Amazon In Healthcare: Disruption, Data Nightmares And Digital Health Dreams
A little while ago we explored Amazon’s initial forays into the healthcare sector, a move that positioned the tech behemoth alongside traditional players in the industry. Amazon’s initial focus was evident: disruption. From obtaining drug distribution licenses in over 10 US states, through acquiring the startup PillPack, to the launch of Amazon Pharmacy and Amazon Care, the company’s intent was clear – to reshape the healthcare landscape. For a detailed look into the first chapters of Amazon’s healthcare journey, click here.
Fast forward to today, and the landscape appears to have shifted d...
Source: The Medical Futurist - October 17, 2023 Category: Information Technology Authors: Andrea Koncz Tags: TMF Future of healthcare Amazon in healthcare tech giants in healthcare Amazon Clinic One Medical digital health Source Type: blogs
Midi Health Raises $25M in Series A Funding Led by GV (Google Ventures) to Expand Access to Expert and Affordable Midlife Care for Women
The Leading Virtual Clinic Delivering Insurance-Covered, Expert Care for Women Perimenopause and Menopause, Midi Health Plans Major Expansion of National Footprint
Midi Health, the emerging digital leader in women’s midlife healthcare, today announced the close of a $25M Series A funding round led by GV (Google Ventures). Investors Frederique Dame and Cathy Friedman from GV are joined by current investors Felicis, Semper Virens, Icon, 25M, and Operator Collective, bringing the company’s total funding raised to date to $40M.
In the year since the company officially launched to consumers, Midi Health has...
Source: EMR and HIPAA - October 16, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT 25M Cathy Friedman Felicis Frederique Dame Google Ventures GV Health IT Funding Health IT Fundings Health IT Investment ICON Joanna Strober Midi Health Operator Collective Semper Virens Source Type: blogs
Your Insulin of the Future Could Be " Made in China " if Big PBMs Have a Say in the Matter
Back on June 16, 2022, I published an article on LinkedIn entitled "How the Civica Insulin Announcement May Be Disruptive to the PBM Kickback Scheme" (see the article athttps://www.linkedin.com/pulse/how-civica-insulin-announcement-may-disruptive-pbm-scheme-strumello/ if you wish to read it) which predicted that a growing number of insulin biosimilars whose active pharmaceutical ingredients (API ' s) are cultured in offshore laboratories are forecast to hit the U.S. market in the next few years. According to the FDA and the individual companies whom I also follow on LinkedIn, the U.S. Food and Drug Administration (FDA) typ...
Source: Scott's Web Log - October 15, 2023 Category: Endocrinology Tags: 2023 Congress insulin insulin prices lawmakers PBM Pharmacy Benefit Managers Source Type: blogs
Financial challenges for early career physicians
Early in your career as a physician, with a good income, but often significant debt, physicians can make critical financial planning mistakes that follow them their whole career. Avoid them! Early career physicians face unique financial challenges, from student loan debt to the need for investment and insurance planning. In this article, we will provide
Read more…
Financial challenges for early career physicians originally appeared in KevinMD.com. (Source: Kevin, M.D. - Medical Weblog)
Source: Kevin, M.D. - Medical Weblog - October 15, 2023 Category: General Medicine Authors: Amarish Dave, DO Tags: Finance Practice Management Source Type: blogs
Virgin Pulse and HealthComp Announce Intent to Merge to Create Comprehensive Employer Health Platform
Joining Forces to Improve Health Outcomes, Lower Costs, and Empower Members Through a Next-Generation Health Technology and Data Platform
New Mountain Capital, Marlin Equity Partners, Blackstone, and Morgan Health to Back Combined Entity, the Industry’s First Health Platform-as-a-Service
Virgin Pulse, a leading global digital-first health, wellbeing, and navigation company, today announced its intent to merge with HealthComp, a next-generation benefits and analytics platform. The merger will create a technology and data-powered health platform-as-a-service organization poised to tackle some of the industry’s biggest c...
Source: EMR and HIPAA - October 13, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Blackstone Chad Harris Chris Michalak Dan Mendelson Evercore® Health IT Acquisitions Healthcare M&A HealthComp J.P. Morgan Securities LLC JPMorgan Chase Kirkland & Ellis LLP Kyle Peterson Marlin Source Type: blogs
Prior Authorization Takes a Leap Forward in CMS Regulation
The Centers for Medicare & Medicaid Services (CMS) have taken a bold step by mandating a standard for prior authorization. I talked to Nikki Henck, Senior Director of Utilization Management at Sagility, about the implementation and potential impact of this proposed requirement, which, if finalized, will be enacted in January 2026.
The Dilemma of Prior Authorization
Prior authorization, also known as a pre-approval, strikes fear into both patients and providers. In a 2022 American Medical Association physician survey, 88% of providers said that the burden of doing prior authorization was high or extremely high. Anothe...
Source: EMR and HIPAA - October 12, 2023 Category: Information Technology Authors: Andy Oram Tags: Administration Health IT Company Healthcare IT Interoperability Regulations AMA CMS Electronic Prior Authorization FHIR Nikki Henck Prior Authorizations Sagility Source Type: blogs
Tendo to Acquire MDsave, Creating Leading Platform for Patient Engagement and Shoppable Care
Strategic Acquisition Combines Guided Patient Journeys and Quality Metrics with the Leading Searchable and Bookable Health Services Marketplace
Tendo, a software company committed to creating seamless healthcare experiences for patients, clinicians, and caregivers, is acquiring MDsave, a leading healthcare marketplace that democratizes care access for all. The acquisition extends Tendo’s platform and applications to include MDsave’s marketplace, enabling patients to easily seek, schedule, pay for, and manage healthcare with transparent pricing through one solution. The transaction is expected to close in October.
For ...
Source: EMR and HIPAA - October 12, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Adventist Health Cory Ferrier Dan Goldsmith Health IT Acquisitions Healthcare M&A MDsave Paul Ketchel Tendo Source Type: blogs
The Evolution Of Clinical Documentation: From Paper To AI
Documentation is an essential heartbeat of clinical care. Like an EKG tracing illustrating the rhythm and health of a heart, clinical documentation captures the intricate narrative of a patient’s health journey. However crucial, documenting clinical care is a cumbersome task, contributing significantly to the burnout of healthcare professionals.
As we are witnessing global shortages in the numbers of medical professionals, streamlining and/or automating unpopular documentation tasks seems a very logical next step. It doesn’t really require the qualification of a trained nurse or doctor, so it is a great wa...
Source: The Medical Futurist - October 12, 2023 Category: Information Technology Authors: Andrea Koncz Tags: TMF Artificial Intelligence in Medicine Healthcare Design clinical documentation AI in clinical documentation Source Type: blogs
Five Things Hospitals Should Do Immediately to Improve their Cybersecurity Posture
The following is a guest article by Jonathan Goldberger, Senior Vice President, Security Practices & Strategic Sales at TPx
Hospitals face the threat of cyberattacks daily and each attack threatens the hospital’s public brand and, worst of all, public health.
Because nearly every function at hospitals today is electronic, a cyberattack is crippling to the point where a provider can’t do anything. Even tasks such as sending a prescription to the pharmacy and ordering or reviewing X-rays are challenging amid a cyberattack.
It’s no secret that threat actors are targeting companies and organizations regardless of the...
Source: EMR and HIPAA - October 9, 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 Cyberattacks Cybersecurity Cybersecurity Training Healthcare Cybersecurity Healthcare R Source Type: blogs
Out of Control Health Costs or a Broken Society
Flawed Accounting for the US Health Spending Problem
By Jeff Goldsmith
Source: OECD, Our World in Data
Late last year, I saw this chart which made my heart sink. It compared US life expectancy to its health spending since 1970 vs. other countries. As you can see, the US began peeling off from the rest of the civilized world in the mid-1980’s. Then US life expectancy began falling around 2015, even as health spending continued to rise. We lost two more full years of life expectancy to COVID. By the end of 2022, the US had given up 26 years-worth of progress in life expectancy gains. Adding four more ...
Source: The Health Care Blog - October 9, 2023 Category: Consumer Health News Authors: matthew holt Tags: Health Policy COVID Drug Overdoses gun violence Hospitals Jeff Goldsmith Maternal mortality Mental Health Obesity Poverty Regional Economy Society Source Type: blogs
Out of Control Health Costs or a Broken Society
Flawed Accounting for the US Health Spending Problem
By Jeff Goldsmith
Source: OECD, Our World in Data
Late last year, I saw this chart which made my heart sink. It compared US life expectancy to its health spending since 1970 vs. other countries. As you can see, the US began peeling off from the rest of the civilized world in the mid-1980’s. Then US life expectancy began falling around 2015, even as health spending continued to rise. We lost two more full years of life expectancy to COVID. By the end of 2022, the US had given up 26 years-worth of progress in life expecta...
Source: The Health Care Blog - October 9, 2023 Category: Consumer Health News Authors: matthew holt Tags: Health Policy COVID Drug Overdoses gun violence Hospitals Jeff Goldsmith Maternal mortality Mental Health Obesity Poverty Regional Economy Society Source Type: blogs
What are the Cost Implications of Implementing Cloud Technology in Healthcare?
We have talked about implementing cloud technology in healthcare a lot, but there are still a lot of gray areas, such as the cost implications. Will it increase or reduce healthcare costs? More importantly, if we are looking to switch from the traditional on-premises infrastructure, how do the costs compare? Both in where we are today and in the long run?
In search of some answers to these questions, we reached out to our incredibly talented Healthcare IT Today Community. The following are their thoughts on this pressing topic.
Zach Evans, Chief Technology Officer at XSOLIS
The largest change for organizations implementing...
Source: EMR and HIPAA - October 6, 2023 Category: Information Technology Authors: Grayson Miller Tags: Ambulatory C-Suite Leadership Health IT Company Healthcare IT Hospital - Health System IT Infrastructure and Dev Ops LTPAC Security and Privacy 4medica Annmarie Ison AT&T Cybersecurity Charlie Clarke Chris Lance Cloud Cloud in Source Type: blogs
---
Tightening rules for short-term health insurance plans will likely strengthen the marketplaces that offer reliable, comprehensive nongroup coverage.
(Source: The Commonwealth Fund: Blog)
Source: The Commonwealth Fund: Blog - October 5, 2023 Category: International Medicine & Public Health Authors: Dong Ding, Sherry A. Glied Source Type: blogs
Amenities Health Closes Series A, Raising a Total of $10M to Modernize Health System Digital Front Doors
The New Financing will Accelerate Adoption of Amenities’ Groundbreaking Digital Front Door Platform Designed to Help Health Systems Improve Patient Loyalty
Amenities Health, a leading Digital Front Door platform, today announced the final closing of its Series A financing round. The company secured an additional $6.25 million, putting Amenities’ total amount raised to date at $10 million.
The latest fundraising round was led by MemorialCare Innovation Fund, a strategic healthcare investment fund wholly owned by MemorialCare Health System. Epic Ventures, a venture capital firm which led Amenities’ seed round, also ...
Source: EMR and HIPAA - October 2, 2023 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Amenities Amenities Health Blake Marggraff Brant Heise Buzz White Chris Gibson Dr. Aasim Saeed Epic Ventures Harjinder Sandhu Health IT Funding Health IT Fundings Health IT Investment Kulmeet Sin Source Type: blogs
Bonus Features – October 1, 2023 – 45 Percent of patients prefer telehealth for minor but urgent issues and much more
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.
Surveys and Research
Nearly 30% of telehealth visits result in an in-person follow-up within three weeks, and nearly half of patients who used telehealth only did it once, according to Trilliant Health’s latest report on t...
Source: EMR and HIPAA - October 1, 2023 Category: Information Technology Authors: Brian Eastwood Tags: Healthcare IT Aaron Tendler Accelecom AccYouRate AdvancedMD Affirm Aiberry Akasa Amwell Apollo MD AvaSure Cedar Christine Davis Costco DAX Copilot Evidium Foresite Capital Google Cloud Gozio Health GrayMatters Health Source Type: blogs
