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.
Independence Blue Cross, the largest medical insurance provider in the Philadelphia area, does not admit to wrongdoing. It was accused in a lawsuit backed by the U.S. Department of Justice of misrepresenting the severity of patient illnesses to juice risk-adjusted Medicare payments.
With its $350M in new funding, EliseAI said it plans to build out its technology and sales force. It currently works with specialty provider groups to automate practice operations such as scheduling and insurance verification.
Of surveyed and interviewed U.S. physicians who showed significant six-month improvement in follow-up vs. baseline wellness checks, 47% attributed the gain to active personal changes. Not far behind were those who credited active work-related changes—40% of the field.
The new entity, Precure, will be owned by both groups. Its work in detecting early disease for timely intervention stems from a research project launched this summer. The Mayo Clinic said Precure will make the results of that initiative actionable.
The deal, which sources told reporters could be finalized as early as next week, would mean GE HealthCare would become the sole owner of the private-equity backed radiopharmaceutical developer.
The company’s artificial intelligence is used by payers to aid in the development of health plans and to automatically scan medical claims for accuracy. According to a media report, the investment firm TPG is looking into buying the business.
The Federal Trade Commission was concerned a buyout by OhioHealth would over-consolidate services in rural parts of the state. With the acquisition, Adena brings its hospital count to five, as opposed to OhioHealth’s 16.
The change will begin Oct. 1, impacting 11 states. The effort is part of a plan to eliminate prior authorization approvals for 30% of healthcare services by the end of the year, the insurer confirmed.
The group ShinyHunters has claimed credit for the attack, threatening to leak the data trove if McKesson doesn’t pay $55 million. It claims to have highly sensitive records on patients, including autopsy details.
A former senior director at Optum has been found guilty for his role in a scam by which a friend received a six-figure salary despite doing no work. The verdict included a conviction for money laundering as well as fraud.