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.

Epic, Microsoft lead the AI vendor charge into healthcare: KLAS
Many if not most hospitals and other provider organizations take a decided interest in what their peer institutions are doing with AI. A major motivator for the keen curiosity is gauging how well one is keeping up with the Joneses. So to speak.
FTC halts case against PBMs, citing lack of commissioners
The FTC has put its price collusion case against CVS Caremark, Optum Rx and Express Scripts on hold after significant staff departures at the agency left it uncertain how to proceed
Oracle Health denies cloud breached as second attack confirmed
Questions remain about the alleged breach on a legacy server at Oracle Health, as the nature of the attacks and scope of stolen data are still being investigated.
Healthcare AI newswatch: Apple’s AI Doctor, AI’s expectant medical specialties, AI-watching teens, more
Apple’s AI Doctor had better be one good virtual physician.
Data breach at Oracle Health leads to extortion of hospitals
A legacy server accessed with stolen credentials is being blamed for the incident. However, the nature and scope of the attack are still being investigated, with Oracle reportedly working with the FBI to gather details.

Industry Watcher’s Digest

The use of clinical AI could have some unintended consequences for patient safety.

healthcare providers and payers AI strategy

Providers trail payers in healthcare AI action

If putting an AI plan in place were a team sport, the Payers would be outpacing the Providers quite handily.

Landmark opioid trial in Baltimore set to begin; Johnson & Johnson settles to avoid jury

Six companies have settled with the city for as total of over $402M. Two remaining defendants, McKesson and AmerisourceBergen, will test their luck in court.

Walgreens pays $107M to resolve fraud accusations brought by DOJ

The company was accused of billing the government for prescriptions patients never received. Walgreens said the oversight was a result of a software error.

FDA issues recall on infusion pump parts due to risk of uncontrollable drug flow

Due to a risk of fatal overdose, the recall is labeled as the most serious of its type. While no patients have died, two have reportedly been injured.

Social media ads led 200K patients to unwittingly drop their insurance

Users on Facebook and Snapchat clicked on ads promising free cash, only to find out their health plan changed.

AMA study shows four pharmacy benefit managers control 70% of the market

The study from the American Medical Association is based on data from commercial and Medicare Part D plans. The analysis found market share for PBMs is heavily concentrated, leading to higher drug costs.

artificial intelligence AI in healthcare

Industry Watcher’s Digest

CIOs are commanding bigger paychecks than ever before.

Business Intelligence

Epic, Microsoft lead the AI vendor charge into healthcare: KLAS

FTC halts case against PBMs, citing lack of commissioners

Oracle Health denies cloud breached as second attack confirmed

Healthcare AI newswatch: Apple’s AI Doctor, AI’s expectant medical specialties, AI-watching teens, more

Data breach at Oracle Health leads to extortion of hospitals