Literature Review
Prioritizing patient care: Medical technology innovations on the horizon
05/03/24 at 03:00 AMPrioritizing patient care: Medical technology innovations on the horizon MedCityNews; by Dhaval Shah; 5/1/24 The MedTech industry is poised for breakthroughs, owing to the rapid integration of digital ecosystems and technologies like AI and cloud. 2023 was a banner year for MedTech, especially in terms of technological innovations. Incidentally, it also witnessed the largest ever number of FDA approvals on novel medical devices in a single year. This list included a number of AI-enabled MedTech products, among others. ... Three key areas are continuing to shape the industry:
May 6-12, 2024 National Nurses Week
05/03/24 at 03:00 AMMay 6-12, 2024 National Nurses Week: Nurses Make a DifferenceNursing World; by the American Nurses Association; 4/30/24 The American Nurses Association is celebrating National Nurses Week 2024 May 6 - May 12, and throughout May. This year's theme, "Nurses Make the Difference," honors the incredible nurses who embody the spirit of compassion and care in every health care setting. Join us in recognizing the invaluable contributions of nurses worldwide. Whether you're a health care professional, a patient, or simply someone who appreciates nurses' dedication, this is your chance to express gratitude and support for their capability and fortitude. Let’s come together to celebrate Nurses Week 2024 and show our appreciation for these extraordinary professionals!
MultiPlan, insurance giants sued over out-of-network rates
05/03/24 at 03:00 AMMultiPlan, insurance giants sued over out-of-network rates Modern Healthcare; by Nona Tepper; 4/29/24 A rural health system sued technology company MultiPlan and eight of the country's largest insurance companies over alleged schemes to strongarm providers into accepting low out-of-network rates. At issue in the proposed class-action suit are MultiPlan's repricing tools, which allegedly rely on insurers' data to deflate their out-of-network reimbursement payments.
Assessing caregiver burnout for hospice, palliative patients
05/03/24 at 03:00 AMAssessing caregiver burnout for hospice, palliative patients Hospice News, by Jim Parker; 4/30/24 Burnout is a state of complete mental, physical and emotional exhaustion. Symptoms of burnout can include depression, compassion fatigue, stress and anxiety, and apathy, both in general life and towards work tasks, according to the Mayo Clinic. To help address these issues — and to help ensure that caregiving remained sustainable — a team of researchers from the Ann & Robert Lurie Children’s Hospital of Chicago and the University of Pittsburgh launched a project to improve assessment of caregiver burnout.
CVS buys Medicare Advantage brokerage
05/03/24 at 03:00 AMCVS buys Medicare Advantage brokerage Modern Healthcare; by Nona Tepper; 4/30/24 CVS Health paid an undisclosed sum to acquire Hella Health, according to the Medicare Advantage brokerage's founder. Hella Health debuted in 2020 and claims to offer more than 3,000 Medicare plans from insurers such as CVS Health subsidiary Aetna, UnitedHealth Group subsidiary UnitedHealthcare and Humana.
CIOs' top 15 priorities over next 3 years
05/03/24 at 03:00 AMCIOs' top 15 priorities over next 3 years Becker's Health IT; by Giles Bruce; 5/1/24 CIOs' top priority over the next one to three years will be driving business innovation, according to a recent CIO survey. That differs from their current No. 1 focus, which is cybersecurity, per an April CIO story. Here are the activities CIOs plan to spend more time on in the next one to three years, according to the 2024 survey of 1,126 IT leaders: ... [click on the title's link for the list].
Transitional Bridges offers compassionate alternative to plastic belongings bags
05/03/24 at 03:00 AMTransitional Bridges offers compassionate alternative to plastic belongings bagsABC 8 News, Richmond, VA; by EIN Presswire; 4/30/24Transitional Bridges, a San Diego-based nonprofit focused on inspiring compassion and improving end-of-life care through art, has created Transitional Belongings Bags, a compassionate and eco-friendly alternative to the plastic bags hospitals use to hand over belongings to loved ones after a patient has died. The concept was first introduced 17 years ago by the Irish Hospice Foundation Hospice Friendly Hospitals Program to promote dignity and sensitivity when returning a loved one’s possessions to bereaved family and friends. ... Lorene Morris, the founder and president of Transitional Bridges, became inspired to bring the movement to the U.S. after her mother, an artist, died unexpectedly from postoperative complications. When the family was handed their mother's possessions in two large, clear plastic bags, Morris recalls, “I felt like the whole world could see those intimate items. It was just so wrong.”
What Hospice VBID’s ending means for palliative care
05/03/24 at 03:00 AMWhat Hospice VBID’s ending means for palliative care Hospice News; by Markisan Naso; 5/1/24 The impending demise of the hospice component of U.S. Centers for Medicare & Medicaid Services’ value-based insurance design (VBID) model has largely been met with a sense of relief by providers as they plan new initiatives for palliative care in 2025. ... The program, which initially contained promising components designed to give patients better access to palliative care, instead became an increasing source of frustration for organizations. ... With the end date for the hospice component of the VBID model approaching, many palliative care providers are left with concern for their patients and questions about the coming transition, as they shift focus to what happens next. Editor's Note: This article includes perspectives from Rory Farrand, Vice President of Palliative and Advanced Medicine at NHPCO, and Mollie Gurian, Vice President of Home-Based and HCBS Policy at LeadingAge.
43 health systems ranked by long-term debt
05/03/24 at 03:00 AM43 health systems ranked by long-term debt Becker's Hospital CFO Report; by Alan Condon; 4/29/24 Long-term debt has long been a staple in healthcare, but many hospitals and health systems are responding to the increasing cost of debt and debt service in the rising rates environment. Highly levered health systems are looking to sell hospitals, facilities or business lines to reduce their debt leverage and secure long-term sustainability, which creates significant growth opportunities for systems with balance sheets on a more solid financial footing. Forty-three health systems ranked by their long-term debt: ... [Click on the title's link for the list.]
Why hospital executives think Walmart Health failed
05/03/24 at 03:00 AMWhy hospital executives think Walmart Health failed Becker's Health IT; by Giles Bruce; 5/1/24 Health system leaders told Becker's they're not surprised by the failure of Walmart Health given the arduous economics of healthcare and the difficulty of providing primary care at scale.Walmart said April 30 it would be closing its 51 Walmart Health Centers and virtual care offerings five years into its foray into healthcare. The company cited the "challenging reimbursement environment" and "escalating operating costs" that left its healthcare arm unprofitable.
Ensign Group buys 7 nursing homes in 6 states
05/03/24 at 03:00 AMEnsign Group buys 7 nursing homes in 6 states Modern Healthcare; by Diane Eastabrook; 5/1/24 Senior living services company Ensign Group acquired seven skilled nursing facilities in six states, as well as a long-term acute care hospital. The deals closed Wednesday [5/1], the same day Ensign Group will report first quarter 2024 earnings. The acquisitions include: [click on the title's link for the list] ...
Aetna hit with $900M in surprise MA costs, CVS Health reports
05/03/24 at 03:00 AMAetna hit with $900M in surprise MA costs, CVS Health report Modern Healthcare; by Nona Tepper; 5/1/24 CVS Health will launch a multiyear plan to boost Medicare Advantage profitability after its Aetna subsidiary recorded $900 million in higher-than-anticipated medical costs during the first quarter, President and CEO Karen Lynch said during an earnings announcement Wednesday. “We continue to evaluate our cost structure and productivity and will accelerate these and other initiatives over the next few months,” Lynch said.
Today's Encouragement: Be like bacon ...
05/03/24 at 03:00 AMBe like bacon. Bacon makes everything better! - Heard from someone, somewhere on the Food Network
Illinois doctors would have easier access to patients’ end-of-life wishes under bill advancing in Springfield
05/03/24 at 03:00 AMMore legislation in Illinois deals with ending a person’s life The Center Square - Illinois; by Kevin Bessler; 5/1/24 Another bill has been introduced in Springfield dealing with end of life options for the terminally ill. Illinois state Sen. Julie Morrison’s Senate Bill 2644 would establish a statewide electronic registry that would contain Physician Orders for Life Sustaining Treatment (POLST) forms, which detail what type of medical treatment a critically ill patient does and does not want. “How much or how little treatment a person receives at the end of their life should be up to each individual instead of the one-size-fits-all approach,” said Morrison, D-Lake Forest, during a news conference Wednesday. “This measure will enable physicians to access forms detailing patients wishes in a single, accessible location.”
Evolving medical licensing laws could affect hospice workforce, diversity challenges
05/03/24 at 03:00 AMEvolving medical licensing laws could affect hospice workforce, diversity challenges Hospice News; by Holly Vossel; 5/1/24 A rash of states are restructuring their medical licensing requirements to allow more trained clinicians from other countries to find employment in the United States. The trend is an aim to address prolific workforce shortages, including in hospice, but could also have impacts on improving diversity, equity and inclusion. Some states have restructured medical licensing requirements for certain international medical graduates (IMGs) to allow more clinical professionals to work in the United States.
New federal rule meant to strengthen nondiscrimination protections, advance civil rights in healthcare
05/03/24 at 03:00 AMNew federal rule meant to strengthen nondiscrimination protections, advance civil rights in healthcare McKnights Senior Living; by Kathleen Steele Gaivin; 4/30/24 The Department of Health and Human Services on Friday released a final rule aiming to protect individuals from discrimination in healthcare, including members of the LBGTQ+ community. ... The rule “reverses a Trump-era regulation and restores gender identity and sexual orientation discrimination protections under Section 1557 of the Affordable Care Act,” Bloomberg Law reported. Section 1557 prohibits discrimination on the basis of race, color, national origin, sex, age or disability by entities that primarily provide healthcare and receive federal funding. It is enforced by the HHS Office for Civil Rights.
FTC makes changes to healthcare breach reporting
05/03/24 at 03:00 AMFTC makes changes to healthcare breach reporting Becker's Health IT; by Naomi Diza; 4/26/24... The changes clarify the rule's scope regarding health apps and similar technologies while expanding the information covered entities must provide to consumers in the event of a breach of their health data, according to an April 26 FTC news release. Under the new rule, vendors of personal health records and related entities not governed by HIPAA are mandated to notify individuals, the FTC and, when applicable, the media, in case of a breach of unsecured personally identifiable health data. [Click on the title's link for more revisions to the rule.]
Is pot legal now? Despite big marijuana news, it's still in legal limbo.
05/03/24 at 03:00 AMIs pot legal now? Despite big marijuana news, it's still in legal limbo. USA Today; by Joel Shannon and Jeanine Santucci; 5/1/24 Tuesday brought big marijuana news: The Biden Administration is expected to soon reclassify marijuana for the first time in decades, putting it in a less restrictive drug category that would allow it to be studied and prescribed more easily. But that news comes in a nation where many states have already crafted their own marijuana policy: Some states allow for it to be prescribed already; others allow people to use it recreationally. Few states ban it outright. ... Here's what to know.
Executive Personnel Changes - 5/3/24
05/03/24 at 03:00 AMExecutive Personnel Changes - 5/3/24
InnovAge launches PACE Center, helping seniors independently with high-quality care
05/03/24 at 03:00 AMInnovAge launches PACE Center, helping seniors independently with high-quality care Los Angeles Sentinel; 5/1/24 InnovAge Holding Corp., the healthcare industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), celebrated the grand opening of its newest center in California on April 24. ... Guests toured the 22,000 square foot, two-level renovated center — which includes a medical clinic with exam rooms, dining room, four-day rooms, quiet room, outdoor patio, and other amenities. The program’s service area extends beyond Crenshaw, providing care and support to seniors residing in West and South Los Angeles.
Other Business Headlines of Interest, updated 5/2/24 per nasdaq.com
05/03/24 at 03:00 AMOther Business Headlines of Interest, updated 5/2/24 per nasdaq.com
Physician-Assisted Suicide Bill recommended by second committee in Massachusetts legislature
05/03/24 at 03:00 AMPhysician-Assisted Suicide Bill recommended by second committee in Massachusetts legislature New Boston Post; 5/1/24 A bill that would legalize physician-assisted suicide has gotten a favorable vote from a second legislative committee, ... This is the earliest in the state’s two-year legislative session that the bill has been recommended by the Joint Committee on Public Health, and it’s the first time the bill has made it out of the Joint Committee on Health Care Financing, said Melissa Stacy, Northeast regional advocacy manager for Compassion & Choices, according to MASSterList.
Nurse pleads guilty to 22 counts of patient murder, attempted murder
05/03/24 at 03:00 AMNurse pleads guilty to 22 counts of patient murder, attempted murder Becker's Hospital Review; by Mariah Taylor; 5/2/24 Heather Pressdee, a Pennsylvania nurse, pleaded guilty to three counts of first-degree murder and 19 counts of attempted homicide, the Pittsburgh Post-Gazette reported May 1. Ms. Pressdee pleaded guilty on May 2 in an ongoing hearing that is expected to go until May 3. She was given three consecutive life sentences and 380 to 760 years consecutively. Ms. Pressdee, 41, was first charged in May 2023 in connection with the mistreatment of three nursing home patients while working at Quality Life Services in Chicora, Pa., including two counts of homicide and one count of attempted murder. In November, she was charged in connection with the mistreatment of 19 additional patients that were in her care at five different facilities since 2020.
NHPCO's 2024 Pediatric Palliative and Hospice Care Needs Assessment
05/03/24 at 02:00 AMNHPCO's 2024 Pediatric Palliative and Hospice Care Needs Assessment NHPCO; via email; 5/1/24 The 2024 Pediatric Palliative and Hospice Care Needs Assessment is a product of the National Hospice and Palliative Care Organization’s (NHPCO) Pediatric Advisory Council. The goal of the needs assessment is to gain a better understanding of the organizations and providers caring for pediatric patients with serious illnesses throughout the United States. The needs assessment helps create resources and support advocacy. The survey should only be completed once by each organization so please coordinate with your team to complete the survey. For help gathering information, we have created a PDF version of the survey but you will need to input the information into this survey for the information to be used.
34 recent hospital, health system executive moves
05/02/24 at 03:00 AM34 recent hospital, health system executive moves Becker's Hospital Review; by Kelly Gooch and Alexis Kayser; updated 4/26/24 The following hospital and health system executive moves have been shared with or reported by Becker's this year: [Click on the title's link; 34 executive moves are listed for the week of April 20-26.]