Friday, July 28, 2023

Salesforce, OpenAI CEOs invest in diagnostics companySalesforce, OpenAI CEOs invest in diagnostics companySalesforce, OpenAI CEOs invest in diagnostics company

Salesforce, OpenAI CEOs invest in diagnostics company

Salesforce CEO Marc Benioff and OpenAI CEO Sam Altman were among investors in Vital Biosciences, which is developing point-of-care diagnostics.



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Nursing homes beefed up staff with PPP loans, study findsNursing homes beefed up staff with PPP loans, study findsNursing homes beefed up staff with PPP loans, study finds

Nursing homes beefed up staff with PPP loans, study finds

Nursing homes that received loans under the Paycheck Protection Program during the COVID-19 pandemic used the funds to boost staff hours.



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Thursday, July 27, 2023

Sanford Health, Fairview Health Services call off proposed mergerSanford Health, Fairview Health Services call off proposed mergerSanford Health, Fairview Health Services call off proposed merger

Sanford Health, Fairview Health Services call off proposed merger

The failed Sanford-Fairview merger attempt marks the second scuttled proposed deal between the nonprofit health systems over the last decade.



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CMS prior authorization data rules in conflict, AHA, AMA, insurers sayCMS prior authorization data rules in conflict, AHA, AMA, insurers sayCMS prior authorization data rules in conflict, AHA, AMA, insurers say

CMS prior authorization data rules in conflict, AHA, AMA, insurers say

The Centers for Medicare and Medicaid Services must clarify rules on prior authorization data exchanges, the American Hospital Association and others assert.



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Marshfield Clinic, Essentia Health take key step toward mergerMarshfield Clinic, Essentia Health take key step toward mergerMarshfield Clinic, Essentia Health take key step toward merger

Marshfield Clinic, Essentia Health take key step toward merger

The combined health system would have 25 hospitals in Michigan, Minnesota, North Dakota and Wisconsin, a health plan and roughly $6 billion in annual revenue.



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FTC, Surescripts reach proposed settlement in antitrust caseFTC, Surescripts reach proposed settlement in antitrust caseFTC, Surescripts reach proposed settlement in antitrust case

FTC, Surescripts reach proposed settlement in antitrust case

The proposal settles a lawsuit accusing Surescripts of using anticompetitive practices to illegally maintain e-prescribing monopolies.



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Higher patient volumes help boost HCA Healthcare's profits in Q2Higher patient volumes help boost HCA Healthcare's profits in Q2Higher patient volumes help boost HCA Healthcare's profits in Q2

Higher patient volumes help boost HCA Healthcare's profits in Q2

Rising volumes, bolstered by population growth in markets such as Texas and Florida, were "broad-based" across the company's divisions, CEO Sam Hazen said.



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Cigna: Claims review software does not use AI, algorithmsCigna: Claims review software does not use AI, algorithmsCigna: Claims review software does not use AI, algorithms

Cigna: Claims review software does not use AI, algorithms

Cigna released information about its PxDx claims review software after facing allegations the company relies on it to reject batches of patient claims.



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Molina ups profit guidance despite Medicaid, Medicare pressures Molina ups profit guidance despite Medicaid, Medicare pressures Molina ups profit guidance despite Medicaid, Medicare pressures

Molina ups profit guidance despite Medicaid, Medicare pressures

Molina Healthcare posted a 24.6% increase in net income for the second quarter, driven by rising investment income and Medicaid and Medicare premiums. 



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Payment concerns not stopping new hospital-at-home programsPayment concerns not stopping new hospital-at-home programsPayment concerns not stopping new hospital-at-home programs

Payment concerns not stopping new hospital-at-home programs

Hospital-at-home is attracting new providers despite uncertainty surrounding future Medicare reimbursement for the services.



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