April, 2024

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Walmart shuttering all 51 health centers, citing lack of profitability

Fierce Healthcare

This is a developing story and will be updated with more information. | Walmart is shuttering all 51 health centers along with its virtual care services, the retail giant announced Tuesday morning.

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No appointments available: America’s escalating primary care shortage

Health Care Dive

Chronic disinvestment and inadequate training have created a shortage of primary care workers. Leaders at the Milbank Memorial Fund, National Association of Community Health Centers and the American Academy of Family Physicians argue for solutions.

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Doctors are getting on board with genAI, survey shows

Healthcare It News

In an online survey of 100 practicing physicians who work in a large U.S. hospital or health system and use clinical decision support tools, four in five providers – 81% – agreed that generative artificial intelligence can improve care team interactions with patients. The doctors surveyed by Wolter Kluwer also indicated high standards for selecting genAI tools – with 89% reporting they need vendors to be transparent about the sources of CDS data and want to be sure it comes fro

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The 7 Ps of Marketing

Healthcare Success

As an engineering undergrad, I took a Marketing 101 class on a lark, seeking to better understand the psychology behind consumer behavior and developing products with a competitive edge. On the first day of class, we learned the fundamental concept of the 4 Ps of marketing. However, today, I like to use an expanded “7 Ps” definition. In any event, this marketing mix remains essential for any successful marketing strategy.

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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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Insightful Overview of Internal Medicine Billing Services

p3care

Conceptually wrong. It implies that internal medicine is crucial for medical billing, which is not true. What you can say is medical billers spend a large portion of their day processing claims for internal medicine. It is an important field in the healthcare industry. The physician will pen down every detail of service they have given to their patient by using certain codes.

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Hospitals no longer required to report COVID-19 data to CDC

Fierce Healthcare

Hospitals are off the hook for data reporting requirements that have been in place since the early COVID-19 pandemic. | Hospitals were required to share COVID-19 admissions, ICU capacity and other related data on a daily basis during the height of the COVID-19 pandemic, then the reporting frequency shifted. The CDC said it still encourages hospitals to report their data on a "voluntary" basis and will soon begin displaying those data online.

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More than three-fourths of doctors are employed by corporations, report finds

Health Care Dive

Rampant consolidation continues to threaten the existence of independent physicians, according to a new report from Avalere and the Physicians Advocacy Institute.

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Medicare Advantage rate cut remains as feds keep up pressure

Fierce Healthcare

Insurers will feel resentful Monday as the feds opted to not reverse its decision to decrease Medicare Advantage benchmark payments by 0.16%, the Centers for Medicare and Medicaid announced. | CMS is not deviating from its January proposal to modestly rein in Medicare Advantage. Benchmark payments will still decrease 0.16% but the feds expect it will still pay up to $600 billion in payments to plans in 2025.

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ACOs led by independent physicians save Medicare ‘substantially’ more money, CBO says

Health Care Dive

Independent practices have clearer financial incentives to lower medical spending than hospitals participating in accountable care organizations, according to the Congressional Budget Office.

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Google, Bayer team up to develop new AI products for radiologists

Fierce Healthcare

Healthcare company Bayer has tapped Google for its cloud and artificial intelligence capabilities to build new tech products to assist radiologists. | Bayer wants to pair its radiology, healthcare regulator and clinical data handling expertise with Google's tech muscle and ongoing work in generative AI to speed up innovation in media imaging.

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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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Steward bankruptcy likely as massive debt remains, with few options left

Health Care Dive

Steward Health Care’s forbearance period ends in less than 15 days. Analysts say this time, creditors are unlikely to extend the embattled company another lifeline.

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Massachusetts lawmakers tell FTC, DOJ to take hard stance on Optum-Steward deal

Fierce Healthcare

All 11 of Massachusetts’ federal legislators are calling on regulators to keep a short leash on UnitedHealth Group’s proposed acquisition of Steward Health Care’s physician group, even if that mean | The financial jeopardy of Steward's remaining hospitals can't override the long-term cost and quality harms that would likely follow UnitedHealth Group's acquisition of yet another large physician practice, wrote all 11 of the state's federal legislators in a recent letter to reg

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Most doctors, consumers need transparency to trust generative AI in clinical decisions, survey finds

Fierce Healthcare

Though physicians are quickly growing more comfortable with generative AI, the vast majority expect models to be transparent and trained on credible information, a new

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Online chatter points to broad layoffs at Optum—but the full extent is unclear

Fierce Healthcare

UnitedHealth Group subsidiary Optum appears to have laid off a significant percentage of its workforce, Fierce Healthcare has learned, though the full extent of those job cuts remains unclear. | UnitedHealth Group subsidiary Optum appears to have laid off a significant percentage of its workforce, Fierce Healthcare has learned, though the full extent of those job cuts remains unclear.

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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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Joint Commission launches new telehealth stamp of approval for virtual healthcare providers

Fierce Healthcare

The Joint Commission announced Tuesday a new set of accreditation standards for telehealth and remote patient monitoring companies. | A third-party healthcare accrediting organization will offer a new program for telehealth and remote monitoring platforms to build patient trust and ensure high-quality virtual healthcare.

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Walmart Health shuts down

Health Care Dive

The unexpected closure of Walmart’s 51 health centers and virtual care business highlights the difficulty of providing healthcare at this moment in time.

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Amae Health picks up $15M to scale in-person clinics providing care for severe mental illness

Fierce Healthcare

Amae Health launched in January 2022 to improve care for individuals with severe mental illness through a community-based, integrated approach. | Amae Health, which opened its first outpatient clinic in Los Angeles 18 months ago, closed a $15 million series A round to fuel its growth as it plans to open new clinics in four markets.

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Walgreens expands specialty pharmacy business to gene and cell therapy services

Fierce Healthcare

Walgreens is expanding its specialty pharmacy services to offer gene and cell therapy services, supported by a dedicated 18,000-square-foot center in Pittsburgh, the company announced Thursday. | Walgreens is expanding its specialty pharmacy services to offer gene and cell therapy services, supported by a dedicated 18,000-square-foot center in Pittsburgh, the company announced Thursday.

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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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Mental health tech startup Grow Therapy snags $88M, builds out measurement-based care tech

Fierce Healthcare

Grow Therapy, a mental health technology startup, picked up $88 million in fresh funding to grow its footprint and launch more partnerships with payers. | Grow Therapy, a mental health technology startup, picked up $88 million in fresh funding to grow its footprint and launch more partnerships with payers.

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ChatGPT's potential impact on preventative care and emergency visits

Healthcare It News

ChatGPT has been making an impact on enduring healthcare challenges. Many providers and patients are reporting the artificial intelligence helping with preventative care and preventing non-emergent emergency department visits. Imran Qureshi is chief technology officer at b.well Connected Health, a FHIR-based interoperability platform vendor. He has expertise in AI and a lot of advice to share on the subject of health systems harnessing ChatGPT and other large language model-based technologies.

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CVS scoops up tech-enabled Medicare Advantage broker Hella Health

Fierce Healthcare

CVS has quietly acquired Hella Health, a startup Medicare Advantage broker based in New York City, according to a post on LinkedIn. | CVS has quietly acquired Hella Health, a startup Medicare Advantage broker based in New York City, according to a post on LinkedIn.

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CMS final rule on broker comp, health equity could shake up Medicare Advantage

Fierce Healthcare

Centers for Medicare & Medicaid Services finalized a host of actions ranging from broker compensation, health equity, mental health, supplemental benefits and biosimiliars, in the Contract Year | Medicare Advantage plans will need to adjust to new star ratings requirements, industry watchers warned following a final rule on Thursday.

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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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FTC votes to ban noncompetes, with far-reaching effects on doctors

Health Care Dive

The FTC estimates the final rule would lower healthcare costs by $194 billion over the next decade, while freeing up physicians to more easily move between employers.

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FTC votes 3-2 on final rule to ban noncompete agreements, but legal challenges expected

Fierce Healthcare

The Federal Trade Commission (FTC) voted 3-2 Tuesday to issue a final rule striking new noncompete agreements for all workers and phasing out existing noncompetes for all but senior executives acro | The final rule, which does not apply to nonprofits, forbids noncompete contracts for all new hires and winds down existing noncompetes for all employees who are not senior executives.

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Nurses have a deep distrust of AI – but transparency and training could help

Healthcare It News

While some nurses recognize the potential of artificial intelligence to minimize documentation burden and improve patient monitoring – and see a future with broader AI-enabled nursing – others are concerned about AI replacing empathetic human assessment of patients, cutting nursing jobs, risking protected patient data to compromise and more.

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UnitedHealth Group posts $1.4B loss in Q1 amid Change cyberattack fallout

Fierce Healthcare

UnitedHealth Group released its first-quarter earnings Tuesday morning as the industry continues to reel from the massive cyberattack on its Change Healthcare unit. | UnitedHealth Group released its first-quarter earnings Tuesday morning as the industry continues to reel from the massive cyberattack on its Change Healthcare unit.

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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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Physician pay rose a modest 3% in 2023. Here are the specialties that saw the biggest gains

Fierce Healthcare

Physicians made steady pay gains last year, as total compensation grew by a modest 3%, increasing from an average of $352,000 to $363,000. | Any contentment about compensation gains was undercut by the effects of high inflation rates throughout 2023 and Medicare reimbursement cuts, according to Medscape's 2024 physician compensation report.

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Epic, Particle Health dispute exposes broader challenges with sharing patient data, health IT experts say

Fierce Healthcare

Medical records software giant Epic and venture-backed health tech company Particle Health are mired in an ongoing dispute over healthcare data exchange practices. | Health IT experts say the rift between the two companies exposes larger problems with health data exchange including a lack of transparency on who is accessing data and how it's being used along with the need for better gatekeeping.

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AMA: 80% of docs have lost revenue amid disruptions from Change Healthcare cyberattack

Fierce Healthcare

Most physicians felt the disruption caused by the cyberattack on Change Healthcare, and many were still seeing the effects in early April, more than a month after the hacking was revealed, accordin | Most physicians felt the disruption caused by the cyberattack on Change Healthcare, and many were still seeing the effects in early April, more than a month after the hacking was revealed, according to a new survey from the American Medical Association.

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Conversational AI improves 'fourth trimester' maternal care at Penn Medicine

Healthcare It News

The U.S. is considered one of the most dangerous high-income countries in the world in which to give birth. Meanwhile, there's a shortage of OB-GYNs, leaving more than 2.2 million women of childbearing age living in so-called maternity care deserts with limited obstetric care. THE PROBLEM The "fourth trimester," or postpartum time-period, is often a forgotten "trimester" of pregnancy, yet plays a critical role in parental, newborn and overall population wellbeing, explain

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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!