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.

Blood filtration company fined $5.7M, executive charged, for covering up patient deaths
The U.S. Department of Justice said ExThera cooperated with the investigation into a failure to file adverse event notices with the Food and Drug Administration after two cancer patients who used its blood filtration systems in Antigua died shortly after returning home. The California-based company’s former chief regulatory officer has agreed to plead guilty and could serve prison time.
Nonprofit health system, Nuance Communications agree to $5M settlement after data theft
A fired employee of Nuance, a Microsoft subsidiary, is responsible for stealing records on 1.3 million patients from Geisinger Health in Pennsylvania. He has pleaded guilty as part of a deal with prosecutors.
Labcorp expands use of digital pathology with renewed PathAI partnership
Laborp said the platform from PathAI will allow it to move all laboratory workflow digital, including slide review. The onboard artificial intelligence aims to simplify diagnostics, improving accuracy and turnaround time.
Hospitals accounted for 40% of spike in healthcare spending, far more than any other category: KFF
The study by the nonprofit KFF is focused on the jump in overall healthcare prices from 2022 to 2024, with hospitals leading as a result of both delayed care from the pandemic and an increase in prices for services.
Novartis building massive new radioligand manufacturing facility as part of $23B investment in US
The 46,000 square foot Denton site will be the fifth Novartis has constructed stateside. The company expects it to be fully operational by 2028.

Hospitals operating margins stand at 4.4%, the highest in over a year

The data comes from a report from Chicago-based consultancy firm Kaufman Hall, which releases a monthly analysis on the financial health of hospitals and health systems. Revenue growth is primarily driven by a rise of inpatient encounters.

Kit Crancer, chair of the Radiology Business Management Association Radiology (RBMA) Patient Action Network, and senior vice president of public policy for Rayus, explains RBMA's concerns over how the Trump administration's $1 trillion in cuts to Medicaid will economically impact rural hospitals.

Medicaid and SNAP cuts may eliminate over 1M jobs

According to a report published by the Commonwealth Fund, proposed federal budget cuts will devastate state economies, causing a ripple effect that leaves no industry unscathed.

Edwards Lifesciences Corporation has shared new one-year data on the safety and effectiveness of its Evoque transcatheter tricuspid valve replacement (TTVR) system among patients with tricuspid regurgitation (TR)

CMS approves Medicare coverage for transcatheter tricuspid valve replacement

CMS will cover TTVR for the treatment of symptomatic tricuspid regurgitation on a national level. The agency first proposed such a policy in December, taking time to consider public comments before finalizing its decision.

Clinical support tool for pediatric autism earns $27M from private equity

Motivity is receiving an injection of cash from Five Elms Capital, a software investment firm. The companies said the funds will be used to hire staff and improve products.

Job staffing interview waiting resume hiring workforce

Private equity buyouts increase physician turnover by 265%, study finds

A study by researchers at Brown University and Duke University analyzed the employment records of 200 practices acquired by private equity firms and compared them with unacquired practices to develop some observations.

Healthcare AI newswatch: Ambient AI costs, healthcare AI holdouts, an 86-year-old AI innovator, more

Meet an 86-year-old IT entrepreneur who recently beefed up his AI skills in a challenging postgraduate program.

Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.

Walgreens $10B private equity buyout financed by 83% debt

A filing with the U.S. Securities and Exchange Commission reveals details on how Sycamore Partners intends to pay for the struggling pharmacy chain.

Walgreens confirms $10B sale to PE, as part of $24B transaction

Sycamore Partners will be purchasing the struggling pharmacy chain for $11.45 a share and putting its VillageMD clinics up for sale.

Business Intelligence

Blood filtration company fined $5.7M, executive charged, for covering up patient deaths

Nonprofit health system, Nuance Communications agree to $5M settlement after data theft

Labcorp expands use of digital pathology with renewed PathAI partnership

Hospitals accounted for 40% of spike in healthcare spending, far more than any other category: KFF

Novartis building massive new radioligand manufacturing facility as part of $23B investment in US