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.

Walgreens’ $10B acquisition by private equity firm approved by shareholders
Shareholders of the retail pharmacy giant voted in favor of the terms of the sale to Sycamore Partners for $11.45 a share. The deal is expected to close later this year.
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.

Deloitte survey suggests time has come for the CICO—‘chief internal controls officer’

Almost half of U.S. executives working in or close to the C-suite, 44.7%, see AI as the emerging technology most likely to put their internal-control systems at risk over the next 12 months.

This week has seen a cluster of healthcare-related business moves valued in the billions with a B.

artificial intelligence to fight wildfires

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

artificial intelligence physician clinician

Google’s chief clinical officer: Healthcare AI ‘should happen with clinicians, not to them’

Generative AI of the “large language” kind has been an attention hog over the past 10 or 11 months. The buzz has been so loud and constant that it’s all but asking to be dismissed as hype.

healthcare ownership pricing billing transparency

5 reasons healthcare needs ‘ownership transparency’ now

Do you know who owns your personal favorite doctor’s practice? Could it be a healthcare conglomerate? An insurance company? A private equity firm? Amazon?

Who benefits—and who doesn’t—when 2 disparate health systems come together as 1?

It’s easy to see the appeal of cross-market hospital mergers to the marrying partners. How these long-distance entwinements help patients is a separate question.

hospital price transparency comparison shopping

Hospital pricing puzzlers—whether inadvertent or intentional—uncovered in study co-authored by Mark Cuban

Patients browsing shoppable hospital services often get one price online and another over the phone, new research shows.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Business Intelligence

Walgreens’ $10B acquisition by private equity firm approved by shareholders

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