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Finance execs are focused on cutting costs through technology
Healthcare finance leaders are increasingly focused on cutting costs, with 38% identifying it as their top priority, according to U.S. Bank’s latest CFO Insights Healthcare Report.
Artificial intelligence has emerged as a critical area of investment, w…
Healthcare CFOs shift priorities as margin pressures increase
Healthcare chief finance officers (CFOs) have moved cost reduction, consistently among the top three priorities for the past three years, to the bottom of the list of concerns.
Healthcare cyberattacks are costing an average of $11 million per breach
The global healthcare sector experienced a staggering 1,613 cyberattacks per week in the first three quarters of 2023, nearly four times the global average, and a significant increase from the same period the previous year, according to a KnowBe4 report.
Healthcare leaders target AI and automation to address financial, operational pressures
Healthcare leaders are increasingly turning to automation and AI technologies to address the significant financial and operational pressures caused by staff shortages, according to Philips’ Future Health Index 2024 report.
Telehealth boosts outcomes, spending, as regulatory flexibilities are in question
The rapid adoption of telehealth services, accelerated by the COVID-19 pandemic, has had a positive result on outcomes and resulted in a boost in healthcare spending, according to a report in Health Affairs.
The researchers investigated the relationshi…
Racial disparities put further strain on primary care
Racial disparities in healthcare access, quality and outcomes are still prevalent across the United States, reflected notably in the sharp racial divide in premature deaths, according to the Commonwealth Fund’s 2024 State Health Disparities Report.
Moving beyond financial incentives to engage specialists in ACOs
Accountable Care Organizations are struggling to find specialists to improve value-based care, although it is a top priority Centers for Medicare and Medicaid Services.
Ambience secures $70 million in funding from Optum, OpenAI Startup Fund
Artificial intelligence technology specialist Ambience Healthcare, which specializes in AI-powered applications and an operating system to improve system efficiency for organizations, announced a $70 million funding round.
The Series B round was led b…
Medicare beneficiaries to receive Part D out-of-pocket cap
Beneficiaries with Medicare Part D are poised to reap significant savings with the implementation of a $2,000 out-of-pocket spending cap for prescription drugs covered under the program, which is slated to take effect in 2025.
This provision, signed in…
Medicare Advantage growth raises critical financial questions
In the coming year, more than half of Medicare’s 66 million beneficiaries may opt for private Medicare Advantage plans, a development likely to put further strain on an already overstretched healthcare system, according to a report in the New England J…
