Thu.Aug 15, 2024

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CMS: Negotiated drug prices would have saved Medicare $6B last year

Fierce Healthcare

The Centers for Medicare & Medicaid Services offered the first look at the potential savings generated by the first crop of Medicare drug price negotiations. | The Centers for Medicare & Medicaid Services offered the first look at the potential savings generated by the first crop of Medicare drug price negotiations.

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Complex work, shifting tasks: Why nurses might need their own AI documentation tools

Health Care Dive

Shiv Rao, CEO and co-founder of AI notetaking company Abridge, discusses the company’s product geared toward nurses and what’s next for the documentation market.

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AllianceChicago CIO discusses technology-enabled approaches to health equity

Healthcare It News

AllianceChicago is a unique organization. A federally funded health center network of more than 76 community health centers operating in more than 23 states, its work is centered on improving personal, community and public health through innovative collaboration. The collaboration has been in operation for more than 25 years and is committed to developing and implementing systems that promote equity and optimize health and well-being.

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Medicare reveals results of drug price negotiations

Health Care Dive

The agency said the first round of pricing talks, which involved drugs like the blood thinners Eliquis and Xarelto, will result in $6 billion in savings for taxpayers.

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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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Corrections NZ invests $5M in EHR and more briefs

Healthcare It News

Corrections NZ announces $5M EHR deal The New Zealand Department of Corrections is adopting a patient management system from Canada to improve healthcare for persons in custody. It recently signed a NZ$9 million ($5.3 million) agreement with EHR solutions provider Intrahealth to deliver its PMS over seven years. In a statement, Intrahealth said its solution "will improve operational efficiency by automating tasks, reducing paperwork, and simplifying processes, freeing up the health team to

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Medicaid overtakes Medicare Advantage as health insurers’ bogeyman in Q2

Health Care Dive

Despite challenges in Medicaid and MA, major insurers still posted large earnings in the second quarter — many helped by growing health services divisions.

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Kaiser Permanente rolls out Abridge’s AI documentation tool

Health Care Dive

The product, which uses AI to summarize medical information from conversations between patients and clinicians, is now available across Kaiser’s 40 hospitals and more than 600 medical offices.

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Wolters Kluwer targets retail pharmacies with new digital solutions for medication education

Fierce Healthcare

Information services company Wolters Kluwer rolled out new digital solutions to help retail pharmacies go paperless in an online, mobile tech consumer world. | There is a need to revamp the retail pharmacy experience beyond providing patients with medication leaflets. Two new pharmacy solutions offer digital health content to provide pharmacy consumers with accessible medication and health information.

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Northwestern Deploys Epic-Integrated DAX Copilot Across Enterprise

HIT Consultant

What You Should Know: – Nuance Communications , a Microsoft company, announced that Northwestern Medicine has selected Dragon Ambient eXperience (DAX) Copilot as its ambient voice solution. – The AI-powered technology will be integrated into Epic EHR to streamline clinical documentation and enhance patient care. Nuance’s DAX Copilot Reduces Physician Burnout and Improves Care DAX Copilot addresses the critical issue of physician burnout by automating time-consuming administrati

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Precision surgery AI company Caresyntax banks $180M to accelerate growth and fuel M&A

Fierce Healthcare

Precision surgery software company Caresyntax secured $180 million in a series C extension funding round. | Caresyntax executives said the company will use the fresh capital to scale customer adoption of surgical software tools and to supports its M&A strategy.

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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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Upcoming HICPAC Public Meeting Information

CDC

The next Healthcare Infection Control Practices Advisory Committee (HICPAC) meeting is scheduled for August 22, 2024, 9 a.m. – 3:15 p.m. ET. The meeting will be virtual and streamed live on YouTube. HICPAC meetings are open to the public and registration is not required to watch the meeting webcasts. A link to the meeting webcast will be posted on the upcoming meeting page shortly before the meeting.

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Allstate sells off employer voluntary benefits unit in $2B deal

Fierce Healthcare

Insurance giant Allstate will sell off its employer voluntary benefits arm to StanCorp Financial Group, also known as the Standard, in a deal valued at $2 billion. | Insurance giant Allstate will sell off its employer voluntary benefits arm to StanCorp Financial Group, also known as the Standard, in a deal valued at $2 billion.

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From Comfort to Cure’: Answering the Call of ASCO 2024

HIT Consultant

Dr. Robert Den, Chief Medical Officer at Alpha Tau Medical The landscape of cancer treatment has continued to evolve, and the annual ASCO Meetings often set the stage for “what’s next in cancer care.” The overarching narrative at the 2024 ASCO Annual Meeting “From Comfort to Cure,” calls providers to view treatment plans with an emphasis on quality of life.

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Medicare Drug Price Negotiation leads to 38% to 79% price decrease

Healthcare ECONOMIST

Medicare drug price negotiation is here. The maximum fair prices (MFP) set by Medicare lead to discounts between 38% and 79%. In fact, the real discounts are larger since the figures listed in the table below are discounts off of 2023 prices (rather than 2024 prices). How did the negotiation process work? CMS’s fact sheet described the process as follows: CMS held three meetings with each participating drug company to discuss the offers and counteroffers, discuss evidence, and attempt to a

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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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News 8/16/24

HIStalk

Top News The private equity owner of healthcare consulting firm.

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Elevating Behavioral and Mental Health Care with Advanced EHR/EMR Solutions

Advanced Data Systems

In today's rapidly evolving healthcare landscape, behavioral and mental health providers face unique challenges that require specialized solutions. At Advanced Data Systems Corporation (ADSC), we understand the intricacies of mental health care and offer tailored EHR and EMR systems designed to meet the specific needs of this vital sector.

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ZeOmega Integrates with Wolters Kluwer for Member Education

HIT Consultant

What You Should Know: – ZeOmega®, the leading population health management organization, today announced that its Jiva Member Engagement Navigator platform now integrates with Wolters Kluwer’s UpToDate® member education solutions. – This integration combines both companies’ award-winning solutions to equip health plans with the highest-quality member education materials and programs that enhance member experience, improve performance, and drive measurable outcomes suc

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27 Of Home-Based Care’s Fastest-Growing Companies

Home Health Care

Every company has their own unique growth goals, but some companies are hitting goals faster than others. Across home-based care, companies like Traditions Health, Honor, HomeWell and others are seeing tremendous growth. In fact, the industry is well-represented on the Inc. 5000 2024 ranking of the fastest-growing private companies in the country. This year, 27 companies in the broader home-based care space made appearances on the list.

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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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HealthEdge and Zelis Partner to Modernize Healthcare Payments

HIT Consultant

What You Should Know: – HealthEdge and Zelis have announced a strategic partnership to streamline healthcare payments. – The collaboration combines HealthEdge’s next-generation core administrative processing system (CAPS) with Zelis’ Advanced Payments Platform (ZAPP) to enhance efficiency, accuracy, and transparency in the payment process.

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Meet Mark Burns

Spok Inc

Burns talks about his fifty-year career and memorable experiences with Spok and its predecessor companies in this employee interview. The post Meet Mark Burns appeared first on Spok Inc.

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The Silent Crisis

Healthcare Highways

September is Suicide Prevention Month, a time to raise awareness and promote mental health support. While suicide affects people of all ages, a recent and alarming trend has emerged, a significant increase in suicide rates among children in the United States.

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HistoSonics Secures $102M to Advance Non-Invasive Liver Tumor Treatment

HIT Consultant

What You Should Know: – HistoSonics , a medical technology company specializing in histotripsy, a non-invasive treatment for liver tumors raises $102M in Series D financing round. – Led by Alpha Wave Ventures , with participation from new investors Amzak Health and HealthQuest Capital , and existing investors including Johnson & Johnson Innovation – JJDC , Inc., Venture Investors , Lumira Ventures , Yonjin Venture , and the State of Wisconsin Investment Board, the funding will ac

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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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September – A Month of Awareness and Action Against Cancer

Healthcare Highways

September is normally known for cooling down from the hot summer months and awaiting the fall season, however it is also full of cancer awareness, with ribbons of different colors symbolizing the fight against various forms of this disease.

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Caregiver Turnover, Referral Rejections Continue To Increase In Home Care 

Home Health Care

Home care turnover is the highest it has been in five years, indicating an industry-wide employee retention crisis. This was one of the critical insights from Activated Insights’ – formerly Home Care Pulse – 2024 Benchmarking Report. The report found that the home-based care turnover rate has increased by more than 14% over the last two years to 79.2%.

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CCBHCs: Delivering Behavioral Health Care Where It’s Needed Most

NCQA

The behavioral health crisis in the United States is intensified by a shortage of providers and an increased demand for services. Each year: 1 in 5 adults experience mental illness. 1 in 3 young adults 18–25 experience mental illness. 1 in 6 children and adolescents 6–17 experience mental illness. 1 in 6 people 12 or older have a substance use disorder.

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How Debt-Free Education Programs Can Reduce the Healthcare Staffing Shortage

HIT Consultant

Molly Ellenberg Friedland, Group VP of Corporate Partnerships at InStride The U.S. is currently suffering from a severe shortage of healthcare workers, including physicians, nurses, and allied health roles. For the second year in a row, hospital CEOs cited workforce challenges as their top concern on the American College of Healthcare Executives annual survey.

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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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What Military History Tells Us About Ukraine's Kursk Invasion

The Rand Blog

The ambiguity of Ukraine's ground offensive into the southern Kursk region of Russia underscores its boldness. At least now, in Kursk proper, and in the larger political realm, Ukraine has the initiative. And in war, as military history shows, initiative is everything.

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EPtalk by Dr. Jayne 8/15/24

HIStalk

Bain & Company recently released study findings looking at how.

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Why We Need More Hybrid Managers

The Rand Blog

Hybrid-native managers innately understand how to blend traditional and remote workplaces. They need to be highly effective communicators to ensure clarity and consistency. Equally important is the ability to build trust and foster a culture of accountability.

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Morning Headlines 8/15/24

HIStalk

Caresyntax Raises $180 Million Funding to Accelerate Growth and Adoption.

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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.