The gamble is over for hospitals that avoided complying with CMS price transparency mandates.
After a slow start since they were implemented more than 18 months ago, CMS has issued 350 warnings for noncompliance, 157 corrective action requests, and finally issued fines to two Georgia hospitals in June. It seems many more will be on the way.
The fines are significant. The first two hospitals faced fines of roughly $880,000 and $214,000. Noncompliant hospitals with 550 beds or
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HLTH22: 6 Digital Health Executives Share Key Takeaways
We reached out to six digital health executives for their key takeaways and reflection from attending the recent HLTH22 conference.
Sunny Kumar, MD, Partner at GSR Ventures, a $3B AUM venture firm investing in early-stage digital health companies.
The most fascinating element of HLTH 2022 were the concurrent contrasts. Set against a challenging macroeconomic environment with decreases in venture funding and near-daily headlines of large layoffs cutting across the tech ecosystem,
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HLTH22 Day 2 News Summary: Amazon Clinic Launch, General Catalyst, Verizon, Higi
Amazon Launches Amazon Clinic Across 32 States
Amazon launches Amazon Clinic, a virtual care option that will operate across 32 states that offers up-front pricing, and treatment within hours, instead of days—helping customers achieve better health. Welcome to easy-to-use, effective care for common health conditions.
For customers, the cost of consultations will vary by provider and includes ongoing follow-up messages with their clinician for up to two weeks after the initial
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HLTH22: Amazon Launches Amazon Clinic Across 32 States
What You Should Know:
Today, Amazon announced the launch of Amazon Clinic, a virtual health service that will operate across 32 states to support more than 20 common health conditions.
Amazon Clinic will serve as a convenient virtual care option that offers up-front pricing, and treatment within hours, instead of days—helping customers achieve better health. Welcome to easy-to-use, effective care for common health conditions.
How It Works
To get started, customers select their
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HLTH22: AWS Launches Imaging, Health Analytics Capabilities
What You Should Know:
- Amazon Web Services (AWS) launches two new capabilities in HealthLake that deliver innovations for medical imaging and analytics.
These new capabilities in Amazon HealthLake will enable next-generation imaging workflows in the cloud and derive insights from multi-modal health data, while complying with HIPAA, GDPR, and other regulations.
Amazon HealthLake Imaging
Amazon HealthLake Imaging is a new HIPAA-eligible capability that makes it easy to store,
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5 Factors to Consider When Developing a Health Data Platform
The conversation around whether a healthcare startup should build a data platform or buy one isn’t anything new. In fact, this has been a debate since cloud-based technologies rose to popularity—we’re just now seeing more startups enter the space and opt to build their platforms internally.
Startups choose to build their data platforms for several compelling reasons. For example, it could give them greater control over their data security and architecture or they feel they know their data
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18 HLTH 2022 Predictions from Digital Health Executives to Watch
Before HLTH 2022 kicks off next week in Las Vegas, we asked 18 digital health executives for their predictions and major themes to expect at HLTH.
1. Keith Reynolds, Chief Operating Officer at Welldoc
Access to care is a central focus for healthcare given several factors: a growing population being impacted with chronic conditions, increased resourcing constraints, and growing fatigue and workload among providers. A recent study indicated that it would require a PCP 26.7 hours/ day
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Forrester Unveils 5 Healthcare Predictions for 2023
What You Should Know:
- A new dawn is on the horizon in healthcare. Equipped with new digital capabilities and pressured by new consumer expectations for personalized, convenient experiences, healthcare organizations face a predicament — act now and stay afloat, fail to act and get consumed by the competition, or risk financial ruin.
- Market research leader Forrester’s latest report explores 5 key predictors for healthcare in 2023.
Healthcare in the Era Post-Covid
COVID-19
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KLAS-Bain: Post-Pandemic Investment Priorities for Healthcare Providers
What You Should Know:
- Competition in the provider IT space shows no signs of abating: Early-stage capital, big tech, and scale EMR players continue crowding into more segments. This has significant implications for providers as they transition into a new disruptive period, for software players as they fine-tune go-to-market models for the current environment, and for private equity investors as they look to invest behind winning themes.
- A new report by KLAS Research and Bain &
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3 Steps to Powering Data Innovation with Analytics & AI
A hot topic we see and hear a lot in healthcare is leveraging big data. Little known fact, we don’t yet have big data in healthcare, so the industry hasn’t had the opportunity to use big data. Healthcare has been in the “little data” game because much of the healthcare experience has yet to be digitized. In addition, interoperability issues leave much data siloed on disparate databases across the healthcare ecosystem.
This is all changing, and this change is accelerating. We’re quickly
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