Healthcare Dive
MAY 1, 2024
Runaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to patterns we have not seen since the start of the pandemic,” its CFO said.
Healthcare It News
MAY 1, 2024
In addition to analyzing client ransomware incidents and other cyberattacks, the privacy and data security specialists at BakerHostetler compared incident response statistics across industries and looked at data breach regulatory response and lawsuits. Of all incidents Baker Hostetler analyzed, healthcare, biotech and pharma took the lion's share at 28%.
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Healthcare IT News - Telehealth
MAY 1, 2024
In the ever-evolving landscape of healthcare, the integration of virtual care has become pivotal in reshaping patient experiences. Amanda Bury, chief commercial officer at Infermedica, a digital health company specializing in AI-powered systems for symptom analysis and patient triage, knows telehealth's potential to enhance and optimize patient experiences and outcomes while emphasizing convenience, affordability and empowerment – tying in responsible AI innovation and strategies for e
Healthcare Dive
MAY 1, 2024
Since 2022, S&P Global Ratings has tracked an increase in violations of debt agreements as macroeconomic pressures and low operating margins challenge providers.
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Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?
Healthcare IT News - Telehealth
MAY 1, 2024
Walmart is closing Walmart Health and Walmart Health Virtual Care, saying the business model was not profitable nor sustainable. The Walmart Health centers opened in 2019. "Through our experience managing Walmart Health centers and Walmart Health Virtual Care, we determined there is not a sustainable business model for us to continue," the company said by statement.
Healthcare Dive
MAY 1, 2024
CEO Saum Sutaria says the health system is a “new company” following nine hospital sales in the first quarter.
Health Care Compliance Brief brings together the best content for health law & compliance professionals from the widest variety of industry thought leaders.
Mobi Health News
MAY 1, 2024
Walmart is closing Walmart Health and Walmart Health Virtual Care, saying the business model was not profitable nor sustainable. The Walmart Health centers opened in 2019. "Through our experience managing Walmart Health centers and Walmart Health Virtual Care, we determined there is not a sustainable business model for us to continue," the company said by statement.
Fierce Healthcare
MAY 1, 2024
The latest batch of Hospital Safety Grades from independent watchdog The Leapfrog Group suggest that patients’ care experiences, which deteriorated during and since the pandemic, may finally be tur | New data from the watchdog reflecting CMS-reported patient safety measures show that hospitals are, on average, working their way back from patient experience and hospital-acquired infection scores that plummeted during the COVID-19 pandemic.
HIT Consultant
MAY 1, 2024
Steve Albert, Executive Vice President and Chief Product Officer, R1 It’s a perfect storm of financial pressures facing healthcare provider organizations – from rising costs to labor shortages to constrained capacity – that stymies revenue growth. Growing challenges with payer payments only exacerbate these issues. According to a Kaufman Hall report , 73% of leaders surveyed said claims denials, which was the top revenue cycle issue in 2022, had increased in 2023.
Fierce Healthcare
MAY 1, 2024
A newly formed group of women’s health companies aims to tackle gaps in care, with a focus on improving outcomes while reducing costs. | A newly formed group of women’s health companies aims to tackle gaps in care, with a focus on improving outcomes while reducing costs.
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Feeling overwhelmed by medical waste regulations? This comprehensive guide unravels the complexities of medical waste disposal, ensuring you stay compliant and prioritize safety. Inside you'll find: Clear categorization: Learn to precisely classify medical waste for proper handling and disposal. Labeling & Storage: Discover best practices for clear labeling and secure storage of medical waste.
Healthcare IT Today
MAY 1, 2024
It can be very overwhelming scrolling though job board after job board in search of a position that fits your wants and needs. Let us take that stress away by finding a mix of great health IT jobs for you! We hope you enjoy this look at some of the health IT jobs we saw healthcare organizations trying to fill this week. Here’s a quick look at some of the health IT jobs we found: Director of Business Development – Healthcare Information Technology – Planet Technology Coding Mana
Fierce Healthcare
MAY 1, 2024
The Office for Civil Rights (OCR) announced an update to Section 504 of the Rehabilitation Act of 1973 Tuesday, fortifying support for Americans with disabilities. | HHS finalized a proposed rule from September, granting greater protections to individuals with disabilities. Secretary Xavier Becerra says the department is willing to help providers meet new standards.
HIT Consultant
MAY 1, 2024
What You Should Know: – Security researchers at Nozomi Networks Labs identified three vulnerabilities in the Merge DICOM Toolkit C/C++ SDK (versions prior to v5.18). – These vulnerabilities could be exploited by attackers to crash medical imaging systems through seemingly harmless actions like opening a DICOM file or processing network data.
Fierce Healthcare
MAY 1, 2024
CVS Health is lowering its guidance for the year after a first-quarter miss on both profit and revenue. | The company posted $1.1 billion in profit for the quarter as well as $88.4 billion in revenue. Both fell short of Wall Street analysts' expectations, according to Zacks Investment Research.
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Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.
HIT Consultant
MAY 1, 2024
What You Should Know: – Baton Health has launched its Universal Primary Source, revolutionizing healthcare credentialing by granting access to hundreds of primary source databases instantly. – The platform has garnered over 30 organizations as clients and early adopters, showcasing its potential to transform healthcare credentialing and reduce verification times from hours or days to mere seconds. – Baton Health’s state-of-the-art platform eliminates manual data entry and
Fierce Healthcare
MAY 1, 2024
News this week that Walmart is shuttering all 51 health cen | Many digital health leaders say recent moves by Walmart and Optum to exit telehealth are not a signal that the telehealth era is over but that the virtual care market is moving away from commoditized models like virtual urgent care.
HIT Consultant
MAY 1, 2024
What You Should Know: – Cedar Gate Technologies (Cedar Gate) , a leader in value-based care technology, announced today the potential for significant healthcare cost savings through early identification of at-risk patients. – An analysis of their national Healthcare Benchmark Database, encompassing nearly 13 million member lives, revealed a staggering $1.4 billion in potential savings.
Digital Health News
MAY 1, 2024
The HIMSS EMRAM (Electronic Medical Record Adoption Model) certification is an internationally recognised quality label that demonstrates a healthcare organisation's commitment to improving care through effective use of electronic medical records. Enovacom's new, free guide provides structured support to progress through the stages of EMRAM to reach peak digital maturity.
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Colington Consulting was established in 2013 and helps organizations achieve HIPAA compliance and ensures clients stay current with the latest enforcement trends. We provide a full range of HIPAA compliance services and consulting. What separates us from our competitors is our knowledge of HIPAA compliance regulations and their application to each of our client’s particular scenarios and requirements.
HIPAA Journal
MAY 1, 2024
On May 1, 2024, the 2024 Verizon Data Breach Investigations Report ( DBIR ) was released, which this year involved an analysis of a record number of security incidents (30,458), and more than double the number of confirmed data breaches as last year (10,626). The report includes 1,378 security incidents at healthcare organizations and 1,220 confirmed healthcare data breaches.
Mobi Health News
MAY 1, 2024
The new platform for will offer video visits for rare disease diagnosis and longitudinal care.
Digital Health News
MAY 1, 2024
New AI software has been rolled out at the Worcestershire Acute Hospitals' stroke unit, which is helping clinicians with their decision making.
Mobi Health News
MAY 1, 2024
The new platform for will offer video visits for rare disease diagnosis and longitudinal care.
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While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.
Digital Health News
MAY 1, 2024
The first two confirmed speakers for October's AI and Data 2024 event have officially been announced - find out who they are.
HIT Consultant
MAY 1, 2024
What You Should Know: – Prescryptive Health , a leading healthcare technology company, today announced the National Community Pharmacists Association’s (NCPA) renewed endorsement of Prescryptive AI Pricing. – Prescryptive AI Pricing creates a dynamic and competitive cash pricing system, enabling independent pharmacies to thrive in the ever-evolving healthcare landscape.
Digital Health News
MAY 1, 2024
Digital Health and Care Wales is rolling out InterSystems TrakCare to help streamline pathology operations across NHS Wales.
Fierce Healthcare
MAY 1, 2024
Did you know about SciTech City, a developing mini city in Jersey City? It's quickly becoming a hub for investment, although it might not be widely known yet. | This week on "Podnosis," Fierce Healthcare Senior Writer Anastassia Gliadkovskaya dives into the details of the innovation hub being built in New Jersey's SciTech City.
Speaker: Amy Anderson
FACIS® helps organizations mitigate patient and organizational risk. Maintaining compliance and safeguarding against fraud and abuse in today’s changing healthcare landscape can be challenging. Most healthcare organizations screen and monitor providers against the OIG but that’s only ONE of FACIS®’ primary sources. FACIS® pulls data for every taxonomy from the lowest level employee to the highest level licensed professional.
HealthIT Answers
MAY 1, 2024
Joshua Liu MD explains how he feels about the investment climate of health IT. How well do you take rejection? The post How Badly Do You Want It? appeared first on Health IT Answers.
Fierce Healthcare
MAY 1, 2024
Healthcare mergers and acquisitions are in no short supply as providers, health tech companies, retailers and other industry players look to expand their businesses and gain a competitive edge. | Novant Health's regulatory roadblocks, Medical Properties Trusts' real estate sell-offs, CVS Health's new MA broker and more M&A news from April.
HealthIT Answers
MAY 1, 2024
Reported payers and health insurance industry news from Cohere Health, Humana, AHIP, UnitedHealth Group, Independence Blue Cross, AMA, NAACOS, CVS Health, and more. The post Revenue Cycle and Payer News – May 1, 2024 appeared first on Health IT Answers.
Mobi Health News
MAY 1, 2024
The health tech giant reported lower-than-expected sales and profits in the first quarter, resulting in its shares plummeting.
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In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.
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