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.

Patient communication AI company receives $65M in funding from private equity
Artera, a company that utilizes AI for patient communications, made the announcement while revealing it has achieved $100 million in annual revenue. Its products use AI for follow-ups after patient care, in addition to supporting clinical decisions.
CVS agrees to pay $38M to resolve insulin over-distribution allegations, DOJ says
Authorities allege the pharmacy chain gave patients more insulin than prescribed and then billed Medicare and Medicaid for the full amounts. This allegedly occurred for more than a decade.
Popular weight-loss drugs don’t tip the scales against Alzheimer’s
Semaglutide alters Alzheimer’s biomarkers but doesn’t slow the disease’s advance.
Abbott acquires cancer diagnostic company Exact Sciences for $21B
The deal will not be finalized until approved by Exact Sciences’ shareholders. With it, Abbott gains control of new diagnostic tools, including a popular at-home test for colorectal cancer.
Trump’s former FDA commissioner joins board of UnitedHealth
Scott Gottlieb, MD, will take on the new position “effective immediately.” UnitedHealth Group did not say what, if any, steering committee the former FDA lead will sit on.

Analysis: Allied radiology professionals generate millions of dollars per year in indirect revenues alone

General radiology technologists taking humble X-rays and working under contract directly boost their organizations’ bottom lines by $626,825 per year.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Healthcare leaders worldwide counting on AI to close ‘critical gaps’ in patient care

A full 85% of 2,800 surveyed across 14 countries say they’re investing in the technology now or planning to do so within three years.

AUC is dead. Long live AUC.

Six months after CMS effectively suspended its Appropriate Use Criteria program, some radiologists are planning to carry AUC principles forward anyway.