Thu.Aug 01, 2024

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Cigna CEO promises ‘aggressive’ defense of pharmacy benefit managers

Healthcare Dive - Practice Management

David Cordani’s comments to investors Thursday come as the payer blew past Wall Street’s expectations for the second quarter, helped by significant growth in its health services division — including PBM Express Scripts.

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Regular Aspirin Use May Reduce Colorectal Cancer Risk, Study Suggests—What To Know

Forbes Healthcare

Participants with the highest BMI scores and those who regularly smoked cigarettes saw the largest decreases in colorectal cancer risk.

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Average cost of healthcare data breach nearly $10M in 2024: report

Healthcare Dive - Practice Management

Though expenses declined since last year, healthcare is still the costliest industry for data breaches — a spot the sector has held since 2011.

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Alignment Healthcare Inches Closer To A Profit As Medicare Enrollment Rises

Forbes Healthcare

Alignment Healthcare reported a $24 million second quarter loss as the provider of Medicare Advantage coverage to seniors saw a 56% increase in health plan members.

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Physician associates to AMA: Quit 'tearing down' other clinician providers

Medical Economics

American Academy of Physician Associates says patients face health care shortages as American Medical Association suppresses modernization efforts.

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Dr. Adam Cifu Should Recognize, Dr. Vinay Prasad Will Never Admit Measures to Limit Viruses “Work”

Science Based Medicine

Opponents of birth control don't object to condoms because they think they don't work, and Dr. Vinay Prasad doesn't object to masks because he thinks they don't work. The post Dr. Adam Cifu Should Recognize, Dr. Vinay Prasad Will Never Admit Measures to Limit Viruses “Work” first appeared on Science-Based Medicine.

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Judge approves Steward’s plan to close 2 hospitals by month’s end

Healthcare Dive - Practice Management

Steward also provided an update on increasingly tense negotiations with its landlord about how to distribute proceeds from sales.

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Cigna Profits Hit $1.5 Billion On Pharmacy And Health Services Growth

Forbes Healthcare

The Cigna Group reported $1.5 billion in second quarter profits as the provider of health insurance, pharmacy benefits and services reaped new clients.

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Hiring New Providers and Setting Them Up For Success: A Guide for Behavioral Health Practices

Valant

In the dynamic field of behavioral health, the success of your practice depends on the strength and effectiveness of your provider team. If you want to meet growing patient demand and enhance your service capabilities, you’ll need to hire top-shelf clinicians. But adding to a behavioral health team isn’t always easy; it demands strategic recruitment methods and a strong integration process for your new hires.

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Walgreens Sells Another Stake In Distributor Cencora For $1.1 Billion

Forbes Healthcare

Walgreens Boots Alliance has sold more shares of drug distributor Cencora for proceeds of $1.1 billion, which will be used "debt paydown and general corporate purposes.

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Can independent practices stay afloat amid waves of industry consolidation?

Medical Economics

What's driving consolidation in health care and what it means for the future of your practice

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Teladoc withdraws 2024 outlook, logs impairment charge amid downturn at BetterHelp

Healthcare Dive - Practice Management

During a second-quarter earnings call Wednesday, new CEO Chuck Divita said the virtual care company is “not yet delivering on its fullest potential.

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3 ways traditional primary care plus consumer technologies can revolutionize health care

Medical Economics

Traditional primary care capabilities, when enhanced with existing consumer technologies, can enable a need-based intervention paradigm. The result can be increased outcomes across the quadruple aim of care—reducing the cost of care, enhancing the experience of care, improving health outcomes, and addressing health equities.

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Amwell boosts 2024 adjusted earnings outlook, narrows net loss in Q2

Healthcare Dive - Practice Management

During a second-quarter earnings call Wednesday, CFO Robert Shepardson said reducing headcount was “one of the big drivers” for improving the guidance.

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8 tips to lower patient acquisition costs

Medical Economics

Patient acquisition costs can quickly cut into your practice's profits.

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Private equity’s takeover of health care: a patient’s nightmare

KevinMD.com

As private equity (PE) plays a larger role in health care, we likely have a patient-centric image of who these individuals are and what these institutions do. But what does health care look like to PE, and what does health care do from their perch? While attending a housewarming party of an acquaintance who works Read more… Private equity’s takeover of health care: a patient’s nightmare originally appeared in KevinMD.com.

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Employee Spotlight: Blake

Open Dental

In our continuing Employee Spotlight series, we introduce Blake, whose hard work and dedication have truly made a difference in our organization. The post Employee Spotlight: Blake appeared first on Open Dental Blog.

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Maximize Reimbursement for Immunization Services 

Health Prime

August marks National Immunization Awareness Month (NIAM) , a crucial time to reflect on the importance of routine vaccination for people of all ages. The World Health Organization estimates that immunization prevents 3.5-5 million deaths yearly from diseases like diphtheria, tetanus, pertussis, influenza, measles, and more. As medical professionals, ensuring accurate billing for immunization services is paramount.

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FDA prescription drug fees; booming ‘nonprofit’ hospitals; a primer on AI – Morning Medical Update

Medical Economics

The top news stories in medicine today.

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How to Start a Home Cleaning Business

Trafft

Starting a home cleaning business doesn’t need to be complicated, but you need to know what are the exact steps to take. Home cleaning business can be quite profitable, with more dual-income families opting for cleaning services, due to lack of time for cleaning, and more income for outsourced house maintenance service (Grand View Research). Let’s dive into details on how to start a home cleaning business without headaches and significant upfront expenses!

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Practices take the recent IT outage in their stride

Practice Index

The news headlines about the recent global IT outage, which affected various walks of life in the UK and the NHS, included words like “chaos”, “bedlam” and “digital apocalypse” – suggesting serious and potentially life-threatening situations. In reality, the health service coped well and primary care, in particular, rose to the occasion and quickly adapted its workflow to deal with the problems, largely thanks to the business contingency plans that practices have ready and the hard work of their

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Five Somatic Exercises to Relieve Tension in Your Body

Minority Nurse

Nursing is a rewarding profession, but it can leave us feeling physically tired by the end of the day. Whether dealing with difficult patients or being on our feet all day, we can sit and rest. However, sometimes, there’s still lingering tension that we’re unsure how to get rid of. If this sounds like you, somatic exercises can help you focus on your body with slow, deliberate movement.

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HR and H&S Updates – July 2024

Practice Index

A summary of the HR and H&S updates issued in July 2024. HR Updates Amber alerts Surgeon challenged on “bare below the elbow” policy loses claims against NHS Trust Green alerts NHS agency worker did not have the right to full pay whilst on suspension Employer successfully defends equal pay claim The post HR and H&S Updates – July 2024 appeared first on GP Practice Management Blog.

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Becoming an expert witness

Medical Economics

How physicians can earn extra income in this role

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Primary care news round-up (25th July to 1st August 2024)

Practice Index

GP partners vote in favour of collective action GP partners in England have voted to participate in collective action to protest against contractual terms and funding. The non-statutory ballot, which concluded on Monday (29th July), resulted in 98.3% of GP partners voting in favour and 1.7% voting against. Nearly 8,500 GP partners participated in the vote, representing 67.7% of those eligible.

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Medical costs need to be prioritized in patient care plans

Physicians Practice

Over-treatment or low-value care represents approximately $75 to $100 billion in wasteful spending annually.

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First Impressions Matter: Optimizing the Dental Front Desk Experience

Northwest Career College

First impressions matter in practically every industry, and dentistry is no different. The front desk is usually where patients have initial contact with the dental practice. The experience patients have at the front desk can set the tone for their visit. Therefore, improving the satisfaction rate in the dental front desk experience is essential to build patient trust and ultimately improve retention.

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The challenges of the clock

Medical Economics

Weekly hours for physicians are trending down, but burnout concerns persist

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Harris Builds On And Differs From Biden Administration’s Healthcare Policies

Forbes Healthcare

Harris’s public pronouncements regarding her healthcare policy suggest she would continue on the path forged by Biden. Yet subtle differences in emphasis are emerging.

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Site-neutral payment, consolidation, noncompetes affect family medicine

Medical Economics

AAFP president weighs in on current issues in U.S. health care market.

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Kamala Harris Touts `Freedom To Live Safe From Gun Violence’ In Presidential Campaign

Forbes Healthcare

Kamala Harris has made "freedom from gun violence" an important plank of her campaign. It may be difficult, however, to implement executive actions or pass legislation.

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