Happy Wednesday! Payers are going all in on tech—62% of health plan leaders said they’re focused on investing in tech to tackle everything from employee burnout to improving claims accuracy, according to a survey from healthcare software company HealthEdge. If you work for a payer and have thoughts on this tech-forward trend, drop us a line below. We’d love to hear from you.
In today’s edition:
⚕️ Safe staffing
Diabetes costs
Lagging behind
—Amanda Eisenberg, Will Peischel, Courtney Vinopal
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Anne Czichos/Getty Images
Three prominent New York City hospitals shelled out more than $2 million to New York State Nurses Association (NYSNA) members this month over alleged “chronic nurse understaffing,” according to the union.
Following arbitration, Mount Sinai Morningside paid nearly $934,000 to nurses in its emergency department, Mount Sinai West paid more than $957,000 to its labor-and-delivery unit nurses, and Mount Sinai Hospital paid more than $240,000 to nurses in an oncology unit, according to NYSNA.
“To echo one of the arbitrators in these recent decisions, ‘The numbers do not lie,’” NYSNA Executive Director Pat Kane said in a statement. “Hospital administrators must do better—and we know they can afford to do better.”
It’s the eighth time arbitrators have ruled against the health system for understaffing, despite a 2023 state law requiring hospitals to create staff and management committees that establish plans for lower nurse-to-patient ratios.
Keep reading here.—AE
Do you work in healthcare or have information about the industry that we should know? Email Amanda at [email protected]. For confidential conversations, ask Amanda for her number on Signal.
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PRESENTED BY GE HEALTHCARE
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2024 is set to be a game changer in the medical world—and the start of a new era. GE HealthCare President and CEO Peter Arduini says that in “the next 10 years, we may see some of the most profound changes in healthcare, more so than the whole last 100 put together.”
So, what’s to come?
GE HealthCare has the scoop in The Trends Reshaping Healthcare. You’ll get top-notch insight on how technology is delivering more accessible, cost-effective models of care as well as a stat-packed analysis of healthcare’s next frontier.
Curious about what kind of breakthroughs GE HealthCare discusses? You’ll get deets on:
- precision healthcare
- artificial intelligence
- democratized healthcare
Prepare to navigate a new frontier.
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CaíQue De Abreu/Getty Images
Diabetes patients with access to lower-cost medications may be less likely to experience preventable health complications, a February study from researchers at Duke University and not-for-profit health services company Harvard Pilgrim Health Care found.
The researchers examined 10,588 diabetes patients from 2004 to 2017, aged 12 to 64, who were enrolled in a commercial health plan that included a preferred drug list (PDL)—a benefit that can lower costs for medications like insulin. Compared to the control group of 690,075 patients living with the disease who did not have access to a PDL, the research subjects saw “modestly improved short-term health outcomes” when medication was more affordable.
“We can see that their out-of-pocket costs went down,” Frank Wharam, the study coauthor and professor at the Duke-Margolis Center for Health Policy, told Healthcare Brew. “Their medication use went up, and we can see that their complications went down.”
Keep reading here.—WP
Do you work in healthcare or have information about the industry that we should know? Email Will at [email protected]. For confidential conversations, ask Will for his number on Signal.
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Ekaterina Madrid/Getty Images
Women make up about three-quarters of healthcare workers in the US, but those who have kids may struggle to access parental leave, according to a recent report.
The report, from The Best Place For Working Parents, looks at trends in “family-friendly policies” being implemented by employers across the US, including paid time off, on-site childcare, and flexible work. It considers benefits offered by more than 1,200 companies in the organization’s national network, which focuses on “providing support for working parents through evidence-based strategies.”
Businesses in the healthcare sector were the least likely to offer maternity or paternity leave, with 59% and 35% of organizations surveyed doing so, respectively.
Keep reading at HR Brew.—CV
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TOGETHER WITH GE HEALTHCARE
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Ready to ride healthcare’s next wave? Medical breakthroughs and technological innovations are pushing healthcare to a new frontier—meaning 2024 is gonna be one for the books. GE HealthCare covers everything you need to know, from insights on AI to an overview of democratized healthcare. Dive into the future.
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Francis Scialabba
Today’s top healthcare reads.
Stat: About one in four adults in the US have higher levels of niacin, an essential B vitamin that may increase the risk of heart disease, than is recommended. (NBC News)
Quote: “When you are African American or Black, you’re more comfortable interacting with someone who knows, ‘OK, he might have grew up here, or he might eat this, or I heard them do that.’”—Elston Harris, a 59-year-old Black man who was treated for a heart attack, on having a cardiologist who’s the same race as him (NBC News)
Read: Intergenerational programs that foster communication may help improve health. (the New York Times)
Significant stride: Healthcare is on track to break new ground this year. Want the scoop? GE HealthCare covers all the deets, from info on AI to precision healthcare. Get ready.* *A message from our sponsor.
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iHire’s healthcare-specific communities—like iHireNursing, iHirePharmacy, and iHireMentalHealth—cut through the noise and connect you with jobs that match your unique experience so you can get hired faster.
Recruit smarter in 2024 with guidance from iHire’s 2nd Annual Hiring & Job Search Outlook Report, featuring the results of a survey of 1,300+ job seekers and data-driven insights.
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