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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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EPtalk by Dr. Jayne 5/2/24

HIStalk

The hot topic in the virtual physician lounge this week.

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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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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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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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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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LifeMD Integrates with Withings: GLP-1 Weight Loss with In-Home Monitoring

HIT Consultant

What You Should Know: – LifeMD, Inc.® (Nasdaq: LFMD), a leading provider of virtual primary care services, and Withings Health Solutions , a leader in digital health technology, announce a new strategic partnership designed to revolutionize weight management patient care by providing LifeMD’s GLP-1 weight-loss patients with Withings advanced in-home health monitoring devices, including the Body Pro 2 scale and the BPM Connect Pro blood pressure monitor. – With these devices, Li

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Top 12 Telehealth KPIs Every Health Tech Leader Should Know

Speaker: Matt McBride, CEO and Co-Founder of Mend

Patient engagement happens before, during, and after interactions. Consumer research has found that in 2021, 64% of US households reported using Telehealth services. In addition 34% of patients would prefer Telehealth visits to in-office visits. Accessible patient engagement technology can help you improve your relationships with your patients while also improving your KPIs.