What You Should Know:
- A glimmer of hope shines through for hospitals, according to November data from Kaufman Hall's National Hospital Flash Report points to ongoing stabilization and even growth.
- While the scars of the pandemic and economic challenges remain, key indicators suggest gradual recovery, with operating margins edging up and revenue streams climbing.
Margins on the Rise, Though Gap Between Performers Persists
The median calendar year-to-date operating margin index for
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Health IT | News, Analysis, Insights - HIT Consultant
Impact Advisors Acquires First Quadrant Advisory to Expand Payer Expertise
What You Should Know:
- Impact Advisors, a leading healthcare management consulting firm, announced today the acquisition of First Quadrant Advisory, a renowned specialist in strategy and operations consulting for the healthcare payer market.
- This strategic acquisition strengthens Impact Advisors' commitment to delivering comprehensive, value-driven solutions for both payer and provider organizations, and further propels its mission to improve the business and delivery of
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Mayo Clinic, Techcyte Partner to Create AI-Powered Pathology Platform
What You Should Know:
- Mayo Clinic Platformv and Techcyte have joined forces to revolutionize the field of pathology by creating a digital pathology platform. This platform aims to pioneer the next generation of pathology services through an open, AI-driven solution, enhancing treatment, efficiency, and accuracy globally.
- By enabling healthcare organizations to economically digitize their pathology practices, the platform integrates innovative technical and AI workflow
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Quest Diagnostics & Ultima Team Up to Tackle MRD & Whole Genome Sequencing
What You Should Know:
Ultima Genomics, a developer of a revolutionary new ultra-high throughput sequencing architecture, and Quest Diagnostics, the nation’s leading provider of diagnostic information services, today announced a collaboration involving Ultima’s next generation sequencing (NGS) technology in oncology and other clinical areas.
Expanding Horizons in Cost-Effective Whole Genome Sequencing
The collaboration aims to enhance patient access, affordability, and
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Cityblock Expands Access for High-Risk Medicaid Members in Ohio
What You Should Know:
- Buckeye Health Plan and Cityblock are teaming up to provide integrated, community-based care to approximately 10,000 underserved Medicaid recipients in the Cleveland-Akron-Canton area.
- The strategic partnership promises to redefine healthcare delivery for vulnerable communities, prioritizing whole-person health and tackling barriers to access in Ohio.
Building Bridges, Improving Outcomes
Buckeye is a leading Ohio Medicaid managed care plan serving over
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How AI is Changing the Conversation Around Hospital Denials – and Improving Financial Implications in the Process
Of the many complexities within the healthcare industry, medical necessity determinations can be the most challenging – and pose one of the greatest barriers to efficient revenue cycle processes and appropriate reimbursement. Complex medical necessity policies that differ between payer, diagnosis, and presentation have muddled utilization review (UR) and revenue cycle processes for years, driving waste and friction between providers and payers that has only intensified since the pandemic.
In
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Making Informed Decisions: What You Need to Know Before Hiring a Software Expert for a Healthcare Project
Hiring professional software experts is crucial for business owners looking to develop or enhance their software systems. However, finding the right vendor is often a daunting challenge that may lead to long-term consequences.This article provides comprehensive guidelines on what healthcare business owners need to know before choosing the right software vendor. By understanding delivery models, the importance of checking references, and paying attention to the details that differentiate between
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Care Continuity Secures $10M to Turbocharge Patient Navigation
What You Should Know:
- Care Continuity, a leading provider of data-driven patient navigation solutions, has secured $10M in Series A-3 funding, fueling its mission to streamline healthcare journeys and optimize network utilization. The investment, co-led by Empactful Capital & Viewside Capital Partners with participation from Flat Creek Capital and Loop 289 Limited Partners, empowers Care Continuity to further enhance its platform and reach, impacting both providers and patients across
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Ventra and ADVOCATE RCM Merge to Create Revenue Cycle Management Powerhouse
What You Should Know:
- Healthcare industry leaders Ventra Health and ADVOCATE RCM announced a groundbreaking merger today, joining forces to become one of the nation's largest and most advanced providers of end-to-end revenue cycle management (RCM) services.
- This strategic move expands Ventra's reach beyond its core specialties in anesthesia, emergency medicine, and hospital medicine, while ADVOCATE RCM gains access to Ventra's extensive resources and network.
Merger Impact
Ventra
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Socially Determined and Uber Health Partner to Bridge Healthcare and Social Needs
What You Should Know:
- Socially Determined, the leading social risk analytics company, and Uber Health, the healthcare platform for seamless benefit coordination, have announced a partnership to empower individuals and families facing common healthcare challenges.
- The strategic joint effort focuses on connecting vulnerable Medicaid, Medicare Advantage, and commercially insured beneficiaries with critical supplemental benefits like transportation, food delivery, and medication
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