Healthcare Spending

Mount Sinai Launches Biomedical Blockchain Research Center

by Jessica Kent

Mount Sinai’s Icahn School of Medicine and the Institute for Next Generation Healthcare have launched the new Center for Biomedical Blockchain Research. The center will explore how to use...

CHIO Role at CMS Will Enhance Data Sharing, Health IT Use

by Jessica Kent

The new Chief Health Informatics Officer (CHIO) position at CMS will work with federal officials and industry stakeholders to improve care delivery and patient outcomes through increased data sharing...

UHC, Medtronic Use Value-Based Care to Boost Diabetes Management

by Jessica Kent

A value-based care partnership between UnitedHealthcare and Medtronic has reduced preventable hospital admissions by 27 percent, enhanced diabetes management, and cut healthcare costs. First-year...

Atul Gawande to Lead Amazon, Berkshire, JPMorgan Healthcare Company

by Jennifer Bresnick

Brigham and Women’s surgeon Dr. Atul Gawande will be leading Amazon’s most significant leap into the healthcare industry yet by becoming CEO of the partnership between the e-commerce giant,...

CMS Efforts to Reduce Hospital-Acquired Conditions Save $2.9B

by Jessica Kent

The Agency for Healthcare Research and Quality (AHRQ) has released a report showing that CMS-led patient safety initiatives have reduced hospital-acquired conditions, helping to prevent an estimated...

Costs Fell by 11% When Payer Addressed Social Determinants of Health

by Jessica Kent

Organizations that account for the social determinants of health and connect patients to services that meet their social needs could reduce spending by approximately 11 percent within a year, according...

Big Data Analytics Top List of Healthcare VC Investment Deals

by Jennifer Bresnick

Big data analytics and clinical decision support companies are continuing to rake in funding from venture capitalists and other investors looking for the next breakthrough in healthcare information...

BCBS Value-Based Care Programs Boost Quality, Reduce Costs

by Jessica Kent

The Blue Cross Blue Shield Association (BCBSA) recently announced that its network of value-based care programs, including accountable care organizations (ACOs) and patient-centered medical homes...

Humana Launches Value-Based Care Model for Expectant Mothers

by Jessica Kent

Humana has partnered with OB-GYN practices to introduce a national value-based payment model that will improve maternity care quality and reduce costs for Humana members with low- to moderate-risk...

Patient Matching Issues Increase Costs, Threaten Patient Safety

by Jessica Kent

Patient matching issues that result in duplicate records and repeated medical care cost an average of $1950 per patient per inpatient stay and over $800 per ED visit, according to a Black Book survey...

Blockchain Alliance Aims to Tackle Provider Data Management

by Jessica Kent

Humana, MultiPlan, Optum, Quest Diagnostics and UnitedHealthcare have announced a cooperative pilot program that will utilize blockchain technology to improve data quality and reduce administrative...

CVS Health Cuts Red Tape with Real-Time Prescription Cost Data

by Jennifer Bresnick

Access to real-time data at the point of care may be one of the healthcare industry’s highest priorities, yet it remains one of its most elusive goals.  From interoperability issues,...

Carequality Interoperability Framework Links Over 600K Providers

by Jessica Kent

Carequality, an interoperability initiative of the Sequoia Project, recently announced that its interoperability framework now connects more than 600,000 providers, 1,250 hospitals, and 35,000 clinics...

Podiatric Services Aid Chronic Care Management, Value-Based Care

by Jessica Kent

The integration of podiatric services could enhance chronic care management, improve health outcomes, reduce healthcare costs, and ultimately benefit the shift toward value-based care, according to a...

Geisinger Aids Diabetes Care with Community Food Initiative

by Jessica Kent

Geisinger’s Fresh Food Farmacy program, which provides diabetic adults with access to free, nutritious food and comprehensive health behavioral services, has proven more effective and less costly...

Health Information Exchange Brings Higher Quality, Lower Costs

by Jessica Kent

Health information exchange (HIE) continues to improve care quality, enhance patient safety, and reduce healthcare costs, but more providers need to employ HIE to maximize its potential, according to a...

CVS Health to Bulk Up Big Data Analytics Ahead of Aetna Deal

by Jennifer Bresnick

Solid growth in the fourth quarter of 2017 and a massive income tax break are allowing CVS Health to invest in more big data analytics technologies ahead of its proposed acquisition of Aetna, the...

Broader Genetic Testing for Cancers May Benefit Population Health

by Jessica Kent

Screening the general population for breast and ovarian cancer gene mutations through genetic testing is more cost effective than screening only high-risk patients and may improve population health,...

CVS Health, Epic Systems Using Big Data to Control Drug Costs

by Jennifer Bresnick

CVS Health and Epic Systems have launched a strategic big data analytics initiative aimed at controlling prescription costs, the two companies announced this week.  CVS Health, which uses Epic...

Big Data, Health IT Innovation for Hospitals Risks Stagnation

by Jennifer Bresnick

Productive partnerships and more effective management processes are a fundamental requirement for hospitals and health systems seeking to harness their big data assets for digital innovation, says a...