What You Should Know:
- Hospitals’ financial performance declined slightly in September compared to the previous month, according to the latest National Hospital Flash Report from Kaufman Hall. Across the board, there was a decrease in patient volume during this period compared to 2022.
- The latest Physician Flash Report reveals the need for organizations to be more strategic about how they utilize and retain providers and support staff. Physicians are operating at
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Covera Health Secures Up to $50M to Revolutionize Radiology Nationwide
What You Should Know:
- Covera Health, an AI-enabled diagnostic technology company, has announced securing up to $50M in additional Series C funding. This substantial funding aims to support their mission of reshaping the role of radiology on a national scale.
- The company's platform employs advanced data analytics and AI to enhance the quality and efficiency of radiology services. Their innovative approach focuses on improving radiology outcomes while reducing costs and unnecessary
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Amidst AI Promise, Health Information Workforce Shortages Persist: AHIMA Survey Revels
What You Should Know:
- A new survey conducted by AHIMA reveals that 66% of health information (HI) professionals have experienced ongoing staffing shortages in their workplaces over the past two years. These shortages were notably prevalent in areas such as data quality, consumer health information, revenue cycle management, privacy, risk, and compliance, and data analytics.
- The report, “Health Information Workforce: Survey Results on Workforce Challenges and the Role of Emerging
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Emory Health Taps DrFirst to Leverage Clinical-Grade AI for Medication Adherence & Affordability
What You Should Know:
- Emory Healthcare, a comprehensive academic health system in Georgia, is collaborating with healthcare technology pioneer DrFirst to help patients access and adhere to affordable, appropriate prescription medications for their health conditions and ailments.
- As part of the collaboration, Emory Healthcare will leverage three medication management services offered within Fuzion by DrFirst, a software platform that uses clinical-grade artificial
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M&A: IKS Health Acquires AQuity Solutions for $200M
What You Should Know:
- IKS Health, the premier global solution that revitalizes the clinician-patient relationship acquires AQuity Solutions, a tech-enabled clinical documentation, medical coding, and revenue integrity solutions for healthcare, as a wholly-owned subsidiary for $200M.
- The combined company, which will operate as IKS Health, will have annual revenues of $330+ million, as well as a global workforce of over 14,000 employees serving over 150,000 clinicians in many of
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Michigan Health Centers Losing Almost $100 With Every Visit, Report Finds
What You Shoud Know:
- Medicaid prospective payment rate for Michigan's federally qualified health centers (FQHCs) has not kept pace with the actual costs incurred to provide healthcare, resulting in a substantial reimbursement gap of $97.95 or 36.6% on every Medicaid patient visit, according to a new report released by The Michigan Primary Care Association (MPCA).
- The report, conducted by Health Management Associates, underscores the financial challenges faced by Michigan's
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Guardant Health, Flatiron Health Integrate Genomic Profiling Tests into OncoEMR® Platform
HHS Proposes Rule to Establish Disincentives for Health Care Providers That Have Committed Information Blocking
What You Should Know:
- The U.S. Department of Health and Human Services (HHS) released a proposed rule for public comment that would establish disincentives for healthcare providers found by the HHS Office of Inspector General (OIG) to have committed information blocking – when a provider knowingly and unreasonably interferes with the access, exchange, or use of electronic health information except as required by law or covered by a regulatory exception.
- The proposed rule
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Georgiamune and Verily Partner to Advance Novel Cancer Treatment
What You Should Know:
- Georgiamune, a privately held, clinical stage biotechnology company, and Verily, an Alphabet precision health technology company forms a strategic partnership to advance novel therapeutics for patients with cancer.
- Through this partnership, Verily and Georgimune will focus on identifying the patient population that could potentially benefit the most from Georgiamune’s GIM-122, a first-in-class dual-functioning antibody that has the potential to help patients with
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Found Launches Generative AI Guide for Personalized Weight Guidance
What You Should Know:
- Found, a medically-assisted weight loss program launches Found Assistant, a generative AI guide within the Found app that offers members the ability to ask questions and discover instant and relevant information on nutrition, movement, health habits, and more.
- Found Assistant is available 24/7 to provide personalized guidance throughout members’ journeys and further support them in reaching their weight and health goals. During its soft launch in September,
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