Tue.Nov 07, 2023

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Hims & Hers boosts revenue outlook to $868M, expects to be profitable in early 2024

Fierce Healthcare

Hims & Hers' strong revenue growth streak continued in the third quarter as the digital health and wellness business brought in $227 million, up 57% from a year ago. | With continued strong revenue growth, Hims & Hers expects to be profitable by the first half of 2024. The digital health and wellness company boosted its revenue outlook for the year and announced a new AI-powered service to personalize treatments.

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Preparing for the future: Hospital climate resilience plans challenged by cost, uncertainty

Health Care Dive

As extreme weather events caused by climate change ramp up in frequency, hospitals are struggling with financial and data challenges in disaster planning.

Hospitals 306
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VR roundup: FDA clears new device for pain, Stanford says immersive therapeutics can help seniors

Healthcare It News

Virtual and augmented reality are gaining wider acceptance in healthcare. While there are still challenges and deployment hurdles, more and more organizations are using AR and VR as the technologies evolve and the many benefits of tools that once may have sounded like sci-fi become apparent. A few recent announcements show just how AR and VR are catching on across an array of different use cases.

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Envision Healthcare emerges from bankruptcy restructuring

Health Care Dive

The physician staffing firm, which filed for Chapter 11 bankruptcy this spring, said it has since reduced its debt by more than 70%.

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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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'Stunning' court ruling broadens hospitals' 340B use, calls HRSA's enforcement authority into question

Fierce Healthcare

A recent federal district court ruling against the office overseeing the 340B Drug Pricing Program has opened the doors for hospitals to more broadly claim discounts, healthcare legal experts say.< | Alongside a broader definition of a "patient" under the drug discount program, legal experts say that Friday's federal district court decision will have downstream effects for ongoing disputes over drugmaker's contract pharmacy restrictions and hospitals' child site regis

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MIPS 2024: Approved and Unapproved Policies in the Final Rule

p3care

Gear up, providers! CMS has just released the MIPS 2024 final rule. CMS has provided the proposed rule before finalizing the policies for PY 2024 reporting. The clinicians need to be extra vigilant this time, as we notice that CMS is in full form. In CY 2024, it has already set the performance criteria and scoring standards. Now, it’s truly the clinicians’ responsibility to take part in the healthcare improvement battle with full spirit.

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Kaiser Permanente’s investment, operating income rebounded in Q3

Health Care Dive

Kaiser reported a $239 million profit and $83 million in investment income, compared to multi-billion dollar losses in the same period last year.

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Human Rights Principles in Public Health Emergencies: From the Siracusa Principles to COVID-19 and Beyond

Bill Of Health

By Eric A. Friedman and Lawrence O. Gostin In 1984, the United Nations Economic and Social Council (ECOSOC) adopted the Siracusa Principles , which state that restrictions on human rights must meet standards of legality, necessity, and proportionality. States must use the least restrictive means available when putting in place rights-restricting measures.

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Giving nurses a voice in EHR launch at Boone Health

Meditech

In the last few years, we’ve undergone a lot of changes at Boone Health. These changes have given us the opportunity to adopt new internal modules, adjust our framework, and elevate the way that we address problems within our organization.

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Redefining Efficiency: Three Benefits of Virtual Wound Care Consultants

Health Recovery

The number of people struggling with wounds increases yearly. These wounds can be complex, hard to heal, and expensive to treat—issues exacerbated by a shortage of wound-certified nurses. Virtual wound care offers a solution to this growing problem, today.

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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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Blue Cross Blue Shield Of Massachusetts To Eliminate Prior Authorization For Home Health Discharges

Home Health Care

Blue Cross Blue Shield of Massachusetts is getting rid of one of the biggest pain points for home health providers: prior authorization. The change will eliminate more than 14,000 authorizations, according to the company. Broadly, patients being discharged from the hospital to home health care will not need advanced approval. The types of care that will be impacted include physical therapy, occupational therapy, home health aide and nurse visits, and social worker visits.

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Emory Launches AI Health Institute to Improve Health Equity & Patient Outcomes

HIT Consultant

What You Should Know: – Emory University has launched the Emory Empathetic AI for Health Institute as part of its AI.Humanity initiative to leverage AI and big data to transform healthcare globally. – The institute aims to use AI to discern patterns in health data, make predictions, and improve patient health outcomes in diseases such as cancer, heart disease, diabetes, and more.

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How CMS’ Goal To Enroll All Medicare Beneficiaries In ACOs Could Impact Home-Based Care Providers

Home Health Care

The U.S. Centers for Medicare & Medicaid Services (CMS) has stated its objective to enroll all of its Medicare beneficiaries in accountable care relationships by 2030. Currently, roughly 13.2 million Medicare fee-for-service beneficiaries are assigned to an ACO. With this in mind, there has been more activity and investment around accountable care organizations (ACOs), including for at-home care providers, which are strategically collaborating with these organizations.

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Health Payment Systems Taps Madaket Health for Provider Data Management

HIT Consultant

What You Should Know: Health Payment Systems (HPS) today announced it has selected Madaket Health to help manage its provider directory and roster requirements for No Surprises Act (NSA) compliance. HPS, which supports 27,000 providers across 96 hospitals, selected Madaket’s Provider Data Exchange thanks to its innovative approach to data verification, ease of use and automated update model.

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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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‘Do The Homework’: What Home Health Providers Need To Know Before Sitting Down With Payers

Home Health Care

This article is a part of your HHCN+ Membership Diving into value-based arrangements with payers always sounds good, in theory, for home health providers. But it is easier said than done. Providers have to commit to value-based care, but even before that, they need to do their homework to be successful over the long haul. Sign up for HHCN+ to read this exclusive content.

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AppliedVR Releases Clinical Trial Results from In-Home Virtual Reality Program for Chronic Lower Back Pain

HIT Consultant

What You Should Know: – AppliedVR , an immersive therapeutics pioneer, conducted a large randomized controlled trial (RCT) on virtual reality (VR) therapy for treating chronic low back pain (CLBP) at home. – Results of the study were published in Mayo Clinic Proceedings: Digital Health and demonstrated that AppliedVR’s RelieVRx program produced clinically meaningful improvements in adults with CLBP. – AppliedVR aims to provide a non-pharmacological and non-invasive approa

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Generative AI May Facilitate Improved Chest X-Ray Interpretation

Health IT Analytics

Northwestern Medicine researchers have developed a generative AI model that can outperform radiologists at interpreting chest X-rays in some cases.

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2 Out of 3 Cancer Centers Are Still Struggling with Staffing Shortages

HIT Consultant

What You Should Know: LeanTaaS, Inc., the market leader in providing AI-powered and SaaS-based capacity management, staffing, and patient flow software for health systems, today announced the release of its annual The State of Cancer Centers in 2023 Special Report, capturing the firsthand experiences and insights of nearly 100 nursing directors and operational leaders from a diverse set of cancer centers nationwide.

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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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Impact of 340B on the use of biosimilars

Healthcare ECONOMIST

Biosimilar drugs for biologic treatments are analogous to generic drugs for branded small molecules. Switching to biosimilars after biologic patent expiry can save payers and patients money. Why doesn’t it happen more often? There are a variety of reasons but a paper by Bond et al. (2023) argues that the 340B program incentivizes hospitals to prescribe the reference biologic product rather than the less expensive biosimilar.

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3 Ways Developers & Clinicians Can Unite to Drive Innovation

HIT Consultant

Jussi Reijonen, Account Manager at Medixine While contemporary healthcare is slowly but surely embracing novel technologies, front-line nurses are still a much under-used resource in bridging the gap between innovation and patient well-being. Digitalization in the healthcare sector has perhaps the most significant impact potential as the technology with the transformative power to change the way nursing is practiced.

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Apollo’s Curse: When AI Predicts and Doctors Resist

Nordic

I recently read an article by Yale’s F. Perry Wilson, MD, MSCE about medicine’s Cassandra problem with artificial intelligence (AI). I was intrigued even before I read the first sentence because … who was Cassandra again?

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Empowering Staff, Improving Patient Outcomes, and Optimizing Operations with Digital Transformation

HIT Consultant

Dave Bennett, CEO of pCare The pandemic took a significant toll on healthcare professionals due to the increase in critical patients, decrease in staff, reduced supplies, and greater safety risks. While these challenges have plagued the industry prior to the pandemic, the effects were greatly exacerbated by the worldwide crisis. According to a recent AMN Healthcare survey focused on the ongoing impact of the pandemic, 30% of nurses say they remain likely to leave their career in healthcare and

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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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Caught in the Web: Hospital Associations Sue OCR on Third-Party Web Tracking Guidance

Sheppard Health Law

On November 2, 2023, the American Hospital Association and Texas Hospital Association, in conjunction with the Texas Health Resources and United Regional Health Care System, filed suit against the Secretary of the Department of Health and Human Services (“HHS”) and the Director of the HHS Office for Civil Rights (“OCR”) regarding OCR’s guidance on the use of online tracking technologies by HIPAA entities.

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23andMe Launches Prevention-Based Health Membership, Total Health

HIT Consultant

What You Should Know: – 23andMe has launched 23andMe+ Total Health , a comprehensive prevention-based health membership. – Total Health provides clinical-grade exome sequencing, biannual blood testing, genetics-based clinical care, and access to clinicians trained in genetics. Comprehensive, Prevention-Based Health Membership The offering aims to provide a comprehensive approach to prevention, enhancing patient understanding of disease risks and leading to healthier lives.

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Sheppard Mullin 10 Ways to Screw Up Your Deal

Sheppard Health Law

Healthcare transactions are complicated endeavors and approaching them with your eyes wide open can be the difference between closing the deal and the negotiations falling apart. Failing to consider and navigate common pitfalls is an easy way to wreck a deal. On Thursday, November 9, leaders from Sheppard Mullin and Jarrard Inc. will co-host a webinar discussing potential blunders that could sabotage a deal and best practices healthcare organizations can take to prevent them.

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KLAS: Epic Signal Data Not A Predictor of EHR Dissatisfaction, Burnout, or Turnover

HIT Consultant

What You Should Know: Signal (Epic’s provider-efficiency tracking tool) is a familiar sight at many organizations using the Epic platform —these organizations harness Signal data to understand the diverse and complex ways end users interact with the EHR. They often use Signal data to pinpoint providers who may be struggling and could gain the most from EHR training interventions.

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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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Stages of COPD

Healthcare Associates

Chronic obstructive pulmonary disease, or COPD for short, is a common, long-lasting lung disease. It is a progressive disease, which means its symptoms get worse over time. There are several stages of COPD, each of which has different symptoms depending on how far the disease has progressed. Here’s more about the stages and how to contact Healthcare Associates of Texas if you need help managing this condition.

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Particle Health, Hona Integrate to Deliver Longitudinal Data for Informed Clinical Decisions

HIT Consultant

What You Should Know: – Particle Health , an intelligent data platform that aggregates and delivers actionable patient data and insights and Hona have formed a strategic partnership to enhance Hona’s AI-driven healthcare solution. Hona is a customizable, HIPAA-compliant artificial intelligence product that searches and converts thousands of health records into one simple patient overview for healthcare providers, – The collaboration between Particle Health and Hona aims to simp

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How to Handle Denials in Medical Billing: 5 Easy Steps

Etactics

Insurance companies deny between 10% and 20% of healthcare claims each year. In 2023, nearly 18% of insured individuals experienced a denial claim. Denials in medical billing are quite common. If you’re working in the healthcare industry, you’re going to run across a denial claim at some point…it’s an inevitability. In a perfect world, we would have the answer to completely preventing denials from happening.

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Kythera Labs Raises $20M for Wayfinder Data Technology Platform

HIT Consultant

What You Should Know: – Kythera Labs , a healthcare technology and data analytics company, has secured $20M in Series A funding and debt financing from BIP Ventures and CIBC. – The funding will support the growth and scaling of Wayfinder, Kythera’s data-transforming technology platform, and the development and adoption of new and existing offerings.

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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.