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.

Labcorp expands use of digital pathology with renewed PathAI partnership
Laborp said the platform from PathAI will allow it to move all laboratory workflow digital, including slide review. The onboard artificial intelligence aims to simplify diagnostics, improving accuracy and turnaround time.
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.

Fortune 500's top 10 healthcare companies

A total of 80 healthcare companies are among those that brought in the most revenue for the fiscal year, according to the magazine's most recent rankings.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

87% of mammography centers now have 3D breast imaging systems

Rapid adoption of digital breast tomosynthesis has increasingly made it a new standard of care.

Layoffs up 287% in first 5 months of 2023; healthcare sector not immune

Healthcare companies, including manufacturers that produce health products, announced a total of 33,085 layoffs in the first five months of 2023—an 81% increase compared to the same time frame in 2022.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Industry Watcher’s Digest

Buzzworthy developments of the past few days.

Center for AI Safety extinction statement

Tech thought leaders issue terse warning on humanity’s ‘risk of extinction’ at the hands of AI

Several hundred AI experts, stakeholders and commentators are alerting the world to the technology’s potential for widespread harm.

private health insurance claims denial delay

Hospitals set back by private payers’ penchant for declining claims, delaying payments

Commercial health insurers tend to reimburse providers considerably more per service than their governmental counterparts. However, they’re also much more likely to initially deny claims.

Business Intelligence

Labcorp expands use of digital pathology with renewed PathAI partnership

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