical health issues facing communities.

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How To Empower Your Workforce With Modern Fertility Benefits

Speaker: Andrea Wuchiski

In an era where a workforce spans multiple generations, HR managers and Total Rewards leaders face the unique challenge of designing benefits packages that cater to diverse employee needs. This session will delve into how comprehensive fertility benefits can bridge generational gaps, support employees’ health, and enhance workplace satisfaction. Join us for an insightful session that highlights the strategic importance of fertility benefits in today’s competitive job market.

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Walmart Abandons Health Care Plans, As Retailers Struggle With Their Home-Based Care Strategies

Home Health Care

This article is a part of your HHCN+ Membership Health care is hard – an idea reinforced this week when Walmart (NYSE: WMT) announced the abandonment of its previously grand health care ambitions. There may be a day when the country’s largest retailers, including Walmart, become major players in home-based care delivery, but today is not that day. And other recent developments suggest tomorrow won’t be either.

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Every Cure and BioPhy Partner to Repurpose Existing Drugs Faster with AI

HIT Consultant

What You Should Know: – BioPhy , an AI drug development company, and Every Cure , a non-profit dedicated to unlocking the potential of existing drugs for new uses, today announced a strategic partnership to revolutionize drug repurposing through artificial intelligence (AI). – The partnership follows Every Cure’s recent funding from the Advanced Research Projects Agency for Health (ARPA-H).

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BrightSpring Sees 73% Reductions In Hospitalizations By Coupling Home Health Care, Medication Management

Home Health Care

At BrightSpring Health Services (Nasdaq: BTSG), home health is one of the key ingredients to dramatically reducing hospitalizations. The other ingredient is the company’s medication management program for individuals in their homes. “Our medication management program … has demonstrated a 73% reduction in hospitalizations when utilized together with our home health,” Jon Rousseau, president and CEO of BrightSpring, said during the company’s first-quarter earnings call on Thursday.

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HRS Awarded on Newsweek's World's Best Digital Health Companies 2024 List

Health Recovery

Hoboken, NJ, May 2, 2024 – Health Recovery Solutions (HRS) has been awarded on Newsweek’s list of The World’s Best Digital Health Companies 2024. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on April 24th, 2024, and can be viewed on the Newsweek website.

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Enhance Healthcare Efficiency With Top Payroll & HCM Services

Running a healthcare facility requires precision and care, not just for patients but also for your staff. Our guide, "A Buyer’s Guide to Payroll & HCM Services," helps healthcare providers choose the best provider. Efficient payroll management ensures timely, accurate payments, critical for maintaining staff morale and trust. Compliance support helps navigate complex healthcare regulations and avoid costly fines.

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Transcarent Secures $126M to Expand Employer-Sponsored Healthcare

HIT Consultant

What You Should Know: – Transcarent , a platform simplifying health and care for employers and individuals, secures $126 million in a Series D funding round led by General Catalyst and 7wireVentures. – The latest funding brings Transcarent’s total funding to approximately $450M at a valuation of $2.2B. A One-Stop Solution for Employer-Sponsored Healthcare Transcarent’s industry-leading platform streamlines healthcare access for both employers and employees.

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Forward-Thinking Flexibility: Universal Care Rooms

Wisconsin Healthcare Leadership

Author: John Ford , AIA, NCARB, EDAC, LEED AP | Senior Design Architect and Associate How can hospitals be more resilient, flexible, and efficient in unprecedented and unpredictable situations? How can they improve the patient experience, outcomes, and staff efficiency and satisfaction? In March 2020, as the COVID-19 pandemic began, our client – a Wisconsin-based healthcare provider – faced a significant challenge.

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Karius Secures $100M to Expand Non-Invasive Pathogen Blood Test

HIT Consultant

What You Should Know: – Karius® , a leader in genomic diagnostics for infectious disease, announced today the closing of a $100 million Series C funding round. – Co-led by Khosla Ventures and newcomers 5AM Ventures and Gilde Healthcare, the funding round also saw participation from existing investors like Softbank Vision Fund 2 and General Catalyst. – This significant investment fuels Karius’ mission to revolutionize infectious disease diagnosis by expanding access to the

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Menthol cigs, TikTok ban, and more. David solo

Health Business Group

Menthol cigarettes, the FTC's attempts to boost competition in healthcare, the mental health of Jewish college students, and the TikTok ban. What do they all have in common? Not much, except that they were all in the news this week and I chose to discuss them on a rare solo episode. Don't like what you hear? Don't worry, I'll be back next week with a fresh guest.

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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits

Speaker: Sean Raible

Picture a workplace where physiological safety is not just an aim but a reality, driven by thoughtful employee benefits that prioritize mental health, wellbeing, and DEI. 🤔 ✨ Achieving this vision requires more than just occasional training sessions and employee assistance programs. Moving beyond the basics, this vision calls for a holistic approach that integrates these elements into your company culture as well as your HR and benefits strategy.