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.

Community Health Systems sells ambulatory diagnostics segment to Labcorp for $194M
The all-cash deal is expected to be finalized in April 2026. With this divestment of its ambulatory labs, Tennessee-based Community Health Systems said it will be better able to focus on its core patient care business.
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.

9 notable quotes from 1 big day at an epicenter of AI in healthcare

As AI continues augmenting the expertise of healthcare professionals, look for it to go further and do nothing less than “enhance humanity.”

Jerry Blackwell, MD, MBA, FACC, president and CEO of MedAxiom, said iIt is no longer enough to just be a cardiologist making clinical decisions, they also need to be much more aware the business side of healthcare. #Cardiologybusiness #CVBusiness #CMS #Cardiology #ACC #ACC2024 #Medaxiom

Business concerns over costs and thin margins means it is no longer enough to just be a cardiologist

Cardiologist Jerry Blackwell, MD, president and CEO of MedAxiom, believes cardiologist can't just focus on clinical decisions, as they also must be aware the financial ramifications.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Rand releases bracing analysis of hospital prices; AHA repudiates approach, methodology

The Rand Corporation is reporting that, in 2022, employers and private insurers paid hospitals an average 254% more than what Medicare would have spent for the same services in the same facilities.

PaceMate names former Philips, BioTelemetry leader its new chief commercial officer

JR Finkelmeier has more than 20 years of experience in the healthcare and medical device industries.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Almost 80% of knowledge workers bring their own GenAI to work

Around the world, 3 of 4 workers who routinely handle information are now using generative AI on the job. And almost half of them are new to the technology, having begun using it only over the past half-year.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Business Intelligence

Community Health Systems sells ambulatory diagnostics segment to Labcorp for $194M

Patient communication AI company receives $65M in funding from private equity

CVS agrees to pay $38M to resolve insulin over-distribution allegations, DOJ says

Popular weight-loss drugs don’t tip the scales against Alzheimer’s

Abbott acquires cancer diagnostic company Exact Sciences for $21B