August 19, 2024
Despite the theoretical advantages of value-based care models, many primary care physicians are hesitant to adopt these payment structures. A study by the Commonwealth Fund and Mathematica reveals that financial obstacles, workforce shortages, and extensive documentation demands inhibit their participation. Additionally, smaller and rural practices are particularly disadvantaged. The report suggests solutions like better financial incentives, more support for workforce development, and simplifying performance measures to encourage broader adoption of value-based care among primary care providers.
‘Great on Paper’: Why Primary Care Physicians Are Reluctant To Join Value-Based Care - MedCity News MedCity News
August 19, 2024
This article from *The Surgeon's Record* explores the challenges faced by major retail players as they attempt to enter the healthcare sector, highlighting recent strategic retreats and pivots. It delves into Walmart's discontinuation of its in-store healthcare services and Humana's subsequent use of these spaces, Walgreens' financial setbacks related to VillageMD, and CVS's continued commitment to healthcare despite cost pressures. The article also discusses Amazon's healthcare strategy, including its significant investments and operational hurdles. The insights from healthcare finance expert Blake Madden provide additional context on why these retail giants struggle with healthcare ventures, emphasizing the unique challenges of integrating healthcare into their existing business models.
Retail Health Headwinds + Amazon's Long Game The Surgeon's Record
August 19, 2024
A recent article from the LA Times reports on a massive data breach that could have more severe consequences than initially anticipated. The breach has potentially exposed sensitive information on a large scale, raising concerns about data security and privacy for individuals and businesses alike. Details about the extent of the breach and the specific data compromised are still emerging, with experts urging affected parties to take precautionary measures to protect their information.
Massive data breach that includes Social Security numbers may be even worse than suspected — Los Angeles Times Los Angeles Times
August 19, 2024
As the use of artificial intelligence (AI) in healthcare becomes more prevalent, there is a critical need for oversight to prevent potential patient harm. This article proposes the establishment of national AI algorithm assurance laboratories to test and certify AI tools, ensuring they are developed using diverse datasets and demonstrate meaningful clinical outcomes in real-world settings before receiving regulatory approval. The goal is to enhance safety, instill confidence among patients and healthcare professionals, and incentivize developers to prioritize these concerns. Effective, rigorous, and rapid testing and certification shared between developers and users are essential for fulfilling the expectations of various stakeholders in the healthcare sector.
Shared Responsibility of AI Oversight publication
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