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Mobilizing Data to Improve Operational Efficiency
Improving operational performance of hospitals, health care IT strategy, health care leadership, reducing the cost of health care
4 Health Systems Team Up to Tackle Drug Development, Care Coordination and Billing
four prominent nonprofit health systems — Baylor, Scott & White Health, Memorial Hermann Health System, Novant Health and Providence — have banded together to form the for-profit entity Longitude Health to handle increasing access to complex drugs, care coordination within huge programs like Medicare Advantage and streamlining billing processes.
Mobilizing Data for Operational Efficiency in Health Care: A Path Forward
The newly published AHA Market Scan Trailblazers report, “Mobilizing Data to Improve Operational Efficiency,” explores how health systems are leveraging emerging technologies to unlock and mobilize core data sets, thus driving substantial operational improvements and better care outcomes.
AHA, Others Back First Venture Fund to Invest in Black-Owned Health Care Firms
Jumpstart Health Investors announced Jumpstart Nova, a $55 million highly anticipated fund that will invest exclusively in Black-founded and -led health care companies across health information technology, digital health, tech-enabled services, diagnostic devices, biotech, medical device manufacturing and consumer health and wellness sectors.
Leaders Come Together with Updates on Health Care Transformation
Intermountain Healthcare, long committed to reducing patients’ out-of-pocket costs, is making good on its pledge albeit at a steep price, Chief Financial Officer Bert Zimmerli told a packed crowd.
Providers Cut Costs, Better Engage Patients
Leaders from health care delivery systems, insurers, the pharmaceuticals industry and technology companies converged on San Francisco last week for the annual J.P. Morgan Healthcare Conference and got a close-up look at just how quickly the field is transforming. News came quickly on several fronts, including company acquisitions, the ongoing push among many payers into clinical services as they try to drive down care delivery costs and more.
Intermountain, Memorial Hermann, Trinity Take Stake in $300 Million Private Equity Fund
Intermountain Healthcare, Memorial Hermann and Trinity Health are just a few of the provider organizations and payers who have taken a stake in a Nashville private-equity firm The Heritage Group’s latest $300 million fund. About 70% of the $300 million already committed comes from health systems and insurers like Horizon Blue Cross Blue Shield of New Jersey.
Pandemic Could Reshape Physician Practice Landscape, Pay Models
More than half of independent physicians reported concerns about whether their practices will survive during the pandemic, according to a recent McKinsey & Company survey.
Will You Be Ready for the Post-COVID-19 Financial World?
Hospitals and health systems can expect sharp declines in commercially insured patients due to job losses in the pandemic economy, which likely will fuel a rise in Medicaid, exchange and uninsured patients. To a large extent, how effectively and aggressively provider organizations are able to manage in this new financial environment will determine their future success.