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6 Digital Health Executives Share Key Takeaways from HLTH23

by Fred Pennic 10/19/2023 Leave a Comment

HLTH23: 6 Digital Health Executives Share Key Takeaways

We reached out to six digital health executives for their key takeaways and reflections from attending the recent HLTH23 conference. Patches Seely MBA, BSN, RN, Executive Vice President of Clinical Solutions, Carenet Health "The energy of everyone I connected with was very encouraging. These are difficult times in healthcare, but I often heard people saying, "I'm not sure how exactly we will partner, but let's figure it out." The collaborative atmosphere spurred productive conversations
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HIMSS Appoints New Chief Financial Officer & General Counsel

by Fred Pennic 10/18/2023 Leave a Comment

HIMSS Appoints New Chief Financial Officer & General Counsel

What You Should Know:  - HIMSS announced it has appointed Elizabeth Slater Jasper as general counsel, and Anne Tuzik as its new chief financial officer.   - Jasper comes to HIMSS after serving for 14 years as the chief legal officer, general counsel and corporate secretary for the National Service Office for Nurse-Family Partnership and Child First, an organization that oversees the national replication of maternal, infant and mental health evidence-based
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Ozempic: From Diabetes Management to Potential Weight Loss Miracle

by George Kramb, CEO and co-founder of PatientPartner 10/16/2023 Leave a Comment

Ozempic: From Diabetes Management to Potential Weight Loss Miracle

You've probably heard about Ozempic, especially if you're one of the millions who regularly scroll through TikTok or browse other social media platforms. It's the drug that influencers are lauding as a revolutionary aid for weight loss, making it a hot topic of conversation.  While Ozempic was initially developed to manage Type 2 diabetes, its emerging potential for weight loss is captivating medical professionals and the public alike. How Ozempic Works: The Basics Ozempic is a
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Health M&A: Financial Distress Driving Q3 Healthcare Deals

by Fred Pennic 10/12/2023 Leave a Comment

Health M&A: Financial Distress Driving Q3 Healthcare Deals

What You Should Know:  - More than one-third of hospital and health system transactions announced in Q3 2023 involved a  party that cited financial distress as a transaction driver, according to Kaufman Hall’s latest mergers and acquisitions (M&A) report. The reports reveal third quarter M&A activity remained high with 18 announced transactions resulting in $8.2B in total transacted revenue. - Kaufman Hall experts say transaction activity is regaining momentum as hospitals,
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UnitedHealthcare Launches No Deductible Health Plan, Surest

by Fred Pennic 10/06/2023 Leave a Comment

UnitedHealthcare Launches No Deductible Health Plan, Surest

What Should Know:  - UnitedHealthcare has announced the Surest™ health plan leads to more preventive care, improves satisfaction and lowers costs for members and employers.   - UnitedHealthcare’s Surest, which eliminates deductibles and offers upfront pricing information to people in advance of treatment, helps members more frequently access preventive care services and lower out-of-pocket costs, according to recent data.  - Hundreds of employers with a combined
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M&A: Virgin Pulse and HealthComp Merge in $3B Deal

by Fred Pennic 09/27/2023 Leave a Comment

M&A: Virgin Pulse and HealthComp Merge in $3B Deal

What You Should Know:  – Virgin Pulse, a global digital-first health, wellbeing, and navigation company announced its intent to merge with HealthComp, a next-generation benefits and analytics platform valued at $3B.  The blockbuster merger will create a technology and data-powered health platform-as-a-service organization poised to tackle some of the industry’s biggest challenges. Together, the combined entity will aim to improve health outcomes and lower costs for members and
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Metriport Launches Open-Source API to Instantly Pull Medical Records from Any EHR

by Syed Hamza Sohail 09/21/2023 Leave a Comment

Metriport Launches Open-Source API to Instantly Pull Medical Records from Any EHR

What You Should Know: Metriport, the company on a mission to provide instant and efficient access to comprehensive patient medical data, is launching its Medical API—the world’s only open-source, single API platform—to retrieve patient clinical histories from all major electronic health records (EHR) systems.With an innovative engineering approach, Metriport delivers a wealth of enterprise-grade patient information to organizations ranging from very large healthcare providers to the new,
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Consumers Cite Healthcare Affordability as Biggest Concern to Paying Medical Bills

by Syed Hamza Sohail 09/19/2023 Leave a Comment

Nearly Half Of Consumers Report Their Healing has Been Directly Impacted by Difficulty Paying Medical Bills

What You Should Know: Rising healthcare expenses, lack of certainty over costs and financial support and poor coordination between providers and payers have caused consumers to feel more stressed than ever before about their healthcare bills. According to the 2024 Healthcare Financial Experience Study, 72% of consumers cite affordability as the biggest challenge to paying larger healthcare bills—not that they don’t want to. Struggling to afford healthcare bills isn’t just a headache, it can
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Roundups: 16 Recent Strategic Digital Health Partnerships

by Strategic Digital Health Partnerships 09/15/2023 Leave a Comment

Mayo Clinic, GE HealthCare, Partner on Medical Imaging and Theranostics Innovation

Walgreens and Pearl Health, a provider enablement company has announced a strategic partnership to accelerate the expansion of value-based care in collaboration with community-based primary care physicians. As part of the strategic partnership, Walgreens will provide complementary services, including prescription fulfillment, medication adherence, immunizations, care gap closure and diagnostic testing. In addition, Walgreens will also work with providers to help patients discharged from the
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Q/A: DocStation CEO Shares How AI Will Help Pharmacies Use the DIR Fee Changes to Their Advantage

by Fred Pennic 09/14/2023 Leave a Comment

Q/A: DocStation CEO Shares How AI Will Help Pharmacies Use the DIR Fee Changes to Their Advantage

Early next year, the Centers for Medicare and Medicaid Services (CMS) will remove the application of retroactive DIR fees and move DIR fees to the point of sale instead. The major issues with the DIR fees, which are paid by pharmacies to pharmacy benefit managers, are the fact that they drive up the costs of prescriptions for patients and delay reimbursement of care to the pharmacies.  Now, a brand new issue will arise in early 2024 - namely, pharmacies will be facing a DIR “cliff” where
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