27 APR 2024 · In this solo episode, we dive into the latest economic indicators revealing disappointing U.S. GDP growth and what it means for the Fed, the Biden administration, and the healthcare industry amidst an election year. We explore significant healthcare deals, including telehealth advancements and AI contributions to medical billing, alongside payer news highlighting earnings and Medicaid updates. The episode also touches on regulatory shifts affecting labor and non-compete agreements and concludes with intriguing AI developments in healthcare. Join us for an insightful discussion on how these elements intertwine to shape our economic and healthcare landscapes.
Please check out our Episode Resources below:
------🔎RESOURCES🔎
0:57 - 1st Quarter GDP report (released Thurs 4/25) https://www.barrons.com/livecoverage/us-gdp-first-quarter-report
3:41 - Summer Health grabs $12M for pediatric support https://www.axios.com/pro/health-tech-deals/2024/04/23/summer-health-raises-pediatric-urgent-care-kids?utm_source=alert&utm_medium=email&utm_campaign=alerts_pro_deals_healthtech_subs
5:43- Avive pockets $57M for a portable defibrillator to speed up cardiac arrest response https://www.fiercehealthcare.com/health-tech/avive-raises-565m-growth-equity-funding-adds-investors
6:13 - Alaffia scores $10M for claim operations https://www.axios.com/pro/health-tech-deals/2024/04/24/alaffia-10-million-health-plan-claim-operations?utm_source=alert&utm_medium=email&utm_campaign=alerts_pro_deals_healthtech_subs
7:18 - Humana Reports $741 Million Profit And Boosts Medicare Forecast https://www.forbes.com/sites/brucejapsen/2024/04/24/humana-reports-741-million-profit-and-boosts-medicare-forecast/?sh=3774d8963024
8:40 - CMS finalizes sweeping Medicaid managed care rules https://www.modernhealthcare.com/medicaid/medicaid-managed-care-rules-transparency-cms https://www.fiercehealthcare.com/payers/cms-unveils-managed-care-rule-refutes-nursing-home-rule-complaints
14:41 - Online chatter points to broad layoffs at Optum—but the full extent is unclear https://www.fiercehealthcare.com/payers/optum-undergoes-mass-layoffs-scale-unclear
17:14 - Oracle to Move Headquarters Again, This Time to Nashville https://www.wsj.com/tech/oracle-to-move-headquarters-again-this-time-to-nashville-035ca2b9?st=0v11arrjv3ty8i3&reflink=desktopwebshare_permalink
20:18 - FTC votes 3-2 on final rule to ban noncompete agreements, but legal challenges expected https://www.fiercehealthcare.com/regulatory/ftc-votes-3-2-issue-final-rule-banning-noncompetes
FTC Bans Noncompete Agreements That Restrict Job Switching https://www.wsj.com/politics/policy/ftc-bans-noncompete-clauses-that-restrict-job-switching-984d2187?st=2qgrm0jn07w1o74&reflink=desktopwebshare_permalink
25:07 - Tenet Healthcare reaches tentative contract with 2,800 workershttps://www.modernhealthcare.com/labor/tenet-healthcare-union-contract-california
26:24 - Jury awards Providence's hourly workers $98M in unpaid wages, though judge could double payout https://www.fiercehealthcare.com/providers/jury-awards-providences-hourly-workers-98m-unpaid-wages-though-judge-could-double-payout
26:49 - Watch Your Step! Survival Rates Following Hip Fracture Worse Than For Many Cancers https://www.forbes.com/sites/williamhaseltine/2024/04/23/watch-your-step-survival-rates-following-hip-fracture-worse-than-for-many-cancers/?sh=23d37d235ace
29:16 - Meta releases Llama 3, claims it’s among the best open models available https://techcrunch.com/2024/04/18/meta-releases-llama-3-claims-its-among-the-best-open-models-available/
33:48 - GE HealthCare launches voice-activated, AI-powered ultrasound machines for women's health https://www.fiercebiotech.com/medtech/ge-healthcare-launches-voice-activated-ai-powered-ultrasound-machines-womens-health
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