Happy Thursday, Hospitalogists! Today's newsletter is a link roundup on major developments across policy, partnerships, innovation, and more - including some great data links below. Basically it's a culmination of everything I save down that makes me go "Huh. This is interesting." Enjoy clicking away, and see you Tuesday! |
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What if you could reduce your medical device fleet and CapEx? Give nurses more bedside time and generally operate more efficiently, responding in real time? That's exactly what HCA accomplished. In just a few months. Enter Kontakt.io: Their asset management solution helped HCA trim their rental fleet needs by an impressive 75% (yes, 75%!) and recover 2-3 lost assets daily in each facility. HCA's success story spans 500,000 assets across 300+ locations, showcasing how Kontakt.io is revamping operations with real-time visibility and increased asset utilization. And the solution works big or small (20 to 2,200+ beds) because of the cloud and AI technologies. Curious how they did it? Watch the HCA video for an inside look at Kontakt.io's impact. Hear directly from HCA's South Atlantic Supply Chain CEO, Noel Hodges, and discover the steps they took to achieve these incredible results 👇 |
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- 23andMe sees the resignation of its independent directors.
- Elevance Health acquires Indiana University Health's insurance business.
- Centene eliminates brokers' commissions for Medicare drug plans.
- ACA plans decline in quality over the past decade, not just in price.
- Novo Nordisk CEO claims Wegovy will lower, not raise, healthcare costs.
- UnitedHealthcare rolls out a national gold-card program: 5 things to know.
- 31 health systems ranked by operating margins, ranging from -7.9% to 14.9%.
- Steward CEO Ralph de la Torre faces scrutiny over secret financial dealings.
- KFF reports Medicare Advantage Quality Bonus Payments will total at least $11.8B in 2024.
- Indiana launches its All-Payer Claims Database.
- Progyny loses a customer - purportedly Amazon - that comprised 13% of its revenue.
- August 2024 Health Sector economic indicators from Altarum.
- TIME honors Abridge's Shiv Rao in its TIME100 AI list for 2024.
- ACA enrollment platforms are suspended due to alleged foreign data access.
- Health systems face questions regarding GLP-1 treatments.
- FTC objects to an Indiana hospital merger between Union Health and HCA.
- Community Health Systems acquires 10 Carbon Health urgent care centers in Arizona.
- Optum Rx plans to pull Humira from some of its preferred formularies.
- Alignment Healthcare predicts a membership surge, targeting 1M enrollees.
- Rite Aid emerges from bankruptcy with $2.5B in exit financing and a new CEO.
- RadNet appoints Kees Wesdorp as President and CEO of its Digital Health Division.
- Noom introduces a $149 compounded GLP-1 drug with a taper-off guarantee.
- GoHealth acquires e-TeleQuote.
- Hackensack Meridian Health launches 24/7 virtual primary care.
- Chartis announces a majority investment from Blackstone to advance healthcare transformation.
- Henry Ford Health celebrates the groundbreaking of its Detroit hospital expansion project.
- Hospitals file suit against Medicare Advantage over DSH payments.
- Northwell and Nuvance clear a regulatory hurdle for their merger in New York.
- KKR purchases shares of BrightSpring Health Services from Walgreens Boots Alliance.
- Ascension posts a $1.8B annual loss but says liquidity remains strong.
- California clarifies the scope of nurse anesthetists after ongoing confusion at Modesto hospitals.
- Health systems face questions on whether they are 'too big to fail.'
- Walgreens eyes growth in clinical trials as part of its transformation strategy.
- Syra Health closes its $2.1M public offering.
- DEA extends its remote prescribing rule, rattling the telehealth sector.
- Employer Direct Healthcare rebrands as Lantern and moves into the infusion care market.
- Hims & Hers acquires a 503B outsourcing facility, MedisourceRx.
- Mass General Brigham releases its vision for integrated, patient-centered cancer care.
- University Hospitals reports an increased operating loss in the first half of 2024.
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- SOL Mental Health and Awell announce a multi-year partnership to bring CareOps to behavioral health.
- Kaufman Hall discusses new partnership opportunities in the ambulatory arena.
- UTHealth Houston collaborates with OpenAI to offer clinicians HIPAA-compliant ChatGPT solutions.
- Kaiser Permanente and CommonSpirit Health announce a new strategic relationship in Colorado.
- Henry Ford and Ascension Michigan launch a combined organization in October.
- Reimagine Care and Memorial Hermann unveil an expanded on-demand cancer care partnership.
- Tampa General invests $162M to strengthen integration with USF Health.
- The Iowa Clinic signs a multi-year agreement with Counterpart Health to deploy AI technology across the Midwest.
- Talkspace joins Amazon Health Services.
- CityMD opens its first location in Norwalk, Connecticut, expanding its footprint as a leading urgent care provider.
- University of Iowa Health Care rolls out Nabla to all clinicians.
- Nebraska Medicine and Palantir announce a pioneering partnership to use AI technology to advance healthcare.
- Cadence and Lifepoint show promise in improving rural health outcomes through remote patient monitoring.
- Hippocratic AI partners with academia to create a curriculum for AI use in healthcare.
- Bergen New Bridge Medical Center partners with NeuroFlow to launch an integrated care program supporting Medicaid patients.
- DarioHealth integrates Twill's cardiometabolic platform as part of its digital health offerings.
- Charlie Health partners with Cartwheel to address the student mental health crisis.
- Blue Cross and Blue Shield of Minnesota shifts to a value-based care contract with Herself Health.
- Amino Health and Motive Practicing Wisely unveil a new method to bolster ACO performance.
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- Neurode develops a wearable headband to track and treat ADHD symptoms.
- Sword Health introduces outcome pricing for its customers.
- Fabric is taking a crack at an interesting telehealth rollup play and makes its fourth acquisition in 18 months, now covering over 100 million lives and acquiring virtual assets from the likes of TeamHealth and Walmart Health.
- Apple's AirPods Pro 2 could forever change access to hearing aids.
- Noom launches a GLP-1 weight loss program.
- Tempus launches the beta version of Olivia, its AI-enabled personal health concierge app for patients.
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- HealthPopuli makes the case for GLP-1 coverage and affordability in the U.S.
- Paul Graham writes about the dynamics of being in "Founder Mode."
- LifeStance faces challenges due to private equity, M&A, lawsuits, and short sellers.
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- Flare Capital analyzes where healthcare budgets match AI hype over the past 10 years.
- Guidehouse releases its 2024 Revenue Cycle Management Survey.
- Strata Decision publishes monthly healthcare industry financial benchmarks.
- Large PBMs control 70% of the market, a new AMA report finds.
- Health Affairs examines the failing experiment of primary care as a for-profit enterprise.
- 15 physician specialties see the largest pay jumps.
- McKinsey explores the implications of current trends on Medicare Advantage stakeholders.
- Mercer predicts the future of the U.S. healthcare industry with labor market projections by 2028.
- McKinsey explores the ongoing physician shortage.
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I've recently revamped my community offering, introducing new tiers (including a free one so you can check things out). If you're in strategy, finance, and operating roles at health systems & provider organizations I would love to see you in there! |
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Thanks for the read! Let me know what you thought by replying back to this email. — Blake |
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