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.

UPS Healthcare acquires Canadian supply chain company for $1.6B
Ontario-based Andlauer Healthcare Group ships sensitive temperature-controlled products necessary for healthcare manufacturing and research. It has agreed to be acquired by the world’s largest courier, with the all-cash deal expected to close later this year.
Newswatch: AI for Medicare folk, AI uncertainty at the FDA, generative ghosts, more
AI is making patient financial advisors of hospital administrators who used to work in revenue cycle management.
Newswatch: AI-eager doctors, AI-reticent buyers, AI cost worriers, more
In medicine’s next chapter, AI literacy will separate physician leaders from peer followers.
Walgreens settles DOJ opioid crisis case for $300M
The pharmacy chain was accused of filling “millions” of unlawful prescriptions for opioids and other controlled substances. Despite agreeing to the payout, the company does not admit wrongdoing.
AI newswatch: Lifecyle AI oversight, data matters, AI vs. animals, more
AI may finally end the paper chase caused by prior authorization. Or it may worsen it.

artificial intelligence AI in healthcare

UN effort afoot to address the world’s ‘governance deficit with respect to AI’

The AI advisory board of the United Nations is calling for the creation of a global AI data framework.

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.

Business Intelligence

UPS Healthcare acquires Canadian supply chain company for $1.6B

Newswatch: AI for Medicare folk, AI uncertainty at the FDA, generative ghosts, more

Newswatch: AI-eager doctors, AI-reticent buyers, AI cost worriers, more

Walgreens settles DOJ opioid crisis case for $300M

AI newswatch: Lifecyle AI oversight, data matters, AI vs. animals, more