Avicenna Medical Blog

Care Management Weekly News Update 08/09/23

Posted by DeAnn Dennis on Wed, Aug 09, 2023 @ 11:30 AM

In what the Centers for Medicare & Medicaid Services (CMS) today described as a “parity adjustment recalibration,” the agency said it will increase payments to skilled nursing facilities by 4%, or $1.4 billion, starting in fiscal year 2024.

Oracle Cerner has lost thousands of hospital beds in recent years because of hospital consolidation and large health systems shifting to its biggest competitor, according to EHR market share data and interviews with CIOs.

Majority of health system executives believe generative AI will reshape the industry, yet only 6% have a strategy in place

In a recent Bain survey of health system executives, 60% cited rising costs as their greatest concern. Bain's research shows artificial intelligence (AI) may hold part of the answer, but few hospitals are tapping into its potential.

The period during and after hospital mergers and acquisitions is an especially vulnerable time for patient data when the chance of a cybersecurity breach more than doubles, according to research by a University of Texas at Dallas doctoral student.

Tags: Weekly Industry News