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.

Private equity firm buys health data analytics company Arcadia
With the buyout, global private equity investor Nordic Capital makes a big bet on healthcare AI. Arcadia said the influx of cash will be used to improve its technology and find new sources for data it can use for quality care initiatives.
Healthcare AI today: Mayo book, fraud busting, ‘shapeless monsters,’ more
Some AI researchers have taken to calling certain LLMs ‘Shoggoths.’ Be afraid. Be very afraid.
Philips and Medtronic extend 30 year patient monitoring partnership
The two companies will continue combining components to make patient monitoring systems, under the new terms of the expanded deal that includes a "pledge program" to improve quality.
Best Buy Health sells at-home tech company back to founder
Current Health—purchased by Best Buy for $400 million in 2021—is set to become an independent company again, with co-founder Christopher McGhee taking over. The electronics retailer appears to be backing away from remote patient monitoring services, shifting its healthcare division's focus to consumer products that improve the lives of seniors.
Healthcare AI today: Aggressive AI spenders, backend AI in healthcare, life-saving AI, more
The U.S. is one of 23 countries that consider workforce AI training and education only a medium priority. Indeed, our homeland has a less detailed plan than 13 other nations.

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.

View from the C-suite: AI, automation key to getting, staying ahead of RCM issues

Healthcare executives have big plans for technology in their revenue cycle management operations.

Business Intelligence

Private equity firm buys health data analytics company Arcadia

Healthcare AI today: Mayo book, fraud busting, ‘shapeless monsters,’ more

Philips and Medtronic extend 30 year patient monitoring partnership

Best Buy Health sells at-home tech company back to founder

Healthcare AI today: Aggressive AI spenders, backend AI in healthcare, life-saving AI, more