Fri.Sep 13, 2024

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UTHealth Houston collaborates with OpenAI to offer clinicians HIPAA-compliant ChatGPT solutions

Fierce Healthcare

UTHealth Houston unveiled a partnership with OpenAI on Friday to build and deploy algorithms for use in medical training and at the patient’s bedside. | UTHealth Houston, an academic medical center in Texas, is partnering with OpenAI to give clinicians, faculty and students access to ChatGPT tools to build custom, HIPAA-compliant AI solutions.

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Where healthcare AI startups are raising venture capital funding

Health Care Dive

Just over 5% of companies selling AI to health systems have matured beyond seed and early-stage funding rounds, according to an analysis by Flare Capital Partners.

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West Tennessee Healthcare President, CEO James Ross dies

Fierce Healthcare

James Ross, president and CEO of West Tennessee Healthcare, died Thursday morning, according to an announcement from the health system on social media. | The nurse-executive had been with the seven-hospital nonprofit for nearly four decades and was a prominent member of the Jackson, Tennessee, community.

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Medicare Advantage bonuses poised to drop this year for first time since 2015, KFF says

Health Care Dive

Still, plans are expected to rake in $11.8 billion in bonuses, with half of that tranche going to just two insurers: UnitedHealthcare and Humana.

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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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Payer Roundup—Minnesota providers drops Humana MA plans; New No Surprises Act bill introduced

Fierce Healthcare

Below is a roundup of payer-centric news headlines you may have missed during the month of September 2024. | This month, Humana faces consequences for prior auth delays, Congress members have introduced new No Surprises Act legislation targeting insurers and Aetna has been sued for denying gender-affirming facial reconstruction surgeries.

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Lawmakers scrutinize sluggish efforts to overhaul organ transplants as HHS aims to expand access for HIV-positive patients

Fierce Healthcare

Lawmakers scrutinize sluggish efforts to overhaul organ transplants as HHS aims to expand access for HIV-positive patients dmuoio Fri, 09/13/2024 - 17:08

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Elevance to acquire Indiana University Health’s insurance business

Health Care Dive

IU Health Plans will operate under the Anthem Blue Cross and Blue Shield brand after the deal closes, which is expected at the end of 2024.

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Industry Voices—Modern caregiving will take a village

Fierce Healthcare

Next year, the oldest members of the baby boomer generation will turn 80 years old. It’s a cause for celebration of life, but it’s also a milestone our nation is completely unprepared to meet. | It’s past time for our healthcare system, our social service infrastructure and our culture to acknowledge just how bleak the future will be for this population if we don’t modify the approaches we take to care for our older adults.

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AI-powered cognitive priming helps one PT clinic improve care and boost its bottom line

Healthcare It News

Matt Mastenbrook, DPT, clinic manager and treating physical therapist at Baylor Scott & White Institute for Rehabilitation, says one of his first goals as a manager was to set his clinic apart from the many others in the area. And leading-edge technology would be a key change agent. THE PROBLEM Mastenbrook decided to advance and optimize Baylor's use of the CogPT platform, developed by vendor Academy Medtech Ventures.

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Grow Big, Pay Smart: How To Unlock Efficiency In Payroll Management

Speaker: Joe Sharpe and James Carlson

Running a small business is no small feat. Payroll management, in particular, can be one of the most time-consuming and complex parts of that equation. Yet, businesses that crack the code on streamlining these processes often discover not just savings, but new avenues for growth. Our expert speakers will share actionable insights and real-world examples of how businesses have reduced overhead and improved payroll efficiency.

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Mercer: Employer benefit costs set to rise by more 5% in 2025 for 3rd straight year

Fierce Healthcare

Employers are bracing for a third straight year with health benefit costs increasing more than 5%, according to a new report from Mercer. | Employers are bracing for a third straight year with health benefit cost increases of more than 5%, according to a new report from Mercer.

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Many women skip care due to access issues, survey shows

Healthcare It News

The U.S. healthcare system may not be fully meeting the needs of women, if a new report is any indication. In a survey of consumers conducted by the Deloitte Center for Health Solutions, women are 35% more likely than men to say they've skipped or delayed medical care over a 12-month period. The reasons for this come down to access, affordability and past negative experiences.

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Walgreens eyes 'tremendous growth' for clinical trials as part of transformation strategy

Fierce Healthcare

Walgreens sees a long runway for its two-year-old clinical trials business as it doubles down on its core retail pharmacy operations. | Walgreens sees a long runway for its two-year-old clinical trials business as it doubles down on its core retail pharmacy operations. Ramita Tandon, chief clinical trials officer, shared insights about Walgreens' strategy to ramp up its clinical research capabilities during TD Cowen’s recent 9th Annual FutureHealth Conference.

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Bayada, HomeWell Leaders Share Strategies For Recognizing And Retaining Office Staff

Home Health Care

Office staff have the highest client satisfaction scores among home health care provider employees. They also have the lowest administrative salaries. These salaries can impact job satisfaction and cause employees to seek employment elsewhere, according to the 2024 Activated Insights Benchmarking Report. Some organizations are turning to recognition to combat this trend.

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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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Xsolis’ AI solutions have saved Providence Health System more than $40 million

Fierce Healthcare

As revenue cycle management becomes the heartbeat of healthcare administration, providers are seeking to upgrade their tech game, with 62% looking to expand capabilities in the near future. | This collaboration not only streamlines crucial utilization review processes but also sets a new standard in healthcare by leveraging AI to focus valuable clinical resources on our core mission.

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Why TheKey Has Shifted Its Focus To Organic Growth After A Flurry Of Acquisitions

Home Health Care

This article is a part of your HHCN+ Membership TheKey has been one of the most active acquirers in the home care space, but now, it is shifting focus and leaning into other growth drivers. “For us, that’s kind of our big focus now: How do we really double down on organic growth?” Melissa Reyes, president of the west division at TheKey, said during a recent conversation with Home Health Care News.

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Chutes & Ladders—Mount Sinai taps new digital and IT leader; CommonSpirit hires chief physician executive officer

Fierce Healthcare

Chutes & Ladders—Mount Sinai taps new digital and IT leader; CommonSpirit hires chief physician executive officer ebeavins Fri, 09/13/2024 - 15:57

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World Sepsis Day 2024: Focus on Protecting Children from Sepsis

CDC

For the last seven years, Get Ahead of Sepsis has encouraged patients, their loved ones, and healthcare professionals to know the risks, spot the signs and symptoms, and act fast if they suspect sepsis during Sepsis Awareness Month and year-round. Anyone can get an infection, and almost any infection can lead to sepsis. Some people are at higher risk, including children younger than one.

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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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Fierce Healthcare Fundraising Tracker—Gen AI startup nabs $25M; Rethink Impact raises $250M for female-led companies

Fierce Healthcare

At Fierce Healthcare, we keep track of all the venture capital being funneled into the health tech and digital health industries. | Rethink Impact, a venture capital firm focused on cultivating female leadership through technology, raised $250 million for its third fund. Pieces Technologies picked up $25 million for gen AI solutions, and Candid Health banked $29 million for revenue cycle automation.

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Competing with China Explained: What Americans Need to Know

The Rand Blog

The U.S.-China relationship presents a complex array of foreign policy challenges that will have to be addressed when a new administration takes charge in Washington next year. We asked three RAND experts to shed some light on the state of U.S.-China relations and competition as the American electorate heads to the polls.

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Does PBM Market Share Vary by Payer Type?

Healthcare ECONOMIST

A paper by Qato et al. (2024) quantifies the degree of of pharmacy benefit manager (PBM) market concentration. Across all payer types, the PBM market was highly concentrated, with an HHI [Herfindahl Hirschman Index (HHI)] of 1972…the HHI was lowest in commercial insurance (1940), with 90 PBM participants, and highest in Medicare Part D (2399), with 21 PBM participants.

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Ukraine's Kursk Incursion: Another Nail in the Coffin of Putin's Regime?

The Rand Blog

Ukraine's bold Kursk operation challenges Putin's war narrative and exposes domestic vulnerabilities. While unlikely to collapse Putin's regime, the symbolic impact of Ukrainian advances into Russian territory erodes its foundation and boosts Ukraine's resolve.

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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.

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CommonSpirit Health at Home Names New President And CEO

Home Health Care

CommonSpirit Health at Home — the home-based care arm of health system CommonSpirit Health — has a new CEO. Trisha Crissman will step into the role, having served as interim president of CommonSpirit Health at Home since October 2023. “Trisha’s leadership has been instrumental in Health at Home’s success, and she will continue to drive growth, performance, innovation and strategic direction for CommonSpirit Health at Home as she takes on this new role,” Terika Richardson, senior vice president a

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GI Partners Makes Major Investment in eClinical Solutions

HIT Consultant

What You Should Know: – eClinical Solutions LLC, a provider of digital clinical software and services, announced that it has received a majority investment from GI Partners , a private investment firm. – This investment highlights eClinical Solutions’ strong position as a trusted partner for life science organizations of all sizes seeking to accelerate research and advance therapeutic breakthroughs in an increasingly complex trial landscape.

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Unpaid Invoice: 10 Simple Strategies for Collecting

Etactics

94% of bookkeepers in the United States say they need to “chase down” clients to collect late payments. This is an unfortunate, and often stressful, part of running a business. Especially one in healthcare. Unpaid invoices, if left unaddressed, can result in a large sum of missing revenue. So, there’s no other choice in the matter but to follow up on them.

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mPulse Acquires Healthcare Consumer Experience Platform Zipari

HIT Consultant

What You Should Know: – mPulse® , a frontrunner in Health Experience and Insights (HXI) technology, announced its acquisition of Zipari, Inc. , a prominent player in healthcare consumer experience technology. – This strategic acquisition underscores mPulse’s commitment to driving market leadership through robust growth and an unwavering focus on enhancing the healthcare consumer journey.

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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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Effective Sept.30, 2024, Kyley Roberts, MD, will no longer be practicing medicine at Healthcare Associates of Texas – Bedford.

Healthcare Associates

Effective Sept.30, 2024, Kyley Roberts, MD, will no longer be practicing medicine at Healthcare Associates of Texas – Bedford. Patients may obtain copies of their medical records at: Healthcare Associates of Texas – Bedford 1305 Airport Freeway, Suite 220 Bedford, TX 76021 Phone: 1-817-358-5800 Fax: 1-817-283-7686 The post Effective Sept.30, 2024, Kyley Roberts, MD, will no longer be practicing medicine at Healthcare Associates of Texas – Bedford. appeared first on Healthcare Associates of

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Candid Health Secures $29M for Revenue Cycle Automation Platform

HIT Consultant

What You Should Know: – Candid Health , the innovative revenue cycle automation platform designed for healthcare providers raises $29M in a Series B funding round led by 8VC , with participation from existing investors First Round Capital , BoxGroup , and Y Combinator. – This latest investment brings the company’s total funding to $47M.

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What Might Harris Do on North Korea if Elected President?

The Rand Blog

Should Kamala Harris win the presidency, there is likely to be more continuity than there is change in U.S. policy toward North Korea. But if North Korea becomes a larger threat, particularly due to broader geopolitical events involving China and Russia, Harris may be motivated to make bolder changes to the U.S. approach.

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