The newly announced incentive program aimed at attracting registered nurses to nursing homes is complicated by long-term care advocates about how it affects other environments, including assistance in living It brings out opinions like this. On Wednesday, the Centers for Medicare and Medicaid Services announced that nursing students will be offering up to $40,000 in tuition refunds and/or a complete $10,000 for working in nursing homes and state research institutions. The announcement came shortly after CMS' unveiling of the new nursing home staff ring campaign in December to help skilled nurses and state labs recruit and educate nurses. . However,…
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From building consensus on the definition of responsible artificial intelligence to building consensus on use cases for semi-autonomous medical AI, even in these polarized times as we look to 2025, industry and government are on the path to shared values. “Looks like we're moving towards that,” said Brian Anderson, CEO of the Coalition for Healthcare AI. “Policymakers and regulators need to understand and embrace this kind of framework that is being developed in the private sector for what responsible AI looks like in health,” Anderson told Healthcare IT News. We need to develop a regulatory framework around this.” Match to…
TORONTO, ON, Jan. 9, 2025 (Globe Newswire) — LifeLabs President and CEO Charles Brown has been named one of the “Top 50 Healthcare Technology CEOs of 2024” by The Healthcare Technology Report. I'm glad that it happened. . This year, The Healthcare Technology Report received hundreds of nominations and selected winners based on leaders' recent and long-term performance on key dimensions, business growth, product strength, and organizational impact. Selected. “I am truly honored to receive this award and to be chosen among such a distinguished list of leaders,” says Charles. “This recognition is not just an individual accomplishment, but reflects…
When it comes to data, perhaps no other sector has as much data, divided into so many separate silos, as the healthcare industry. Hundreds of millions of patient records are stored in various electronic health records (EHRs) managed by vendors such as Epic, Cerner, and Athena. Insurers maintain extensive data sets regarding coverage, reimbursement rates, and patient demographics. Pharmacies and laboratories provide further data points on drug usage and diagnostic results. Over the past decade or so, multiple companies have attempted to unify all patient data across health systems and practices, but in recent years San Francisco-based Innovaccer has taken…
This article is part of Bain’s 2025 Global Healthcare Private Equity Report. Global healthcare private equity (PE) soared in 2024 to an estimated $115 billion, reaching the second-highest deal value total on record. This surge was propelled by an increase in the number of large deals. In total, five transactions exceeded $5 billion, compared with two deals in 2023 and one in 2022. However, this number would likely be higher if terms were disclosed on the recent addition of new investors Mubadala, Norwest, and HarbourVest to Bain Capital and Parthenon Capital’s portfolio company, Zelis. North America…
Dublin, Jan. 09, 2025 (GLOBE NEWSWIRE) — The “Smart Pills Market Forecast 2024-2032” report has been added to ResearchAndMarkets.com’s offering.The global smart pills market was valued at USD 1.07 billion in 2023. The market is projected to grow at a robust CAGR of 16.2% during the forecast period of 2024-2032, reaching approximately USD 4.13 billion by 2032. This growth is driven by the increasing prevalence of chronic conditions such as gastrointestinal disorders and the rising global incidence of addiction, which are contributing to the growing demand for innovative diagnostic and treatment solutions offered by smart pills. Some of the major…
MILWAUKEE — A local technology startup has developed a way to streamline health care in developing countries.More than a decade ago, Codebaby founder Norrie Daroga envisioned using avatars to bridge the communication and information gap.Ms. Daroga partnered with Father Bill Johnson, who has been traveling to the Dominican Republic for the past 25 years. He knows firsthand how little access to health care can be for local residents, who must travel miles through rugged terrain to receive treatment.Video: Local 'startups' impacting the healthcare industry Local “startups” impacting the healthcare industry To deal with this health crisis, Father Bill is piloting…
Monday, June 26, 2023, in Temple Hills, Maryland, for a medical bill. Jacqueline Martin/AP Hide caption toggle caption Jacqueline Martin/Associated Press The Consumer Financial Protection Bureau announced Tuesday that it will give millions of Americans a fresh start by removing medical debt from their credit reports. About 15 million Americans will have an estimated $49 million in medical expenses removed from their credit reports, the agency said. The CFPB's new rules prohibit credit agencies from listing medical debt on credit reports and prohibit lenders from using medical information against borrowers seeking loans. This is a further step forward from a…
Northeast Georgia Health System and Longstreet Clinic are now working toward what officials are calling a “more formal collaboration structure” following an agreement announced this week. NGHS officials said Longstreet has signed a letter of intent to pursue a more formal structure, deepening the ties between the two providers, who have collaborated at some level since Longstreet opened its doors more than 30 years ago. It is said that “NGHS and Longstreet Clinic have a rich tradition of providing care throughout our region for generations. Beyond geography and patients, we are committed to quality, emphasis on safety, , we share…
Listen to the article 19 min This audio is auto-generated. Please let us know if you have feedback. Health insurers had a tumultuous 2024. The industry was buffeted by sweeping policy changes that pressured reimbursement, while higher medical utilization drove costs up. And by year’s end, payers found themselves engulfed in a firestorm of public anger over controversial business practices. The challenges slammed insurers’ value on Wall Street. Stocks in managed care companies significantly underperformed the rest of the market last year, falling about 13% compared to 23% growth for the S&P 500. But things are looking up for payers…