The article about Pediatric Associates in CA has a nugget with a potentially outsized impact: the implication that VFC vaccines…
News 10/16/23
Top News
Rite Aid files for Chapter 11 bankruptcy protection as part of a debt reduction program it is undertaking amidst flagging sales and the repercussions of prescription opioid-related lawsuits that saw it pay out $30 million in settlements in 2022. The retail pharmacy chain, which is also dealing with noncompliance issues related to its NYSE listing, has obtained $3.45 billion in financing from lenders to ensure its operation through the Chapter 11 process.
It anticipates selling its Elixir Solutions pharmacy benefits and solutions business to competitor MedImpact as part of the Chapter 11 process.
In addition, the company has named Stein Advisors founder Jeffrey Stein CEO and chief restructuring officer.
Webinars
October 25 (Wednesday) 2 ET. “Q&A: What’s new with the NSA? A No Surprises Act update.” Sponsor: Waystar. Presenters: Joseph Mercer, JD, managing director, Marwood Group; Heather Kawamoto, VP of product strategy, Waystar. The No Surprises Act created a lot of change, and those changes are still coming. A panel of revenue cycle experts answer frequently asked questions and offer a concise update on the NSA, including legislative developments, FAQs, and tips for navigating changes.
October 25 (Wednesday) 2 ET. “AMA: The Power of Data Completeness.” Sponsor: Particle Health. Presenters: Jason Prestinario, MSME, CEO, Particle Health; Carolyn Ward, MD, director of clinical strategy, Particle Health. Is your healthcare organization looking to drive profitability and scale quickly? Our experts will explore how comprehensive clinical data can revolutionize the health tech landscape. This engaging discussion will cover trending topics such as leveraging AI and data innovation to enhance patient care and outcomes, real-world examples of organizations leading the charge in data-driven healthcare, overcoming challenges in data completeness and interoperability, and visionary perspectives on the future of care delivery.
Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.
People
CVS Health names Oak Street Health CEO Mike Pykosz interim president of Health Services. Pykosz takes over the role from CFO and EVP Shawn Guertin, who has taken a leave of absence for family reasons.
Announcements and Implementations
Compliancy Group announces GA of The Guard, its healthcare compliance platform encompassing solutions for HIPAA, OSHA, SOC-2, and custom programs.
Addiction treatment provider Cedar Recovery (TN) launches Studio Health, a virtual mental health program.
Other
Providers and patients using SimplePractice’s telehealth software now receive an alert at the beginning of sessions letting them know that MacOS software will automatically display video reactions like fireworks and hearts when certain hand gestures are detected.
Bedside manner seems to be driving factor behind the success of the Buladean rural telehealth clinic, according to patients. Telefacilitator Vicki Garland, a former paramedic, welcomes and assists patients during their appointments at the Buladean clinic in North Carolina. She also assists patients at the (somewhat) nearby Tipton Hill telehealth clinic, a job she took on after her predecessor had trouble connecting with the local community. “Mountain people are clannish,” Garland explains. “You have to know how to speak to them, and that’s where I fit in.”
Sponsor Updates
- The Dermatology Specialists realizes a 50% reduction in claim submission lab and a 33% reduction in payer rejections after implement RCM optimization services from EClinicalWorks.
- PerfectServe will exhibit at the American Association of Physician Leadership Fall Institute October 26-29 in Scottsdale, AZ.
- EClinicalWorks will exhibit at MGMA’s Leaders Conference October 22-25 in Nashville.
- Valley ENT reaches 10,000 patients with its first Text2Pay campaign using Healow Payment Services from EClinicalWorks.
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