Thu.May 02, 2024

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Cigna writes down VillageMD investment amid shrinking value

Healthcare Dive

Walgreens’ decision to slash VillageMD’s clinical footprint has reverberated to the financial accounts of the primary care chain’s minority owner — Cigna.

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UHG says it's rebuilding Change Healthcare with cloud-based security

Healthcare It News

UnitedHealth Group CEO Andrew Witty testified on May 1 before both the House and Senate about the seismic February 21 cyberattack of UHG subsidiary Change Healthcare, which was infiltrated by the ALPHV ransomware gang. He acknowledged that the absence of multi-factor authentication on a legacy server provided the cybercriminals with their successful attack vector.

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Congress grills UnitedHealth CEO over Change cyberattack

Healthcare Dive

Legislators slammed Andrew Witty over the company’s lack of cybersecurity practices and the impact of the breach, which may have compromised the data of a third of Americans.

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Telehealth, hybrid care adding to physicians' EHR workload

Healthcare IT News - Telehealth

While telehealth alone doesn't appear to add significantly to a primary care physician's workload, mixing modalities – telehealth and in-person hybrid care environments – led to a 6% increase in time spent with documentary and EHR work, new research shows. WHY IT MATTERS These were among the results of an April study by MedStar Health Research Institute and Georgetown University School of Medicine published in JAMA Network Open , which focused on how hybrid care environments

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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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Amwell expects revenue impact from Defense contract in Q4

Healthcare Dive

The telehealth vendor has struggled with a declining stock price and mounting losses.

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More Trending

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The race for healthcare AI models heats up as Google boasts Med-Gemini surpasses GPT-4

Fierce Healthcare

Google and DeepMind released an open access paper on their newest artificial intelligence tools intended for use in hea | Results released by Google on Med-Gemini's performance show that it outperforms existing AI/ML including GPT-4 on over a dozen industry benchmarks.

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Exclusive: Thyme Care launches virtual palliative care program, appoints medical director

Mobi Health News

Dr. Julia Frydman will be the oncology-focused company's first medical director for palliative care. She will oversee its new Enhanced Supportive Care program.

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Walgreens inks deal with Boehringer Ingelheim to advance clinical trials for obesity treatment

Fierce Healthcare

Retail pharmacy giant Walgreens inked another partnership to recruit participants for research as it continues to build out its clinical trials business. | Walgreens has signed more than 35 clinical trial contracts with drugmakers including Freenome and Prothena. The aim is to optimize recruitment and make clinical trials more accessible, inclusive and equitable, the companies said.

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Pelago Announces $58 Million Series C Funding to Strengthen Leadership in Substance Use Management

Healthcare IT Today

Investment Follows Strong Employer and Health Plan Demand as Substance Use Management Moves from Niche Solution to Essential Benefit Resulting in 287% Revenue Growth in 2023 and 100% Client Retention Growth Follows 500% Increase in Substance Use Disorder-Specific RFPs from Employers and Payers in the Past Twelve Months Platform Covers More than 3.4 Million Eligible Lives Pelago , the leading digital clinic partner to U.S. businesses and health plans for substance use management, today announced

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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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Cigna posts $277M loss in the first quarter of 2024

Fierce Healthcare

The Cigna Group posted a $277 million loss in Q1 on the back of investment losses, according to its earnings report released Thursday. | The Cigna Group posted a $277 million loss in Q1 on the back of investment losses, according to its earnings report released Thursday.

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BioPlus Specialty Pharmacy Services Proposes Settlement to Resolve Data Breach Lawsuit

HIPAA Journal

BioPlus Specialty Pharmacy Services has proposed a settlement to resolve a class action lawsuit that was filed in response to a 2021 data breach that exposed the data of up to 350,000 patients. Hackers gained access to the BioPlus network for more than 2 weeks between October and November 2021, and potentially stole names, dates of birth, contact information, health insurance information, prescription information, and Social Security numbers.

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Hospital finance metrics stumble in March but remain strong through Q1

Fierce Healthcare

Hospitals’ margins and revenues took a slight dip in March, though it wasn’t enough to sour what has been a strong quarter for the sector. | Revenues, volumes and margins pulled back from February to March, with the strongest decline seen among outpatient settings. Sectorwide reports and recent earnings suggest that the sector is still well ahead of 2023.

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BakerHostetler Report Identifies Healthcare Data Breach and Litigation Trends

HIPAA Journal

BakerHostetler has released the 10 th edition of its Data Security Incident Response Report , which shares data from the incidents the law firm has helped to manage. The report provides insights into the current cyber threat landscape and litigation trends. Data Breach Insights Healthcare accounted for 28% of data breach incidents, followed by finance and insurance (17%), business and professional services (15%), and education (13%).

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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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Alignment Healthcare raises membership guidance but posts $47M net loss

Fierce Healthcare

Alignment Healthcare boosted its health plan membership and is now projecting a higher full-year growth range, the insurtech announced ahead of its first-quarter earnings call. | Alignment Healthcare is growing its Medicare Advantage membership but shrinking its maximum adjusted EBITDA, the company announced ahead of its first quarter earnings call.

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Healthcare Ransomware Attacks Involve 20% of Stored Sensitive Data

HIPAA Journal

Ransomware groups target the healthcare sector because a successful attack gives them access to large amounts of sensitive data that can be easily monetized and used as leverage to get a ransom paid. Healthcare organizations are also heavily reliant on access to data to operate, therefore there is a higher probability that a ransom will be paid to regain access to encrypted data.

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Here are the 8 states where Medicaid disenrollments far exceeded projections

Fierce Healthcare

Two new studies released Thursday shed new light on how states are handling the Medicaid unwinding process for adults and children. | Analyses out of Georgetown University and the Urban Institute show just how dire the Medicaid redetermination crisis is in some states.

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Intermountain Health Deploys Nuance’s DAX Copilot Across Enterprise

HIT Consultant

What You Should Know: – Intermountain Health , a leading healthcare system serving the Intermountain West, announced today the enterprise-wide deployment of Nuance Communications ‘ Dragon® Ambient eXperienceâ„¢ (DAXâ„¢) Copilot , a generative AI solution aimed at improving clinical documentation efficiency and reducing administrative burdens. – Intermountain Health emphasizes the responsible development and application of AI technology.

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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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Transcarent raises $126M, bringing its valuation to $2.2B

Mobi Health News

The company will use the funds to accelerate its AI capabilities and for strategic and commercial growth.

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Large Language Models Show Promise for Streamlining Physician Workflows, But Safety Concerns Remain

HIT Consultant

Danielle Bitterman, MD What You Should Know: – A new study by researchers at Mass General Brigham suggests large language models (LLMs), a type of artificial intelligence (AI) , could be a helpful tool for doctors to streamline communication with patients. However, the study also highlights the importance of human oversight to ensure patient safety. – The findings, published in The Lancet Digital Health , emphasize the need for a measured approach to LLM implementation.

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Most Americans See Rise of Mental Health Issues, And Poorly Treated by the Health System (with a postscript on Walmart Health)

Health Populi

While people in the U.S. perceive a dramatic rise in mental health conditions among fellow health citizens growing over the past five years, people note barriers of cost, insufficient supply of providers, and stigma as barriers to getting care in the latest Gallup and West Health poll on the subject. In West Health’s words , three-quarters of Americans feel that, “mental health takes a back seat to physical health” in the U.S.

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NVIDIA Makes Drug Discovery, Medical Imaging, and Genomics Easier with Cloud-Based AI

HIT Consultant

What You Should Know: – Harnessing the power of AI for healthcare just got simpler. NVIDIA announced the integration of NVIDIA NIM, a collection of cloud-native AI microservices, with Amazon Web Services (AWS). – The strategic collaboration empowers developers to leverage pre-trained AI models for drug discovery, medical imaging analysis, and genomics research – all accessible through user-friendly APIs.

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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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Industry Voices—To address the nursing shortage, nurse education needs to evolve

Fierce Healthcare

Industry Voices—To address the nursing shortage, nurse education needs to evolve aellison Thu, 05/02/2024 - 13:41

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Staffordshire and Stoke-on-Trent ICB collaborates on health data initiative

Digital Health News

A new collaboration will see health data from Staffordshire and Stoke-on-Trent ICB be included in Lichfield District Council's Social Progress Index.

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POGO Automatic Blood Glucose Monitor Now Covered by Medicare Part B

HIT Consultant

What You Should Know: – Intuity Medical, Inc., a medical technology company committed to making it easier to live with diabetes, announced today that its POGO Automatic® Blood Glucose Monitoring (ABGM) system, featuring one-step testing, is now covered by Medicare Part B. This decision expands access to the innovative monitor for the 16.5 million seniors age 65 and up living with diabetes. – The Centers for Medicare and Medicaid Services (CMS) created two new coverage codes specifica

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NHS Borders forms tech partnership with EQL for MSK care

Digital Health News

Patients at GP practices in the NHS Borders region can now access the Phio digital tool to help them manage their musculoskeletal issues.

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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.