#healthcare-industry
#healthcare-industry

Information security

UnitedHealth CEO grilled over 'clear national security threat' from Change Healthcare hack

Senators questioned UnitedHealth CEO on recent ransomware cyberattack. [ more ]

Theregister

Information security

UnitedHealth CEO: 'Decision to pay ransom was mine'

Cybercriminals used stolen credentials to access Change Healthcare's systems, prompting CEO Andrew Witty to pay a $22 million ransom, emphasizing the importance of cybersecurity measures. [ more ]

WIRED

Data science

Change Healthcare's New Ransomware Nightmare Goes From Bad to Worse

Change Healthcare faces cyberattack with stolen medical and financial data being sold by ransomware group. [ more ]

Theregister

Data science

Second ransomware gang says it's extorting Change Healthcare

Change Healthcare faces second ransomware attack shortly after recovering from first one.

RansomHub demands ransom from Change Healthcare, threatening to sell stolen data if payment not made. [ more ]

Axios

UnitedHealth faces growing calls for accountability over cyberattack

Horizontal and vertical mergers in major U.S. companies, like UnitedHealth, create cybersecurity vulnerabilities.

Lack of oversight in healthcare cybersecurity contrasts with other sectors like banking. [ more ]

MedCity News

Healthcare Is a Frontier Not Even Walmart Could Conquer - And It's Not Looking Great For Others Either - MedCity News

Walmart is closing its healthcare division due to lack of sustainable business model, showcasing the difficulty of achieving profitability in the primary care and telehealth markets. [ more ]

www.npr.org

Walmart says it will close its 51 health centers and virtual care service

Walmart is closing its health centers and virtual care service due to lack of sustainable business model and profitability. [ more ]

The Verge

Even Walmart thinks American healthcare is too expensive

Walmart closed its 51 health centers due to an unsustainable business model, ending its venture into healthcare. [ more ]

morewalmart

Futurism

Amazon-Owned Health Clinics Reportedly Training AI Chatbot to Triage Patients

Amazon is reshaping the healthcare industry through efficiency and technology like AI chatbots.

Patients and employees of One Medical have complained about reduced services and staff shortages since the Amazon acquisition. [ more ]

Boston.com

1 week ago

Medicine

Steward Health Care filed for bankruptcy. How will you be impacted?

Steward Health Care, the largest for-profit hospital chain, filed for Chapter 11 bankruptcy, aiming to restructure debts under court supervision while continuing hospital operations. [ more ]

Axios

Medicine

America's newest doctors fuel efforts to unionize

Young medical residents at Kaiser Permanente's San Francisco Medical Center are unionizing for higher pay due to high living costs. [ more ]

Cbsnews

1 week ago

Boston

Steward Health Care files for Chapter 11 bankruptcy

Steward Health Care filing for bankruptcy under Chapter 11.

Debtor-in-possession financing secured to continue operations.

No immediate day-to-day disruptions expected for patients and employees. [ more ]

Boston.com

Boston

Steward Health Care strikes deal to sell its nationwide physician network to Optum

Optum, a subsidiary of UnitedHealth Group, has agreed to acquire Steward Health Care's nationwide physician network.

Massachusetts Health Policy Commission will review the proposal but does not have the authority to block the transaction. [ more ]

The Drum

3 days ago

Marketing

What does it take to make it as a health marketing agency?

Health marketing agencies see the healthcare and pharmaceutical sectors as lucrative due to the industry's high revenue potential and perceived recession-proof nature. [ more ]

The Drum

Marketing

Getting to the heart of Tums owner Haleon's health influencer strategy

Influencer marketing is essential for engaging younger consumers in the healthcare industry. [ more ]

Digiday

Marketing

CG Life doubles in size by buying a digital shop to expand its health and sciences targeting

CG Life acquired Toolhouse to expand tech and omnichannel capabilities in health and biopharma space.

Private equity-backed companies are bringing competition and innovation to the life science agency sector. [ more ]

Metro Silicon Valley | Silicon Valley's Leading Weekly

1 week ago

California

Kalra Fights Big Med for Single Payer Insurance

Opponents often use fear tactics to discredit proposals for single-payer healthcare systems. [ more ]

Fast Company

Business

CVS Health stock just sunk to its lowest price in 3 years after the pharmacy chain cut its 2024 profit forecast

CVS stock drops over 12% due to Q1 2024 earnings miss and reduced profit forecast. [ more ]

The Drum

3 weeks ago

Business

Unlocking growth in new markets: How to crack Southeast Asia

Think global, act local approach is crucial for success in international markets. [ more ]

siliconvalleyjournals.com

3 weeks ago

Alaffia Health Raises $10M to Supercharge Health Plan Operations With Generative AI

Alaffia Health raised $10 million in Series A funding to enhance AI solutions for health plan claim operations, with rapid revenue growth and recognition for leadership in the industry. [ more ]

TechCrunch

HD raises $5.6M to build a Sierra AI for healthcare in Southeast Asia | TechCrunch

Chatbots have evolved from basic, predetermined replies to leveraging large language models for complex problem-solving.

Startups, like Thailand's HD, are utilizing generative AI to create custom chatbots for industries such as healthcare, improving customer engagement. [ more ]

Forbes

Council Post: Scaling Your Home Care Agency With AI-Powered Marketing Tools

AI chatbots can enhance client acquisition and support existing clients in home care agencies.

Evaluation of AI chatbot tools is crucial to ensure alignment with business needs and maintain privacy and accuracy. [ more ]

Hubspot

How Healthcare Businesses are Using Automation

Healthcare businesses are using AI and automation to streamline processes and improve patient experiences.

Automation and AI can help healthcare businesses reduce workloads and provide better financial sustainability. [ more ]

The Verge

Privacy professionals

Telehealth firm Cerebral fined $7 million over "careless" privacy violations

FTC proposes $7 million fine against Cerebral for mishandling patient data and sharing with third parties without consent. [ more ]

Theregister

Privacy professionals

Uncle Sam intervenes in Change Healthcare ransomware fiasco

US government assists healthcare providers affected by Change Healthcare ransomware

HHS provides support for healthcare industry during cyber attack [ more ]

Harvard Gazette

Education

Navigating Harvard with a non-apparent disability - Harvard Gazette %

Non-apparent disabilities affect 10% of the U.S. population

Openness about disabilities can empower students to succeed academically [ more ]

www.cbc.ca

This Telus offshoot only covers certain drugs for its employees if they come from its own pharmacy | CBC News

Employees of Telus Health are required to use the company's virtual pharmacy for certain prescription drugs.

The policy raises concerns about limited choice for employees and potential impact on those in rural areas. [ more ]

MedCity News

Tools for Better Data Interoperability Are Here - But Providers Aren't Adopting Them

Interoperability remains a challenge in the healthcare industry.

Software developers are striving to enhance data sharing tools and standards. [ more ]

therealdeal.com

3 months ago

UCI Health to Acquire Four Orange County Hospitals for $1B

UCI Health has paid $975 million in cash to buy four hospitals in Orange County from Tenet Healthcare.

The sale is expected to close this spring, subject to regulatory approvals, clearances, and closing conditions. [ more ]

www.bostonherald.com

Biology, anatomy, and finance? More med students want business degrees too

More medical schools are offering dual MD-MBA programs, leading to an increase in physicians earning advanced business degrees.

Physicians are pursuing business degrees to work in the booming healthcare industry and maximize profits. [ more ]

Axios

A rumored merger would create yet another health care titan

A potential merger between health insurers Cigna and Humana could create a massive company in the healthcare industry.

The consolidation of hospitals, doctors, and insurers has raised concerns about the impact on patients and taxpayers. [ more ]

eLearning Industry

Online learning

eLearning For The Healthcare Industry: Addressing Critical Training Needs

Implementing eLearning in healthcare is crucial due to industry complexity and diverse needs.

Challenges in healthcare training include technical improvements, constant learning, clinical understanding, and dealing with diversity. [ more ]

Berlin Startup Jobs

Berlin

Job Vacancy: Technischer Vertrieb Auendienst - Ostdeutschland // HKK Bionics GmbH | Sales Jobs | Berlin Startup Jobs

Innovative motorized hand orthosis

Requirements for Sales Representative [ more ]

Sacramento Bee

Faceoff between Anthem Blue Cross, UC Health shows hazards of industry consolidation

Half a million Anthem Blue Cross enrollees were at risk of losing in-network access to UC Health's network of hospitals and medical facilities.

Patients are increasingly caught in the crossfire of contract disputes, resulting in higher bills for them. [ more ]

WSJ

Opinion | Magic Pills Are Coming

The healthcare industry is heavily focused on finding a magic pill that can cure major diseases.

Chronic diseases, often caused by obesity, are a significant contributor to healthcare costs. [ more ]

Alleywatch

3 months ago

Startup companies

Conflixis Raises $275K to Make Sure Conflicts of Interest are Minimized and Possibly Managed

Conflict of interest can leave organizations vulnerable to civil liability and criminal prosecution.

Conflixis is an AI-powered platform that detects fraud, overspending, and compliance related to conflicts of interest. [ more ]

Bloomberg

3 months ago

Privacy technologies

Bloomberg

Blockchain technology is being implemented in the healthcare industry to address issues of data security and interoperability.

The use of blockchain in healthcare can improve patient data management and facilitate secure data sharing between healthcare providers. [ more ]

WSJ