Business Intelligence

Providers utilize business intelligence to monitor referral patterns and collaborate with clinicians who order their services. Such analytics tools have also been deployed in the specialty to improve productivity, track patient satisfaction and bolster quality.

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Healthcare supply giant Medline announces IPO, valued at $50B

The company announced its IPO filing on Tuesday. Medline said it expects new investors to bring in a $5 billion influx of funds. A date has not been set for the stock’s listing on NASDAQ. 

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Former CEO of Unite Us tapped as CMS’ Medicaid and CHIP lead

Dan Brillman, the former CEO and co-founder of coordinated care support service Unite Us, has left his position for a role in the Centers for Medicare & Medicaid Services, where he will be responsible for overseeing the federal government's safety net healthcare programs.

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Hospital system sues UnitedHealth over ‘denied, delayed’ Medicare Advantage reimbursement

Tennessee-based Ballad Health said it's tried for years to resolve the issues with the insurer but now has 'no choice' but to take legal action, as denied claims are leading to longer hospital stays and higher expenses.

Humana

Humana, Providence unveil interoperable data-sharing framework

The two companies said their model for exchanging payer and provider data will be “easily replicable” and could be adopted across the healthcare space. The initial rollout of the system will be focused on automatically identifying Medicare Advantage patients. 

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Combined AI chatbot, telehealth app earns $25M investment

Physician-founded Counsel Health said it will use the funds to hire more doctors as it expands the userbase for its AI, which allows patients to ask questions and get answers from a real doctor.

CVS Health announces $10.6B acquisition of Oak Street Health

CVS finalizes buyout of Rite Aid prescription data, 63 retail stores

The prescription information comes from 626 pharmacies in 15 states. CVS said it could gain access to 9 million new customers. 

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Johnson & Johnson to spin off $9.2B DePuy orthopedics division into independent company

The division develops and manufactures knee and hip replacements, along with other surgical implants. J&J said it will separate DePuy within 18 to 24 months, at which point it will be the largest orthopedics company in the world.

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Report: Harvard Medical School data backing healthcare-focused Microsoft Copilot update

According to the Wall Street Journal, insider sources said a major update to Microsoft’s AI chatbot could be released before the end of the month, designed to be more reliable at answering medical queries.