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HHS Finalizes Rule for AI Transparency and Data Interoperability

by Fred Pennic 12/13/2023 Leave a Comment

HHS Finalizes Rule for AI Transparency and Data Interoperability

What You Should Know: - The U.S. Department of Health and Human Services (HHS) took a major step forward in healthcare data sharing and artificial intelligence (AI) transparency with the finalization of the Health Data, Technology, and Interoperability: Certification Program Updates, Algorithm Transparency, and Information Sharing (HTI-1) rule. - This rule was finalized after months of public feedback, promises to revolutionize how healthcare data is used and accessed in the United
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Redefining Chronic Kidney Disease Management with Remote Patient Monitoring

by Lucienne Marie Ide, M.D., PH.D., Founder & CEO of Rimidi 12/13/2023 Leave a Comment

Chronic kidney disease may be one of the biggest killers of American adults, but individuals affected may not even know it. Today, more than 37 million people – 15% of the population – have chronic kidney disease, which is the ninth leading cause of death. But, according to the Centers for Disease Control and Prevention, as many as 90% of these individuals are unaware they have this disease.  One of the challenges is that chronic kidney disease often occurs alongside or as a result of
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R1 RCM Acquires Acclara for $675M, Secures 10-Year RCM Partnership with Providence Health System

by Fred Pennic 12/08/2023 Leave a Comment

R1 RCM Acquires Acclara for $675M, Secures 10-Year RCM Partnership with Providence Health System

What You Should Know: - R1 RCM Inc. (NASDAQ: RCM), a provider of technology-driven solutions for healthcare providers, announced a significant strategic partnership involving the acquisition of Acclara and a 10-year revenue cycle management agreement with Providence, one of the nation's largest health systems. - The acquisition of Acclara for $675M in cash and warrants will bolster R1's offerings and position it as the "trusted partner of choice" in comprehensive revenue cycle management.
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Rethinking Big Data in 2024: How Healthcare Can Leverage Workforce Intelligence to Improve Care

by Charlie Lougheed, CEO of Axuall 12/06/2023 Leave a Comment

Rethinking Big Data in 2024: How Healthcare Can Leverage Workforce Intelligence to Improve Care

The future of healthcare innovation over the next decade will be shaped by insights from clinician big data and AI, otherwise known as workforce intelligence. While clinical discovery is often the first thing that comes to mind, workforce data and the intelligence derived from it represent a lesser-known but equally important place in the future of medicine.  How we shape healthcare’s workforce, peer networks, and processes comes down to how we use data to surface meaningful information.
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CVS Rebrands Health Services Segment, Launches Model for Retail Pharmacy Reimbursement

by Fred Pennic 12/05/2023 Leave a Comment

CVS Rebrands Health Services Segment, Launches Model for Retail Pharmacy Reimbursement

What You Should Know: - CVS Health today hosted its 2023 Investor Day, where the company outlined its strategy for driving reliable, diversified, and accelerating earnings growth while delivering superior care and value to millions of Americans. - The company emphasized its commitment to leveraging its unique combination of assets to enhance its pharmacy and health care benefits businesses, expand its integrated care delivery offerings, and achieve sustainable financial
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Qualtrics and Epic Partner for Integrated Data-Driven Experience

by Fred Pennic 12/05/2023 Leave a Comment

Qualtrics and Epic Partner for Integrated Data-Driven Experience

What You Should Know: - Qualtrics, the pioneer of experience management, and Epic, the leader in comprehensive health record (CHR) technology, have joined forces to revolutionize patient experience. - The EHR integration will seamlessly weave patients' experience data from Qualtrics into their health information in Epic, empowering providers to deliver a more personalized and empathetic healthcare journey. Uniting Patient Experience Data with Health Information This EHR integration
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Clover Health Exits CMS ACO REACH Program to Focus on Medicare Advantage

by Fred Pennic 12/01/2023 Leave a Comment

Clover Health Exits CMS ACO REACH Program to Focus on Medicare Advantage

What You Should Know: - Clover Health, a physician enablement company committed to bringing access to great healthcare to everyone on Medicare announced that it has delivered notice to the Centers for Medicare and Medicaid Services (“CMS”) that it will exit the CMS ACO REACH Program at the end of the 2023 performance year. - Written notification will also be sent to all participating physicians in accordance with CMS requirements. - The decision will have no impact on its ACO REACH
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Cigna and Humana Merger Talks Could Face Antitrust Scrutiny

by Fred Pennic 11/29/2023 Leave a Comment

Cigna to Acquire Express Scripts for $67B: 5 Things to Know

What You Should Know: - Cigna and Humana are in talks to merge in a deal that would create a US health insurance giant worth $140B and provide a significant test for antitrust authorities. - A combination between Cigna and Humana would help the companies compete with larger rivals such as UnitedHealth Group and Elevance Health, formerly known as Anthem. The two companies have hired advisers who have been discussing a cash and stock deal for more than a month. They hope to get the
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RSNA23: Cleveland Clinic and Canon to Establish Comprehensive Imaging Research Center

by Jasmine Pennic 11/27/2023 Leave a Comment

RNSA23: Cleveland Clinic and Canon Partner to Pioneer Next-Gen Imaging Technologies

What You Should Know: - Cleveland Clinic and Canon Inc. have announced a strategic research partnership to develop innovative imaging and healthcare IT technologies aimed at improving diagnosis, care, and outcomes for patients. - The two organizations expect to establish a comprehensive imaging research center, potentially including shared workspace in an existing building in Cleveland's Fairfax neighborhood, adjacent to Cleveland Clinic's main campus. Establishment of a Comprehensive
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Automating Implant Orders: A Turning Point in Healthcare’s Digital Transformation

by Chris Luoma, Senior Vice President and Chief Strategy Officer, GHX 11/27/2023 Leave a Comment

Automating Implant Orders: A Turning Point in Healthcare’s Digital Transformation

Advancements in medical technology have increased the demand for surgical implants. These implants, such as artificial joints and heart valves, pacemakers, ventricular shunts and cochlear implants, have revolutionized how doctors treat patients, helping them live better, more fulfilling lives.   The implantable device market is projected to reach $166.3 billion by 2032. Although this growth is exciting, it also highlights the need for healthcare to transform
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