Tue.Feb 27, 2024

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ViVE 2024: Veradigm buys ScienceIO in $140M deal to build out healthcare AI solutions

Fierce Healthcare

LOS ANGELES — Healthcare data and tech company Veradigm is picking up ScienceIO in a $140 million deal to build out large language models for healthcare. | Veradigm plans to use the company's platform to create its own proprietary large language models on its own massive dataset, which includes 400,000 providers and over 200 million patients.

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Froedtert/Inception Health is using AI for preventive care recommendations and much more

Healthcare It News

The health system has efforts to use artificial intelligence to, among other things, streamline patient scheduling and provide personalized preventive care recommendations. Dr. Melek Somai, the CTO, explains how.

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Nearly all doctors suffer burnout, survey finds, but many cautiously hopeful that AI could help

Fierce Healthcare

Nearly all physicians in the U.S. | Nearly all physicians in the U.S. said they feel regularly burned out and over half of them have considered either leaving the profession or adopting non-patient-facing roles, according to a new Athenahealth survey.

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Lobby-funded study argues Medicare Advantage rate cuts are worse than CMS expects

Health Care Dive

Medicare Advantage payment per month, per beneficiary could drop by 1% next year if regulators finalize rates as proposed, according to the analysis backed by the Better Medicare Alliance.

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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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Alignment Healthcare to eliminate ACO REACH exposure, exceeds revenue expectations

Fierce Healthcare

Insurtech Alignment Healthcare has recorded $1.82 billion in revenue for full-year 2023 and beat market expectations for quarterly revenue by more than $20 million, the company announced Feb. | Alignment Healthcare stressed it should reach profitability this year and announced it would pulling back from the ACO REACH program, the company said during a fourth-quarter earnings call.

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Catholic health system taps CommonSpirit executive as next CEO

Health Care Dive

E.J. Kuiper, who has served in leadership roles at multiple faith-based healthcare organizations, will replace Richard Vath as CEO of Franciscan Missionaries of Our Lady Health System effective May 1.

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Veradigm will likely delist after missing Nasdaq deadline

Health Care Dive

The healthcare IT firm also announced plans to acquire AI company ScienceIO as it prepares to be suspended from trading.

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ViVE 2024: Optum Health CEO talks cyberattack, what's next for value-based care

Fierce Healthcare

LOS ANGELES — Optum Health CEO Amar Desai took the stage at ViVE on Monday morning to discuss the company's value-based care ambitions and strategy, but there was a clear elephant in the room: | LOS ANGELES — Optum Health CEO Amar Desai took the stage at ViVE on Monday morning to discuss the company's value-based care ambitions and strategy, but there was a clear elephant in the room: the cyberattack on Change Healthcare that's still causing disruption nationwide.

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A Health Consumer Bill of Rights: Assuring Affordability, Access, Autonomy, and Equity

Health Populi

Let’s put “health” back into the U.S. health care system. That’s the mantra coming out of this week’s annual Capitol Conference convened by the National Association of Benefits and Insurance Professionals (NABIP). (FYI you might know of NABIP by its former acronym, NAHU, the National Association of Health Underwriters).

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ViVE 2024: Consumer wellness marketplace Vale Health launches with 16 health systems in its corner

Fierce Healthcare

Sixteen health systems have put their weight behind Vale Health, a new online marketplace of vetted wellness offerings for consumers. | Vale Health is tapping the expertise of its provider backers to offer vetted wellness products to consumers. It launched this week with a marketplace designed with and for patients of Froedtert & the Medical College of Wisconsin health network.

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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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Integrating AI Co-Pilots: A New Era of Intelligent Healthcare Management

HIT Consultant

Akshay Sharma, Chief AI Officer, Lyric The integration of AI into healthcare workflows presents a tremendous opportunity for transformation –– and for new levels of productivity in a time when administrative functions surrounding claims adjudication, provider reimbursement, and related functions are complicating operations and affecting efficiency. AI Co-Pilots offer an innovative approach to addressing these issues by driving efficiency, accuracy, and value in payment integrity.

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Universal Health Services beats on earnings, revenues and projects 'conservative' earnings growth for 2024

Fierce Healthcare

Universal Health Services (UHS) beat estimates for the fourth quarter and is forecasting higher, though still "conservative," full-year earnings for 2024. | The acute and behavioral care hospital operator logged earnings of $3.16 per diluted share for the final quarter and a 7.4% year-over-year jump in net revenues.

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Biosimilars Role in Improving Patient Access

Healthcare ECONOMIST

Today I was on Mark Hansan and Scott Howell’s podcast Prescription for Better Access Podcast on the topic “ Biosimilars Role in Improving Patient Access “ The full episode with description is below or you can download the audio-only podcast here. Biosimilars are entering the market at their fastest pace ever. In this episode, we interview a renowned health economist and an expert consultant in biosimilar distribution and patient support to explore the complex landscape of biosi

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Addressing Top Health System Challenges: How the Right Education Solution Can Help

Fierce Healthcare

By Amanda Heidemann, MD, FAAFP; Chief Medical Information Officer, CMIO Services, LLC | A clinical leader shares how a health education solution helped with resource limitations, workforce crises, and consumerization of healthcare.

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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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How to Use NBA in Pharma Sales: Best Practices

HIT Consultant

Doron Aspitz, CEO, Verix Next Best Action has been one of the most important approaches for sales in recent years, including for pharmaceuticals. But because selling pharma is significantly different than selling other products, pharma-oriented NBA approaches need to be significantly more sophisticated than NBA for other industries. Pharma sales teams looking to implement NBA need to embrace an updated, data-driven version of this approach, known as NBA 2.0, along with the appropriate tools, inc

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Your Comprehensive Checklist for Selecting the Best Healthcare Revenue Cycle Management Software

Advanced Data Systems

Choosing the right healthcare revenue cycle management (RCM) software is a critical decision that can significantly impact the financial health and operational efficiency of your organization. To ensure you make an informed choice, we've compiled a comprehensive checklist to guide you through the process of finding the best RCM software, with a special focus on the advanced solutions offered by Advanced Data Systems Corp (ADSC).

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Know Labs Unveils KnowU: Wearable Non-Invasive CGM Poised to Revolutionize Glucose Monitoring

HIT Consultant

What You Should Know: – Know Labs (NYSE American: KNW), a leading innovator in non-invasive medical diagnostic technology, today announced the unveiling of its KnowU™, a wearable, non-invasive continuous glucose monitor (CGM). – With over 270 patents issued, pending, and in process, Know Labs has established a solid foundation for its technology, creating a competitive advantage in the non-invasive CGM landscape.

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With Amedisys Deal Pending, Justice Department Opens Antitrust Investigation Into UnitedHealth Group

Home Health Care

The Department of Justice is targeting UnitedHealth Group (NYSE: UNH) in an antitrust investigation, The Wall Street Journal reported Tuesday. Specifically, the Justice Department is interviewing subjects around interactions between UnitedHealth Group and its health care provider services arm, Optum. UnitedHealthcare is one of the largest insurers in the country.

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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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Imprivata Unveils Imprivata Biometric Patient Identity

HIT Consultant

What You Should Know: – Imprivata , a provider of digital identity solutions for critical industries, today announced the launch of Imprivata Biometric Patient Identity. This innovative solution utilizes facial recognition technology to address the growing issue of patient misidentification in healthcare. – Integrated with Epic, Imprivata Biometric Patient Identity empowers healthcare providers to confidently deliver improved patient care while mitigating the risks associated with mi

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NLP Framework Could Improve Medical Summarization Tools

Health IT Analytics

Researchers have developed a framework to fine-tune the natural language processing models used in medical text summarization tools.

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Color Health, BCBS National Labor Office Partner to Empower Unions in the Fight Against Cancer

HIT Consultant

What You Should Know: – Color Health , a leader in comprehensive cancer solutions, announced today a Strategic Alliance partnership with the Blue Cross Blue Shield (BCBS) National Labor Office (NLO). – Through this alliance, Color Health and BCBS NLO aim to empower union leaders with the tools and resources needed to equip their members for the fight against cancer, promoting early detection, comprehensive care, and essential support services.

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State Strategies to Leverage Medicaid Managed Care Contracting for Investments in Health and Housing Alignment 

NASHP

A growing number of states are covering housing-related services under Medicaid , including pre-tenancy and tenancy-sustaining services. Many states leverage their contracts with managed care organizations (MCOs) to support housing-related interventions. Regardless of whether a state has pursued an 1115 waiver or other Medicaid authority , Medicaid MCOs can be an important player in developing partnerships and coordinating resources to deliver housing supports and services.

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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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FamilyWell Secures $4.3M to Combat Maternal Mental Health Crisis

HIT Consultant

What You Should Know: – FamilyWell Health , a company dedicated to improving maternal mental health, announced today they have secured $4.3 million in seed funding led by.406 Ventures , with participation from GreyMatter Capital and Mother Ventures. – The funding will fuel FamilyWell’s national expansion, tackling the crucial issue of maternal mental health.

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Using Data and Performance Measurement to Guide MCO Efforts to Meet Housing Needs 

NASHP

This report is one section of State Strategies to Leverage Medicaid Managed Care Contracting for Investments in Health and Housing Alignment. See the full resource guide. For more information on financing housing-related services, please visit our Medicaid and Housing toolkit. Data sharing and reporting are critical components of planning, implementing, and evaluating interventions to address housing needs.

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Veradigm Acquires ScienceIO for $140M in Cash to Accelerate AI Innovation in Healthcare

HIT Consultant

What You Should Know: – Veradigm Inc. (NASDAQ: MDRX), a provider of healthcare data and technology solutions, announced an agreement to acquire ScienceIO , a leader in healthcare AI platform and foundation models. – The acquisition is valued at $140 million in cash, with $44 million deferred and payable in installments over three years. Veradigm will fund the transaction entirely from existing cash reserves.

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Executive Summary: State Strategies to Leverage Medicaid Managed Care Contracting for Investments in Health and Housing Alignment

NASHP

This is one section of State Strategies to Leverage Medicaid Managed Care Contracting for Investments in Health and Housing Alignment. See the full resource guide. For more information on financing housing-related services, please visit our Medicaid and Housing toolkit. Executive Summary Health and housing supports and services are critical for many individuals and families to obtain and maintain stable housing in community settings.

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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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Arcadia Launches Lakehouse-Powered Data Platform

HIT Consultant

What You Should Know: – Arcadia , a healthcare technology company, announced today the launch of its next-generation data platform powered by an open lakehouse architecture. – By providing a robust, secure, and scalable data platform, Arcadia empowers healthcare organizations to leverage the power of big data, accelerate their digital transformation journey, and ultimately improve patient care.

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Signify Health Expands At-Home Care Offerings

Home Health Care

Signify Health — a part of CVS Health (NYSE: CVS) — has added heart arrhythmia tests to its diagnostic and preventive services offerings. These screenings are part of the company’s in-home services aimed at achieving earlier detection and diagnoses. One of the reasons Signify Health is focused on heart arrhythmias is because of how common it is among the population the company serves.

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Psychedelic Inequities and Unexplored Risk: Colonization, Commercialization, and Regulation

Bill Of Health

By Tegan M. Carr As a researcher studying the psychedelic experiences of people of color in hopes of driving equitable psychedelic health care, I’m concerned about the ways in which Black, Brown, and Indigenous contributions have been excluded in the development of the psychedelic field and investigation of novel psychedelic therapies. By excluding diverse contributions to the psychedelic field, we risk establishing psychedelic practices that exacerbate racial health inequities (disparities) in

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REGISTRATION OPEN! SNF QRP: Achieving a Full APU Webinar – Update

Briggs Healthcare

The Centers for Medicare & Medicaid Services (CMS) is offering a webinar to provide updated instructions to help providers understand how to achieve a full Annual Payment Update (APU) in the Skilled Nursing Facility (SNF) Quality Reporting Program (QRP). For more information and to register for the webinar, please visit the SNF Quality Reporting Program (QRP) Training page.

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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.