Health

What is a “digital practitioner”? – Healthcare Economist

[ad_1] The FDA estimates that 50% of all 3.4 billion worldwide smartphone users have downloaded a health app. Do these apps work? Even if they work for the average patient, will they work for you? And with whom could you discuss your app-based treatment options? To answer these questions, in the future you may need a referral to a digital practitioner, a health provider trained at evaluating diferent mHealth apps.
Health

Lilly cancer drug with accelerated approval fails in confirmatory trial

[ad_1] A drug that won accelerated approval from the Food and Drug Administration two years ago has failed in a trial designed to prove its efficacy. Indianapolis-based Eli Lilly & Co. said Friday that a Phase III trial of the drug, Lartruvo (olaratumab), in patients with advanced or metastatic soft-tissue sarcoma, also known as STS, did not confirm the benefit shown in the randomized Phase II trial that led to
Health

Consumers don’t fully trust healthcare chatbots, study finds

[ad_1] A new report from UserTesting, a company offering an on-demand human insight platform, found healthcare chatbots aren’t quite meeting users’ expectations, particularly when it comes to trust, handling complex conditions and usability. UserTesting ran a study of five healthcare chatbot apps: Ada, HealthTap, Mediktor, Your.MD and Symptomate. Five hundred consumers evaluated the apps on ease of use, speed, credibility, aesthetics and delight. Participants were given a list of symptoms for
Health

WEX snaps up Discovery Benefits for $425 million

[ad_1] Global payments services company WEX has acquired Fargo, North Dakota-based employee benefits administrator Discovery Benefits for $425 million. Discovery Benefits provides account administration for consumer-directed benefits like flexible savings accounts and health savings accounts.  The company earned roughly $100 million in revenue in 2018 and offers its services to more than one million consumers across the country. The deal is expected to close in the first quarter of 2019, subject
Health

Quotation of the Day – Healthcare Economist

[ad_1] The first Quality of an Historian is to be true & impartial; the next to be interesting.David Hume The same could be said of any researcher or even blogger (at least those bloggers like myself focused on advancing knowledge). I found this quotation in the very interesting book The Infidel and the Professor: David Hume, Adam Smith and the Friendship that Shaped Modern Thought. Very interesting. [ad_2] Source link
Health

Are GPOs, PBMs part of the drug cost problem or the solution?

[ad_1] The middlemen of group purchasing organizations and pharmacy benefit managers remain a central part of the drug pricing and shortage debate. Like Premier, other GPOs and wholesale distributors have created private drug labels. They contract directly with a manufacturing company to make a generic drug under their own brand—just one of the ways they can affect the supply of drugs. When a shortage occurs, GPOs say they work closely
Health

Q&A: Sanford Health’s Krabbenhoft discusses growth, acquisition

[ad_1] Kelby Krabbenhoft has guided Sanford Health with a steady hand for the past two decades. During that time, the Sioux Falls, S.D.-based integrated delivery system has grown its footprint to become one of the dominant players in the upper Midwest. The 2009 merger with Fargo, N.D.-based MeritCare led to an organization that now boasts $4.5 billion in revenue. And just this month, Sanford closed on its acquisition of the
Health

Congressional advisory panel takes up DSH allotments

[ad_1] Jan. 22: When Big Pharma's Johnson & Johnson reports Q4 2018 earnings, Wall Street watchers are expecting modest gains, with some reports suggesting single-digit revenue growth.Jan. 23: Health IT company NextGen Healthcare is also expected to deliver relatively flat earnings. Zacks Investment Research pegged Q4 revenue at $130.79 million, down 0.7% from the prior-year period.Jan. 24: The good news: Teens seem to be drinking less. Last year, 23% of
Health

Hospital-insurer collaborations can reduce readmissions, cut costs

[ad_1] Hospitals and health insurers are commonly portrayed as adversaries in our nation's healthcare system. Our patients and plan members are one and the same, yet their commonality is often overshadowed by competing priorities.Hospitals must cover costs for technology, staffing and facilities, while also funding their mission to care for under- and uninsured patients. Health plans must keep a watchful eye on payments to hospitals and physicians, so they can
Health

Health systems fire up business incubators

[ad_1] It wasn't too long ago that executives for healthcare startup Aiva were coming off a stint in Cedars-Sinai's business accelerator program, in which they received $120,000 in seed money, guidance and office space from the Los Angeles-based healthcare organization to develop their idea. Now, just over a year later, their prospects are even brighter, having gotten funding from Amazon and Google, two names that are likely to open more
Health

New chairs of House committees set sights on drug prices

[ad_1] House leaders picked their committee chairs last week. Here's a look at who holds the gavel on key healthcare committees and their likely agendas.House Oversight and Reform CommitteeChair Rep. Elijah Cummings (D-Md.) The panel has already set a hearing on high drug costs. Cummings has beat the drum on the issue for years and met with HHS Secretary Alex Azar last week to discuss the issue. Rep. Raja
Health

Music therapy program for preemies to offer home therapy

[ad_1] Dave Barfield/Lonely Fox Studios In Florida, a pioneering music therapy program for premature infants is taking a step outside the hospital.Florida State University's College of Music has partnered with FSU's College of Medicine's neonatal intensive-care unit at Tallahassee Memorial HealthCare to expand its Medical Music Therapy program. The program will now help babies after they leave TMH. The expansion is a result of funding from an FSU dance marathon.
Health

CMS, Yale New Haven Health on hot seat over design of quality measures

[ad_1] The CMS' long-standing hospital readmissions penalty program has taken quite a beating recently from members of the research community over problems with its underlying measures.But while criticism of the program has escalated, not everyone has joined the bandwagon. Dr. Harlan Krumholz, a well-known researcher at Yale New Haven Health, passionately defends the measures, and with good reason: He led the group that helped the CMS develop the readmission measures
Health

How have pharmaceutical innovation affected mortality in the Middle East and Africa? – Healthcare Economist

[ad_1] Although the high cost of pharmaceuticals is often in the news, these costs are offset by improved health benefits. However, it may not be clear the extent to which new pharmaceutical products lead to improved health at the national level. A paper by Lichtenberg (2018) aims to examine this question looking at the introduction of new chemical entities (NCE)–or new drugs in layman’s terms–on patient health outcomes. The primary
Health

How the CMS picks winners of valuable quality measure contracts

[ad_1] Healthcare quality analysts say favoritism toward incumbents and fear of disrupting the status quo are major reasons why the same groups are repeatedly selected to develop and maintain CMS' quality measures. It's easier for incumbents to be selected over newcomers because of how the contracts are designed, said Francois de Brantes, senior vice president of commercial business development at healthcare consultancy Remedy Partners. The contracts the CMS uses for
Health

Civica Rx aims to stabilize fragile pharmaceutical supply chain

[ad_1] Too many times Dr. Martin Makary has had to explain to a patient why he can't prescribe the drug he or she needs. On a weekly if not daily basis, doctors like Makary have to navigate around drug shortages caused by a manufacturing hang-up, recall or an unexpected price hike. They must search for alternative therapies, which may not be as effective, trusted or affordable. Clinicians are often in
Health

CMS approves Arizona’s tough Medicaid work requirement

[ad_1] Arizona on Friday became the eighth state to receive CMS approval for a waiver to establish a Medicaid work requirement.The Section 1115 waiver also shrinks retrospective eligibility for some Medicaid applicants from 90 days prior to application to the beginning of the month in which the application is filed. Similar provisions, which are opposed by hospitals, have been included in other state "community engagement" waivers.Starting as soon as Jan.
Health

Opioid deaths linked to drug marketing to physicians, study

[ad_1] A new study suggests hospitals and regulators should do more to limit drugmakers' marketing interactions with physicians, after finding a link between marketing and high prescribing rates and overdose deaths in those areas. For every three additional payments made to physicians per 100,000 people in a county, opioid overdose deaths increased by 18%, according to findings published Friday in JAMA Network Open. The payments most often came through
Health

KPC Group offers $610M for four Verity Health hospitals

[ad_1] KPC Group offered a $610 million bid to purchase four hospitals owned by bankrupt California health system Verity Health.Verity filed a motion Thursday in Los Angeles bankruptcy court to implement a public auction where other buyers could outbid KPC for Francis Medical Center in Lynwood, St. Vincent Medical Center in Los Angeles, Seton Medical Center in Daly City and Seton Coastside in Moss Beach. The winning bid is subject
Health

Fitbit and NIH boost precision medicine research partnership

[ad_1] San Francisco, California-based wearables company Fitbit has partnered with the National Institutes of Health on the organization’s All of Us Research Program, which seeks to gather health data from one million Americans to accelerate and improve research into precision medicine. As the first wearable to be included in the program, Fitbit users can now link their accounts to the project to help researchers better understand the relationship between fitness
Health

Silicon Valley edtech Coursera is trying to change healthcare education

[ad_1] With all the new headlines about new developments in healthcare, it’s no surprise that the speed of medical knowledge creation has reached breakneck speeds. In 1950, the estimated amount of time it would take to double medical knowledge was 50 years. By 1960 it was 10 years. Now the projected time it will take to double medical knowledge in 2020 will be under three months. As part of an
Health

CVS and Walmart resolve short-lived reimbursement dispute

[ad_1] CVS Health and Walmart have made up mere days after announcing a bitter break-up. The two companies said they inked a new multi-year contract on Friday, allowing certain CVS pharmacy benefit management customers to continue filling prescriptions at Walmart drugstores."This new agreement accomplishes our top priority and enables Walmart to continue participating in CVS Caremark's commercial and managed Medicaid pharmacy networks and provides enhanced network stability for our clients
Health

MedPAC members consider arbitration to control drug prices

[ad_1] Members of the Medicare Payment Advisory Commission stressed that the panel needs to explore how to lower drug prices for hospitals covered under Medicare Part A, with some members floating binding arbitration as a possible idea. The commission met on Friday to discuss the next set of recommendations on drug pricing to send to Congress in its June 2019 report. Members mulled over a slew of policy ideas on
Health

Celgene, following BMS buyout, forms two immuno-oncology partnerships

[ad_1] Fresh on the heels of the first major biopharma acquisition deal of the year, Celgene has entered two partnerships with companies involved in immuno-oncology. On Friday, Kyn Therapeutics and Obsidian Therapeutics – based respectively in Boston and Cambridge, Massachusetts – said they had formed collaborative agreements with Celgene. Bristol-Myers Squibb agreed to acquire Celgene for $74 billion earlier this month. Under the Kyn agreement, Celgene will pay the company
Health

UC San Diego Health Celebrates Opening Of New Senior Emergency Care Unit

[ad_1] UC San Diego Health recently has opened a new unit in La Jolla, Calif., which specializes in treating seniors requiring emergency healthcare. The Gary and Mary West Emergency Department at UC San Diego Health is the first in California to treat qualifying patients over the age of 65 in a dedicated space customized for geriatric emergency care. The geriatric emergency department features architectural design elements for older patients. The
Health

Azar’s reference drug pricing model makes inroads with GOP

[ad_1] The Trump administration's aggressive proposal to tie U.S. drug spending through Medicare to the much lower prices paid by other countries piqued interest and launched discussions this week among Senate Republicans.GOP members of the Senate Finance Committee met with HHS Secretary Alex Azar on Tuesday and some were cautiously open to the plan, as they focused on the theme that Americans shouldn't be paying for the research and development
Health

New York maternal mortality review board aimed at clinical, social change

[ad_1] Creating a state maternal mortality review board is part of a broader strategy to address health in New York.The state's executive budget calls for enacting legislation to create the board.New York currently ranks 30th in the country when it comes to maternal mortality rate."The U.S. Centers for Disease Control and Prevention has determined that a regular process for professional, multidisciplinary, confidential review of all maternal deaths can help identify
Health

NYC Health & Hospitals proposes changes to charity-care payments

[ad_1] A fight over which hospitals bear the brunt of federal cuts to Medicaid disproportionate-share hospital payments could linger throughout the year if Congress doesn't restore billions in funding that is set to be reduced Oct. 1.NYC Health & Hospitals on Wednesday told the City Council why a state formula that determines how the state distributes disproportionate-share hospital payments needs to change. The program is intended to offset costs incurred
Health

Senate health committee leaders introduce key funding bill

[ad_1] This year's healthcare package started taking shape Friday as the leaders of the Senate health committee introduced a bill that includes five years of funding for community health centers. The Health, Education, Labor and Pensions Committee will hold a hearing on the legislation on Jan. 29.Committee Chair Lamar Alexander (R-Tenn.) and ranking Democrat Sen. Patty Murray of Washington laid out extensions of programs under their panel's jurisdiction that are
Health

Ed Anderson Joins EUA As Healthcare Market Leader

[ad_1] Ed Anderson has joined Eppstein Uhen Architects (EUA) as healthcare market leader. He has more than 27 years of integrated design experience and in his new role he will work with healthcare organizations to understand strategic goals and develop the right evidence-based solutions. Anderson joins EUA after 25 years at Erdman as a project executive, where he was responsible for the management of all project resources.   [ad_2] Source
Health

Part D plans would take on more financial risk under new CMMI model

[ad_1] Updated at 10:10 a.m. ETThe CMS Innovation Center on Friday announced a new model to try to shrink skyrocketing Medicare Part D drug spending, and expanded the scope of its so-called value-based insurance design model for Medicare Advantage plans while also rolling it out over all 50 states.The strategy for Part D—framed as a step in the Trump administration's blueprint to lower prescription drug prices—targets the high spend in
Health

Steven Wilson Elected To DBIA’s Board Of Directors

[ad_1] The Design-Build Institute of America (DBIA) has elected Steven Wilson, HMC Architects’ principal, associate DBIA, to its Western Pacific Region board of directors. The DBIA Western Pacific Region is a membership organization founded to advocate and advance single source project delivery within the design and construction community. Wilson has led several hospital replacements, renovations, and upgrades for major healthcare providers. A healthcare architect with more than 20 years of
Health

Digital medicine startup Proteus Digital Health pushes into oncology

[ad_1] Silicon Valley startup Proteus Digital Health has partnered with Fairveiw Health Services and the University of Minnesota Health system to provide its digital medicine technology to cancer patients to support chemotherapy treatments. Proteus creates so-called smart pills, ingestible digital sensors that can track medication adherence and activity levels. Based in Redwood City, California, the company has raised nearly $500 million from investors like pharmaceutical heavyweights Novartis and Otsuka. Some
Health

FDA gets closer to making naloxone available over the counter

[ad_1] The Food and Drug Administration is setting the table for the over-the-counter purchase of the drug overdose-reversal medication naloxone, which would expand access to the lifesaving drug.The agency on Thursday announced a change to the labeling of naloxone that eventually would allow for over-the-counter use as a nasal spray and as an auto injector. "Naloxone is a critical drug to help reduce opioid overdose deaths" said FDA Commissioner Dr.
Health

MedPAC recommends consolidating Medicare quality programs

[ad_1] The Medicare Payment Advisory Commission on Thursday recommended that Congress pass legislation to consolidate most of Medicare's value-based quality programs and boost payments for high-performing hospitals.The panel voted unanimously to recommend Congress place the hospital quality initiatives into one program called the Hospital Value Incentive Program (HVIP), which would link Medicare payments to the quality of care hospitals provide. The new incentive program would consolidate the existing programs to
Health

Tyson: Kaiser’s Oakland housing initiatives first step toward national model

[ad_1] Kaiser Permanente CEO Bernard Tyson said Thursday he sees the organization's recent initiatives to address homelessness and housing instability in the Bay Area as a first step toward developing "an ecosystem" of supports that could spread throughout Kaiser's national network.This week, Kaiser unveiled the first three of its projects aimed at reducing homelessness and preventing displacement that are being funded by the $200 million Thriving Communities Fund the system
Health

Healthcare groups, hospitals tell president, Congress to end shutdown

[ad_1] Hundreds of groups including the major healthcare industry associations and hospitals sent letters Thursday to Congress and President Donald Trump urging an end to the partial government shutdown, citing health consequences from the lapsed funding.The shutdown that has stopped funding for the U.S. Food and Drug Administration, the Indian Health Service (IHS), EPA and other major agencies is now the longest government shutdown on record."We fear a prolonged shutdown
Health

CMS wants to cut ACA exchange fees, end silver-loading

[ad_1] The CMS issued a proposed rule on Thursday that would cut Affordable Care Act user fees and laid the groundwork to eliminate "silver-loading."In its proposed notice of benefit and payment parameters for ACA exchanges in 2020, the agency proposed reducing the exchange user fee that is charged to health insurers to fund the health insurance exchanges. That would help lower consumer premiums in 2020, the agency said.The CMS also
Health

MedPAC recommends boosting long-term care hospital payments in 2020

[ad_1] The Medicare Payment Advisory Commission decided to recommend Congress make a 2% payment hike for long-term care hospitals because there were concerns over whether the current payment rates are adequate. If Congress followed the recommendation, which passed unanimously during the commission's January meeting on Thursday in Washington, it would increase the base payment rate by 2% compared to current levels in fiscal 2019. Commission staff originally recommended during MedPAC's
Health

Robert H. And Judy Dow Alexander Cancer Center Completes Renovations

[ad_1] Renovations on the Robert H. and Judy Dow Alexander Cancer Center at the St. Joseph Mercy Ann Arbor‘s hospital campus  in Ypsilanti, Mich., are now complete. The expanded 66,000-square-foot cancer center was designed for growth and to enhance the facility’s cancer research and treatment facilities. The $24 million remodeling project features a new infusion center 22 private bays, 38 exam rooms, and a separate entrance and exit for patients.
Health

Despite market uncertainty, healthcare CEOs of all stripes remain upbeat about 2019

[ad_1] The market gyrations and the shutdown. The trade wars and global uncertainty. None of the above has squashed the sunny optimism that a group of healthcare CEOs demonstrated at a roundtable discussion during the annual J.P. Morgan Healthcare Conference in San Francisco last week. “Everyone agrees that Q4 was ugly but the reality is that was probably temporary and an overreaction to a variety of different things [including the
Health

San Francisco insuretech startup Limelight Health raises $33.5M Series C

[ad_1] The technology used to manage and sell employee benefits to small and medium-sized business has long lagged behind the times. But recently, innovation in the industry has been accelerating, driven in part by increased investment and interest from traditional power players in the benefits space. One example of this trend has been the growth and development of insuretech startup Limelight Health, which has developed a technology to help benefits
Health

MedCity News launches biopharma-focused newsletter

[ad_1] Although MedCity News has always covered the broad spectrum of the business of healthcare and healthcare innovation, its coverage of medical technology and digital health has always figured more prominently than its biopharma coverage. But the latter got a signal boost Wednesday with the launch of our all-new Biopharma Newsletter. The newsletter will showcase both stories produced by our in-house reporters – especially myself, MedCity’s senior reporter covering the
Health

EpxCOPD minimizes preventable hospitalizations with remote patient monitoring

[ad_1] It can be extremely challenging for both patients and medical professionals to comprehensively manage or prevent COPD-related hospitalizations, particularly within high-risk populations. To address this issue, Epharmix developed EpxCOPD, a unique, evidence-based remote patient monitoring tool. Clinicians at Washington University School of Medicine and Saint Louis University School of Medicine implemented EpxCOPD, which is designed to track patients’ daily breathing status as part of efforts to minimize preventable hospitalizations. EpxCOPD functions
Health

How Trump’s war 
on immigrants 
will harm healthcare

[ad_1] Just as President Donald Trump's tariffs are wreaking havoc with American farmers and many manufacturers, his misguided immigration policies will inevitably impose a large and unnecessary burden on the nation's healthcare system.Rural communities, where support for the president has been strongest, will feel the pain first. But it will also ripple through major cities, where the healthcare workforce has become highly dependent on a steady stream of physicians, nurses
Health

Government shutdown could make hospitals wait longer for new generic drugs

[ad_1] By Robert King  | January 17, 2019 Hospitals may have to wait longer to obtain new, generic copies of pricey drugs because of the lingering government shutdown.The U.S. Food and Drug Administration is still reviewing and approving generic-drug applications submitted before the partial government shutdown, now in its 27th day, began in December, thanks to user fees that drugmakers pay to the agency. However, the FDA is not able
Health

Regulations.gov causes confusion with false notice it was closed

[ad_1] Regulations.gov, the website used to view and submit comments on federal regulations and rules, will be shut down for at least 24 hours due to technical difficulties, according to the Environmental Protection Agency, which manages the site.But a technical glitch caused major confusion when the website put up a landing page on Thursday that said it was shuttering because of the nearly monthlong government shutdown. The landing page has