Wed.Jun 26, 2024

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Hospital mergers tied to increased layoffs, reduced tax revenues: report

Health Care Dive

A National Bureau of Economic Research report found layoffs followed hospital mergers, as employers struggled to absorb the costs of rising healthcare premiums.

Hospitals 335
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HHS lowers 64 prescription drug prices under Medicare rebate program

Fierce Healthcare

Medicare enrollees will pay less for 64 prescription drugs from July though the end of September because drug companies raised prices faster than the rate of inflation, the Centers for Medicare &am | Medicare enrollees will see lower prices this quarter for certain drugs treating cancer and genetic disorders under action unveiled by CMS.

Medicare 297
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New platform helps patients control, even monetize, their medical data

Healthcare It News

The HIMSS AI in Healthcare Forum is scheduled to take place September 5-6 in Boston. Learn more and register.

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Amazon consolidates Clinic telehealth service into Amazon One Medical offering

Fierce Healthcare

Amazon continues to evolve its healthcare business more than a year after spending $3.9 billion on a primary care company. | Amazon continues to evolve its healthcare business more than a year after spending $3.9 billion on a primary care company. The online retail giant is now folding its Amazon Clinic telehealth service into its One Medical primary care platform.

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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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CHAI releases draft framework for responsible health AI

Health Care Dive

CHAI’s standards fill a gap left by the federal government as the private sector continues to race ahead on AI.

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IncludeHealth teams up with major orthopedic physician network to expand the reach of virtual physical therapy

Fierce Healthcare

Virtual physical therapy company IncludeHealth has inked a partnership with OrthoForum Value Network to expand the reach of its digital musculoskeletal care solution to more providers and | IncludeHealth has inked a partnership with OrthoForum Value Network to expand the reach of its digital musculoskeletal care solution to more providers and patients.

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Insurtech Sidecar Health picks up $165M to fuel expansion into new markets

Fierce Healthcare

Startup Sidecar Health, which reached "unicorn" status two years ago, clinched $165 million in series D financing to turbocharger its growth into new markets. | Startup Sidecar Health, which reached "unicorn" status two years ago, clinched $165 million in series D financing to turbocharger its growth into new markets.

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CMS Proposes Over 4% Cut To Home Health Medicare Payments In 2025

Home Health Care

The U.S. Centers for Medicare & Medicaid Services (CMS) published its FY 2025 home health proposed payment rule Wednesday. With it, the agency signaled that more significant cuts could be on the way for providers. To rebalance the Patient-Driven Groupings Model (PDGM) and make it budget neutral, at least according to its internal methodology, CMS is proposing a permanent prospective adjustment to the CY 2025 home health payment rate of -4.067%.

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Blue Shield of California launching new unified Member Health Record

Fierce Healthcare

Blue Shield of California is making it easier for members to access their personal health data through its new Member Health Record. | Blue Shield of California is making it easier for members to access their personal health data through its new Member Health Record.

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UAB Health to acquire Ascension St. Vincent’s for $450M

Health Care Dive

The deal is set to close later this year, pending regulatory review.

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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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AWS doles out part of $10M grant to major children's hospitals to advance pediatric cancer treatment

Fierce Healthcare

WASHINGTON, D.C. — Amazon Web Services committed $10 million to fund pediatric rare disease research, including cancer, on Wednesday at its annual summit in the nation's capital. | At its annual summit in Washington, D.C., Amazon Web Services announced it is committing $10 million to advancing pediatric rare disease research. Its first $3 million will go to children's hospitals with advanced research on pediatric cancers.

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Foodsmart Lands $200M to Fight Food Insecurity with Telenutrition

HIT Consultant

What You Should Know: – The Rise Fund, the multi-sector strategy of TPG’s global impact investing platform, today announced it has signed definitive documentation to lead an investment of over $200 million in Foodsmart, the leading telenutrition provider and food benefits management platform in the US. Terms of the transaction were not disclosed. – Founded in 2010, Foodsmart supports those facing chronic disease and food insecurity by partnering with health plans and providers to giv

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Home Care Technology Platform Sensi.AI Raises $31 Million In Series B

Home Health Care

Sensi.AI, an artificial intelligence company prevalent in the non-medical home care space, has raised $31 million in Series B funding. The company works with the likes of BrightStar Care, Home Instead, Visiting Angels, Griswold and Always Best Care, according to its website. It leverages audio technology to detect abnormal events in a senior’s home.

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AWS Invests $10M to Fight Childhood Diseases with GenAI & Cloud Innovation

HIT Consultant

L ila, alongside her mom Nicole in 2022 What You Should Know: – Amazon Web Services (AWS) announced a significant $10M commitment to propel research for pediatric healthcare and unlock a deeper understanding of rare childhood diseases. – The initiative targets a critical gap in resources and aims to empower researchers to develop more effective treatments for vulnerable young patients.

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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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Healthcare AI News 6/26/24

HIStalk

News The Coalition for Health AI publishes a draft framework.

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CHAI Releases Draft Responsible Health AI Framework

HIT Consultant

What You Should Know: – Today the Coalition for Health AI (CHAI) released a draft framework for responsible health AI with an invitation for public review and comment. – The framework, consisting of an Assurance Standards Guide, provides considerations to ensure standards are met in the deployment of AI in healthcare. This draft framework was created with a consensus-based approach, drawing upon the expertise and knowledge of multiple, diverse stakeholders from across the healthcare

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‘We Need To Try Different Things’: How 6 Home Care Providers Stand Out In A Crowded Market

Home Health Care

This article is a part of your HHCN+ Membership In a crowded home care ecosystem, companies are constantly looking for ways to stand out. For some that means putting innovative solutions in practice that will enhance operations and care services. For others, that means developing deep local roots to strengthen services in various communities. On top of this, home care companies are rolling out services that will help differentiate their care delivery model from that of competitors.

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Fighting Rectal Cancer with AI: Researchers Secure $2.78M Grant

HIT Consultant

What You Should Know: – A glimmer of hope emerged today for rectal cancer patients as a collaborative effort between Case Western Reserve University (CWRU) , Cleveland Clinic , and University Hospitals (UH) received a $2.78 million grant over five years from the National Institutes of Health and National Cancer Institute. This grant will fuel research leveraging artificial intelligence (AI) to personalize treatment for rectal cancer patients. – The new research effort signifies a sig

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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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Higher Education for Healthcare Leaders with Dr. Giuseppina Pagnotta | E. 114

Vie Healthcare

Episode Introduction Giuseppina shares her inspiration for going back to her doctorate during COVID, the importance of giving back to the world, and how higher education can support career aspirations in nursing and healthcare. She also explains the role of connection and why time is one of the most precious gifts leaders can offer. Show Topics Higher education can open doors Paying it forward: sharing your knowledge Offering inspiration and guidance through mentoring Self-regulation and build

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Digital Transformation in Healthcare: Why EAM is the Missing Piece

HIT Consultant

Syed Ali, Founder and CEO of EZO The sector that is perhaps the most critical candidate for digital transformation is the healthcare sector – the US healthcare system wastes approximately $1 trillion a year and most of it is due to administrative complexity leading to a wastage in medical supplies and equipment. The sector is slowly jumping on the bandwagon of digital transformation in an attempt to improve healthcare provision and increase the efficacy of processes.

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Higher Education for Healthcare Leaders with Dr. Giuseppina Pagnotta | E. 114

Vie Healthcare

Episode Introduction Giuseppina shares her inspiration for going back to her doctorate during COVID, the importance of giving back to the world, and how higher education can support career aspirations in nursing and healthcare. She also explains the role of connection and why time is one of the most precious gifts leaders can offer. Show Topics Higher education can open doors Paying it forward: sharing your knowledge Offering inspiration and guidance through mentoring Self-regulation and build

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Sidecar Health Secures $165M to Disrupt Employer-Sponsored Healthcare

HIT Consultant

What You Should Know: – Sidecar Health , a health insurance provider for businesses raises $165M in a Series D funding round led by Koch Disruptive Technologies with participation from new and existing investors such as GreatPoint Ventures , BOND , Cathay Innovation , Drive Capital , Duke University , Menlo Ventures , and Morpheus. – Sidecar Health’s $165 million funding round and strategic partnership with Koch Industries position them as a major disruptor in the employer-spon

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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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HHS Is Primed to Enforce Information Blocking Conduct

HKLaw

Information blocking disincentives for healthcare providers have been finalized by the Department of Health and Human Services, which appears primed for enforcement.

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Clinical Trial Diversity: Pharma Takes Action to Address Disparities

HIT Consultant

Lisa Bailey , Managing Director & Head of DEI Strategy at Trinity Life Sciences What You Should Know: – Trinity Life Sciences , a leader in global life sciences commercialization solutions, has released a new white paper titled “ Diversity in Clinical Trials: Life Sciences Initiatives and Challenges in Light of the FDA’s Latest Guidance. ” – The paper sheds light on the critical issue of racial and ethnic diversity in clinical trials, exploring current industry

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The rise of inboxologists in healthcare: Does it really matter who responds?

Nordic

Last month, Jeffrey Millstein, MD , a regional medical director at Penn Medicine Primary Care, wrote an opinion piece for the Philadelphia Inquirer titled " Inboxology – The Newest Medical Specialty? ” I call attention to the question mark at the end of the title, indicating that this is more of prediction than a statement of fact.

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CipherHealth Secures Investment from Atalaya Capital Management

HIT Consultant

What You Should Know: – CipherHealth, Inc., a leading innovator in patient-centered communication solutions, today announced a strategic investment from Atalaya Capital Management. This capital infusion will fuel CipherHealth’s ongoing growth and expansion efforts. – CipherHealth’s solutions are designed to deliver personalized, relevant, and actionable communication to patients.

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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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HIStalk Interviews Cyrus Bahrassa, CEO, Ashavan

HIStalk

Cyrus Bahrassa is founder and CEO of Ashavan. Tell me.

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Form Health Secures $38M to Expand Science-Based Telehealth Obesity Care

HIT Consultant

What You Should Know: – Form Health , the leading provider of science-based obesity care in the United States raised $38M in Series B funding led by Sound Ventures , the round also included participation from M13 , SignalFire , and Next View Ventures. – By combining science-based treatment plans with a convenient telehealth platform and a focus on building a team of top specialists, Form Health aims to make effective and personalized weight loss solutions accessible to a wider popula

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Morning Headlines 6/27/24

HIStalk

CHAI Releases Draft Responsible Health AI Framework for Public Comment.

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IncludeHealth OrthoForum Value Network Partner to Optimize Musculoskeletal Care

HIT Consultant

What You Should Know: – IncludeHealth , a leading provider of virtual physical therapy and patient data collection, has partnered with OrthoForum Value Network (OVN) to advance value-based musculoskeletal care. This partnership designates IncludeHealth as OVN’s preferred partner for digital technology and virtual physical therapy. – OrthoForum Value Network, which encompasses 150 orthopedic groups and 5,000 physicians across 45 states, connects employers and patients with exper

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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.