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.

Samsung buys Xealth to integrate consumer wearables and clinical data
Xealth’s data sharing platform will be used to make use of health information gathered from everyday devices like the Samsung Galaxy Smartwatch, the companies said.
CVS hit with $949M judgment over fraudulent Omnicare prescriptions
The pharmacy chain said it plans to appeal the ruling. The complaint was brought by a former employee turned whistleblower who alleged that Omnicare had billed the government for millions of unnecessary prescriptions.
Report: DOJ questioning doctors linked to possible Medicare fraud at UnitedHealth
According to the Wall Street Journal, the OIG and FBI are also involved in the DOJ's criminal probe into alleged incidents of upcoding by the Medicare Advantage insurer. UnitedHealth denied any wrongdoing.
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.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Healthcare growth slows, but June adds 49,000 new jobs

For the last year, the average monthly growth has been 64,000 new jobs. However, healthcare continues to outpace most other sectors of the economy.

artificial intelligence AI in healthcare

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Elusive quadruple aim revisited for the generative AI era

Is U.S. healthcare capable of achieving its own quadruple aim? Or is that ideal destined to remain a perpetual pursuit, always chased but never really caught?

Vacant Walmart Health clinics attracting interest from insurers

Citing people familiar with the matter, a report said the retailer has spoken with Humana about potentially buying Walmart’s empty clinics.

Cano Health emerges from bankruptcy, achieves $270M in cost reductions

On June 28, a court approved the company’s restructuring plan. Cano Health initially filed for bankruptcy in February 2024.

Former Microsoft employee arrested for stealing 1.2M patient records

A former employee at Nuance Communications, a Microsoft subsidiary, stands accused of taking patient data from Geisinger Health system shortly after their termination.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Business Intelligence

Samsung buys Xealth to integrate consumer wearables and clinical data

CVS hit with $949M judgment over fraudulent Omnicare prescriptions

Report: DOJ questioning doctors linked to possible Medicare fraud at UnitedHealth

Private equity firm buys health data analytics company Arcadia

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