Cigna sells Medicare businesses to HCSC for $3.7B
Health Care Dive
JANUARY 31, 2024
With the deal, Cigna is exiting a sector that’s been a huge source of growth for insurers but has seen its earnings potential shrink.
Health Care Dive
JANUARY 31, 2024
With the deal, Cigna is exiting a sector that’s been a huge source of growth for insurers but has seen its earnings potential shrink.
Fierce Healthcare
JANUARY 31, 2024
Cigna will sell off its Medicare business to Health Care Service Corporation in a deal valued at $3.7 billion, the company announced Wednesday. | HCSC will acquire Cigna's Medicare Advantage, Part D, supplemental benefits and CareAllies businesses, and the parties expect the deal to close in the first quarter of 2025.
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Healthcare It News
JANUARY 31, 2024
Early forays into the use of radio frequency identification (RFID) tagging in the healthcare industry were plagued with issues. 1 Despite advances over the past decade and the technology’s power to enhance patient safety and enable greater efficiencies, Andrew Meyer, Director of Global Standards at GS1 US, said many healthcare organizations remain “gun shy” about RFID.
Fierce Healthcare
JANUARY 31, 2024
Medicare Advantage (MA) payments are set to decrease yet again in 2025 as the feds phase in significant changes to risk adjustment. | Medicare Advantage payments are set to decrease yet again in 2025 as the feds phase in significant changes to risk adjustment.
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
Healthcare It News
JANUARY 31, 2024
The Deloitte 2024 Healthcare Generative AI Outlook study released this week takes a closer look at potential blind spots leaders may have as they implement generative artificial intelligence. WHY IT MATTERS In the new report, Deloitte researchers said 70% of the executives surveyed were highly focused on data availability, quality, compliance, security and privacy during implementation, but they "may miss the imperative.
Fierce Healthcare
JANUARY 31, 2024
Provider groups and the legislative allies took to the field this week to drum up more support for bills designed to protect the healthcare workforce’s physical and mental well-being. | While some legislators headed an industry-backed briefing for the SAVE Act, others introduced a reauthorization of the Dr. Lorna Breen Health Care Provider Protection Act.
Health Care Quality Digest brings together the best content for healthcare quality professionals from the widest variety of industry thought leaders.
Fierce Healthcare
JANUARY 31, 2024
Foodsmart, a telenutrition company, has onboarded three new health system partners and announced additional funding to roll out its food prescription program known as Foodscripts. | Foodsmart aims to simplify the process for doctors to refer patients with chronic conditions to dietitians to access quality food via what’s known as Foodscripts. Like a pharmacy prescription, patients get a Foodscript, or referral to Foodsmart dietitians, who offer subsidized meals tailored to a given condition.
Healthcare It News
JANUARY 31, 2024
In the face of high addiction rates, mounting mental health crises, and daily reports of overdoses and suicides in the United States, a community triage center in Sioux Falls, South Dakota, has come up with a novel care approach that can be replicated around the world. The center, called The Link, provides 24/7 care and support for individuals struggling with mental health crises and addiction, with a patient population disproportionately represented by Native Americans and people of color.
Health Care Dive
JANUARY 31, 2024
The for-profit hospital operator said it will use the artificial intelligence in operations tracking, clinical documentation and administrative tasks.
Healthcare It News
JANUARY 31, 2024
The Federal Bureau of Prisons is working with Bicycle Health to give individuals released from prison continued access to monthly injections of buprenorphine for opioid use disorder. Bicycle Health CEO Ankit Gupta offers a deep dive.
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
Health Care Dive
JANUARY 31, 2024
The CMS innovation center will coordinate insurance coverage across states to help patients access new treatments with multi-million-dollar price tags.
Fierce Healthcare
JANUARY 31, 2024
A new hybrid provider focused on low-income patients with complex needs has launched in Detroit. | Accompany Health, a primary, behavioral and social care provider, launches with $56 million in series A funding. It currently serves 8,000 patients in Detroit in partnership with a major national payer.
Health Care Dive
JANUARY 31, 2024
The payer is leveraging CenterWell’s growing network of primary care centers for seniors to boost margins in its hard-pressed Medicare Advantage business.
Fierce Healthcare
JANUARY 31, 2024
Healthcare product distributor and data analytics services company Cardinal Health has announced $1.2 billion cash deal to acquire Specialty Networks, which the former said will help expand across | The $1.2 billion cash deal will give Cardinal Health access to Specialty Networks' PPS Analytics platform, which combines real-world data and AI to deliver actionable insights for specialty practices.
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Health Care Dive
JANUARY 31, 2024
The agency is seeking answers on how digital health technologies could be used in the detection of prediabetes and Type 2 diabetes.
Home Health Care
JANUARY 31, 2024
The Medicare enrollment process undergoes annual changes at the Centers for Medicare & Medicaid Services (CMS) to ensure it remains up to date with evolving regulations, policies and health care practices. A number of changes went into effect on Jan. 1, and several of them will affect home health agencies. Here’s what home health agencies should know about those changes.
NCQA
JANUARY 31, 2024
The course of the Digitalization of Health doesn’t always run smooth. But for every set of pain points a provider might experience, there are companies developing technological solutions – platforms and tools – that not only guide us through digital transformation but identify crucial patient and population data along the way. In this episode, we talk with two health tech leaders, interviewed during NCQA’s 2023 Health Innovation Summit in Orlando, Florida, about their strategies and successes in
HIT Consultant
JANUARY 31, 2024
What You Should Know: – Emirates Health Services (EHS) announced several innovative initiatives at Arab Health 2024 ranging from AI-powered virtual nurse, generative AI triage, and data insights using 3M’s clinical risk groups. – These initiatives represent a significant leap forward for healthcare in the UAE and beyond to enhance patient experience, improve healthcare efficiency, and advance medical knowledge.
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.
Home Health Care
JANUARY 31, 2024
This article is a part of your HHCN+ Membership As the cost for home care rises, some providers are finding that clients have more of a zero-tolerance policy when it comes to mistakes or mishaps in care delivery or care planning. With the stakes for client satisfaction arguably higher than ever, leaders of home care companies are leaning into client retention strategies.
HIT Consultant
JANUARY 31, 2024
Kevin Riley, CEO and President, Zyter|TruCare Sheena Ming, Clinical Success Consultant at Zyter|TruCare As the healthcare landscape continues to evolve, there’s a clear trend towards value-based care (VBC). This significant shift, which places a premium on patient health outcomes, diverges from the traditional fee-for-service approach. The aftermath of the COVID-19 pandemic has mainly catalyzed the adoption of VBC models, highlighting the importance of care quality and effectiveness rather
HIStalk
JANUARY 31, 2024
News Oracle announces a generative AI service that supports text.
HIT Consultant
JANUARY 31, 2024
What You Should Know: – 23andMe Holding Co. (Nasdaq: ME), a genetics and biopharmaceutical company, announced The U.S. Food and Drug Administration (FDA) has cleared the investigational new drug (IND) application for 23ME-01473 (referred to as ‘1473), paving the way for the first human clinical trial of this promising new therapy. – With FDA clearance secured, 23andMe plans to initiate a Phase 1 clinical trial in the first half of 2024.
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.
Bill Of Health
JANUARY 31, 2024
By Patric Plesa As interest in psychedelics research and popular psychedelics culture resurges, it is becoming progressively more difficult to discern facts from fantasy. As an academic with expertise in psychology, I too share in the growing enthusiasm for psychedelics research, especially toward therapeutic ends. But I believe a critical perspective, characterized by open science practices and critical theoretical lenses, is indispensable if this field is to avoid the errors of the past and th
HIT Consultant
JANUARY 31, 2024
What You Should Know: – ECRI , an independent healthcare safety organization, has released its annual Top 10 Health Technology Hazards list for 2024 , highlighting critical safety concerns for healthcare providers and the medical device industry. – This year’s list focuses on a diverse range of issues, from usability challenges of home medical devices to environmental impacts of patient care and the dangers of ransomware attacks.
Healthy Debate
JANUARY 31, 2024
The post Beyond adaptation and resilience: A call for health-care transformation appeared first on Healthy Debate.
HIT Consultant
JANUARY 31, 2024
What You Should Know: – Fabric , a leader in healthcare experience optimization, has announced the strategic acquisition of GYANT , a company specializing in conversational AI care assistants and patient engagement suites. – The acquisition of GYANT positions Fabric as a leading force in the digital transformation of healthcare. Their comprehensive suite of solutions is already attracting progressive healthcare providers and innovators, like OSF Healthcare, who are looking to reimagi
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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.
Nordic
JANUARY 31, 2024
A recent opinion piece in Modern Healthcare really resonated with me. Written by Drs. Maria Ansari and Ramin Davidoff, co-CEOs of The Permanente Federation, the article focuses on the serious loss of public trust in the U.S. healthcare system which was exacerbated by the COVID-19 pandemic. They quote a recent Gallup poll that found that only 34% of Americans say they trust the medical system, down a full 10 percentage points from the same summer period in 2021.
HIT Consultant
JANUARY 31, 2024
What You Should Know: – Community Health Systems (CHS), a healthcare provider with 71 hospitals across 15 states announced the successful deployment of its clinical data to a secure, Fast Healthcare Interoperability Resources (FHIR)-based platform on Google Cloud. – The deployment, coupled with the planned implementation of generative AI (gen AI) technologies, marks a significant step towards streamlining operations, improving patient care, and empowering healthcare professionals.
Home Health Care
JANUARY 31, 2024
AccentCare’s new CMO AccentCare has promoted Dr. Balu Natarajan to the roles of executive vice president and chief medical officer (CMO), effective immediately. “In his almost two decades with our company, Dr. Natarajan has been an invaluable asset to our team, demonstrating exceptional leadership and medical expertise,” AccentCare CEO Laura Tortorella said in a statement.
HIT Consultant
JANUARY 31, 2024
What You Should Know: – Peloton Equity, a private equity firm focused on healthcare growth companies, announced a significant investment in OnPoint Healthcare Partners , a leader in AI-powered solutions for reducing physician burnout and improving administrative efficiencies. – This partnership aims to empower OnPoint to accelerate its growth and impact on healthcare delivery.
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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