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Advocate Aurora Health
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Providers Need to Commit to VBC Sooner Rather Than Later, Experts Agree
Experts argued that value-based care is here to stay and will play a major role in the future of healthcare during MedCity’s Invest conference in Chicago. A panel of four agreed that the success of value-based care depends on organizational commitment — it’s a quixotic mistake to think these alternative payment models can gain traction overnight.
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Health Systems Will Seek More Cross-Market Mergers, But Many Will Fail
Last week, New Mexico-based Presbyterian Healthcare Services and Midwest-based UnityPoint Health signed a letter of intent to merge. One consultant thinks these kinds of announcements will continue in the coming years, but a significant chunk of these intended mergers will end up being called off due to health systems realizing they’re not ready to make the sacrifices needed to reap the benefits of a megamerger.
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Payer’s Place: Dawn Maroney
Dawn Maroney, President, Markets of Alignment Health and CEO of Alignment Health Plan, to discuss how they are using technology to provide better service and care to consumers.
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Medcity Pivot Podcast: Chronic Disease Management With an Interventional Cardiologist
Steve Driver is an interventional cardiologist as well as medical director of digital therapeutics at Advocate Aurora Health, which last year merged with Atrium Health. In this episode, he talked about a pilot involving Omada Health targeting a prediabetes population, among other things.
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Which Trends Dominated Hospital M&A Activity Last Year?
M&A activity among health systems picked up last year — key trends included cross-market mega-mergers and academic medical centers expanding their community hospital networks. Despite tough economic conditions, Kaufman Hall experts expect this activity to continue growing in 2023.
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2022 Was Hospitals’ Worst Financial Year in Decades, But 2023 Won’t Be Much Better
Financial analysts have said that 2022 may have been the worst year for hospital finances in decades. This year looks like it will be yet another year of financial underperformance, with rural providers in especially dire circumstances.
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Patient Files Class-action Suit Against Advocate Aurora Health Following Data Breach
The patient is alleging that the patient portal he used to communicate with his doctors at Advocate Aurora and to schedule appointments used a pixelated code that also enabled logging in via Facebook and then shared data with Facebook.
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Hospitals, MedCity Influencers, Legal
A myopic approach to merger regulation fails consumers instead of protecting them
Consolidated healthcare systems – even cross market systems – don’t have to raise their prices to have anticompetitive effects. They can leverage their size by using the volume of their purchases to extract discounts and other concessions from payers, national suppliers, and from labor pools.
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10 remote patient monitoring and smart devices presenting at the MedCity INVEST Pitch Perfect competition
Among the technologies represented by the group are medtech sensors tracking blood pressure, ostomy patient complications, tremor progression in Parkinson’s disease patients, balance, cerebrospinal fluid levels, and more.
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Applying Remote Patient Monitoring to Surgery Prep and Recovery, Oncology and Women’s Health
Join us to learn about the latest trends in remote monitoring and how to extend its benefits beyond chronic conditions to more patients – all while using fewer staff resources.
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Health Services, Patient Engagement
Engage at HLTH: As patient engagement solutions abound, here’s what investors are looking for
Investors noted the challenges of changing patient behaviors using digital solutions at the engagement track at HLTH, hosted by MedCity News. They also shared what health systems and insurers are looking for in a potential partner.
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How Xealth amassed 14 hospital backers for its digital health platform
Xealth, which was spun out of Providence, recently raised $24 million in a series B round. Advocate Aurora Enterprises led the round, bringing its health system backers to 14.
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Some proposed HIPAA changes could inadvertently expose the data it’s supposed to protect
The government’s proposed changes to HIPAA aim to provide guardrails against data breaches and misuse, but some of the modifications may not work as intended. Three healthcare experts delved into the ways in which certain proposals could provide inappropriate access to health data during a recent panel discussion.
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Telehealth aside, providers look to invest IT dollars in cloud services, data analytics
Though telehealth will continue to account for a large portion of healthcare IT budgets in 2021, there are other technology-based services driving provider interest. These range from cloud deployment to vaccine scheduling solutions as providers navigate the new landscape created by the Covid-19 pandemic.
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Hospitals, Diagnostics, Health Services, Payers
Healthcare deals dip in 2020, but not as much as expected
Healthcare mergers decreased in the first half of 2020, but not to the extent expected as a result of the Covid-19 pandemic. Reports by Pricewaterhouse Coopers and Kaufman Hall showed a decline in mergers and acquisitions, but still reported sustained interest from buyers