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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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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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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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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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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More Trending

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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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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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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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Blackstone to buy majority stake in Chartis from Audax Private Equity

Fierce Healthcare

Blackstone plans to buy healthcare consulting and advisory group Chartis Group from Audax Private Equity | The Chicago-based healthcare advisory firm announced Wednesday that it had entered into a definitive agreement to receive a majority investment from funds managed by Blackstone.

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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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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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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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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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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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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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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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Home-Based Care Giants Gamble On ‘Bold’ M&A, Revamped Payer Strategies

Home Health Care

This article is a part of your HHCN+ Membership There are certain headwinds affecting all home-based care providers right now, whether it be in payment, staffing or otherwise. Amid those challenges, the largest companies are all taking slightly different approaches to growth. Enhabit Inc. (NYSE: EHAB), for instance, grabbed the attention of home health providers everywhere last week when it announced that it had terminated its contract with UnitedHealth Group’s (NYSE: UNH) UnitedHealthcare.

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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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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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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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Medable Launches No-Code Platform for Clinical Trials

HIT Consultant

What You Should Know: – Medable Inc. , the leading technology platform for clinical trials, today announced Medable Studio , an all-in-one application for configuring, translating, validating, and launching eCOA Plus (eCOA, eConsent, Televisit, Sensors) into clinical trials. – Studio is a no-code suite that simplifies the complex eCOA launch process, giving biopharmaceutical companies greater control and transparency for faster study go-live and earlier patient enrollment.

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News 8/16/24

HIStalk

Top News The private equity owner of healthcare consulting firm.

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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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XiFin Unifies Products, Launches Payor Rate Transparency Monitor

HIT Consultant

What You Should Know: – XiFin , a leader in healthcare information technologies and services, announced today the unification of its products under a single brand and the launch of a new pharmacy payor rate transparency monitor. – The integrated platform aims to provide greater flexibility and functionality for managing clinical services, while the new monitor offers pharmacies valuable insights into reimbursement rates.

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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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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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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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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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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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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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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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Jeff Greenfield: Provalytics CEO, magician and cookie specialist

Health Business Group

Jeff Greenfield's journey is fascinating. As a child he was enchanted with magic, fell in love with Disney, and was transformed by a year in Israel during high school. Jeff shares how his early experiences shaped his career path, from studying biochemistry at the University of Maryland to becoming a chiropractor, all the while nurturing his passion for close-up magic.

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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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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.