Digital as the Differentiator for Biopharma and Medtech

Digital as the Differentiator for Biopharma and Medtech

With the Inflation Reduction Act now on the books, the U.S. Centers for Medicare & Medicaid Services (CMS) will begin negotiating drug prices with the pharmaceutical industry. That, combined with other headwinds such as increased competition from me-too drugs, and ever-present pricing pressure from payers, means that pharma players now more than ever need a new and powerful tool to differentiate their products. We believe the next decade of transformation is digital.
Learning from the auto industry Almost every industry has had to confront a fundamental existential question: What is our product? Consider the automotive industry, which once was largely about hardware…

Continue Reading
Elation Health Buys Medical Billing Company to Create All-in-One Tech Platform for Primary Care Providers

Elation Health Buys Medical Billing Company to Create All-in-One Tech Platform for Primary Care Providers

Elation Health — a San Francisco-based company that sells its electronic health record (EHR) and other technology solutions to primary care providers — on Thursday announced its  acquisition of medical billing firm Lightning MD.
The deal will help Elation become an all-in-one technology platform for primary care offices, CEO Kyna Fong said in a recent interview. Fong founded Elation with her brother in 2010. The siblings grew up in Canada, where their father was a primary care physician — and a passionate one. He was so passionate that he ended up moving his family to the U.S. because he couldn’t “practice the…

Continue Reading
Mylab leverages Qure.ai's tech to enhance TB screening

Mylab leverages Qure.ai’s tech to enhance TB screening

Indian biotech company Mylab Discovery Solutions is integrating Qure.ai’s AI technology into its upcoming x-ray device for screening tuberculosis.According to a press statement, MyBeam is a compact, lightweight device equipped with high-frequency technology for detecting TB. It will be powered by Qure.ai’s deep-learning software qXR to analyse chest x-ray images and identify TB within a minute. 
WHY IT MATTERS
India is one of the biggest contributors to global TB cases, accounting for 26% of the total global count and 34% of all TB deaths.
By leveraging technological innovation, both Mylab and Qure.ai aim to support the Indian government’s goal of eliminating TB by 2025. Their integrated…

Continue Reading
Blood Biotech Grifols Cuts Deep in the U.S. to Find €400M in Savings

Blood Biotech Grifols Cuts Deep in the U.S. to Find €400M in Savings

Grifols, a company that turns blood plasma into therapies for immunological disorders and other conditions, is laying off about 2,000 U.S. workers as part of a corporate restructuring projected to yield up to €400 million in annual cost savings, the biotech announced Wednesday.
The layoffs represent about 8% of the Barcelona-based company’s global workforce, but they will happen mainly in its U.S. plasma operations. That’s notable because as a company that relies on plasma, the U.S. is vital to its business. The starting point for Grifols’s therapies is blood plasma. Key to its drug-making process is fractionation, in which the protein components…

Continue Reading
Effective Remote Teams: How to Lead Yourself and Your Team to Achieve Extraordinary Outcomes Without Burnout

Effective Remote Teams: How to Lead Yourself and Your Team to Achieve Extraordinary Outcomes Without Burnout

Tina Paterson the author of the new book Effective Remote Teams joins eHealth Radio and the Health News Channel. Tina has helped teams of over 10,000 members navigate working remotely while maintaining a healthy work/life balance.
Listen to interview with host Eric Michaels and guest Tina Paterson discuss the following:
How is it possible to leverage a virtual team and not only meet your goals but to outperform them without burnout?
It’s said that remote working can actually lead to over-productivity which can be a very fast way to lead to burnout. What can leaders do to help foster a culture of not…

Continue Reading
HHS Aims To Reduce Prescription Drug Costs Through 3 New Models

HHS Aims To Reduce Prescription Drug Costs Through 3 New Models

The U.S. Department of Health & Human Services (HHS) unveiled three new models Tuesday that will be tested by the CMS Innovation Center and aim to lower prescription drug costs. The models include access to $2 generic drugs.
The news is in response to President Joe Biden’s executive order issued in October, which directed HHS to find ways to lower prescription drug costs and improve access to drug therapies for those enrolled in Medicare and Medicaid health plans. The models are meant to build on the Inflation Reduction Act of 2022, which includes allowing Medicare to negotiate lower prescription drug prices for…

Continue Reading
3 Care Orgs Tap EHR Implementations for Clinical Workflow Optimization

3 Care Orgs Tap EHR Implementations for Clinical Workflow Optimization

– With high levels of clinician burnout across the care continuum, healthcare organizations are leveraging EHR implementations for clinical workflow optimization. FAMILY CLINIC MOVES TO ECLINICALWORKS SYSTEM FOR SCALABILITY Care Choice Family Clinic, PLLC in Plano, TX, will implement a health IT system from EHR vendor eClinicalWorks’ to customize workflows and improve operational efficiency. The implementation is set to allow the new family practice to deliver comprehensive patient care and scale as needed. Care Choice Family Clinic cares for patients two years old and up, focusing on primary care, sick visits, and minor urgent care. “I had experience with eClinicalWorks at…

Continue Reading
KLAS: What Impact Do Automated Prior Authorization Solutions Provide?

KLAS: What Impact Do Automated Prior Authorization Solutions Provide?

What You Should Know:– Prior authorization is mandated by payers to ensure that certain clinical procedures and medications being ordered are necessary. To alleviate the heavy administrative burden this requirement causes, healthcare organizations have adopted automated prior authorization solutions.– For this report, KLAS interviewed 30 respondents from 26 unique organizations to understand their experiences using these solutions and what outcomes they have seen.Understanding the Impact Automated Prior Authorization Solutions ProvideThis report is a perception study designed to help readers understand where the automated prior authorization market is and what outcomes organizations using automated prior authorization are seeing. To gather these perspectives, KLAS…

Continue Reading
Several Louisiana hospitals face online tracking lawsuits

Several Louisiana hospitals face online tracking lawsuits

The class action lawsuits filed by Herman Herman & Katz allege Meta Pixel code potentially analyzed, gathered and shared the sensitive medical data of hundreds of thousands of patients across the LCMC Health Systems and Willis-Knighton Health System networks.WHY IT MATTERS
Pixel technology uses a Java tracking script to send an organization’s data to the technology owner, which in this case, is Meta, owner of Facebook, Instagram and WhatsApp. Tracked data could be shared with network marketing partners who target individuals with offers and advertisements.
The new class action lawsuit alleges that visitors to the health system websites may have had their protected…

Continue Reading