600+ rural hospitals are at risk of closure

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Top Story More Than 30% of Rural Hospitals Are at Risk of Closure, Report Warns More than 600 rural U.S. hospitals — which is more than 30% of the country's rural hospitals — are at risk of closing due to their financial instability, according to a new report. The report argued that the dire financial situation among the nation's rural hospitals stems from two main issues: low financial reserves and inadequate payments from private health plans. Sponsored Content Improve Poor Data Quality Across the Healthcare Ecosystem and Make Workflows More Manageable Presented by IMO Health and MedCity News The webinar, sponsored by Intelligent Medical Objects, will explore the impact of poor data quality and methods to improve patient data quality. It will also highlight healthcare industry employee burnout and how to improve retention. Sign up today and join the discussion! 2 Days Left to Save $200 Making Responsible AI a Reality - just one of the many "riveting" panel discussions you can partake in at INVEST Digital Health on October 26th at Pegasus Park in Dallas, TX. Don't miss your opportunity to save, connect, and progress. Hurry, Time is Running Out - Register Today!

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6 Ways Providers Can Better Manage 3rd-Party Cybersecurity Risks The Health3PT Initiative recently released recommendations on how providers can better address the cybersecurity risks linked to their third party reliance. Some of the group's recommendations included ensuring that contract language ties financial terms to a vendor's data management transparency and establishing metrics and reporting requirements for organization-wide vendor risks. UnitedHealthcare Invests $11.1M To Address SDOH Needs UnitedHealthcare awarded grants to 66 nonprofits across 12 states. The grants will support those struggling with social isolation, behavioral health, food insecurity and other social determinants of health. FDA Approves Blood Thinner Reversal Drug, But Requires More Tests to Assess Serious Risk While Octapharma drug Balfaxar met the goal of its pivotal clinical trial, more deaths and blood clot problems were reported in the study drug arm versus the comparator group. The FDA is requiring a post-marketing study to further assess the drug's risks. To Optimize Health Outcomes, Home Medical Devices Must Operate Within Disease Management Programs Rich multimedia content, chatbots and human interaction all play important roles in helping new health technologies become part of a patient's lifestyle. Spring Health Upgrades Family Mental Health Services Spring Health's Family Care solution now serves kids of all ages and their parents. It connects each family with a care navigator and offers a dashboard that allows parents and caregivers to track their child's care. Startup Fundraising Spotlight: Octave Bioscience Octave Bioscience, based in Menlo Park, California, just closed a $30 million extension to its Series B funding round.

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