A common thread throughout my conversations at ViVE was the increased competition for health consumers. Larger health systems are continuing to be fragmented by smaller specialties, like Northwell Health, which reported their outpatient care volumes are continuing to rise. Free-standing surgery centers, ER, urgent care, primary care, imaging centers and so on, are monitoring large healthcare systems looking for ways to extract the most profitable arms and business from them. As this continues to
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17 Execs Share How Health IT Can Address Clinician Burnout, Staffing, & Capacity
Clinician shortage has reached a new level of urgency as we face rising demand and healthcare costs, according to a recent Accenture report. Healthcare workers are increasingly burned out and leaving the industry altogether in droves. Those who remain to do the work are overburdened. We ask seventeen healthcare IT executives for their insights on how health IT solutions could potentially help address clinician burnout, clinician staffing shortages, and deal with capacity. Staffing levels
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Q/A: Dr. Johnson Talks Racial Disparities in Breast Cancer Care
What You Should Know: - A recent study published in JAMA found that conventional genomic tests commonly used for breast cancer tumors can be less accurate for Black women. This news comes at a time when Black women with breast cancer are experiencing mortality rates that are 41% higher than white women. - Dr. Nathalie Johnson, MD FACS and President of The American Society of Breast Cancer Surgeons is among numerous doctors who advocate for Agendia and its tests which look beyond race,
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Northwell to Deploy Epic Enterprise EHR Platform Across System
What You Should Know: - Northwell Health today announced an agreement with Epic to implement the health system’s next-generation EHR as part of its ongoing digital transformation to ensure a more seamless patient experience and team member experience. - The announcement marks the replacement of Allscripts and will result in one patient record across every Northwell venue of care and drive enhanced care coordination across 21 hospitals and about 900 outpatient facilities. -
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Sanofi Cuts Price of Lantus Insulin by 78% & Caps Out of Pocket Costs at $35 for All Patients
What You Should Know: - Sanofi cuts U.S. list price of Lantus®, its most-prescribed insulin, by 78% and caps out-of-pocket Lantus costs at $35 for all patients with commercial insurance. The price cut goes into effect January 1, 2024. - The price cut milestone comes in addition to decisions taken in June 2022 to lower diabetes medicines costs: the launch of an unbranded Lantus biologic at -60% versus Lantus list price, and a cap on out-of-pocket costs on insulin to $35 for all people
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5 Key Trends Driving Purchasing Decisions in Healthcare IT
As the healthcare industry continues to evolve and transform with providers facing increasing financial burdens and dynamic patient expectations, Signify Research has had the opportunity to speak to 100s of C-suite health IT executives and departmental decision-makers. Our conversations with these healthcare leaders have provided greater insight into their organizations’ technology and business strategies. It has also illuminated their views on the industry’s most pressing issues. Here are
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Pfizer Acquires Seagen for $43B to Tackle Cancer
What You Should Know: - Pfizer announced it will acquire biotechnology company Seagen for $229 per Seagen share in cash, for a total enterprise value of approximately $43 billion. The proposed combination enhances Pfizer’s position as a leading company in Oncology. Seagen’s medicines, late-stage development programs and pioneering expertise in Antibody-Drug Conjugates (ADCs) strongly complement Pfizer’s Oncology portfolio. Seagen Background Seagen is a pioneer in ADC technology, with
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Sanofi to Acquire Diabetes Therapy Maker Provention Bio for $2.9B
What You Should Know: - Sanofi has agreed to acquire Provention Bio, Inc., a U.S.-based, publicly traded biopharmaceutical company focused on intercepting and preventing immune-mediated diseases including type 1 diabetes (T1D), for $25.00 per share in cash, representing an equity value of approximately $2.9B. - The acquisition is a strategic fit for Sanofi at the intersection of the company’s growth in immune-mediated diseases and disease-modifying therapies in areas of high unmet
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Q/A: Dr. Masturzo Talks Addressing Food Insecurity with Patients
Today, food insecurity affects more than 41 million Americans and is prevalent among children and the elderly population. Food insecurity is defined as the limited availability of nutritionally adequate and safe food or the inability to acquire these foods in socially acceptable ways. As a result, food insecurity can exacerbate medical conditions driving up hospital/health systems patient care costs. To learn more about how healthcare providers can address food insecurity, we sat down with Dr.
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Transcarent Acquires 98point6 AI-Powered Virtual Care Platform and Care Business
What You Should Know: - Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced it will acquire AI-powered virtual care platform and care business of on-demand primary care company, 98point6. Financial details of the acquisition were not disclosed; however, insiders expect the deal to be valued at $100M. - As part of the acquisition, hundreds of 98point6 enterprise customers including Boeing, Kindercare and
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