October 22, 2024
NVIDIA and Deloitte are partnering to create Frontline AI Teammates, digital agents designed to support patients in healthcare settings, especially before surgeries. Utilizing NVIDIA's AI technology, these avatars provide instant, human-like responses to patient inquiries, aiming to reduce pre-surgery anxiety and improve overall patient experience. The AI agents are powered by the NVIDIA AI Enterprise software, enabling multilingual communication and enhanced engagement. They assist with practical tasks such as scheduling and completing intake forms, while also alleviating administrative pressures on healthcare providers, allowing them to concentrate on direct patient care.
NVIDIA and Deloitte Unveil AI Agents to Ease Pre-Surgery Patient Anxiety NVIDIA
October 21, 2024
Mark Cuban's campaign against pharmacy benefit managers (PBMs) is gaining traction, bolstered by support from Vice President Kamala Harris, who recently announced a proposal addressing middlemen in the pharmaceutical industry. This development aligns with Cuban's advocacy for greater healthcare transparency and clear pricing, aimed at reducing the influence of PBMs that contribute to high drug costs. His push for reform resonates with a growing coalition of policymakers concerned about the healthcare system's complexity and lack of accessibility. The collaboration between Cuban and Harris could herald a notable shift in federal approaches to PBM-related issues as scrutiny of the pharmaceutical industry intensifies.
Cuban and Harris Unite to Challenge Pharmacy Benefit Managers' Influence Stat News
October 21, 2024
UnitedHealth Group's third-quarter earnings report indicates a notable financial impact from the February ransomware attack on Change Healthcare, with $0.3 billion affecting earnings from operations of $8.7 billion. Adjusted earnings amounted to $9 billion, despite disruptions related to the cybersecurity incident. Following the report, the company's stock fell over 9%, reflecting investor apprehension about ongoing challenges. UnitedHealth Group maintained its adjusted net earnings outlook for the year, while the medical cost ratio increased from 82.3% to 85.2%, attributed to various factors including hospital coding practices and Medicaid rate adjustments, as noted by CFO John Rex.
UnitedHealth Reports $0.3 Billion Hit from Change Healthcare Ransomware Attack Healthcare Finance News
October 21, 2024
U.S. officials express heightened concern over rising ransomware attacks, predicting 2024 may be particularly severe. Ann Neuberger, deputy national security adviser, has pointed out that cyber insurance policies that cover ransom payments contribute to the issue, advocating for stricter cybersecurity prerequisites to reduce such reimbursements. Businesses grapple with the challenging decision of whether to pay ransoms, influenced by the urgency to resume operations and potential legal consequences, as seen in the Lehigh Valley Health Network case, where refusal to pay led to a significant data breach affecting over 134,000 patients.
U.S. Officials Warn: Ransomware Surge Threatens Businesses in 2024 CNBC
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