- Hospitals and health systems nationwide saw a sizable increase in delayed or missing payments in the first quarter, due in part to a recent, large-scale disruption to payment processing services, according to a new report from Strata Decision Technology.
- The report, leveraging data from Strata's extensive healthcare databases, unveils trends impacting hospitals, insurers, and patients alike.
Delayed Payments Disrupt Revenue Streams
A significant finding concerns a surge
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HHS Announces Funding Opportunity to Improve AI-Powered Healthcare & Behavioral Health IT
What You Should Know:
- The U.S. Department of Health and Human Services (HHS), through the Office of the National Coordinator for Health Information Technology (ONC), is seeking innovative solutions to advance healthcare through artificial intelligence (AI) and improve health IT adoption in behavioral health settings.
- This initiative is driven by the Leading Edge Acceleration Projects (LEAP) in Health Information Technology (Health IT) funding opportunity for fiscal year
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2024 MedTech Breakthrough Award Winners Announced
What You Should Know:
- MedTech Breakthrough, a market intelligence organization focused on healthcare technology, today revealed the winners of its prestigious 8th annual awards program.
- These awards recognize the most innovative and impactful companies, technologies, and products shaping the future of digital health and medical technology globally.
A Celebration of Excellence in MedTech
The MedTech Breakthrough Awards program acknowledges the dedication and innovation
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POGO Automatic Blood Glucose Monitor Now Covered by Medicare Part B
What You Should Know:
- Intuity Medical, Inc., a medical technology company committed to making it easier to live with diabetes, announced today that its POGO Automatic® Blood Glucose Monitoring (ABGM) system, featuring one-step testing, is now covered by Medicare Part B. This decision expands access to the innovative monitor for the 16.5 million seniors age 65 and up living with
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Walmart Shutters All 51 Health Centers, Telehealth Offering Citing “Escalating Operating Costs”
What You Should Know:
- Walmart announced today the difficult decision to close all 51 Walmart Health centers and discontinue its virtual care offering. This comes after five years of operation for the health centers.
- The company cited a "challenging reimbursement environment and escalating operating costs" as reasons for the closure. This highlights the difficulty of establishing a profitable healthcare business model, especially in the current environment.
Priority Shift on
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Kaiser Permanente to Deploy Innovaccer’s Healthcare AI Platform
What You Should Know:
- Innovaccer, a leading healthcare technology company, today announced its collaboration with Kaiser Permanente, America’s leading healthcare provider and nonprofit health plan.
- Kaiser Permanente will implement Innovaccer’s Healthcare AI Platform to support value-based care initiatives.
Empowering
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Walgreens Launches Specialty Pharmacy for Complex Conditions
What You Should Know:
- Walgreens, a leading pharmacy chain, is making a significant push into the specialty pharmacy market with the launch of "Walgreens Specialty Pharmacy."
- The new $25B initiative expands access to care for patients with complex, chronic conditions while driving profitability for the company.
Walgreens Specialty Pharmacy: A Holistic Approach
Walgreens Specialty Pharmacy aims to break down barriers within the healthcare system. By leveraging
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UnitedHealth Group Shutters Optum Virtual Care Business
What You Should Know:
- UnitedHealth Group, the parent company of the Optum health services division, announced the closure of its Optum Virtual Care business, Endpoints News first reports. Optum Virtual Care offered 24/7 access to virtual consultations with board-certified physicians and nurse practitioners across all 50 states.
- On April 18th, Optum Virtual Care employees were informed of the shutdown, with some reportedly having last days in July according to a Seeking
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FDB’s Targeted Medication Warnings Earn Epic’s Toolbox Designation
What You Should Know:
- FDB (First Databank), a leading provider of drug knowledge solutions for healthcare professionals, announced today that its FDB Targeted Medication Warnings™ has received the new Toolbox designation from Epic Systems Corporation.
- The recognition places FDB's solution within the Medication Dosing Decision Support Toolbox category of Epic's new Showroom, a platform allowing healthcare providers to access applications from third-party
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Blue Shield of California Expands Wellvolution Platform to Address Musculoskeletal Needs
What You Should Know:
- Blue Shield of California is expanding its popular digital health platform, Wellvolution, to offer comprehensive support for members experiencing musculoskeletal (MSK) issues.
- The expansion adds three new programs – SworkIt, Kaia, and Sword Health – to the existing suite of lifestyle medicine programs available on Wellvolution.
Wellvolution: A One-Stop Shop for Health Management
Developed in collaboration with Solera Health, Wellvolution empowers
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