ABL HEALTHCARE ONLINE
ABL Healthcare Member News & Industry Trendletter * October 10, 2024
UPCOMING ABL-HEALTH
ZOOM TABLES + AN IN-PERSON EVENT
  • 10/15 - Bay Area ZOOM Table - Discussion Topic: "Two Government-Payer Experts Share Insights on Post-Election Healthcare Changes" - Featuring John Gorman & Dave Sayen

  • 10/18 - Los Angeles ZOOM Table - Discussion Topic: "Preparing for Post-Election Healthcare Change" - Featuring Tom Mone of OneLegacy

  • 11/06 - Orange County ZOOM Table - Discussion Topic: "Positioning for Partnership" - Featuring Ed Buckley, CEO of Select Data

  • 10/30 - Membership-wide IN-PERSON EVENT (in Orange County):
    "AI Evolutions in 2024" - Using AI to Solve Monolithic Real-World Problems You can listen, discuss, and meet with a great panel of speakers - and others who'll be with us for this special event; also featuring lunch and a Round Table. 9 am to 3 pm. **ABL Members have already received an Event Invitation by Separate Email - with Event Location and RSVP Link - RSVP Today!** Or Call Mimi Grant at 714-975-1422 for attendance details.
AI Evolutions Event Speakers

THE EVENT'S SPEAKERS:
Oli Thordarson, CEO of Alvaka, will kick off our event by showing us how to create customized musical birthday cards - in minutes - for the special people in our lives.
Jason Ciment, CEO of Get Visible, tracks all the new AI apps and add-ons that can transform and improve your work - or even your looks! He'll show and tell us about the best.
Steve Grau, CEO of Royal Ambulance, was an early beneficiary of Forbes "Rising Star" Tennr which uses AI to automate referral processing, payment posting, claims auditing, and medical records management. Trey Holterman, CEO of Tennr, will co-present with Steve.
Adam Miller, after selling Cornerstone for $5.2 billion, became a philanthropist and avid tech founder of several startups, including Clovers.ai, where, as co-founder and CEO, he helps companies and candidates build dream teams, starting with more effective interviews.
John Carroll and Jared Nagley, Partners, Antitrust & Competition at Sheppard Mullin, are already tracking the FTC's and DOJ's concerns about the potential market distortions threatened by generative AI. John and Jared will explain the Regulators' concerns.
Deb Muro, CIO of El Camino Hospital, reduced the number of patient falls by 39%, when she introduced predictive analytics. Now, she'll tell us how they're stretching Epic's AI capabilities.
Ujj Nath, CEO of myKaarma, is leveraging a host of solutions to make trips to your auto dealer faster, more efficient, and painless - including AI-Powered Vehicle Inspections!

EXPANDED ARTICLES
ABL-HEALTH MEMBER NEWS
Alameda Health System (Dave Sayen) Receives Grant for Making Patient House Calls

Alameda Health System (AHS) has received a new grant that will help doctors offer home visits to patients. The Building Trust grant is funded by the Alliance for Academic Internal Medicine, the American Board of Internal Medicine, the ABIM Foundation, the American College of Physicians, and the Gordon and Betty Moore Foundation, and will provide seed funding for AHS's home visit program. ALSO, AHS announced that Alameda Hospital Skilled Nursing Facility will be featured on the upcoming list of America's Best Nursing Homes 2025 by Newsweek and Statista. (BA)

Biospectal (Eliott Jones) Spotlighted in Industry Journals & Reports

Biospectal's OptiBP has been recognized recently in several industry publications: In the Journal of Hypertension's "Innovations in blood pressure measurement and reporting technology" position paper by leading international organizations; in Unitaid's recent report on innovations for the detection and management of pre-eclampsia; and in Digital Health Industry magazine, about Biospectal's collaboration with the World Health Organization to make OptiBP accessible worldwide. (BA)

Choice In Aging (Debbie Toth) Anticipates Annual Party on Oct. 20

Choice In Aging will hold its 7th Annual Bedford Block Party on Sunday afternoon, October 20, in Antioch, CA. In addition to welcoming Debbie back from her three month sabbatical, festivities will include a Mexican feast, refreshments, live music, bocce ball tournament, and online auction. Proceeds will help fund scholarships, meals, program activities, art, music, physical and occupational therapies, and more. (BA)

Donor Network West's Janice Whaley, Ph.D. Awarded for Multicultural Leadership

Janice Whaley, CEO of Donor Network West, was recently awarded the Dr. Oscar Salvatierra Vanguard Award for Multicultural Leadership at the 2024 AMAT (Association for Multicultural Affairs in Transplantation) Conference, where she was also the Keynote Speaker, discussing her industry's and organization's efforts to Empower, Engage, and Elevate inclusivity in organ donation and transplantation. (BA)

El Camino Health (Cecile Currier) Wins Platinum Performance Achievement Award for Cardiac Care

For the seventh consecutive year, El Camino Health (ECH) has earned the Platinum Performance Achievement Award, the highest honor available from the American College of Cardiology's NCDR Chest Pain - MI Registry. ECH is one of only 259 hospitals nationwide and one of only two hospitals in the Bay Area to receive the honor in 2024, which recognizes dedication to delivering high-quality cardiac care to heart attack patients. (BA)

FOMAT Medical Research (Nick Focil) Wins Award & Participation in Obesity Study

FOMAT Medical Research won the Patient Centricity Award from the Society for Clinical Research Sites, honoring the company's ongoing commitment to the well-being of its research participants. In this 39-second video, CEO Nick Focil talks about what the award means to the FOMAT team.
MEANWHILE, FOMAT has been selected to participate in a critical Phase 1 obesity study. (LA)

iMediSync (Dave Berkus) & Brainboost Debut iSyncWave to Transform Brain Health

On the morning of October 17, iMediSync and Brainboost will present a free webinar as they announce the arrival of Brainboost neurofeedback. Attendees will learn how iSyncWave, the world's first device combining qEEG, photobiomodulation, and neurofeedback, is transforming brain health and performance. Explore how iSyncWave's neurofeedback capabilities can provide therapeutic brain training experiences, improve cognitive function, and support overall mental wellness. Attendees will gain insights into its qEEG brain assessments and photobiomodulation for boosting mitochondrial health. (LA)

Kaiser Permanente (Marcos Vasconcelos) Plans Rated Highest in All Regions Served; Also Will Build New San Jose Hospital

In the 2024 National Committee for Quality Assurance annual report, released in September, Kaiser Permanente (KP)'s private (commercial) and Medicare plans were rated highest or tied for highest among competitors' plans in all the geographic regions they serve - more 5-star and 4.5-star plans than any organization. NCQA looked at 1,000+ commercial, Medicare, and Medicaid plans in the U.S.
MEANWHILE, KP received approval from the San Jose, CA planning commission to move forward with plans to demolish its existing 247-bed, 250,000-sqft San Jose Medical Center and build a new hospital - a 303-bed, 685,000-sqft hospital, plus central utility plant and a five-level parking garage, resulting in the addition of around 800 new employees. The current hospital will stay operational during construction. (BA)

Leech Tishman Nelson Hardiman (Harry Nelson, JD) Completes Merger & Presenting Webinars

Effective October 1, Leech Tishman and Nelson Hardiman completed their merger, now known as Leech Tishman Nelson Hardiman. MEANWHILE, the combined firm continues to present webinars (live and replays) on labor and employment law concerns affecting the healthcare industry - click here to access them. (LA)

Makani Science's Greg Buchert, MD to Speak at Upcoming Conference

Greg Buchert, CEO of Makani Science, will be a presenter at the OC Impact Conference on November 6, which will bring together leading experts in research, healthcare, and data science, alongside industry decision-makers from life sciences, medical devices, and hospitals. Greg's panel will address Investment, Equity Deals & M&A Opportunities in Healthcare, Medtech and Biotech. (OC)

MedWand (Todd Cornell) Acclaimed as a Top Breakthrough Medical Technology

MedWand is featured in a recent Yanko Design article - Top 5 Breakthrough Medical Technologies You Need To Know About - which reports that "the medical industry has been coming up with ingenious innovations, that are completely transforming the healthcare game ... new and improved, life-saving medical designs that not only boost medical care but also relieve some of the pressure from our tireless medical force ... these innovations are upping the medical arena." (OC)

PreludeDx (Dan Forche) Announces Groundbreaking Study Results on HER2-Positive DCIS Patients

Prelude Corporation (PreludeDx) announced results of a clinical breast cancer study, which evaluated HER2-positive patients treated with breast conserving surgery plus radiation therapy (RT) to determine if PreludeDx's DCISionRT test could identify those patients with elevated residual risk remaining after treatment. The study showed that patients with the DCISionRT Residual Risk subtype had significantly higher in-breast recurrence rates compared to those without the Residual Risk subtype (16.2% vs 1.6%, p=.01). By enabling more precise risk stratification and predicting which women will benefit from RT, DCISionRT empowers physicians and patients to make more informed shared decisions about treatment plans, potentially improving outcomes and quality of life for women diagnosed with DCIS. (OC)

Providence (Marcee Chmait) Creates Longitude Health with Three "Like-Minded" US Health Systems

Four nonprofit health systems are launching Longitude Health: Providence, Baylor Scott & White Health, Memorial Hermann Health System, and Novant Health. The idea behind the partnership is that through collaboration, health systems can scale transformative healthcare solutions more efficiently than if they operated individually. It emphasizes new business models and technology-driven approaches, addressing issues like labor productivity, cybersecurity, and patient experience to drive impactful change within the healthcare ecosystem.
MEANWHILE, in this 7:40-minute video, Providence shares how, when strategically applied, the impact of AI in healthcare can be tremendous. For example, AI helped Providence reduce administrative messages by 28% and overall messages by 8%.
AND, recent Providence spin-out Praia Health has been named a winner of the 2024 Healthcare AI Impact Award, out of 400+ submissions. (LA)

Royal Ambulance (Steve Grau) Discusses Solutions to Healthcare Staffing Crisis

Steve Grau, CEO of Royal Ambulance, recently led a panel at the California Ambulance Association's annual convention. Subsequently, Royal's recent blog post - Addressing the Healthcare Staffing Crisis: Insights from Industry Leaders - explores the insights and solutions discussed by Steve's panel. Steve advocated for a people-first approach, showcasing how private ambulance services can invest in their staff to improve engagement and retention. The blog then discusses Royal's Career Bridge Program. (BA)

Sheppard Mullin (Linda Igarashi) Achieves Industry Honors + Reports on Governor's Recent Veto

Sheppard Mullin (SM) was recognized nationally as a leading intellectual property law firm, and as a "Highly Recommended" firm for Dispute Resolution in California within the 2025 edition of Benchmark Litigation.
AND, the Orange County Coalition for Diversity in the Law selected SM for its "Top Legal Organizations for Diversity, Equity and Inclusion Award."
MEANWHILE, read SM's recent article - Governor Newsom Vetoes California's AB 3129 Targeting Healthcare Private Equity Deals. Ultimately, this means that for now, parties to health care transactions in California will not face the regulatory hurdles which would have been implemented by AB 3129. (OC)

Zymo Research (Yap Chew, PhD) & BluMaiden Biosciences Announce Partnership

Zymo Research and BluMaiden Biosciences are joining forces to offer end-to-end clinical trial analytics and reporting services based on the human microbiome. The partnership combines Zymo's expertise in sample preparation and next-generation sequencing with BluMaiden's advanced bioinformatics capabilities via the proprietary KEYSTONE AI analytical platform. (OC)

ABL-TECH MEMBERS' HEALTHCARE NEWS
Eckert & Ziegler (Frank Yeager) Opens New Facilities for Radiopharmaceutical Plant Engineering

Eckert & Ziegler recently inaugurated its new 1,700-square-meter facilities in Germany - the Dresden-Rossendorf site produces and delivers high-tech systems for the production of radiopharmaceuticals worldwide and provides services for the handling and disposal of radioactive products in cancer medicine. (LA)

GIDEON Informatics (Uri Blackman) Joins Forces with TDNet for Cutting-Edge Research

GIDEON Informatics has announced a strategic partnership with TDNet, which will integrate GIDEON's extensive infectious diseases database into the TDNet Discover platform, offering 100,000+ content items, updated daily, to researchers, educators, and healthcare professionals worldwide - empowering decision-makers with real-time information. (LA)

HEALTHCARE INDUSTRY NEWS & TRENDS
THE HOTTEST HEALTHCARE NEWS
"If you stay here, you will die," Tampa Mayor Declares as Milton Approaches + Thursday Oct. 10 Report

Hurricane Milton made landfall near Sarasota, Fla., as a Category 3 storm at 8:30 p.m. Wednesday. According to a Becker's Hospital Review article, widespread power outages pose a critical risk for individuals dependent on power for medical equipment in their homes, requiring transfers to shelters or hospitals for care. The Florida Hospital Association is working closely with hospitals statewide to coordinate these transfers.

At press time, all hospitals that remained open before the hurricane are still operational, with the exception of HCA Florida Largo Hospital, which evacuated about 230 patients early Wednesday due to flooding in the facility's basement. The facility remains temporarily closed. Tampa General experienced minor water leaks, but its power, water and supplies are secure, the system said. St. Petersburg was forced to shut down the city's water supply around midnight on Oct. 9 due to a water line break, affecting three hospitals in the area. Flooding and storm damage is expected to disrupt outpatient and community-based services, including pharmacies, which will likely contribute to increased volumes at emergency departments. [Many hospitals' websites and social media channels did not yet have storm updates as of 7 a.m. CT Thursday. Becker's will continue to monitor for new information and updates to this story.]

Before the hurricane made landfall, 313 healthcare facilities in the state reported evacuations, including 17 hospitals. MEANWHILE, Hurricane Helene damaged Baxter's North Carolina facility where it manufactures IV solutions, so hospitals are deploying strategies to conserve them. (https://www.beckershospitalreview.com/care-coordination/hospitals-and-milton-9-things-to-know.html)

Kamala Harris Proposes Medicare Home Health Expansion

The VP's presidential campaign plan would create more generous Medicare coverage for long-term care at home, allowing CMS to pay for home health aides, personal care attendants, and other essential services for seniors. Harris highlighted that the plan would be funded by savings from Medicare's expanded drug price negotiations, helping reduce the overall cost burden. (https://apnews.com/article/harris-home-health-care-sandwhich-generation-098a7ed48dfd94d11fb0efcd5d63b42b)

Overdose Deaths Dropped 10.6% in A Year

Reversing the trend, according to the CDC over 11,000 fewer people died from an overdose between April of 2023 and 2024. Carrying naloxone, telehealth treatments, tracking prescriptions, and earning gift cards for negative tests all seems to be working. (https://www.npr.org/2024/09/18/nx-s1-5107417/overdose-fatal-fentanyl-death-opioid?)

The 2025 Medicare Advantage Market Is Starting to Take Shape

Amid the turmoil, the MA market landscape will look mostly the same next year, although with lower capitation rates - especially for Star-downgraded companies UnitedHealthcare and Humana. Insurers will likely aim to boost their margins with benefit cuts and greater cost sharing. (https://www.modernhealthcare.com/insurance/medicare-advantage-aetna-humana-elevance-2025) (https://www.cms.gov/newsroom/press-releases/medicare-advantage-and-medicare-prescription-drug-programs-remain-stable-cms-implements-improvements)

CALIFORNIA GOVERNMENT & HEALTHCARE
Governor Newsom Signs AI Bills that Will Regulate AI Usage by Providers & Insurers

SB 1120 mandates that health insurers using AI tools for decisions about healthcare services and insurance claims must ensure that those decisions are supervised by licensed physicians. The goal is to maintain human oversight in critical medical decisions to prevent errors and ensure patient safety.
AB 3030 requires healthcare providers to disclose to patients when AI tools are being used to communicate with them. This transparency ensures that patients are fully informed about the involvement of AI in their healthcare, preserving trust and accountability. (https://www.gov.ca.gov/2024/09/29/governor-newsom-announces-new-initiatives-to-advance-safe-and-responsible-ai-protect-californians/)

Governor Vetoes Bill to Require Prior Approval of Private Equity Health Care Transactions

California Governor Newsom recently vetoed Assembly Bill 3129, which would have required private equity groups and hedge funds to receive the consent of the California Attorney General before entering into a transaction between the private equity group or hedge fund and a health care facility, provider, or provider group. In support of his veto, the Governor cited that the California Office of Healthcare Affordability already has the authority to: (a) evaluate health care consolidation transactions; and (b) refer such transactions to the Attorney General if OHCA believes that additional review is required. (https://www.sheppardhealthlaw.com/2024/10/articles/office-of-health-care-affordability-ohca/update-governor-newsom-vetoes-californias-ab-3129-targeting-healthcare-private-equity-deals/) (https://kslawemail.com/128/11730/pages/article-4.asp?sid=bb670848-cfb7-44cc-bba9-c16d0cbb3c32)

Newsom Vetoes Bill Delaying Earthquake Operational Standards

California Gov. Newsom has vetoed a bill that would have delayed earthquake operational standards for hospitals. "Any extensions considered for the 2030 deadline must balance the increased risk to patients, hardworking hospital staff, emergency responders and the people living in that community," Newsom wrote. "Providing an extended deadline should be limited in scope, granted only on a case-by-case basis to hospitals with demonstrated need and a clear path to compliance, alongside strong accountability and enforcement mechanisms. This bill's proposal to allow any hospital a five-year compliance extension is too long. I encourage hospitals at risk of non-compliance with the 2030 deadline to prioritize remaining work." The 2030 deadline follows the 1994 Northridge earthquake, which led to stricter earthquake-resistance standards. By 2030, all hospital buildings in California must be able to remain fully operational after an earthquake. (https://www.beckershospitalreview.com/capital/california-governor-vetoes-bill-delaying-earthquake-safety-measures.html)

FEDERAL GOVERNMENT & HEALTHCARE
Biden Administration Announces Nearly $100 Million to Grow the Health Workforce

The Health Resources and Services Administration (HRSA) recently announced nearly $100 million in awards to grow, support, and strengthen the health workforce and improve access to quality care in high-need areas across the country. The Awards include investments in: Growing the nursing workforce for acute and long-term care - $19+ million over four years to five schools; Increasing the primary care physician workforce in high-need areas - nearly $12 million in 2024 to three medical schools; Responding to the nation's opioid crisis - $63+ million over four years to 32 organizations; and Integrating mental health care in pediatric care - an additional $4.6 million to existing grantees. (https://www.hhs.gov/about/news/2024/09/17/biden-harris-administration-announces-nearly-100-million-grow-health-workforce.html) (https://www.hrsa.gov/about/news/fy24-workforce-award-announcements)

CMS Needs to Strengthen its Oversight of Remote Patient Monitoring - OIG Report

OIG recently released a report recommending that CMS exercise additional oversight of remote patient monitoring (RPM) services provided to Medicare beneficiaries. Medicare reimburses RPM for any chronic or acute condition. OIG issued the report in response to the significant uptick in the use of RPM in recent years with an expectation of expanded use in the Medicare population in the coming years. (https://kslawemail.com/128/11707/pages/article-2.asp?sid=d37de5ba-7f82-4af4-8a51-b222bcd14df4)

HHS Releases Final Guidance for Second Cycle of Medicare Drug Price Negotiation Program

HHS, through CMS, has released final guidance outlining the process for the second cycle of negotiations under the Medicare Drug Price Negotiation Program. In August, the Biden Administration announced the negotiated prices for the 10 drugs selected for the first cycle of negotiations. The negotiated prices are estimated to save people enrolled in Medicare prescription drug coverage $1.5 billion in out-of-pocket costs in 2026 when they go into effect. CMS will announce the selection of up to 15 additional drugs covered by Part D for the second cycle of negotiations by February 1, 2025. (https://www.hhs.gov/about/news/2024/10/02/hhs-releases-final-guidance-second-cycle-historic-medicare-drug-price-negotiation-program.html)

HRSA Makes First Multi-Vendor Awards to Modernize the Nation's Organ Transplant System

HRSA recently announced contract awards to modernize the nation's organ transplant system to improve transparency, performance, governance, and efficiency of the organ donation and transplantation system for the more than 100,000 people on the organ transplant waitlist. As part of the Administration's transformation of the Organ Procurement and Transplantation Network (OPTN), for the first time in 40 years, multiple contractors will provide their proven experience to improve the national organ transplant system. According to an HHS release, "This transition from a single vendor to multiple vendors to support OPTN operations is a critical step in advancing innovation in the transplant system to better serve patients and implements the bipartisan Securing the U.S. Organ Procurement and Transplantation Network Act signed by the President in September 2023." (https://www.hhs.gov/about/news/2024/09/19/hrsa-makes-first-ever-multi-vendor-awards-to-modernize-the-nations-organ-transplant-system.html)

HHS Finalizes Federal Health IT Strategy

HHS, through the Assistant Secretary for Technology Policy/Office of the National Coordinator for Health Information Technology (hereafter ASTP), has published the final 2024-2030 Federal Health IT Strategic Plan in accordance with the Health Information Technology for Economic and Clinical Health (HITECH Act.) The Strategic Plan presents federal health IT goals and objectives to achieve a future state where health IT and electronic health information are used to: Promote health and wellness; Enhance the delivery and experience of care; Accelerate research and innovation; and Connect the health system with health data. (https://www.hhs.gov/about/news/2024/09/30/hhs-finalizes-federal-health-it-strategy-drive-systemic-improvements-health-care.html)

CMS Teases New Cybersecurity Policies for Third-Party Vendors

CMS is planning oversight of third-party healthcare vendors in the wake of the Change Healthcare cyberattack, said Jonathan Blum, the agency's principal deputy administrator. Blum, who also serves as chief operating officer for CMS, said that the agency is working to determine what levers it can pull to ensure severe disruptions in care like those linked to the cyberattack on the UnitedHealth Group subsidiary aren't repeated. CMS declined to provide any details of its oversight strategy, but said it is collaborating with other partners across the HHS to "promote high-impact cybersecurity practices and enhance accountability for healthcare organizations and their vendors." (https://www.porh.psu.edu/cms-teases-new-cybersecurity-policies-for-third-party-vendors/) (https://www.modernhealthcare.com/policy/cybersecurity-oversight-cms-policies-jonathan-blum)

MORE HEALTHCARE NEWS & TRENDS
United Healthcare Releases Nationwide Line-Item Denial Policy

United Healthcare's new policy states that it will begin performing line-item denials on facility bills for services provided to members of United's commercial benefit plans effective December 2024. Line-item denials occur when a health plan unilaterally disallows specific line items on a hospital or professional bill, which can significantly reduce hospital reimbursement, particularly for contracts paid on a percentage of charge basis or with stop loss provisions. United intends to start disallowing charges for what the plan calls "routine" items and services based on United's position that these charges should be bundled into other charges such as the room or procedure charge, and these services and items will be considered ineligible for separate reimbursement. (https://www.kslaw.com/news-and-insights/health-headlines-september-30-2024; https://www.dwt.com/insights/2024/10/unitedhealthcare-line-item-denial-policy-change#)

Wegovy Beats Rival Drug in Comparative Weight Loss Trial

For nearly 3,400 patients with obesity, the average weight loss achieved with semaglutide (Wegovy and Ozempic) was more than twice that achieved with liraglutide (Saxenda and Victoza). Cleveland Clinic researchers investigated the weight outcomes of 3,389 obese patients who were prescribed either semaglutide or liraglutide. After one year, semaglutide resulted in an average 5.1% reduction in body weight, and liraglutide saw a 2.2% reduction, according to the results published Sept. 13 in JAMA. (https://www.beckershospitalreview.com/glp-1s/wegovy-beats-rival-drug-in-comparative-weight-loss-trial.html)

Glendale, CA-based Healthcare Systems of America Assumes Control of Several Steward Health Care Facilities

U.S. Bankruptcy Court Judge Christopher Lopez authorized an interim settlement agreement for Dallas-based Steward Health Care to transition many of its remaining hospitals to its landlord, Medical Properties Trust, or applicable designated operators, effective Sept. 11. Healthcare Systems of America, an affiliate of Glendale, Calif.-based American Healthcare Systems, is taking on interim management for eight of the Steward hospitals under the settlement. HSA says after a brief transition period, it'll assume full ownership of the facilities in Texas, Louisiana. and Florida. (https://www.beckershospitalreview.com/legal-regulatory-issues/steward-gets-interim-approval-to-transfer-management-of-15-hospitals.html) (https://kfdm.com/news/local/california-based-company-assumes-operations-of-medical-center-of-southeast-texas)

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