Bonus Features – September 24, 2023 – 72 percent of patients say affordability is the biggest challenge for paying medical bills

This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job. News and Studies The American Telemedicine Association released three tools aimed at addressing disparity and inequity in care: Digital Infrastructure Disparities Score and Map, Economic and Social Value-Added Calculator, and a toolkit including all previously released resources. Collaborations between AI vendors and biotech/pharma companies over the last five years are worth more than $45 billion, according to a recent report from Accenture. Over the same time period, investment in AI-powered drug discovery start-ups grew by $840 million. Medicare Advantage costs are 12% lower than similar beneficiaries covered under fee-for-service Medicare, according to research from Inovalon and Harvard Medical School. Additionally, those who enroll in FFS Medicare see a 35% increase in utilization in their first two years on Medicare compared to the two prior years, while utilization is stable over a similar timeframe for MA enrollees. While 57% of doctors think patients miss appointments due to insurance issues, and 34% think it’s lack of access to appointments, a Tebra survey found th...
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