Wednesday, January 25, 2023

Changing employer market leaves digital health companies rethinking strategyChanging employer market leaves digital health companies rethinking strategyChanging employer market leaves digital health companies rethinking strategy

Changing employer market leaves digital health companies rethinking strategy

Teladoc Health, Apree Health and other digital health vendors are struggling to sell to employers given the cost of premiums and softening labor market.



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Staffing troubles force some rural nursing homes to closeStaffing troubles force some rural nursing homes to closeStaffing troubles force some rural nursing homes to close

Staffing troubles force some rural nursing homes to close

The problem could deepen as pandemic-era government assistance dries up and care facilities struggle to compete with rising wages, experts predict.



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Tuesday, January 24, 2023

Hospital price transparency: fines or full compliance?Hospital price transparency: fines or full compliance?Hospital price transparency: fines or full compliance?

Hospital price transparency: fines or full compliance?

As of September, 65% of hospitals had posted their negotiated rates with commercial insurers, but some claim full compliance with CMS isn’t worth it.



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Nurses at 2 NY hospitals ratify contractsNurses at 2 NY hospitals ratify contractsNurses at 2 NY hospitals ratify contracts

Nurses at 2 NY hospitals ratify contracts

The contracts each include 19% increases over three years and measures to enforce staff-to-patient ratios.



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More MA insurer audits mean more scrutiny on providersMore MA insurer audits mean more scrutiny on providersMore MA insurer audits mean more scrutiny on providers

More MA insurer audits mean more scrutiny on providers

The Risk Adjustment Data Validation rule, which CMS is expected to finalize Feb. 1, would have significant financial implications for insurers and their provider partners.



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Amazon rolls out generic drug subscription service Amazon rolls out generic drug subscription service Amazon rolls out generic drug subscription service

Amazon rolls out generic drug subscription service

At $5 a month to Amazon Prime members, the generic drug subscription service is aimed at treating patients with multiple chronic conditions.



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Monday, January 23, 2023

Elevance Health to acquire Louisiana Blue Cross companyElevance Health to acquire Louisiana Blue Cross companyElevance Health to acquire Louisiana Blue Cross company

Elevance Health to acquire Louisiana Blue Cross company

Elevance Health’s Anthem Blue Cross Blue Shield arm would operate in 15 states if the deal to buy Blue Cross and Blue Shield of Louisiana comes to fruition.



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Dollar General launches mobile clinics as next move into healthcareDollar General launches mobile clinics as next move into healthcareDollar General launches mobile clinics as next move into healthcare

Dollar General launches mobile clinics as next move into healthcare

Dollar General opened mobile healthcare clinics at three stores in Tennessee, partnering with DocGo, which provides mobile medical and transportation services.



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US health officials propose annual COVID-19 vaccination for most AmericansUS health officials propose annual COVID-19 vaccination for most AmericansUS health officials propose annual COVID-19 vaccination for most Americans

US health officials propose annual COVID-19 vaccination for most Americans

The FDA's simplified approach aims to make COVID-19 vaccinations more like the annual flu shot.



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CVS Health taps Rush for ACO REACH collaborationCVS Health taps Rush for ACO REACH collaborationCVS Health taps Rush for ACO REACH collaboration

CVS Health taps Rush for ACO REACH collaboration

The CVS-Rush University ACO REACH partnership aims to serve Medicare patients at Chicago-area MinuteClinic locations by connecting them to Rush clinicians.



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Expense increases outpace revenue growth for Ohio health systemsExpense increases outpace revenue growth for Ohio health systemsExpense increases outpace revenue growth for Ohio health systems

Expense increases outpace revenue growth for Ohio health systems

For Cleveland Clinic, University Hospitals and Summa Health, increases in expenses outpaced growth in revenue, resulting in each reporting an operating loss through Sept. 30, 2022.



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Chatbots see success in connecting with vulnerable populationsChatbots see success in connecting with vulnerable populationsChatbots see success in connecting with vulnerable populations

Chatbots see success in connecting with vulnerable populations

AllianceChicago deployed an AI-enabled chatbot at a Chicago-based community center to increase child immunizations and well visits.



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Friday, January 20, 2023

Opinion: Transforming nursing through digital innovation Opinion: Transforming nursing through digital innovation Opinion: Transforming nursing through digital innovation

Opinion: Transforming nursing through digital innovation

Automating key processes and tasks can help healthcare facilities support staff amid the current nursing shortage, says Aetna's Julia Bietsch.



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Home health providers facing default, consolidationHome health providers facing default, consolidationHome health providers facing default, consolidation

Home health providers facing default, consolidation

CMS’ nominal increase in Medicare reimbursement is substantially below home health providers’ labor and supply cost inflation.



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Thursday, January 19, 2023

Tenet CFO Daniel Cancelmi to retireTenet CFO Daniel Cancelmi to retireTenet CFO Daniel Cancelmi to retire

Tenet CFO Daniel Cancelmi to retire

Tenet is conducting a nationwide search for its next chief financial office, who will succeed Daniel Cancelmi. The company also released some preliminary financial data from 2022.



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Cleveland Clinic enters multiyear partnership with Palantir TechnologiesCleveland Clinic enters multiyear partnership with Palantir TechnologiesCleveland Clinic enters multiyear partnership with Palantir Technologies

Cleveland Clinic enters multiyear partnership with Palantir Technologies

The partnership aims to improve hospital performance through a Virtual Command Center that enables data-driven decision making and resource allocation.



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Indiana's high court to hear abortion ban challengeIndiana's high court to hear abortion ban challengeIndiana's high court to hear abortion ban challenge

Indiana's high court to hear abortion ban challenge

The court began hearing arguments Thursday on whether the ban violates privacy protections under the state constitution.



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Wednesday, January 18, 2023

Cleveland Clinic expects 2022 operating loss of more than $200M, CEO saysCleveland Clinic expects 2022 operating loss of more than $200M, CEO saysCleveland Clinic expects 2022 operating loss of more than $200M, CEO says

Cleveland Clinic expects 2022 operating loss of more than $200M, CEO says

The expected operating loss of more than $200 million comes on the heels of the Clinic's strongest financial year in 2021.



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Healthcare data breachesHealthcare data breachesHealthcare data breaches

Healthcare data breaches

Total breaches in 2022 fell just short of the high mark of 715 set in 2021.



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CMS probes overuse of antipsychotics at nursing homesCMS probes overuse of antipsychotics at nursing homesCMS probes overuse of antipsychotics at nursing homes

CMS probes overuse of antipsychotics at nursing homes

The Centers for Medicare and Medicaid Services is cracking down on nursing homes' use of antipsychotic drugs, which have been linked to a higher risk of death in older adults.



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