Newsletter Tool

Weekly Digest

This Week

May 11, 2024

The race for healthcare AI models heats up as Google's Med-Gemini surpasses GPT-4

Here's how major payers fared in a Q1 dragged by a cyberattack, MA challenges

Moniker magic: The adventurous world of naming a startup

House Ways and Means Committee advances 2-year telehealth extension bill

Medicare hospital trust fund extended by 5 years to 2036 - Paige Minemyer

Featured

The race for healthcare AI models heats up as Google's Med-Gemini surpasses GPT-4

By Emma Beavins

Results released by Google on Med-Gemini's performance show that it outperforms existing AI/ML including GPT-4 on over a dozen industry benchmarks.

Here's how major payers fared in a Q1 dragged by a cyberattack, MA challenges

By Paige Minemyer

It's been a bit of a weird start to the year for the insurance industry, as ongoing headwinds in Medicare Advantage and a massive cyberattack drove results that buck the typical earnings trends.

Moniker magic: The adventurous world of naming a startup

By Anastassia Gliadkovskaya

Every founder has a different story to tell about naming a startup. Two main approaches exist: Do it yourself or outsource help. It all comes down to what they can afford.

House Ways and Means Committee advances 2-year telehealth extension bill

By Emma Beavins

Pandemic-era Medicare telehealth flexibilities that removed restrictions on how a Medicare beneficiary could access telehealth are set to expire at the end of 2024. New legislation extends the pandemic provisions for two more years, through 2026. The offsets for the bill include pharmacy benefit manager reforms.

Medicare hospital trust fund extended by 5 years to 2036

By Noah Tong

The Medicare Hospital Insurance Trust Fund won't run out of money as quickly as expected. Here's how federal officials are reacting.

Ascension expects cybersecurity downtime procedures to last 'for some time'

By Dave Muoio

With EHRs and other systems down during the investigation of a now-confirmed cybersecurity incident, the Catholic health giant said it is rescheduling non-emergent electives and diverting emergency medical services at "several hospitals."

Steward Health Care tells bankruptcy court it plans to sell all 31 hospitals, but summer deadline 'not feasible'

By Dave Muoio

The for-profit, which has about $9 billion in total liabilities, on Tuesday received the go-ahead on a $75 million debtor-in-financing loan. In a virtual hearing, its legal representation bemoaned regulatory delays with its planned physician group sale to Optum that "would have been more than enough to settle" its outstanding loans.

Women do better with female physicians, and men benefit, too, study finds

By Nick Thomas

Medicare patients who are women tend to have better outcomes when they see female physicians than male doctors, and male patients can benefit, too. A new report looks at possible reasons for such differences.

In-House Health nabs $4M to build out AI-enabled scheduling platform for nursing teams

By Heather Landi

In-House Health developed an artificial intelligence-driven scheduling and management platform for modern nursing teams. The startup picked up $4 million in seed funding from NEA and TMV to build out its platform.

Oscar Health records first quarterly net profit, exceeds EPS expectations

By Noah Tong

Oscar Health is in the green for the first time in company history, with nearly all financial metrics exceeding market expectations during the company's first quarter earnings call.

Fierce podcasts

Don’t miss an episode

Overcoming veteran healthcare hurdles

In this week’s episode of “Podnosis,” Fierce Healthcare Senior Writer Anastassia Gliadkovskaya sits down with two experts to discuss how stakeholders can help overcome the issues plaguing the veteran healthcare system.