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Synaptic Health Alliance provider data blockchain initiative expands
Healthcare tech consortium Synaptic Health Alliance has announced the addition of its newest member, ProCredEx, a blockchain health credentialing company.
The Alliance also announced the expansion of its provider data management initiative to Colorad…
Provider compensation is up as pandemic recedes, but pay per work unit declines
Provider compensation increased in 2021 as the volume of services rose again to pre-pandemic levels, according to a report from AMGA (American Medical Group Association) consulting.
Walgreens clinical trial business looks to engage more diverse communities
Pharmacy retail giant Walgreens announced the launch of a clinical trials business with the aim of boosting access and retention in sponsor-led drug development research by engaging broader and more diverse communities.
Centene to pay $13.7 million in New Mexico prescription drug price transparency suit
Managed care company Centene has agreed to pay $13.7 million to New Mexico to settle an investigation into its subsidiaries’ inflationary pricing and reporting of pharmacy benefits in the state’s Medicaid program, which is overseen by the state’s Human…
Survey shows 13% of Medicare Advantage enrollees had a claim or pre-authorization request denied
A spotlight has been put on Medicare Advantage denials for claims and pre-authorizations since an Office of the Inspector General report that found MA plans denied requests that met original Medicare coverage rules.
Providence launches software data analytics firm Advata
Health system Providence has launched software analytics company Advata by combining KenSci, Colburn Hill Group, Lumedic and three other companies. The new firm will focus on revenue cycle management solutions back-office management, population health …
Revenue cycle leaders express concern over price transparency rule
Although hospitals see value in price transparency, a majority are concerned about significant challenges around deployment of CMS’ price transparency regulation, according to a KLAS survey of 66 revenue cycle leaders.
The regulation stipulates hospi…
House Democrats are calling on HHS to end ‘junk plans’
House Democrats are calling on the Department of Health and Human Services to end so-called “junk plans.”
NVIDIA releases AI-based healthcare tools for hospitals, research organizations
Chipmaker NVIDIA announced the launch of FLARE (Federated Learning Application Runtime Environment), an open-source software platform offering a common computing foundation designed to improve collaboration on AI model development in healthcare.
Healthtech companies reap benefits of robust year in venture capital funding
Venture capital investment in global healthtech companies is projected to reach $42 billion by the end of the year, according to Silicon Valley Bank’s latest report, “The Future of HealthTech.”
The first three quarters of 2021 closed with what SVB call…
