Health information technology

U.S. Physical Therapy Announces Change in Medicare Rate Reduction for the Remainder of 2024

Retrieved on: 
Monday, March 11, 2024
Public Policy, Government, Managed Care, General Health, Health, Healthcare Reform, Hospitals, Health Insurance, Fitness & Nutrition, Failure, Health information technology, Accountability Act, Environment, Act, COVID-19, Injury, Acquisition, Security (finance), Risk, Economy, Annual report, Privacy, Weather

Physical Therapy, Inc. (“USPH" or the “Company”) (NYSE: USPH), reported today that the 3.5% reduction in the Medicare physician fee schedule for therapy services for 2024 (as compared to 2023 rates) has been addressed in the “Consolidated Appropriations Act, 2024” (“Act”) signed into law on March 8, 2024.

Key Points: 
  • Physical Therapy, Inc. (“USPH" or the “Company”) (NYSE: USPH), reported today that the 3.5% reduction in the Medicare physician fee schedule for therapy services for 2024 (as compared to 2023 rates) has been addressed in the “Consolidated Appropriations Act, 2024” (“Act”) signed into law on March 8, 2024.
  • The Act decreased the Medicare reduction for the remainder of 2024; as a result, the Company now estimates that the Medicare rate reduction effective March 9, 2024, will be approximately 1.8% rather than 3.5%.
  • The change in rate is not retroactive to January 1, 2024.
  • Management estimates that today’s reported change in the Medicare rate will increase its revenue by approximately $2.3 million versus its previous expectations, which would equate to an increase in EBITDA of approximately $2.0 million.

U.S. Physical Therapy Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024
Surgery, Hospitals, Health, Physical Therapy, Managed Care, Acquisition, Alternative, Hospital, Operating cost, Weather, Annual report, IIP, Interest, ID, Sale, Government, Primary, Adjustment, Economy, Income tax, GAAP, COVID-19, Medicare, Health information technology, Privacy, Security (finance), Rehabilitation, Injury, Risk, Corporation, Failure, Accountability Act, Environment, Pharmaceutical industry

The gross profit margin from IIP operations increased to 21.2% in the Fourth Quarter 2023 from 17.9% in the Fourth Quarter 2022.

Key Points: 
  • The gross profit margin from IIP operations increased to 21.2% in the Fourth Quarter 2023 from 17.9% in the Fourth Quarter 2022.
  • Operating loss was $0.9 million for the Fourth Quarter 2023 compared to operating income of $6.8 million for the Fourth Quarter 2022.
  • Total other income (expense), net, was $1.0 million in the Fourth Quarter 2023 compared to ($2.2) million in the Fourth Quarter 2022.
  • Non-GAAP Adjusted EBITDA increased $1.1 million to $19.0 million for the Fourth Quarter 2023 from $17.9 million for the Fourth Quarter 2022, while non-GAAP Operating Results increased $1.3 million to $8.9 million, or $0.59 per share, in the Fourth Quarter 2023 from $7.5 million, or $0.58 per share, in the Fourth Quarter 2022.

Netsmart Supports Whole-Person Care Provisions in 42 CFR Part 2 Final Rule

Retrieved on: 
Tuesday, February 20, 2024
Software, Practice Management, Telemedicine, Virtual Medicine, Managed Care, Health, Mental Health, Health Technology, Technology, Diabetes, SAMHSA, Senior, Roger Hawkins (drummer), Person, Record, Confidentiality, Part, Coronavirus, Substance Abuse, Partnership, Mental, CFR, Substance use disorder, Economy, HHS, HITECH, HIPAA, History, Health information technology, Part Two, OCR, Patient, Economic security, Privacy, Civil and political rights, DSM-IV codes, Accountability Act, Cancer, Medical device

Strengthens penalties by applying the same requirements of the HIPAA Breach Notification Rule to breaches of records under Part 2.

Key Points: 
  • Strengthens penalties by applying the same requirements of the HIPAA Breach Notification Rule to breaches of records under Part 2.
  • As a founding member of The Partnership to Amend 42 CFR Part 2 , Scalia stated the long-awaited Final Rule is another step forward for coordinated, whole-person care for individuals nationwide.
  • These major changes to 42 CFR Part 2 will take effect on February 16, 2026.
  • To learn more about these regulation changes, read the 42 CFR Part 2 Final Rule Fact Sheet and register for the upcoming Netsmart webinar on Thursday, March 28 at 1 p.m.

Trillium Community Health Plan Awards 35 Grants to Improve Community Health in Oregon's Tri-County and Southwest Regions

Retrieved on: 
Tuesday, December 19, 2023
Risk, Social support, Health, American Council, Love, Health equity, Mental health, Imprisonment, Charitable organization, Food, Clothing, Electronic health record, Transport, Workforce, Cooking, Friends, Housing, HIV, Body image, Hygiene, Centene Corporation, Child, Self-enhancement, Homelessness, Case management, Catholic Church, Sponsor, Garden, Patient, Saint, Lane, Community, School, CNC, Health literacy, Acquisition, Farmer, Education, Prison, Shelter, Social media, Food security, Health information technology, BIPOC, Bed, Nursing

EUGENE, Ore. and TIGARD, Ore., Dec. 19, 2023 /PRNewswire/ -- Trillium Community Health Plan ("Trillium"), a wholly owned subsidiary of Centene Corporation (NYSE: CNC), today announced 35 grants awarded to community organizations and nonprofits in the Tri-County and Southwest regions of Oregon. These strategic investments are rooted in Trillium's commitment to improve health outcomes and address fundamental social factors impacting health, such as stable housing, food security, social support and educational opportunities.

Key Points: 
  • EUGENE, Ore. and TIGARD, Ore., Dec. 19, 2023 /PRNewswire/ -- Trillium Community Health Plan ("Trillium"), a wholly owned subsidiary of Centene Corporation (NYSE: CNC), today announced 35 grants awarded to community organizations and nonprofits in the Tri-County and Southwest regions of Oregon.
  • "Trillium is committed to the health and well-being of Oregonians," said Sarah Kelley Brewer, plan president and CEO of Trillium.
  • Nurturely ̶̶  To provide culturally and linguistically appropriate perinatal health education and fund a community liaison to connect pregnant individuals to needed services.
  • Orchid Health Clinic ̶  To support implementing an Electronic Health Records system and provide food for community members in need at service locations.

DSS Subsidiary SBG Technology Solutions (SBG) Promotes Bruce Dickey to President and CEO

Retrieved on: 
Monday, December 18, 2023
National Security Service (Somalia), SBG, United States Intelligence Community, Military Satellite Communications Directorate, Acquisition, National security, Engineering, Software development, HIT, Systems engineering, Health information technology, Ground Intelligence Officer, Navy, United States Navy, DSS, Computer security, Engineering duty officer, National Reconnaissance Office, Information technology, AI, JUNO, Government, Thomas Best (navy captain), Intelligence, Management

JUNO BEACH, Fla., Dec. 18, 2023 /PRNewswire-PRWeb/ -- Document Storage Systems, Inc. (DSS), a leading provider of health information technology (HIT) solutions for federal, private, and public health care organizations, announced today it has recently promoted Bruce Dickey to President and CEO for their subsidiary SBG Technology Solutions, Inc. (SBG).

Key Points: 
  • New role will focus on expanding SBG's IT, Systems Engineering, Software Development and Cybersecurity capabilities into new federal arenas
    JUNO BEACH, Fla., Dec. 18, 2023 /PRNewswire-PRWeb/ -- Document Storage Systems, Inc. ( DSS ), a leading provider of health information technology (HIT) solutions for federal, private, and public health care organizations, announced today it has recently promoted Bruce Dickey to President and CEO for their subsidiary SBG Technology Solutions, Inc. ( SBG ).
  • "With government IT modernization efforts moving at a fast pace, I look forward to expanding our service capabilities and keeping SBG at the cutting-edge of innovation," said Dickey.
  • Prior to taking over as President and CEO, Dickey served as Vice President of National Security Services at SBG.
  • "With government IT modernization efforts moving at a fast pace, I look forward to expanding our service capabilities and keeping SBG at the cutting-edge of innovation," said Dickey.

Pender Ventures presents the first annual HealthTech Ignite Conference

Retrieved on: 
Thursday, October 19, 2023
Conference, Association of British HealthTech Industries, VCCI, Health information technology, Pharmaceutical industry

VANCOUVER, British Columbia, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pender Ventures is pleased to announce their plans to host the first annual edition of HealthTech Ignite, a groundbreaking one-day conference set to take place on November 14, 2023, in the vibrant city of Montréal, Quebec.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pender Ventures is pleased to announce their plans to host the first annual edition of HealthTech Ignite, a groundbreaking one-day conference set to take place on November 14, 2023, in the vibrant city of Montréal, Quebec.
  • HealthTech Ignite is the premier platform for healthcare innovators and investors to network and share and showcase ideas.
  • Pender Ventures ourselves, and through the HealthTech Ignite Conference aim to fill this gap by connecting experts from both the healthcare and technology fields to further bring attention to this cutting-edge sector of Canadian industry.
  • To register for HealthTech Ignite, please visit the conference website at www.healthtechignite.ca

Vyne Medical is excited to join Becker's and empower industry leaders with next-generation technology, shaping the future of healthcare innovation

Retrieved on: 
Tuesday, September 19, 2023
Becker, Communication, Health information technology, Patient experience, Navy Pier, Health care, Editorial, Innovation, Stanford University Medical Center, Hospital, Digital health, Digital transformation, Annual conferences within Methodism, Artificial intelligence, Growth, AI, Conference, Automation, Medical device

INDIANAPOLIS, Sept. 19, 2023 /PRNewswire-PRWeb/ -- Featuring an impressive lineup of 470+ speakers, including esteemed executives, the Annual Conference provides a unique opportunity to gather insights and strategies for effectively navigating the ever-evolving healthcare industry while embracing the latest trends.

Key Points: 
  • With a reputation as the leading resource for healthcare decision-makers, Becker's Healthcare has solidified its position and achieved remarkable growth as one of the fastest-growing media platforms in the industry.
  • Scott will share what patient access leaders from 24 hospitals and health systems provided regarding their current state of automation.
  • Vyne Medical® workflow optimization professionals will be onsite to discuss our automation solutions built for healthcare.
  • Visit us or connect today to learn more about our medical data management software that facilitates centralized communication by automating, capturing, and consolidating information.

Nano Positioning Systems Market size to grow by USD 161.87 million from 2022 to 2027 | The wide application of nanotechnology drives market growth - Technavio

Retrieved on: 
Sunday, September 3, 2023
Weapon, Telehealth, Nanoparticle, NEMS, Exclusive, Nano, Health information technology, Nanotechnology, Nanomedicine, HITECH, USD, Government, Quantum, Fiber, CNTS, Affordable Care Act, ACA, Automation, Growth, RPM, Care Act 2014, Wide, Geography

NEW YORK, Sept. 3, 2023 /PRNewswire/ -- The nano positioning systems market is to grow by USD 161.87 million from 2023 to 2027 progressing at a CAGR of 13.56% during the forecast period.

Key Points: 
  • NEW YORK, Sept. 3, 2023 /PRNewswire/ -- The nano positioning systems market is to grow by USD 161.87 million from 2023 to 2027 progressing at a CAGR of 13.56% during the forecast period.
  • The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
  • The wide application of nanotechnology is a key factor driving market growth.
  • Nanotechnology is widely used in several semiconductor components such as quantum dots (QD), carbon nanotubes (CNTs), and other nanoparticles.

Melissa Supports Healthcare Practice Management Providers with Project US@ Data Compliance

Retrieved on: 
Wednesday, August 30, 2023
Office of the National Coordinator for Health Information Technology, MDRX, Protected health information, Health information technology, Record, HITECH, HITRUST, US, ONC, Standard of care, Data, Practice management, Algorithm, SSN, Project, PHI, Federation, Health, HIPAA, PII, Medical device, Nursing, Audit

RANCHO SANTA MARGARITA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Melissa , a leading provider of global data quality, identity verification, and address management solutions, today announced its support of healthcare practice management providers in meeting compliance with Project US@, a federal data initiative to create a unified, industrywide specification for representing patient addresses.

Key Points: 
  • RANCHO SANTA MARGARITA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Melissa , a leading provider of global data quality, identity verification, and address management solutions, today announced its support of healthcare practice management providers in meeting compliance with Project US@, a federal data initiative to create a unified, industrywide specification for representing patient addresses.
  • “Good data always matters, but in healthcare it has the power to improve the standard of care,” said Bud Walker, Vice President, Enterprise Sales and Strategy, Melissa.
  • The initiative leverages the expertise of the USPS®, the nation’s authority on addresses and related data quality standards.
  • “Today, our Veradigm Practice Management users have access to a Project US@-compliant platform that recognizes address standardization and verification is important not just for practice management but for all phases and levels of healthcare operations.”
    Melissa’s Address Object and Personator tools are in compliance with the Project US@ Technical Specification for Patient Addresses Domestic and Military, Version 1.0.

Goliath Technologies is Revolutionizing Clinician End User Experience Troubleshooting with Industry Only Epic Integration

Retrieved on: 
Wednesday, August 23, 2023
Hyperspace, University, Desktop virtualization, University of Mississippi Medical Center, Electronic health record, Health information technology, Goliath, Cerner, Children's Hospital, HIT, VDI, Children's Hospital Colorado, Hamilton Health Sciences, Hyperdrive, Hospital, Health, CommonSpirit Health, Nursing

PHILADELPHIA, Aug. 23, 2023 /PRNewswire-PRWeb/ -- Goliath Technologies, a leading provider of end-user experience monitoring and troubleshooting solutions, is proud to announce the second version of its Epic Module, which further enhances our exclusive integration designed to help improve clinician and healthcare worker satisfaction with Epic. Goliath is an Epic App Market Member, and our new module is available on the Epic Connection Hub.

Key Points: 
  • PHILADELPHIA, Aug. 23, 2023 /PRNewswire-PRWeb/ -- Goliath Technologies, a leading provider of end-user experience monitoring and troubleshooting solutions, is proud to announce the second version of its Epic Module, which further enhances our exclusive integration designed to help improve clinician and healthcare worker satisfaction with Epic.
  • Goliath is an Epic App Market Member, and our new module is available on the Epic Connection Hub.
  • "Goliath is purpose-built for healthcare IT and stands as the industry standard," says Thomas Charlton, CEO at Goliath Technologies.
  • "Our technology provides the only way to objectively track end user clinician experience and compare the health systems' performance against industry best practices.