- The Centers for Medicare & Medicaid Services (CMS) released a proposed rule outlining changes to Medicare payments under the Physician Fee Schedule (PFS) for services furnished and other Medicare Part B issues on or after January 1, 2025.
- The calendar year (CY) 2025 PFS proposed rule is one of several proposed rules that reflect a broader Administration-wide strategy to create a more equitable healthcare system that results in better accessibility, quality, affordability,
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PE Firm Acquires Healthcare MSP Provider Medicus IT
What You Should Know:
- FFL Partners ("FFL"), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses has acquired a majority stake in Medicus IT, a leading provider of managed IT and cybersecurity services for the healthcare industry. Financial terms of the transaction were not disclosed.
- The acquisition positions Medicus IT for continued growth and leadership in the healthcare IT market. The investment will fuel the company's ability
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Bluesight Diversion Trends Report Reveals $38M Lost to Drug Waste
What You Should Know:
- Bluesight, a provider of medication intelligence solutions, released its 2024 Diversion Trends Report, offering valuable insights for healthcare providers to improve controlled substance monitoring and patient safety.
- The report demonstrates progress in healthcare's fight against controlled substance diversion. However, the data also highlights areas for continued improvement, particularly in waste management and medication documentation.
The report
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Oracle Strengthens Pharmacovigilance Solutions with AI-Powered Enhancements
What You Should Know:
- Oracle announced significant updates to its Argus and Safety One Intake solutions, bolstering its pharmacovigilance portfolio with AI-powered features.
- These AI enhancements cater to the evolving needs of life science organizations, allowing them to navigate increasingly complex regulatory landscapes and manage rising adverse event caseloads.
Enhanced Efficiency and Regulatory Compliance
The new features prioritize efficiency and regulatory
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Alliance Health, Cityblock Partner to Deliver Integrated Care for Medicaid Members in North Carolina
What You Should Know:
- Alliance Health, a managed care organization serving over 137,000 Medicaid beneficiaries in North Carolina, announced a new partnership with Cityblock, a value-based healthcare provider for Medicaid and dually eligible individuals.
- The strategic collaboration aims to improve access to comprehensive, integrated medical and behavioral health care for members with serious mental illness and/or substance use disorder.
Serving the Most
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Stanford Medicine Launches AI-Powered Consult to Improve Clinical Decisions + Outcomes
What You Should Know:
- Stanford Medicine is revolutionizing the way community physicians deliver care with the launch of Patients Like Mine, a suite of services designed to equip them with the data and resources needed to provide high-quality, evidence-based treatment to their patients.
- By empowering community physicians with the tools and knowledge they need, this program has the potential to revolutionize healthcare delivery, ensuring high-quality, evidence-based care for
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Avesi Partners Closes $1.35B Fund for Healthcare and Business Services Investments
What You Should Know:
- Avesi Partners LLC ("Avesi" or the "Firm"), a private equity firm specializing in healthcare and business services, announced today the successful closing of Avesi Partners Fund II LP ("Fund II") at $1.35 billion.
- Headquartered in Stamford, Connecticut with an office in Richmond, Virginia, Avesi Partners focuses on partnering with lower-middle market, privately held, and family-owned businesses. Their primary sectors of interest lie in healthcare
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Innovaccer, P3 Health Partners Team Up to Drive Value-Based Care for Medicare Patients
What You Should Know:
- Innovaccer Inc., a healthcare AI company, and P3 Health Partners (NASDAQ: PIII), a patient-centered population health management company, today announced a strategic partnership focused on revolutionizing care delivery for Medicare patients.
- By leveraging AI and data-driven insights, Innovaccer and P3 Health Partners aim to transform healthcare delivery for Medicare patients, leading to better outcomes, cost optimization, and a more positive experience
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AdvancedMD Summer Release Streamlines Revenue Cycle, Enhances EHR and Patient Engagement
What You Should Know:
- AdvancedMD, a provider of cloud-based healthcare software for independent practices, recently unveiled its 2024 summer product release.
- The update boasts over 30 new features designed to enhance efficiency, improve productivity, and ultimately, boost revenue for medical practices.
Seamless Payment Processing Takes Center Stage
The centerpiece of the release is the revolutionary AdvancedMD Pay terminal, a certified PAX A920 credit card processing
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Blind VA Employee Sues Over Inaccessible Oracle-Cerner EHR
What You Should Know:
- A Department of Veterans Affairs (VA) employee has filed a lawsuit against the agency, alleging its new Oracle-Cerner EHR system discriminates against employees and veterans with disabilities, Federal News Network reports.
- The lawsuit claims the Oracle-Cerner EHR system is incompatible with assistive technologies like screen readers used by visually impaired individuals.
Legal Basis of the Lawsuit
The lawsuit argues that the VA violated Section
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