Lark & ??Luma Health – The Health Care Blog

[ad_1] Artificial Intelligence I was at the VIVE conference in Miami last week and caught up with a number of CEOs & execs for some quickbite interviews — around 5 mins getting (I hope) to the gist of what they & their companies are up to. I am going to Dribble them out this week. […]

‘SPAC frenzy’ has cooled in healthcare

[ad_1] The wave of shell company-led healthcare acquisitions has ebbed as valuations have dropped and financing has dried up. Special purpose acquisition companies experienced a meteoric rise in 2020, when more healthcare companies turned to these “blank check” companies as an alternative to executing their own initial public offerings. SPACs, which raise money through IPOs […]

Chicago’s largest physician groups tackle COVID burnout: Crain’s research

[ad_1] “Burnout is not a new issue, but has to be addressed,” said Nelson. The CEO has been in healthcare for nearly 34 years and notes that burnout was discussed in his classrooms even back in the 1980s. But now with COVID, burnout is a hot topic. Healthcare is an inherently stressful industry. “It doesn’t […]

ProMedica senior care division suffers $275M operating loss

[ad_1] ProMedica Health System’s senior care unit recorded a $275 million operating loss last year, the not-for-profit company announced Friday. ProMedica made a play for the senior living market when it spent $1.4 billion to acquire post-acute care provider HCR ManorCare in 2018. Although Promedica’s senior care division recorded a 1.4% operating margin in 2020, […]

Two years into pandemic, world takes cautious steps forward

[ad_1] Another positive: The omicron wave and vaccinations have left enough people with protection against the coronavirus that future spikes will likely require much less disruption to society, experts say. Nowhere is the shift in the pandemic more apparent than in the nation’s hospitals, where critical care units were overflowing with desperately ill patients just […]

President’s plans for nursing homes don’t meet the moment

[ad_1] America’s nursing homes are at a tipping point. The short-sighted policy proposals that President Joe Biden announced for these critical facilities in his recent State of the Union address may be what pushes them over the edge. Nursing homes across the country today confront existential challenges. Nearly 240,000 workers have vanished from the industry […]

Pandemic medical innovations leave behind people with disabilities

[ad_1] Divya Goel, a 35-year-old deaf-blind woman in Orlando, Florida, has had two telemedicine doctors’ appointments during the pandemic. Each time, she was denied an interpreter. Her doctors told her she would have to get insurance to pay for an interpreter, which is incorrect: Under federal law, it is the physician’s responsibility to provide one. […]

COVID-19 deaths in Massachusetts to drop under new counting method

[ad_1] The number of deaths in Massachusetts attributed to COVID-19 is expected to decline by nearly 4,000 because the state is adopting a new method of counting deaths that public health officials said more accurately reflects the pandemic’s impact. The state’s current COVID-19 death definition includes not just those who had the disease listed as […]

Jury sides with Sutter Health in federal antitrust case

[ad_1] A jury sided with Sutter Health on Friday in the long-running federal lawsuit accusing the health system of anticompetitive business practices that drove up healthcare costs by more than $400 million. The unanimous verdict means Sacramento, California-based Sutter has successfully defended against claims that it illegally forced insurers to include all 24 of its […]

Ohio doctor sentenced for overprescribing painkillers, fraud

[ad_1] A doctor in Ohio who denied doing any harm to his patients after being convicted of overprescribing painkillers has been sentenced to five years in prison. A federal judge on Thursday also ordered Dr. William Bauer of Port Clinton to pay $460,000 in restitution. Bauer, 85, was convicted last summer on charges of distributing […]

5 technology, innovation themes seen at ViVE 2022

[ad_1] Health IT experts this week shared ideas on addressing clinician burnout, establishing trust when sharing data and figuring out what the next generation of electronic health record systems will look like during this week’s ViVE conference in Miami Beach, Florida. The College of Healthcare Information Management Executives and HLTH, the organization behind the HLTH […]

Renown Health ousts CEO-president after probe of ‘concerns’

[ad_1] The board of Renown Health has fired Dr. Tony Slonim as president and CEO of the northern Nevada healthcare network, ending his tenure that began in 2014. A Renown statement released Thursday said the board determined that Renown “required new leadership” following an investigation of unspecified “concerns” presented to the board. “Accordingly, Dr. Slonim […]