Tue.May 07, 2024

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Steward’s bankruptcy documents reveal sprawling debt, planned hospital fire sale

Healthcare Dive

Since filing for bankruptcy Monday, Steward Health Care revealed it's carrying more than $1 billion in debt and said its entire hospital portfolio is for sale.

Hospitals 340
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New efforts try to balance nurse staffing ratios with access to care

Healthcare IT News - Telehealth

It's National Nurses Week 2024 , and it's time to celebrate the more than 5 million RNs nationwide who are so essential to care delivery. But overshadowing the celebration are many challenges impacting the nursing workforce. Chief among them: critical staffing challenges. Some federal and state legislators are seeking to mandate patient-caregiver ratios to help improve care and reduce nurse burnout.

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Medicare go-broke date extended to 2036, but warning bells continue ringing

Healthcare Dive

The Medicare trustee’s new deadline for the trust fund’s insolvency is five years later than in last year’s report, but budget hawks warned action is still needed to shore up the insurance program’s finances.

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What facilitated telehealth can do to improve care for high-need groups

Healthcare IT News - Telehealth

A recent study in the Journal of the American Medical Informatics Association finds significant association between the use of telehealth services and improved healthcare access and outcomes in communities negatively impacted by health disparities. But to truly achieve those quality improvements – while tackling social determinant of health challenges and trimming costs – virtual care should be delivered with a bit more of a hands-on approach, said Dr.

Hospitals 148
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3 Reasons to Retire Pagers from Healthcare Settings

Let's discuss the trusty pager—an old favorite that’s losing its shine in hospitals and clinics. While once a staple in hospitals and clinics, pagers now present significant limitations that hinder rather than facilitate communication among healthcare professionals. Healthcare professionals are constantly on the move, and they need communication tools that can keep up with their fast-paced lives.

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Clover Health authorizes $20 million share buyback program

Fierce Healthcare

Clover Health is raising its full-year adjusted EBITDA guidance and announced a share repurchase program of up to $20 million over the next two years, the insurtech said ahead of its first quarter | Clover Health announced an improved year-over-year adjusted EBITDA, insurance revenue and MCR during its first quarter earnings call.

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New bill aims to establish provider incentive program to combat drug shortages

Fierce Healthcare

A new draft bill from the Senate Finance Committee aims to establish a new provider incentive program to address drug shortages. | A new draft bill from the Senate Finance Committee aims to establish a new provider incentive program to address drug shortages.

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Biolinq Raises $58 Million to Advance Wearable Biosensors Through Pivotal Trial for Metabolic Health Using Precision Microsensor Technology

Healthcare IT Today

Biosensor Platform Leverages Silicon Semiconductor Manufacturing for Scale Technology Designed to Provide a Better View of Metabolic Health by Combining Glucose Information with Context Around Activities of Daily Living in One Device $58 Million in Funding Led by Alpha Wave Ventures Biolinq Incorporated , a healthcare technology company pioneering precision multi-analyte biosensors to improve metabolic health, today announced the completion of $58 million in financing led by Alpha Wave Ventures

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Overcoming veteran healthcare hurdles

Fierce Healthcare

More than 18 million veterans live in the U.S., making up about 7% of the adult population. | In this week’s episode of “Podnosis,” Fierce Healthcare Senior Writer Anastassia Gliadkovskaya sits down with two experts to discuss how stakeholders can help overcome the issues plaguing the veteran healthcare system.

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Exclusive: General Catalyst-backed Blackwell Security garners $13M

Mobi Health News

The company, which tailors cybersecurity offerings to health systems and providers, also appointed its first chief executive officer, Geyer Jones.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Oscar Health records first quarterly net profit, exceeds EPS expectations

Fierce Healthcare

Insurtech Oscar Health is standing by its full-year outlook after surpassing market expectations and beating year-over-year measures. | Oscar Health is in the green for the first time in company history, with nearly all financial metrics exceeding market expectations during the company's first quarter earnings call.

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Why hospitals should look out for 'vishing'

Becker's Health IT

Learn about the rise of "vishing" at hospitals and how cybercriminals are using AI to launch voice phishing attacks, according to a health system CIO.

Hospitals 103
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House Ways & Means committee unveils two-year telehealth extension bill, and tacks on PBM reforms

Fierce Healthcare

The House Committee on Ways & Means Monday night unveiled a first-of-its-kind piece of telehealth extension legislation to preserve Medicare telehealth flexibilities for two years. | Pandemic-era Medicare telehealth flexibilities which removed restrictions on how a Medicare beneficiary could access telehealth are set to expire at the end of 2024.

Medicare 105
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St Bartholomew’s Hospital deploys AI to spot missed appointments

Digital Health News

A new AI tool has been used for the first time at St Bartholomew's to help identify when actions have not been taken that could cause harm or care delays.

Hospitals 107
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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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Cone Health Promote Keith Jones to Chief Information Officer

HIT Consultant

Keith Jones, CIO at Cone Health What You Should Know: – Keith Jones has been appointed as the permanent chief information officer (CIO) at Cone Health after serving in an interim capacity since September. With over a decade of experience at Cone Health, Jones has been instrumental in spearheading initiatives to align with the organization’s strategic goals and enhance healthcare experiences. – During his tenure, Jones played a pivotal role in developing Cone Health’s initial st

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NHS App messaging saves NHS more than ÂŁ1 million in last year

Digital Health News

Messages sent to millions of patients via the NHS App have saved the NHS ÂŁ1.1m on the cost of previously sending the information via text message.

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Suki Inks AI Scribe Agreement with Premier

HIT Consultant

What You Should Know: – Suki , the leader in voice artificial intelligence (AI) technology for healthcare, today announced it has been awarded a national group purchasing agreement for AI scribes with Premier, Inc. – Effective May 1, 2024, the new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms for Suki pre-negotiated by Premier for AI scribes.

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Sheffield Teaching Hospitals carries out region’s first RAS hysterectomy

Digital Health News

South Yorkshire has seen its first hysterectomy by robotic-assisted surgery, with Sheffield Teaching Hospitals treating a patient with endometriosis.

Hospitals 101
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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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ARC Innovation at Sheba Medical Center Joins TRAIN Responsible AI Network

HIT Consultant

What You Should Know: – ARC Innovation , the innovation arm of Sheba Medical Center , Israel’s leading medical center and a six-time Newsweek World’s Best Hospital awardee, today announced its participation in the Trustworthy & Responsible AI Network (TRAIN). – The consortium brings together healthcare luminaries dedicated to integrating responsible AI practices effectively within the healthcare landscape.

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Hims & Hers brings in $11M in Q1 profit, bumps up 2024 revenue forecast

Fierce Healthcare

Online health and wellness company Hims & Hers bumped its full-year revenue forecast higher following strong growth in subscribers and double-digit net income in the first quarter. | Online health and wellness company Hims & Hers bumped its full-year revenue forecast higher following strong growth in subscribers and double-digit net income in the first quarter.

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Steward Health Care Files for Chapter 11 Bankruptcy, Cites Financial Pressures

HIT Consultant

What You Should Know: – Steward Health Care , the nation’s largest physician-led hospital operator, announced today that it has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. – Steward assures patients and the broader community that day-to-day operations will continue uninterrupted throughout the Chapter 11 process.

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NEBGH: Here's how employers can support cancer patients in the workplace

Fierce Healthcare

Cancer diagnoses are on the rise among younger adults, and a new guidebook seeks to arm employers with the tools necessary to tackle this issue. | Cancer diagnoses are on the rise among younger adults, and a new guidebook seeks to arm employers with the tools necessary to tackle this issue.

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Real-Life Examples of HIPAA Violations and How to Avoid Them

Speaker: Jack Clough, Chief Growth Officer

Download our 30-minute webinar where we delve into real-life examples of HIPAA violations and preventative measures every organization should know! You will learn: The critical factors that lead to HIPAA violations and how to identify them. Three compelling real-life cases of organizations that faced severe HIPAA penalties. Proven strategies to safeguard YOUR organization against HIPAA violations.

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Revolutionizing Healthcare with Data Extraction Technology

HIT Consultant

Ben Manning, Director of Product Management at etherFAX In the evolving landscape of the healthcare industry, technology advancements play a pivotal role in enhancing efficiency, accuracy, and helping reduce the workload on overburdened staff. Despite significant progress in interoperability, traditional methods, such as faxing, continue to be a cornerstone of document exchange in healthcare organizations.

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4 Ways to Mitigate Breaches and Security Crises in Healthcare

HealthIT Answers

By Matt Betts & Carlos Estrada - Bolstering Defenses: When evaluating a solutions partner, focus on these four areas to adequately assess a competitive edge. The post 4 Ways to Mitigate Breaches and Security Crises in Healthcare appeared first on Health IT Answers.

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A Look at RCM, AI, and a New Book Called Joy Notes with Nio Queiro

Healthcare IT Today

This unique video presents a far-ranging conversation with Nio Queiro, President of The Queiro Group. Topics include changes in revenue cycle management (RCM), the role of AI, the importance of being willing to evolve with the times, and finally, a discussion of Queiro’s inspiring and practical book, Joy Notes: Balancing the Trauma with Triumph.

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Reduce Stress and Reclaim Your Time: The Advantages of Using a Mental Health Billing Service

Medisys Compliance

Introduction In the fast-paced world of mental health care in the United States, providers face numerous challenges beyond clinical practice. One of the most daunting aspects for many mental health professionals is managing the complex and often overwhelming task of billing and revenue cycle management. This is where a dedicated mental health billing service can make a world of difference, offering substantial benefits that can help providers reduce stress and regain valuable time to focus on pa

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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.