Dexcom Pays PBMs Kickbacks to Exclude Rival CGMs; Senseonics Found a Way Around That
This week (on June 3, 2023), there was an interestingannouncement from the Maryland-based medical device startupSenseonics, Inc. that UnitedHealthcare will begin providing coverage for theEversense E3 CGM System effective July 1, 2023 for people with Type 1 and insulin-requiring Type 2 diabetes. You may recall that Senseonics received a cash-infusion financial lifeline from Ascensia Diabetes Care back on August 10, 2020 (see the news release for that athttps://www.businesswire.com/news/home/20200810005677/en/Senseonics-Announces-Strategic-Collaboration-with-Ascensia-Diabetes-Care for more) when that company effectively pai...
Source: Scott's Web Log - June 7, 2023 Category: Endocrinology Tags: 2023 Ascensia bribes CGM Eversense Formulary Exclusion kickbacks PBM Senseonics Source Type: blogs
Unleashing rural opportunity
This report outlines government plans to support growth and prosperity in rural areas. It looks at investing in the rural economy and removing barriers to enterprise, delivering affordable housing and sustainable energy, and access to health and care services.ReportDepartment of Health and Social Care - publications (Source: Health Management Specialist Library)
Source: Health Management Specialist Library - June 7, 2023 Category: UK Health Authors: The King ' s Fund Library Tags: Patient involvement, experience and feedback Primary and community care Source Type: blogs
A Hand Up, Not a Hand-Out
BY KIM BELLARD
As many of you did, I followed the recent debt ceiling saga closely, and am relieved that we now have a compromise, of sorts. The House Republicans demanded a lot of things, most of which they did not get, but one area where they did prevail was in toughening work requirements for food (SNAP) and income (TANF). They somehow believe that there are uncounted numbers of “able-bodied” people sitting around on their couches collecting government benefits, a myth that goes back to Ronald Reagan’s welfare queen stereotype, and have long advocated work requirements as the remedy.
Ironic...
Source: The Health Care Blog - June 6, 2023 Category: Consumer Health News Authors: Ryan Bose-Roy Tags: Health Policy Guaranteed Income Programs Kim Bellard SNAP Source Type: blogs
Evernorth Uses SAS Analytics to Help Determine Next Best Step for Member Care
Evernorth Health Services is using advanced analytics from SAS to help determine the next best action a patient can take to improve their health outcomes. The company is analyzing historic claims data, along with demographic and financial data to build a personalized care path that optimizes a patient’s health.
Healthcare IT Today had the chance to speak with Casey Dudek, Business Analytics Advisor at Evernorth Health Services (EHS), about their analytics work. We wanted to know what types of data they were taking into consideration, how they were using the SAS analytics platform, and what are they working on next.
Impro...
Source: EMR and HIPAA - June 6, 2023 Category: Information Technology Authors: Colin Hung Tags: Analytics/Big Data C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System Casey Dudek Chronic Conditions Evernorth Health Services Goldilocks Zone Member Engagement Next Best Action Patient Outcomes SAS SAS A Source Type: blogs
White House Extends Ukraine ’s Steel Tariff Exemption; Sad Reminder of Steel Protectionism
Clark PackardOn the heels of Russia ’s aggressive war against Ukraine in early 2022, the Biden administration temporarilyexempted Ukrainian steel from the Trump administration ’s bogus “national security” tariffs imposed under Section 232 of the Trade Expansion Act of 1962 (at the behest of the domestic steel industry). The exemption was set to expire on June 1, 2023, with tariffs snapping back to 25 percent. Last week, the White Houseannounced it would maintain Ukraine ’s exemption from tariffs and expanded it to cover Ukrainian steel processed within the European Union (EU). For free traders battered by ill‐...
Source: Cato-at-liberty - June 5, 2023 Category: American Health Authors: Clark Packard Source Type: blogs
Follow Up on Bank Secrecy Act Data
Nicholas AnthonyLast week, I wrote about how there is a lack of official statistics regarding the effectiveness of the Bank Secrecy Act and how what little information exists is troubling.However, a few folks were kind enough to point out that the Financial Crimes Enforcement Network (FinCEN) defines money laundering under a broad umbrella, so I wanted to follow up to make sure readers had the full picture available. The figure below provides the complete list of subcategories that FinCEN d efines as money laundering in its suspicious activity report (SAR)statistical database.Much like I explained last week, the ...
Source: Cato-at-liberty - June 5, 2023 Category: American Health Authors: Nicholas Anthony Source Type: blogs
A New Underground Market in E ‑Cigarettes Will Soon Begin Flourishing in Australia
Jeffrey A. SingerWriting in the Australian journalThe Quadranta year and a half ago, I criticized the Australian government ’s plan to prohibit residents from purchasing e‑cigarettes without first getting a state‐licensed health care practitioner’s permission slip (aka, a prescription). I wrote:It makes no sense to require medical permission slips for consenting adults to ingest nicotine via e ‑cigarettes when doing so through combustible tobacco requires no such official nod. It makes even less sense when substances of equal or greater addictive potential are legally available without a prescription. ...
Source: Cato-at-liberty - June 5, 2023 Category: American Health Authors: Jeffrey A. Singer Source Type: blogs
Healthcare Innovation Funding – Regulations and Disrupting Traditional Models
We are at an exciting time in the world of healthcare! With technology becoming more accessible and more and more digital natives entering the work force, there’s an abundance of innovation. We have so many more people that are coming up with creative digital solutions to the challenges that we are currently facing. However, while there are plenty of great ideas and startups, there’s just simply not enough money to fund all of them.
So how do you make sure that you’re the one getting the funding you need and not another startup? Oftentimes, the answer lies within making yourself stand out, and a great wa...
Source: EMR and HIPAA - June 2, 2023 Category: Information Technology Authors: John Lynn Tags: C-Suite Leadership Health IT Company Healthcare IT Regulations Bill Charnetski Ceteri Capital Debiopharm Derek Streat DexCare Frederico Ferreira Braga Healthcare Disruption Healthcare Innovation Funding Jay Ackerman Microsoft P Source Type: blogs
Knowing Your Patient: Helping Healthcare Organizations Prevent Insurance Fraud
The following is a guest article by Bala Kumar, Chief Product Officer at Jumio
The list of responsibilities for a CISO in healthcare is constantly growing. Today’s threat landscape requires them to plan for ransomware and malware attacks, protect against traditional vulnerabilities in legacy equipment, and mitigate the risk of internal threats.
With those competing priorities, fraud prevention does not always make its way to the top of the list of considerations, even when it should. According to the National Health Care Anti-Fraud Association, fraud costs the U.S. healthcare industry more than $50 billion each year. ...
Source: EMR and HIPAA - June 2, 2023 Category: Information Technology Authors: Guest Author Tags: Ambulatory C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System IT Infrastructure and Dev Ops LTPAC Security and Privacy Bala Kumar CISO Healthcare Fraud Identity Fraud Jumio Know Your Customer Know Your Source Type: blogs
Glacier Northwest v. Teamsters: The Supreme Court Gets Concrete
Walter OlsonInGlacier Northwest, Inc., v. Teamsters, decided today, the Supreme Court showed a good measure of consensus and civility in settling a potentially contentious issue in labor law: whether a company is entitled to sue a union that has so arranged its strike so as to put the company’s equipment, as well as its perishable inventory, at risk of destruction. Eight Justices led b y Justice Amy Coney Barrett said the company was entitled to sue, while Justice Ketanji Brown Jackson, the only dissenter, said the dispute should properly be heard by the National Labor Relations Board. Along the way, the Justices br...
Source: Cato-at-liberty - June 1, 2023 Category: American Health Authors: Walter Olson Source Type: blogs
Krugman Misses the Mark on CBDCs —Again
Norbert Michel andNicholas AnthonyThis AprilForbes column describes why central bank digital currencies (CBDCs) are a fundamental issue related to Americans’ freedom and much bigger than just politics. It argues that New York Times columnist Paul Krugman, famous forbeing wrong aboutthe Internet, was wrong for claiming presidential hopeful Ron DeSantis was merely playing politics with CBDCs.Nonetheless, Krugman hasdoubled down. AsCrowdfund Insider explains, now he ’s taken toTwitter to re ‐promote his original opinion pieceand to liken DeSantis ’s warnings about CBDCs to former presidential candidate Rick Santo...
Source: Cato-at-liberty - June 1, 2023 Category: American Health Authors: Norbert Michel, Nicholas Anthony Source Type: blogs
Misleading Debt Limit Deal Math Counts Phantom Savings
Romina BocciaWithin mere days of the X ‑day deadline for when the federal government would run out of wiggle room to keep borrowing under the statutory debt limit, the President’s and House Speaker McCarthy’s negotiators released theFiscal Responsibility Act (H.R.3746). Here ’s what you need to know to judge its impact on addressing the U.S. debt problem:Waives the Debt LimitThe bill suspends the debt limit until January 1, 2025. A suspension acts like a waiver. The bill temporarily eliminates the debt limit, allowing for unlimited borrowing for about a year and a half.It ’s curious that Republicans agreed ...
Source: Cato-at-liberty - June 1, 2023 Category: American Health Authors: Romina Boccia Source Type: blogs
Why Trustworthy AI is Key to Preventing the Erosion of Trust at Scale
“With Artificial Intelligence we now have the ability to erode trust at scale”
Reggie Townsend, Vice President of Data Ethics at SAS made that statement to a room full of clients, data analysts, AI experts, and media at the SAS Innovate conference. That attention-grabbing line was Townsend’s opening to an engaging keynote on the need for “Trustworthy AI” and thoughtful incorporation of ethics into the AI conversation.
Healthcare IT Today had the opportunity to sit down one-on-one with Townsend to learn how SAS is infusing ethics and trustworthiness into their operations. We also wanted to hear more about the comp...
Source: EMR and HIPAA - May 31, 2023 Category: Information Technology Authors: Colin Hung Tags: AI/Machine Learning Analytics/Big Data Health IT Company Healthcare IT Hospital - Health System elft University of Technology Erasmus MC Erasmus University Medical Center Health Equity Healthcare AI Healthcare AI Ethics Reggie Townse Source Type: blogs
Domestic Benefits from Foreign Tax Havens
Adam N. MichelForeign investment in low ‐tax countries complements U.S. production and expands global investment.Low ‐tax countries are often derided for either attracting illusory corporate profits without changing true investment behavior or for attracting international investment to the detriment of usually higher‐tax countries. However, research consistently finds that when multinational businesses i nvest abroad, they also increase investment at home.For example, Mihir Desai, C. Fritz Foley, and James Hinesfind that“one dollar of additional foreign capital spending is associated with 3.5 dollars of ad...
Source: Cato-at-liberty - May 31, 2023 Category: American Health Authors: Adam N. Michel Source Type: blogs
The Continuing Effort to Deny that Libertarian ‐ish Voters Exist
David BoazHere we go again. David Leonhardt of the New York Timesdredges up a poorly designed chart from 2017 that purported to show that there are very few “fiscally conservative, socially liberal” American voters. At the time Karl Smithpointed out some basic design flaws in the analysis. Emily Ekinsnotedthat determining the number of liberal, conservative, libertarian, and populist/ communitarian/statist voters depends very much on the definitions you start with and the issues you choose. She concludes: “The overwhelming body of literature, however, using a variety of different methods and different defin...
Source: Cato-at-liberty - May 30, 2023 Category: American Health Authors: David Boaz Source Type: blogs
