What You Should Know:
- The average person with diabetes could spend between $3,300 and $4,600 a year on out-of-pocket costs, including prescription medications, provider visits, over-the-counter supplies, and lost wages, according to a recent GoodRx report.
- The report, The True Cost of Diabetes takes into account medications, visits with healthcare providers, and blood sugar level monitoring, as well as costs for emergency room visits, hospital stays, and chronic complications for those
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Veracyte Acquires C2i Genomics for $70M, Expanding into Minimal Residual Disease Detection
What You Should Know:
- Veracyte, Inc. (Nasdaq: VCYT), a cancer diagnostics company acquires C2i Genomics, Inc., a pioneer in minimal residual disease (MRD) detection.
- Under the terms of the agreement, Veracyte will pay $70 million in Veracyte shares at closing, and up to an additional $25 million based on the achievement of future performance milestones over the next two years, payable in Veracyte shares or cash at Veracyte’s election.
- This strategic move positions Veracyte to
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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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Amazon Unveils Health Condition Programs Making Chronic Condition Management Easier
What You Should Know:
- Amazon launches its new Health Condition Programs to simplify access to digital health benefits offered by insurance plans and employers.
- By partnering with companies like Omada Health, Amazon brings awareness and enrollment options directly to patients where they're already looking for health information. This collaboration targets conditions like diabetes prevention, diabetes management, and hypertension, impacting millions of Americans.
How Amazon’s Health
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MultiPlan Taps Healthcare Tech Veteran Travis Dalton as New CEO to Fuel Growth
What You Should Know:
- MultiPlan Corporation (NYSE: MPLN), a provider of data analytics and technology-enabled healthcare cost management solutions, announced today that Travis Dalton will become its new President and CEO on March 1, 2024.
- He succeeds Dale White, who will transition to the role of Executive Chair, while current Chair Mark Tabak will remain on the Board of Directors.
Dalton's Proven Track Record in Healthcare Technology
Bringing over 20 years of experience in
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Cox Health to Implement Epic Enterprise EHR, Replacing Cerner
What You Should Know:
- CoxHealth, a healthcare system in southwest Missouri announced it will implement Epic enterprise EHR across its health system, replacing its long-time Cerner EHR system.
- This strategic move signifies a commitment to delivering the highest standard of care while embracing cutting-edge technology to empower both patients and healthcare professionals.
Unifying Workflows, Streamlining Care
The move to Epic wasn't taken lightly. Following an extensive selection
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Lunit Acquires AI-Enabled Breast Cancer Detection Platform Volpara for $193M
What You Should Know:
- South Korean AI leader Lunit has announced its intention to acquire Volpara, a global pioneer in AI-powered cancer detection software, in a landmark deal worth AUD 292M (USD 193M).
- Beyond market presence, it's Volpara's deep knowledge and extensive data that truly sets it apart. With over 100 million high-quality mammogram images in its repository, Volpara offers a treasure trove of insights that will supercharge Lunit's AI capabilities and pave the way for
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WeightWatchers Launches First-Of-Its-Kind GLP-1 Program + WeightWatchers Clinic
What You Should Know:
- WeightWatchers launches two new offerings to further support individuals on their journeys to better health: the WeightWatchers GLP-1 Program and WeightWatchers Clinic integration within the WeightWatchers App.
- By focusing on personalization, scientific evidence, and comprehensive support, WW empowers individuals to take control of their weight health and achieve lasting results.
WeightWatchers GLP-1 Program
This program addresses the unique needs of
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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
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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