Look to these best practices to enhance your organization’s vendor risk management program Vendor partnerships are critically important in today’s business world, especially as the pandemic accelerated many organizations’ digital transformation and the shift to remote operations, cloud adoption, and virtual services, such as those through telehealth, medical apps, and other healthcare technology and communication platforms continues to expand. This increased reliance on third parties also
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Biden-Harris Admin Awards $1.5B to Address Overdose Epidemic
What You Should Know: - The U.S Department of Health and Human Services (HHS), through the Substance Abuse and Mental Health Services Administration (SAMHSA), awarded nearly $1.5 billion to support states, tribal lands, and territories’ efforts to address the opioid crisis and support individuals in recovery. - The grants are part of SAMHSA’s State Opioid Response and Tribal Opioid Response grant programs. The grant programs provide funding to states and territories to increase access to
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Eko Lands $2.7M NIH Grant to Train Pulmonary Hypertension AI
What You Should Know: - Eko, a digital health company applying machine learning in the fight against heart and lung disease, today announced that it was awarded a $2.7M Small Business Innovation Research (SBIR) Direct Phase II grant by the National Institutes of Health’s (NIH) Department of Health and Human Services (HHS). - The grant will fund the development of a machine learning algorithm that detects and stratifies pulmonary hypertension (PH) using phonocardiogram (PCG) and
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7 Health IT Industry Outlook Report Trends to Watch in 2022
What You Should Know: - As COVID-19 accelerated demand for more advanced digital health and patient engagement technologies, hospital and health system IT departments shouldered these expectations – rolling out new capabilities in record time, while still balancing daily operational support responsibilities. Now, IT staff burnout has escalated into major career jumps, with many hospital IT departments struggling to fill talent gaps from high turnover. - Utilizing flexible staffing
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Enacting Care Coordination Policy to Curb the Drug Epidemic
The U.S. has reached a grim milestone with an estimated 107,622 drug overdose deaths in the United States during 2021. With a post-pandemic spotlight on mental health and substance use disorder challenges, Congress and the Biden administration are working on multiple plans to address these issues. Earlier this year, the Biden Administration sent its first national drug control strategy to Congress, which focused on two pillars, one of which centered on addressing untreated addiction.
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Bicycle Health & Evernorth Partner to Expand Access to Virtual Opioid Use Disorder Treatment
What You Should Know: - Bicycle Health, today announced that its high-quality, evidence-based virtual opioid use disorder (OUD) treatment is now part of Evernorth’s behavioral health network - Furthermore, it will be made available to all Evernorth clients, as well as Cigna health plan customers who receive health coverage through their employer or marketplace exchange plans in 24 states. Evernorth is the health services business of Cigna Corporation. Increasing Access to Care Using
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HIMSS Delivers 9 Recommendations for Strengthening Primary Healthcare
What You Should Know: This week, The Healthcare Information and Management Systems Society (HIMSS) responded to a Request for Information (RFI) from the Office of the Assistant Secretary of Health on the HHS Initiative to Strengthen Primary Healthcare. The letter submitted on 8/1 calls for improved healthcare access, equity and outcomes to the US Department of Health and Human Services (HHS) Office of the Assistant Secretary for Health (OASH). - The OASH requested input from
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Analysis: 2022 Semi-Annual Health IT Market Review
Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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RxLive Raises $5M for Population Health Telepharmacy Solutions
What You Should Know: - RxLive, a provider of population health pharmacy solutions, today announced a $5 million Series A funding round led by SpringTide with participation by Cardinal Health. RxLive has raised a total of $8 million to date. - As value-based pharmacy care models expand beyond the retail pharmacy setting RxLive will use the funding to expand its engineering, analytics, and sales and marketing teams, with particular investment in the continuous improvement of its AI and the
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The Twin Toll of Peripheral Artery Disease and Diabetes on Minority Communities
Diabetes is one of the most common chronic diseases in the United States, with more than 34 million individuals living with the condition. It’s hard enough to manage this condition on a daily basis — and it gets even harder with the realization that diabetes doesn’t just exist in isolation. A diabetes diagnosis immediately triggers a domino effect of higher risks for other conditions and complications, including kidney damage, eye damage, neuropathy, and cardiovascular
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