The article about Pediatric Associates in CA has a nugget with a potentially outsized impact: the implication that VFC vaccines…
News 4/5/23
Top News
Practice management and patient engagement vendor Engage Technologies Group acquires APX Platform, which specializes in practice management software for aesthetic practices.
APX founder and Co-CEO Terri Ross will join Engage as president of its aesthetics division, while co-CEO Izhak Musli will become SVP of Engage’s product development and data science.
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Acquisitions, Funding, Business, and Stock
Signify Health CEO Kyle Armbrester tells Axios that being acquired by CVS Health will enable the senior-focused, home healthcare company to build out products, pursue mergers and acquisitions, and prioritize pharmacy services and medication adherence programs for its patients. Remote patient monitoring is also an area of focus, according to Armbrester, who was formerly an SVP and chief product officer at Athenahealth.
An article in Health Affairs looks at the implications of the $50 billion “investment frenzy” of corporations like Amazon, CVS Health, and Walmart gobbling up and building out primary care practices. CMS-compelled reimbursement policies and value-based care contracts are, according to the authors, what will lead to increased costs, monopolization, and a stagnant market that does not favor the patient.
People
Amar Desai, MD returns to UnitedHealth as executive-in-residence, serving as a senior adviser to CEO Andrew Witty. Desai left the payer last October to join CVS Health as head of its new healthcare delivery division, overseeing clinical services delivered through the company’s retail health, chronic disease management, and behavioral health service lines.
Research and Innovation
An MGMA survey of 569 medical group leaders finds that 10% use AI tools in their practices. Top uses for those tools include patient communications, capturing clinical documentation, and improving predictive analytics and billing operations. The majority of those who don’t use AI-enabled solutions say they won’t until they see more evidence of their ROI.
Other
Just in time for HIMSS: Inviza Health debuts self-charging smart insoles that can track a wearer’s steps, heart rate, body temperature, and blood oxygen levels. Embedded GPS tracking and fall detection make them suitable for those with Alzheimer’s. The wearables pair with a companion app and clinical dashboard for remote patient monitoring.
Sponsor Updates
- AdvancedMD releases 31 updates with enhancements to telehealth, medication cards, claims status, and mobile prescription drug monitoring program features.
- Nordic releases another episode of its In Network podcast feature, Designing for Health: “Designing for Health: Interview with Dr. Archana Tedone.”
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