Contract negotiations: When physicians ask for too much [PODCAST]
Subscribe to The Podcast by KevinMD. Watch on YouTube. Catch up on old episodes! Join Dennis Hursh, a health care attorney. Dennis sheds light on the often misunderstood world of physician contract negotiations, emphasizing the importance of understanding one’s true value. He shares insights from his practice, where he helps physicians navigate the intricacies of
Read more…
Contract negotiations: When physicians ask for too much [PODCAST] originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - February 28, 2024 Category: General Medicine Authors: The Podcast by KevinMD Tags: Podcast Practice Management Source Type: blogs
Generative AI in Your Desk Drawer: Revenue Management
This article starts to look at healthcare generative AI use cases.
Is it any surprise that new technologies in health care pop up quickly in the area of reimbursements? Payments are the constant obsession of every manager.
Claims
Abhishek Sharma, principal of business transformation at Sagility, says that payers question why a doctor ordered an MRI instead of a less costly CT scan, and that precise details in the patient’s medical record and clinical demographic history have to be culled to justify the decision.
Dushyant Mishra, co-founder and CEO of RapidClaims, says that five to ten percent of costs in clinical i...
Source: EMR and HIPAA - February 27, 2024 Category: Information Technology Authors: Andy Oram Tags: Administration AI/Machine Learning C-Suite Leadership Health IT Company Healthcare IT Revenue Cycle Management Abhishek Sharma Administrative Burden AI Advantage Akshay Sharma Anna Twomey Artificial Intelligence Automated Medical C Source Type: blogs
Generative AI in Your Desk Drawer: Back Office Applications in Health Care
This article delineates the advantage of generative AI over earlier forms of AI and machine learning. We’ll look at several areas in health care where generative AI is in use, and discuss ways to make it widely available to small clinical organizations with few resources. We’ll also see how different organizations are training their models for maximum accuracy and value.
The Generative AI Advantage
The impacts of generative AI throughout society will be hard to assess for some time because it is so new and has become the darling of computer science so fast. Stepro describes the pace of change as “extrem...
Source: EMR and HIPAA - February 26, 2024 Category: Information Technology Authors: Andy Oram Tags: Administration AI/Machine Learning C-Suite Leadership Health IT Company Healthcare IT Administrative Burden Amazon Web Services Arcadia Artificial Intelligence AWS Back Office Bikham Caen Contee ChatGPT David Kereiakes Gauri Source Type: blogs
An analysis of History Written on the Water
My most recent song is out now for streaming and download via BandCamp. I’ve already talked about how it came to be and alluded to the origins of the title in the engraving on young English poet John Keats’ headstone – Here Lies One Whose Name was writ in Water
With this song History Written on the Water I tried to weave a tapestry of imagery and metaphor, exploring themes of secrets, betrayal, faithlessness, loss, and the relentless passage of time.
Secrets and Betrayal: My lyrics refer to secrets, suggesting that there are hidden truths that have been concealed or obscured. Lines like “The secret...
Source: David Bradley Sciencebase - Songs, Snaps, Science - February 21, 2024 Category: Science Authors: David Bradley Tags: Music Source Type: blogs
History Written on the Water – A song
TL:DR – I’ve written a new song. It’s not finished. I’ve written about it here, but will release the song on BandCamp once I’ve finished mixing it and created some artwork.
I came across the phrase his history was written on the water, something like that, I didn’t note it down, but the idea stuck in my head, history as ephemeral information easily lost, never really solid in the first place. As is my wont, I wrote a few words around it, trying to make a new song. I had a little chord progression that involved two-finger open chords up and down the neck, but fundamentally Em-C-Am-B. I r...
Source: David Bradley Sciencebase - Songs, Snaps, Science - February 17, 2024 Category: Science Authors: David Bradley Tags: Music Source Type: blogs
Bonus Features – February 11, 2024 – HTI-1 final rule goes into effect March 11, Best in KLAS highlights 136 products in 8 categories, plus 28 more stories
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
The 2024 Best in KLAS have been named. For the U.S. market, covered in the Software and Services report, KLAS recognized 136 software products across 8 categories. The Global Software report recognized regional leaders in ...
Source: EMR and HIPAA - February 11, 2024 Category: Information Technology Authors: Brian Eastwood Tags: Health IT Company Healthcare IT 1stResponder Adam Goldberger Adam Petrich Advantus Health Partners Alliant Purchasing Amplitude Vascular Systems Arcadia athenahealth Availity Best in KLAS Awards Casey Bartolucci Chilmark Research Source Type: blogs
Enhancing Payment Integrity in Healthcare through Pre-Payment Reviews
The following is a guest article by Tom Magnotta, COO & President at Apixio
Albert Einstein famously said, “Whoever is careless with the truth in small matters cannot be trusted with important matters.” This quote lies at the heart of integrity, a powerful concept that applies equally critically in the healthcare payments environment as it does in daily life. Payment integrity is essential for ensuring financial accuracy, maintaining compliance with regulations, optimizing the healthcare delivery system, and removing administrative waste, which impacts the focus on patient care and quality outcomes. It also plays...
Source: EMR and HIPAA - February 2, 2024 Category: Information Technology Authors: Guest Author Tags: Administration AI/Machine Learning Ambulatory Health IT Company Healthcare IT Hospital - Health System Revenue Cycle Management Apixio Healthcare Claims Healthcare Costs Insurance Payments Payment Integrity Pre-Payment Model RCM Source Type: blogs
Too much fawning over Len Schaeffer?
By MATTHEW HOLT
There’s a lot of strum & dangst about the uptick in system utilization that has boosted hospital profits and hit Humana and United’s bottom line (But not so much Elevance’s). Kevin O’ Leary over at Health Tech Nerds brought this up today and I was reminded of this piece I wrote in 2006. And a big issue was, how much understanding and control do insurers have over the utilization in (and out of) their networks. So take a look at this piece and particularly, given the issues at the BUCAHs and at smaller players like Agilon, consider how much insurers actually know about spending...
Source: The Health Care Blog - February 1, 2024 Category: Consumer Health News Authors: matthew holt Tags: Health Policy Health insurers Len Schaeffer Medicare Advantage Oldies Utilization Source Type: blogs
5 Insights Of The Medical Futurist ’ s 100 Digital Health And AI Companies Of 2024
We are proud to introduce The Medical Futurist’s 100 Digital Health And AI Companies Of 2024 infographic. We create this list year after year and it is always among our most popular, most shared visuals. Our aim here is not to create a ranking, nor a toplist, but to highlight companies to watch this year.
The reason to publish this list is simple: the digital health realm is saturated with hype, distinguishing the promising players from the noise is a challenge. The annual list is our way of cutting through the clamor to spotlight those we believe are genuinely making strides in this space.
Disclosure
Just l...
Source: The Medical Futurist - February 1, 2024 Category: Information Technology Authors: Andrea Koncz Tags: TMF Digital Health Research top 100 Source Type: blogs
Turquoise Health Raises $30M Series B Financing, Expanding Healthcare Pricing Platform Offerings
Price Transparency is the Foundation for Eliminating the Financial Complexity of Healthcare
Turquoise Health, an end-to-end healthcare pricing platform, today announced a $30M Series B investment led by Adams Street Partners, with participation from Yosemite, as well as existing investors Andreessen Horowitz and BoxGroup. Turquoise will use the funding to further support transparent pricing workflows across its customer base of over 160 healthcare organizations.
“Healthcare pricing remains frustratingly opaque for many industry stakeholders, including patients,” says Tom Bremner, Partner at Adams Street, who wi...
Source: EMR and HIPAA - January 31, 2024 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Adams Street Partners Andreessen Horowitz BoxGroup Chris Severn Health IT Funding Health IT Fundings Health IT Investment Matt Bettonville Niyum Gandhi The Mass General Brigham Health System Tom Brem Source Type: blogs
It Is Hard To Believe There Is Not A Serious Lesson Here ….
This
appeared last week:
Google ’s termination of Appen contracts big
‘wake up call’ for tech workers, Alphabet Workers Union warns By Joseph Lam Reporter 11:34AM January 26, 2024 Appen’s multimillion-dollar contract loss should be “a wake-up call for workers” as artificial intelligence is increasingly eating into the roles of some of the tech industry’s most vulnerable, a major union has warned (Source: Australian Health Information Technology)
Source: Australian Health Information Technology - January 31, 2024 Category: Information Technology Authors: Dr David G More MB PhD Source Type: blogs
Freedom to roam: Breaking down the boundaries of non-competes
Change is a constant in the medical field, and one significant shift that’s been shaking up the world of health care employment is the reform of non-compete contracts. Understanding the implications of these changes is crucial to every doctor. I believe it’s important for you to grasp what the new non-compete contract reforms mean and
Read more…
Freedom to roam: Breaking down the boundaries of non-competes originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - January 30, 2024 Category: General Medicine Authors: Tod Stillson, MD Tags: Finance Practice Management Source Type: blogs
The Business Case for a Biosimilar Company to Bring a Copy of Levemir to Market
My readers may recall that in November 2023, I blogged that Novo Nordisk announced it plans to retire (stop making) its first " Lantus killer " known as Levemir (insulin detemir injection) in the U.S. in 2024 (catch my post at https://blog.sstrumello.com/2023/11/novo-nordisk-to-discontinue-levemir-in.html for more). At the time I learned of the announcement, I was on vacation in Amsterdam, so I just made a note of the development and blogged about it a few weeks later upon my return.Like other patients my age, I have endured the company ' s previous insulin " retirements " . Novo Nordisk ' s time-frame for withdr...
Source: Scott's Web Log - January 25, 2024 Category: Endocrinology Tags: 2024 Biosimilar Levemir Novo Nordisk PBM Source Type: blogs
The Big Consult: Additional Criteria for Adopting a Digital App or Service
The previous article in this series laid out key criteria for choosing a digital solution to clinical problems. We’ll continue with some other less known, but still important, criteria in this article.
In addition to the traits mentioned in the previous article, several others were cited by Christine Vogel, lead nurse educator at UbiSim:
Ease of use: the vendor needs to bring in user experience (UX) designers and subject-matter experts.
Flexibility: Because no two clinical sites are quite alike, the technology should be easy to adapt to each site.
Accessibility: People with different physical and intellectual abilit...
Source: EMR and HIPAA - January 25, 2024 Category: Information Technology Authors: Andy Oram Tags: C-Suite Leadership Clinical Health IT Company Healthcare IT Hospital - Health System Arcadia care.ai Christine Vogel Cindy Koppen Clever Care Health Plan Colin Banas Denistry.One DrFirst Equality Health Health IT Selection Ka Source Type: blogs
The Big Consult: Major Criteria for Adopting a Digital App or Service
This article, and the next, lay out criteria for choosing a solution.
Even once you know what you need in your clinical setting, demonstrating the value of a new technology is hard. Dr. Omar Manejwala, chief medical officer at DarioHealth, looks for real-world evidence of outcomes. A study by the vendor is nice to see, but is it peer reviewed by a neutral party? Dr. Tim Church, chief medical officer at Wondr Health, similarly recommends checking that the app follows modern, evidence-based treatment guidelines.
“During the COVID-19 quarantine, literally thousands of new apps sprung up, particularly related to weight l...
Source: EMR and HIPAA - January 24, 2024 Category: Information Technology Authors: Andy Oram Tags: C-Suite Leadership Clinical Health IT Company Healthcare IT Hospital - Health System Aaron Neinstein athenahealth AvaSure BrainCheck care.ai Cindy Gaines Cindy Koppen Clever Care Health Plan Colin Banas DarioHealth DrFirst Source Type: blogs
