Cybersecurity Challenges in Healthcare M&A
Senators are actively advocating for action to prevent a potential cut in payments to physicians. MultiCare Health System is piloting a new AI tool to enhance revenue cycle management. CommonSpirit and University of Utah Health are collaborating to improve access in strategic planning. Cigna has dismissed speculation about a potential merger with Humana. Federal agencies are strengthening the supply chain following recent hurricanes. The outlook for not-for-profit hospitals has been upgraded to neutral in accounting and financial management news.
Health systems experienced a decline in operating margins in August, affecting budgeting. The American Heart Association is launching an initiative on Hypertrophic Cardiomyopathy. The Consumer Financial Protection Bureau (CFPB) has issued a warning about illegal tactics used by medical debt collectors. Denials continue to be a significant issue leading to an erosion in provider-payer relationships in claims processing.
Elevance is laying off 123 employees in California in the workforce sector. UAB and Press Ganey have introduced a certificate program for healthcare leaders to enhance operations. Concerns have been raised about healthcare chatbots potentially promoting racist misinformation in medical devices.
Hospitals and physicians have submitted opposing views in response to a Federal Trade Commission (FTC) ruling on hospital-physician relations. Yale is making progress on completing a $838M neurosciences center in construction and facilities management. The FTC has cautioned against deceptive marketing by health plans in compliance and legal matters.
The Congressional Budget Office (CBO) has warned that premiums may increase if Affordable Care Act (ACA) subsidies expire in policy and legislation. The American Medical Association (AMA) is advocating for stricter standards for hospital charity care policies related to community benefit. NAACOS is pushing for an extension of the ACO REACH program in accountable care.
Social determinants of health (SDOH) and technology are essential in advancing value-based care in acute care. The Cleveland Clinic and Amazon One Medical are collaborating to enhance ambulatory care services. Despite challenges, interoperability in healthcare is progressing in analytics. L.A. Care has appointed Santana-Chin as their next CEO in business intelligence.
Practices are closely monitoring risk adjustment coding in ICD-10 and coding. Financial disincentives have been implemented for providers who block information sharing in meaningful use. Older Americans are facing challenges with healthcare costs related to Medicare and Medicaid. The Department of Health and Human Services (HHS) has reached an agreement with Illinois on disability rights regarding patient engagement.
A Senate bill has been proposed to regulate pharmacy benefit managers (PBMs) in the pharmacy sector. Weight loss drugs have been highlighted as a cost-saving option for patients and healthcare systems in population health. UPMC for You is offering Medicaid redetermination coverage in laundromats for risk management. The extension of telehealth prescribing for controlled drugs has been announced to support telehealth services. Addus Homecare has finalized a $350M acquisition of Gentiva in mergers and acquisitions news.
