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MODERN HEALTHCARE DIGITAL DLY ROUNDUP - AUGUST 31, 2023
Adoption of remote patient monitoring has skyrocketed since the COVID-19 pandemic began. Yet, this surge in telehealth technology is rsing significant billing issues and operational challenges. The healthcare industry is grappling with transparency concerns around remote patient monitoring services.
Bernie Sanders criticized Novo Nordisk CEO for suggesting that lowering drug list prices could harm patients' access to medication. The company has warned that reducing the prices of prescription drugs might have uninted consequences on patients' ability to receive them.
Centivo, a leading healthcare technology company, secured $75 million from Cone Health's venture capital arm and other investors. Its CEO, Ashok Subramanian, anticipates profitability within three years, indicating strong future prospects for innovation in digital health services.
The Federal Reserve's recent interest rate cut might prompt new investment in healthcare infrastructure. However, some hospital systems are adopting a wt-and-see attitude due to uncertnty surrounding the economy.
Hospital-at-home providers and other healthcare organizations are prioritizing worker safety measures. Many home-based care workers fear retaliation for reporting workplace violence, while employers are implementing strategies med at ensuring their employees' safety.
Epic Systems is facing an antitrust lawsuit from Particle Health, which conts that Epic's market dominance hinders competition in the health information technology sector. An Epic spokesperson has vowed to def agnst these allegations.
California lawmakers have sent a bill to Governor Gavin Newsom that targets pharmacy benefit managers PBMs. The legislation regulate and restrict PBMs' practices as they are seen as driving up costs while limiting consumer choice.
The Centers for Medicare Medicd Services CMS announced national compliance dates for Medicd enrollment regulations. This marks the agency's most decisive step agnst state non-compliance following the pandemic, with about 70 of hospitals anticipated to receive penalties under 1.
Sutter Health, a prominent California-based provider system, is reconsidering its relationship with Medicare Advantage plans. The company's CEO, Warner Thomas, argues that a shift from fee-for-serviceis crucial for improving care delivery.
The upcoming Best in Business Awards are now accepting nominations, designed to honor suppliers, vors and partners advancing innovation and efficiency in healthcare. Winners will be featured in the December issue of Modern Healthcare and celebrated at an exclusive event on October 10th in Nashville.
House Republican doctors express frustration over Medicare pay cuts but anticipate only a temporary fix, suggesting a comprehensive overhaul is needed for physician fees.
Modern Healthcare’s Workforce Summit on October 10th in Nashville will bring together industry leaders focusing on forward-thinking solutions to staffing shortages, addressing workplace burnout and enhancing recruitment strategies.
The Chicago event on November 12th explore the transformation of healthcare provider roles, with insights into how organizations are adapting to current trs and evolving patient needs.
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Telehealth Challenges and Billing Issues Post COVID 19 Novo Nordisk CEO Criticized by Bernie Sanders Centivos $75 Million Funding for Digital Health Growth Federal Reserve Interest Rate Cut Influences Healthcare Investments Hospital at home Worker Safety Measures Highlighted Epic Systems Facing Antitrust Lawsuit Over Market Dominance