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 shareholders approve $10B acquisition by private equity firm
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.

artificial intelligence bipartisan regulation congress

Is regulating AI one pursuit that can unite a polarized Congress? 5 reasons to hope so

America’s two major political parties are talking in practical unison about working things out over a common cause.

Bristol Myers Squibb joins others suing US government over portions of the Inflation Reduction Act

The Drug Price Negotiation Program already has changed how the company considers the development of future oncology programs and medications.

artificial intelligence healthcare industry news

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

ChatGPT excels at differential diagnostics in hard cases

Today’s generative AI—namely ChatGPT-4—is pretty darned good at parsing out probable diseases in difficult-to-diagnose patient cases.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

artificial intelligence hospital patients

Implementing point-of-care AI? 5 firm facts to keep in mind

If healthcare AI is to flourish outside of academic research settings and industry R&D departments, it will need to win over its most difficult-to-impress audience: healthcare workers in hospitals.

Despite rising expenses, hospital operating margins are stabilizing, report shows

Prior to March and April of 2023, operating margins sat in the red for 15 consecutive months.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Business Intelligence

Walgreens shareholders approve $10B acquisition by private equity firm

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