Practice Management

McKesson Corporation Declares Quarterly Dividend

Retrieved on: 
Wednesday, April 24, 2024

The Board of Directors of McKesson Corporation (NYSE:MCK) yesterday declared a regular dividend of 62 cents per share of common stock. The dividend will be payable on July 1, 2024, to stockholders of record on June 3, 2024.

Key Points: 

The Board of Directors of McKesson Corporation (NYSE:MCK) yesterday declared a regular dividend of 62 cents per share of common stock. The dividend will be payable on July 1, 2024, to stockholders of record on June 3, 2024.

Vizient conducts first Insight: Cell, Gene, and Specialty Pharmacy Symposium

Retrieved on: 
Tuesday, April 23, 2024

To date, there are 22 ultra-specialty treatments approved in the U.S. with prices ranging from $450,000 to $4.25 million for a single dose treatment.

Key Points: 
  • To date, there are 22 ultra-specialty treatments approved in the U.S. with prices ranging from $450,000 to $4.25 million for a single dose treatment.
  • Some estimates predict the market for these agents could reach $25 billion by 2026.
  • View a summary of the Insight: Cell, Gene, and Specialty Symposium .
  • For more information on cell and gene therapy, please see the Vizient 2024 Winter edition of the Pharmacy Market Outlook .

Addus HomeCare Comments on Final Department of Health and Human Services Rule

Retrieved on: 
Tuesday, April 23, 2024

Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, commented on the final rule announced on April 22, 2024, by the Department of Health and Human Services (HHS) known as “Ensuring Access to Medicaid Services.” The rule incorporates new requirements governing Medicaid Services, including Home and Community-Based Services (HCBS).

Key Points: 
  • Addus HomeCare Corporation (Nasdaq: ADUS), a provider of home care services, commented on the final rule announced on April 22, 2024, by the Department of Health and Human Services (HHS) known as “Ensuring Access to Medicaid Services.” The rule incorporates new requirements governing Medicaid Services, including Home and Community-Based Services (HCBS).
  • The proposed requirements are intended to improve access to care, increase transparency and accountability, and promote health equity for Medicaid beneficiaries, including those who receive home health services.
  • The final rule has kept this requirement, however, it extends the period for states to comply to six years from four years after the effective date of the final rule.
  • “We would expect to see the most significant negative impact from implementation of the rule on smaller providers and the beneficiaries they serve.

19-Provider FQHC Coastal Bend Wellness Foundation Selects eClinicalWorks AI Solutions and Sunoh.ai to Reduce Physician Burnout

Retrieved on: 
Tuesday, April 23, 2024

eClinicalWorks® , the largest ambulatory cloud EHR and first AI-driven EHR, today announced that Texas-based FQHC Coastal Bend Wellness Foundation selected eClinicalWorks AI solutions and Sunoh.ai to streamline clinical documentation, reduce burnout and improve quality of care.

Key Points: 
  • eClinicalWorks® , the largest ambulatory cloud EHR and first AI-driven EHR, today announced that Texas-based FQHC Coastal Bend Wellness Foundation selected eClinicalWorks AI solutions and Sunoh.ai to streamline clinical documentation, reduce burnout and improve quality of care.
  • Sunoh.ai, the revolutionary AI-powered, EHR-agnostic, ambient listening technology, is available to Coastal Bend Wellness Foundation through eClinicalWorks integration with Sunoh.ai .
  • View the full release here: https://www.businesswire.com/news/home/20240423089397/en/
    Coastal Bend Wellness Foundation is a federally qualified health center (FQHC) that offers comprehensive healthcare services.
  • The non-profit organization aims to implement advanced AI solutions to reduce administrative burdens leading to physician burnout, improve productivity, streamline clinical workflows, and enhance efficiency.

Swisslog Healthcare Welcomes Brian Roberts as SVP of Medication Management, North America

Retrieved on: 
Monday, April 22, 2024

Swisslog Healthcare , a global industry leader in pharmacy and transport automation solutions, announced the appointment of Brian Roberts as the Senior Vice President of Sales and Services in North America for the Medication Management business unit.

Key Points: 
  • Swisslog Healthcare , a global industry leader in pharmacy and transport automation solutions, announced the appointment of Brian Roberts as the Senior Vice President of Sales and Services in North America for the Medication Management business unit.
  • Roberts will report to Jan Zuurbier , the General Manager for the Medication Management business unit of Swisslog Healthcare.
  • “Brian will have a dedicated focus on the North American healthcare automation market, build a further presence for Swisslog Healthcare in the broader hospital industry, and provide attentive leadership for the functional leaders who are driving our day-to-day customer interactions,” said Jan Zuurbier, General Manager for the Medication Management business unit of Swisslog Healthcare.
  • With Roberts leading the Sales and Services in North America for the Medication Management business unit, Swisslog Healthcare remains dedicated to its mission to provide unparalleled services and innovative solutions to its customers in North America and beyond.

UnitedHealth Group Updates on Change Healthcare Cyberattack

Retrieved on: 
Monday, April 22, 2024

UnitedHealth Group (NYSE: UNH) is announcing support for people who may be concerned about their personal data potentially being impacted based on preliminary findings from the ongoing investigation and review of the data involved in the malicious criminal cyberattack on Change Healthcare.

Key Points: 
  • UnitedHealth Group (NYSE: UNH) is announcing support for people who may be concerned about their personal data potentially being impacted based on preliminary findings from the ongoing investigation and review of the data involved in the malicious criminal cyberattack on Change Healthcare.
  • The company is also providing an update on progress in restoring Change Healthcare’s products and services.
  • Change Healthcare has made continued strong progress restoring services impacted by the event.
  • Other Change Healthcare services, including eligibility software and analytical tools, are being restored on a rolling basis with the active reconnection of our customers now the priority.

DocGo to Announce First Quarter 2024 Results on Wednesday, May 8, 2024

Retrieved on: 
Monday, April 22, 2024

DocGo Inc. (Nasdaq: DCGO) (“DocGo” or the “Company”), a leading provider of technology-enabled mobile health services, announced today that the Company will release its financial results for the first quarter ended March 31, 2024 after the markets close on Wednesday, May 8, 2024.

Key Points: 
  • DocGo Inc. (Nasdaq: DCGO) (“DocGo” or the “Company”), a leading provider of technology-enabled mobile health services, announced today that the Company will release its financial results for the first quarter ended March 31, 2024 after the markets close on Wednesday, May 8, 2024.
  • Management will also host a conference call to discuss these results at 5:00 p.m.
  • ET on that day.
  • Conference call and webcast details:

Laurie McGraw Joins Transcarent as Executive Vice President

Retrieved on: 
Monday, April 22, 2024

Transcarent , the One Place for Health and Care, announced today that Laurie McGraw has joined the organization as Executive Vice President.

Key Points: 
  • Transcarent , the One Place for Health and Care, announced today that Laurie McGraw has joined the organization as Executive Vice President.
  • Reporting to Transcarent Chief Executive Officer Glen Tullman, Ms. McGraw will support the organization’s commercial endeavors across business and channel development.
  • Ms. McGraw has held several leadership positions at high-growth commercial companies and powerful non-profits, at the intersection of health, care, and innovation.
  • Ms. McGraw’s experience includes her position as Senior Vice President at the American Medical Association (AMA) and as President of AMA Innovations.

HealthStream Announces First Quarter 2024 Results

Retrieved on: 
Monday, April 22, 2024

A reconciliation of projected adjusted EBITDA to projected net income (the most comparable GAAP measure) is included later in this release.

Key Points: 
  • A reconciliation of projected adjusted EBITDA to projected net income (the most comparable GAAP measure) is included later in this release.
  • This consolidated guidance does not include the impact of any acquisitions that we may complete during 2024, gains or losses from changes in the fair value of minority investments, or impairment of long-lived assets.
  • Commenting on first quarter 2024 results, Robert A. Frist, Jr., Chief Executive Officer, HealthStream, said, “We were pleased to achieve record quarterly revenues, record adjusted EBITDA, and a strong quarter overall, giving us confidence to reiterate our previously announced financial guidance.
  • Adjusted EBITDA is a non-GAAP financial measure and should not be considered as a measure of financial performance under GAAP.

Pediatrix Medical Group 2024 First Quarter Conference Call/Webcast Scheduled for Tuesday, May 7, 2024

Retrieved on: 
Monday, April 22, 2024

Pediatrix Medical Group, Inc. (NYSE: MD) will host an investor conference call and webcast on Tuesday, May 7, 2024 at 9:00 a.m.

Key Points: 
  • Pediatrix Medical Group, Inc. (NYSE: MD) will host an investor conference call and webcast on Tuesday, May 7, 2024 at 9:00 a.m.
  • ET to discuss results from operations for the quarter ended March 31, 2024.
  • A detailed press release will be issued the morning of May 7, 2024 before the securities markets open.
  • The investor conference call will be webcast and can be accessed at Pediatrix’s website, www.pediatrix.com/investors .