Staffing shortages, inflation and operational margin—it’s what keep financial leaders in today’s physician practices up at night. And while there is a perfect storm of challenges brewing that has the potential to wreak havoc on bottom-line performance, the reality is that provider organizations don’t have to settle for a posture of defense.
It is all too often the case that when unexpected challenges arise, today’s healthcare organizations find themselves reacting to circumstances. For
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medical group
PE Firms Rebrand Prison Healthcare Companies, But Care Issues Continue
What You Should Know:
- A new report, “Private Equity Firms Rebrand Prison Healthcare Companies, But Care Issues Continue,” by the Private Equity Stakeholder Project (PESP) focuses on healthcare company Wellpath and the regulatory risks that the company continues to take in local jails and prisons.
- Wellpath is owned by private equity firm H.I.G. Capital and is among the largest healthcare companies serving U.S. prisons and jails. Wellpath has had a litany of staffing and access to
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UpStream Raises $140M to Expand Value-Based Care Model Nationwide
What You Should Know:
- Value-based care provider UpStream raises $140M in Series B funding co-led by Coatue and Dragoneer with additional participation from other top healthcare and technology investors, including Avidity Partners, Define Ventures and Mubadala. This round brings its total funding to nearly $185M to date.
- UpStream supports physicians operating under full-risk, value-based arrangements who are providing care to seniors on Medicare with an integrated platform that
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HealthTap Launches Eval360 for Health Plans to Expand PCP Care for Members
What You Should Know:
- HealthTap, the leading virtual primary care provider, announced today the official launch of Eval360, an innovative product for health plans that enables HealthTap’s primary care doctors to conduct comprehensive virtual medical evaluations and easily share useful health data back with those partner plans, by providing a 360-degree view of a member’s health status.
- HealthTap completed a successful beta period for Eval360 for over 15,000 seniors through its
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The Desire for Cost Savings Driving Key Trends in Healthcare Market
The healthcare market underwent significant changes during the pandemic as patients rethought how they received care, including opting for more telehealth and deferred elective procedures, but patient care is now normalizing as patients return to the office. However, payers are working to reduce the cost of care to reel in healthcare costs and keep premiums lower to remain competitive, driving key changes.
Ambulatory Surgery and Home Care
Surgeries are increasingly moving away from
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RWJUH Opens Center for Innovation for Medical Research
What You Should Know:
- Robert Wood Johnson University Hospital (RWJUH), an RWJBarnabas Health facility, and Rutgers Robert Wood Johnson Medical School (RWJMS) launched a new model for medical research and innovation today at the grand opening of its Center for Innovation, located on the main campus of the hospital.
- The Center for Innovation is a partnership between RWJUH and Rutgers RWJMS to bring together clinicians, researchers and private industry to invent and develop new
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Edifecs Launches Solution to Automate Prior Authorization at the Point of Care
What You Should Know:
- The full automation of prior authorization at the point of care leads to improved member experiences, enhanced outcomes, ongoing compliance, and reduced administrative burden. Edifecs’ automated prior authorization solution integrates with electronic health records (EHR) and leverages artificial intelligence (AI), natural language processing (NLP), and industry standards such as FHIR to instantly deliver authorization.
- This innovation comes on the heels of
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M&A: Kyruus Acquires Epion Health
What You Should Know:
- Kyruus acquires Epion Health, a provider of digital patient engagement solutions. The two companies will join forces to offer healthcare organizations and providers a one-stop shop for patient access and engagement solutions.
- The acquisition demonstrates Kyruus’ commitment to the medical group market and will now provide groups and health systems with complete patient access, care coordination, online scheduling, payment collection, and digital
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The Fast Pace of Cancer Research is Leaving Community Clinicians Behind
We are witnessing an accelerated pace of amazing breakthroughs and advancements in cancer care today, with new treatments emerging almost weekly and unprecedented opportunities to help improve patient outcomes every day. However, if a doctor is not working in an academic setting, reading every new paper, and recruiting patients for new studies, how can they be expected to keep up with the latest treatments and approaches to specific cancers? When
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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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