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
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
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
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
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
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
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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71% of Consumers Believe Generative AI Can Revolutionize Healthcare
What You Should Know:
A recent survey conducted by Deloitte's Center for Health Solutions (Center) revealed a growing acceptance and optimism among consumers regarding the potential of Generative AI to revolutionize healthcare. Over half of the respondents (53%) believe that generative AI could improve access to healthcare, while 46% expressed confidence in its ability to make healthcare more affordable.
Generative AI: A Reliable Source of Information
The survey further
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M&A: Novant Health Acquires 3 Tenet Hospitals in South Carolina for $2.4B
What You Should Know:
- In a significant move to expand its presence in South Carolina, Novant Health has announced the acquisition of three Tenet Healthcare hospitals and affiliated operations for approximately $2.4B. The deal, which is expected to close early next year, will bring Hilton Head Hospital, Coastal Carolina Hospital, and East Cooper Medical Center under the Novant Health umbrella.
-This strategic acquisition aligns with Novant Health's long-term vision to enhance healthcare
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NCQA Launches Virtual Care Accreditation Pilot
What You Should Know:
- The National Committee for Quality Assurance (NCQA) has initiated the Virtual Care Accreditation Pilot program, a significant step in developing a quality improvement framework for organizations offering care through telehealth or digital platforms.
- NCQA has selected 18 pilot organizations from a pool of over 100 applicants. These organizations are based in 12 states and Puerto Rico and represent various entities, including health plans, health systems, Federally
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