What You Should Know:
- Better Therapeutics (BTTX), a developer of prescription digital therapeutics (PDT), announced today it is shuttering operations and terminating its employees as they explore strategic alternatives.
- The announcement follows a special meeting of the board of directors on March 13, 2024.
Strategic Crossroads
The company will explore strategic options, including:
Assignment for the Benefit of Creditors (ABC): In an ABC, an independent trustee takes
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Nursing Report Reveals Generational Divide on Nursing’s Future, Amidst Staffing Shortages
What You Should Know:
- Incredible Health, the leading healthcare career marketplace, released its 5th Annual State of US Nursing Report today. The report, based on data from one million nurses and a survey of over 3,300, offers a comprehensive look at the state of nursing in the United States.
- The report underscores the need for solutions to address staffing shortages, improve compensation, and enhance nurse safety and well-being. Collaboration between healthcare systems,
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Feds Launches Investigation of Change Healthcare Cybersecurity Attack
What You Should Know:
- The Department of Health and Human Services' Office for Civil Rights (OCR) has announced an investigation into the recent cyberattack on Change Healthcare, a subsidiary of UnitedHealth Group (UHG).
- The cybersecurity attack has significantly disrupted healthcare billing and information systems nationwide, potentially impacting patient care.
Investigation Focuses on HIPAA Compliance
The OCR enforces the Health Insurance Portability and Accountability Act
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Lilly Partners with Amazon Pharmacy to Deliver GLP-1 Medications Directly to Patients
What You Should Know:
- Eli Lilly and Company (Lilly) and Amazon Pharmacy today announced a strategic collaboration to improve patient access to GLP-1 medications for diabetes, obesity, and migraines.
- The partnership aims to improve access to these treatments and empower patients with the support they need to manage their chronic conditions.
Addressing a Growing Need
Millions of Americans struggle with diabetes, obesity, and related conditions. Nearly one in three adults
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Availity Processes More Than $5B in Claims Stuck with Change Healthcare
What You Should Know:
- The Change Healthcare cybersecurity breach continues to disrupt the healthcare industry three weeks after the initial incident. Hospitals, physicians, pharmacists, and health plans are struggling to maintain operations amidst logistical and financial challenges. Patients nationwide face uncertainty regarding their ability to receive necessary care.
- Availity, the nation's largest real-time health information network, has emerged as a key resource in helping these
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HIMSS24: Google Cloud Unveils New Generative AI Solutions for Healthcare and Life Sciences
What You Should Know:
- At HIMSS24, Google Cloud announced a suite of new generative AI solutions designed to address key challenges faced by healthcare and life sciences organizations.
- These solutions focus on improving interoperability, building a strong data foundation, and deploying generative AI (gen AI) tools to enhance patient outcomes.
Unlocking Gen AI to Improve Healthcare Efficiency
The healthcare industry is grappling with rising administrative costs, clinician burnout,
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HIMSS24: GE HealthCare, Mass General Brigham Integrate AI Medical Imaging Foundation Models
What You Should Know:
- GE HealthCare and Mass General Brigham, longstanding partners in artificial intelligence (AI) research, have announced a new initiative focused on integrating medical imaging foundation models into their work. This collaboration prioritizes responsible AI practices while aiming to revolutionize healthcare through more efficient workflows and improved diagnoses.
- The new initiative builds upon a 10-year partnership established in 2017. Both organizations share a
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ECRI Unveils the Top 10 Patient Safety Concerns 2024
What You Should Know:
- The ECRI Institute, a leader in patient safety research, has released its annual report highlighting the top ten patient safety concerns for 2024.
- This year's Patient Safety Concerns report sheds light on a critical issue: the challenges faced by newly trained clinicians transitioning from academic settings to professional practice.
The COVID-19 Impact:
The COVID-19 pandemic significantly disrupted traditional clinical training, limiting opportunities for
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Nearly 70% of Medicare Patients Open to Telehealth Annual Wellness Visits
What You Should Know:
- Nearly 70% of Medicare patients would be comfortable doing annual wellness visits (AWVs) via telehealth from home, according to the results of a consumer survey by KeyCare, an Epic-based virtual care company.
- These findings suggest a significant shift in preference among Medicare beneficiaries towards utilizing telehealth for routine healthcare needs. The convenience, safety, and cost-saving aspects of telehealth appear to be particularly appealing for
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Bot Docs? 69% of Patients Uncomfortable with AI Diagnosing Them
What You Should Know:
- While healthcare has embraced wearables and virtual visits, a new survey reveals that 69% of U.S. adults are uncomfortable with healthcare companies using AI to diagnose them.
- Salesforce's Pulse of the Patient Snapshot surveyed over 1,400 U.S. adults revealed patients do not want to see doctors replaced with AI.
Why Doctors Need AI, Not Vice Versa
Imagine a doctor bogged down by paperwork. A 2023 Athenahealth survey found over 90% of U.S. physicians
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