Survey: Mistrust, incompatible cultures can doom mergers | Tsunami of chronic diseases challenges health care innovation | UPMC venture connects small hospitals with infectious disease experts
May 20, 2019
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Survey: Mistrust, incompatible cultures can doom mergers
When health care company mergers and acquisitions are dropped before or during due diligence, the most common reasons are mistrust, governance issues and incompatible corporate cultures, according to a HealthLeaders survey. The most common financial reasons for not proceeding involved regulatory issues and concerns about the assumption of liabilities.
HealthLeaders Media (5/17) 
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Health Care Leadership & Innovation
Tsunami of chronic diseases challenges health care innovation
Health care innovation is needed to meet the growing tsunami of chronic diseases, and solving it will require more basic research, different care models and a culture of collaboration, said Dana-Farber Cancer Institute CEO and President Dr. Laurie Glimcher. US leadership in medical innovation is vital, Glimcher said, but funding for research and development is falling.
Forbes (5/19) 
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UPMC venture connects small hospitals with infectious disease experts
UPMC is building on five years of experience using telemedicine to manage infectious diseases and launching a new company, Infectious Disease Connect, to help hospitals -- especially small hospitals -- across the US improve patient outcomes and reduce transfers. Studies have shown infectious disease specialists can reduce hospital lengths of stay, readmissions and mortality rates, but many hospitals in small communities lack the resources to hire ID specialists.
HIT Consultant (5/16) 
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Legislation, Policy & Regulation
GAO: CMS should improve transparency for major Medicaid changes
A Government Accountability Office report found the CMS is not doing enough to ensure the public knows about major changes to Medicaid, particularly the implementation of work rules through Section 1115 waivers. To improve transparency and avoid inconsistencies, the report urges the CMS to create standard transparency rules for new waivers, extension requests and major changes under Section 1115.
Modern Healthcare (tiered subscription model) (5/17) 
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CMS won't allow Part D formulary exclusion of protected drugs
Medicare Part D plans will not be allowed to exclude drugs in protected classes from their formularies, and plans will be required to include information on lower-cost alternatives in monthly explanation of benefits reports sent to patients. Part D plans will be allowed to require prior authorization before covering some therapies.
CNBC (5/17) 
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Trends & Technology
Satisfaction with commercial health coverage continues to climb
A JD Power survey of nearly 30,000 commercial health insurance recipients showed satisfaction with commercial health coverage climbed consistently, driven especially by plan coverage and benefits. The report identified areas for continued improvement and found that perceptions that insurance providers are actively trying to contain out-of-pocket costs and supporting coordinated care contributed to substantial increases in satisfaction.
Health Payer Intelligence (5/17) 
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Report highlights factors hindering improvements in patient matching
Researchers from The Pew Charitable Trusts and the Massachusetts eHealth Collaborative interviewed health care executives and experts and found that all of the respondents agreed that patient matching rates for an effective health data exchange aren't where they want them, which could lead to patient safety issues and delays in care. When asked about the impediments to improved patient matching, respondents cited a lack of data standards and perceived costs of solutions, and a majority of participants said creating a unique patient identifier could help address cost issues.
Health IT Analytics (5/15) 
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Survey examines factors driving technology adoption in HIEs
Survey examines factors driving technology adoption in HIEs
(Pixabay)
Researchers from eHealth Initiative and Foundation polled 53 health information exchanges in 35 US states and found that 92% cited trends concerning value-based care as a driving force behind adopting technology, while 58% cited the need to manage value-based contract delivery and risk was the key factor. Interoperability was 47% of respondents' priority for the upcoming two years, closely followed by value-based care and integrating workflows.
Becker's Health IT & CIO Report (5/17) 
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MedCity News: Focus on Innovation
Playing doctor: The evolution of video games in health care
As video games have become mainstream and emerged from the dimly lit arcade rooms of years past, gaming technology has found increasing application in medical training, pain management, rehab and digital therapeutics.
MedCity News (5/19) 
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Most-read by Health Care Leaders
The most-clicked stories from last week by readers of SmartBrief for Health Care Leaders
  
  
If you only think about your own advancement, your own success, you run out of fuel pretty quickly. But if we believed in something bigger than ourselves, that kind of motivation is self-sustaining.
Elaine Chao,
US secretary of transportation

May is Asian/Pacific American Heritage Month

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