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.

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.
FDA announces recall on infusion systems after software anomaly injures 2 patients
The recall has been designated as the most serious, Class I, but the issue can be remedied with a software update. The affected devices are Ivenix Large Volume Pumps manufactured by Fresenius Kabi.
Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog
Sycamore Partners took over the struggling retail pharmacy chain roughly six months ago, and the Private Equity Stakeholder Project fears early staffing cuts and store closures could spell trouble for the long-term health of the newly restructured business.
Ohio health system sued by DOJ over alleged antitrust violations related to payer contracts
The U.S. Department of Justice and the state attorney general's office allege OhioHealth used its position of market dominance to pressure commercial plans into always keeping its hospitals and clinics in-network, even when competitors offer services for a better rate.

Eli Lilly releases cheaper, single-use vials of weight loss drug

The new vials of Zepbound are available exclusively through the Eli Lilly telehealth platform.

artificial intelligence AI money brain dollar

Johns Hopkins, CareFirst partner with venture capital for ‘AI accelerator’ program

The 13-week course will be held in Baltimore sometime in March 2025. Healthcare AI startups have until Nov. 20 to apply.

Maryland hospital settles ransomware lawsuit for $2.25M

Atlanta General Hospital does not admit wrongdoing. However, it has agreed to settle a class-action lawsuit brought by victims of a January 2023 data breach.

AI artificial intelligence Google DeepMind

Industry Watcher’s Digest

The Department of Energy is concerned about AI’s mammoth appetite for, well, energy.

C-suite surveyors: AI ‘continues to excite healthcare leaders’

AI and patient care are “top of mind” for healthcare executives in 2024. The pairing seems opportune, since the surveyed leaders see the burgeoning technology as a key tool for improving the perennial mission.

merger acquisition handshake deal business agreement partnership

McKesson buys $2.5B stake in physician-owned oncology network

The company has entered into a definitive agreement to purchase Core Ventures, resulting in the Florida Cancer Specialists & Research Institute aligning with its oncology network.

Industry Watcher’s Digest

The NIH’s Office of Science Policy recently posted some essential new guidance for healthcare researchers.

artificial intelligence AI in healthcare kaiser permanente daniel yang md

7 points of positivity likely to win buy-in for healthcare AI

Kaiser Permanente AI exec Daniel Yang, MD: ‘With a focus on building trust, we use AI only when it advances our core mission of delivering high-quality, affordable healthcare services.’

Business Intelligence

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

FDA announces recall on infusion systems after software anomaly injures 2 patients

Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog

Ohio health system sued by DOJ over alleged antitrust violations related to payer contracts