March 27, 2024
The Lown Institute's recent analysis reveals that 80% of nonprofit hospitals invest less in community benefits, including financial assistance, than they save from tax breaks, creating a "fair share deficit" totaling $25.7 billion across 2,425 hospitals. This deficit, highlighting a significant gap between the institutions' tax savings and their contributions to community health, could have addressed 29% of the United States' medical debt. Among the highlighted institutions, New York-Presbyterian, UPMC Presbyterian, and NYU Langone face the largest deficits, with top offending health systems including Kaiser Permanente and Providence. The Lown Institute criticizes these practices and calls for more stringent regulations and accountability to ensure that nonprofit hospitals contribute more significantly to the communities they serve. The critique extends to the allocation methods of community benefits, urging a reevaluation of spending categories and the introduction of minimum spending thresholds to enhance transparency and impact.
Lown: Nonprofit hospitals' tax savings outpace community benefit FierceHealthcare
March 27, 2024
The US Department of Justice, alongside 16 state and district attorneys general, has filed an antitrust lawsuit against Apple, accusing the tech giant of maintaining an illegal monopoly in the smartphone market. The lawsuit alleges that Apple has engaged in practices that drive up prices and restrict competition, such as imposing contractual restrictions on developers, blocking cloud-streaming apps, and limiting interoperability with rival products, thus making users more reliant on Apple's ecosystem. The government seeks to compel Apple to cease these practices, though it has not specified if it would seek to break up the company. Apple has responded by asserting that the lawsuit misunderstands its business and threatens its ability to innovate, indicating plans to vigorously defend against the claims. This action against Apple follows a pattern of increased scrutiny by US authorities on tech giants for alleged monopolistic practices.
US sues Apple for illegal monopoly over smartphones - The Verge The Verge
March 27, 2024
In the article "To Transform Care, Health Systems Must Collaborate To Adopt Innovations" by Rod Hochman, MD, the essential role of collaboration in advancing health care through technology and innovation is emphasized. Hochman reflects on the pioneering spirit of the Catholic sisters who founded health care institutions, highlighting their adaptability and commitment to serving communities as a model for modern health systems. The article discusses the challenges and opportunities presented by the rapid development of technologies such as artificial intelligence (AI), the importance of integrating and utilizing data efficiently, and the strategic establishment of global innovation centers. It underlines Providence St. Joseph Health's efforts to modernize infrastructure, leverage global talent, and advance health care delivery through AI and data analytics while maintaining a commitment to ethical practices and community service. The collaboration between health systems and technology partners is positioned as crucial for harnessing the potential of AI and other technologies to improve patient care and address current health care challenges.
To Transform Care, Health Systems Must Collaborate To Adopt Innovations Health Progress
March 27, 2024
Amazon Pharmacy has introduced Same-Day Delivery for prescription medications in New York City and the greater Los Angeles area, utilizing a blend of environmentally friendly delivery methods such as e-bikes, electric vans, and drones. This service, which will extend to over a dozen U.S. cities by year-end, leverages advanced technology including generative AI to enhance the speed and accuracy of prescription processing. By integrating this service into its existing logistics network, Amazon aims to improve convenience for customers dealing with acute conditions by reducing prescription delivery times from days to hours. This move not only aims to provide faster access to medications but also strives to improve overall health outcomes by making it more likely for patients to adhere to their medication schedules.
March 27, 2024
The Lown Institute's recent analysis reveals that 80% of nonprofit hospitals invest less in community benefits, including financial assistance, than they save from tax breaks, creating a "fair share deficit" totaling $25.7 billion across 2,425 hospitals. This deficit, highlighting a significant gap between the institutions' tax savings and their contributions to community health, could have addressed 29% of the United States' medical debt. Among the highlighted institutions, New York-Presbyterian, UPMC Presbyterian, and NYU Langone face the largest deficits, with top offending health systems including Kaiser Permanente and Providence. The Lown Institute criticizes these practices and calls for more stringent regulations and accountability to ensure that nonprofit hospitals contribute more significantly to the communities they serve. The critique extends to the allocation methods of community benefits, urging a reevaluation of spending categories and the introduction of minimum spending thresholds to enhance transparency and impact.
Lown: Nonprofit hospitals' tax savings outpace community benefit FierceHealthcare
March 27, 2024
The US Department of Justice, alongside 16 state and district attorneys general, has filed an antitrust lawsuit against Apple, accusing the tech giant of maintaining an illegal monopoly in the smartphone market. The lawsuit alleges that Apple has engaged in practices that drive up prices and restrict competition, such as imposing contractual restrictions on developers, blocking cloud-streaming apps, and limiting interoperability with rival products, thus making users more reliant on Apple's ecosystem. The government seeks to compel Apple to cease these practices, though it has not specified if it would seek to break up the company. Apple has responded by asserting that the lawsuit misunderstands its business and threatens its ability to innovate, indicating plans to vigorously defend against the claims. This action against Apple follows a pattern of increased scrutiny by US authorities on tech giants for alleged monopolistic practices.
US sues Apple for illegal monopoly over smartphones - The Verge The Verge
March 27, 2024
In the article "To Transform Care, Health Systems Must Collaborate To Adopt Innovations" by Rod Hochman, MD, the essential role of collaboration in advancing health care through technology and innovation is emphasized. Hochman reflects on the pioneering spirit of the Catholic sisters who founded health care institutions, highlighting their adaptability and commitment to serving communities as a model for modern health systems. The article discusses the challenges and opportunities presented by the rapid development of technologies such as artificial intelligence (AI), the importance of integrating and utilizing data efficiently, and the strategic establishment of global innovation centers. It underlines Providence St. Joseph Health's efforts to modernize infrastructure, leverage global talent, and advance health care delivery through AI and data analytics while maintaining a commitment to ethical practices and community service. The collaboration between health systems and technology partners is positioned as crucial for harnessing the potential of AI and other technologies to improve patient care and address current health care challenges.
To Transform Care, Health Systems Must Collaborate To Adopt Innovations Health Progress
March 27, 2024
Amazon Pharmacy has introduced Same-Day Delivery for prescription medications in New York City and the greater Los Angeles area, utilizing a blend of environmentally friendly delivery methods such as e-bikes, electric vans, and drones. This service, which will extend to over a dozen U.S. cities by year-end, leverages advanced technology including generative AI to enhance the speed and accuracy of prescription processing. By integrating this service into its existing logistics network, Amazon aims to improve convenience for customers dealing with acute conditions by reducing prescription delivery times from days to hours. This move not only aims to provide faster access to medications but also strives to improve overall health outcomes by making it more likely for patients to adhere to their medication schedules.
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