Generative AI is undoubtedly the buzzword of the year, and the internet is flooded with news on chat GPT developed from OpenAI. It has passed law, business, and medical exams, qualified as a level 3 coding engineer at Google, outperformed microbiology students, and so on. Chat...
CMS recently imposed civil monetary penalty (CMP) to two more hospitals for alleged price transparency violations. The Centers for Medicare & Medicaid Services is taking strict and serious actions to enforce its price transparency rule that took effect on January 1, 2021. Frisbie Memorial Hospital in Rochester, New Hampshire, and Kell West...
“The American College of Healthcare Executives is the professional society for healthcare leaders committed to improving health”. Healthcare is transforming like never before. As a result, more physicians enter the C-suite as strategic decision-makers and senior management leaders. Physicians are inherent leaders who make daily decisions for their...
I couldn’t resist reflecting on the #HLTH2022 Conference held in Las Vegas from Nov. 13-16, 2022. It was my first experience at HLTH and a week well spent listening, learning, and connecting with inspiring and innovative healthcare leaders. The HLTH conference organized at Venetian, Las Vegas, was no less than a...
Last week I was at the HLTH2022 Event at Venetian, Las Vegas. Among many Speakers and panels, I got to listen to a highly respected healthcare leader, Mr. Samuel N. Hazen, the CEO of HCA Healthcare. He is currently a board member of the HCA Foundation and the Nashville Health...
Americans have long been deprived of actual healthcare costs. According to KFF, the unknown and high cost of healthcare is a burden for Americans and a significant reason for financial stress. We have struggled and failed to curb excessive healthcare prices, mitigate surprise bills, and reduce medical...
As of 2021, half of the US population has health coverage through employment which is 54.3%. While 35% have coverage from government plans. According to Kaiser Family Foundation, the average insurance premium for single and family coverage has increased by 4%, with average annual premiums of $7,470 for single...
The five major Social Determinants of Health that affect our health and life expectancy are: Poverty and stress Lack of adequate housing Education Unemployment Poor access to transport and nutritious food According to the World Health Organization (WHO), the social determinants of health are a...
Health variants are present not just in individuals but also in communities. Genetics is one factor but not the only reason for this variability of health status among the public. When we talk about our mental and physical health, we often focus on things like access...
The US healthcare system is complex, with more confusion and darkness over the prices of healthcare services. However, with the three mandates passed by the Centers for Medicare & Medicaid Services (CMS), Price transparency in healthcare now seems a possible reality. I discussed the three mandates: Hospital...
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