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News You Need to Know Today
Cigna cuts prior authorization | Private equity-backed Solis expands | LucidHealth offers 2-year partnership track
Friday, August 25, 2023
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Today's News and Trends

Cigna is removing 25% of medical services from prior authorization, but none of them are in imaging

The health insurer has faced criticism over its use of PA, including a class action lawsuit alleging it denied claims for imaging and other healthcare services in bulk

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Cigna, one of the nation’s largest health insurance providers, announced new priorities for its capital deployment, including steering an additional $450 million into Cigna Ventures.
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Cigna is removing 25% of medical services from prior authorization, but none of them are in imaging

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Cigna, one of the nation’s largest health insurance providers, announced new priorities for its capital deployment, including steering an additional $450 million into Cigna Ventures.
The health insurer has faced criticism over its use of PA, including a class action lawsuit alleging it denied claims for imaging and other healthcare services in bulk
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Solis Mammography acquiring network of breast imaging centers

Supported by Chicago-based Madison Dearborn Capital Partners, the company has grown rapidly in recent years to now include 100-plus locations.

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Solis Mammography acquiring network of breast imaging centers

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Supported by Chicago-based Madison Dearborn Capital Partners, the company has grown rapidly in recent years to now include 100-plus locations.
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Private equity-backed LucidHealth touts new 2-year partnership track for its growing teleradiology group

Since 2020, the “virtual practice” has grown to include more than 75 physicians operating across 47 states, with leaders seeking to hire more.

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Private equity-backed LucidHealth touts new 2-year partnership track for its growing teleradiology group

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Since 2020, the “virtual practice” has grown to include more than 75 physicians operating across 47 states, with leaders seeking to hire more.
READ MORE >

In Case You Missed It

FDA temporarily halts mammography services at critical access hospital, claiming they posed ‘serious risk to human health’

Phelps Memorial Health Center has completed the necessary remedies, including notifying any women who underwent breast imaging the last two years.

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mammogram mammography breast cancer
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FDA temporarily halts mammography services at critical access hospital, claiming they posed ‘serious risk to human health’

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mammogram mammography breast cancer
Phelps Memorial Health Center has completed the necessary remedies, including notifying any women who underwent breast imaging the last two years.
READ MORE >

Radiologist appointed CEO of ‘healthcare AI company creation platform’ Ascertain

The company has raised $100 million in seed funding and earlier this year started Optain, which aims to identify diseases via retinal imaging. 

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Mark Michalski Ascertain
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Radiologist appointed CEO of ‘healthcare AI company creation platform’ Ascertain

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Mark Michalski Ascertain
The company has raised $100 million in seed funding and earlier this year started Optain, which aims to identify diseases via retinal imaging. 
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FDA clears new AI-powered MRI system from Fujifilm

The Echelon Synergy MRI machine utilizes proprietary deep learning reconstruction technology to enhance sharpness and acquire images faster. 

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Fujifilm Echelon Synergy MRI
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FDA clears new AI-powered MRI system from Fujifilm

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Fujifilm Echelon Synergy MRI
The Echelon Synergy MRI machine utilizes proprietary deep learning reconstruction technology to enhance sharpness and acquire images faster. 
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Same hospital, same insurer, but imaging prices twice as high for commercial vs. Medicare Advantage plans

When stated in dollar terms, the median price for imaging services was $490 across commercial plans compared to $191 in MA, experts wrote in Health Affairs. 

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scale money prices shopping transparency reimbursement dollar coins
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Same hospital, same insurer, but imaging prices twice as high for commercial vs. Medicare Advantage plans

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scale money prices shopping transparency reimbursement dollar coins
When stated in dollar terms, the median price for imaging services was $490 across commercial plans compared to $191 in MA, experts wrote in Health Affairs. 
READ MORE >

In Other News

AI launches Nvidia’s earnings toward the stratosphere—and investors toward their calculators

Whichever AI segment you follow most closely, be it healthcare or any other, you had to pause to absorb this week’s financial report from Nvidia.

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Artificial Intelligence GPU chips demand
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AI launches Nvidia’s earnings toward the stratosphere—and investors toward their calculators

Share on Twitter Share on Facebook Share on Linkedin
Artificial Intelligence GPU chips demand
Whichever AI segment you follow most closely, be it healthcare or any other, you had to pause to absorb this week’s financial report from Nvidia.
READ MORE >

ChatGPT’s ‘hallucinations’ make it difficult to trust for advice on cancer care

ChatGPT often gives confusing, conflicting answers about cancer treatments, according to new research out of Brigham and Women's Hospital.

READ MORE >
artificial intelligence healthcare industry digest
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ChatGPT’s ‘hallucinations’ make it difficult to trust for advice on cancer care

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artificial intelligence healthcare industry digest
ChatGPT often gives confusing, conflicting answers about cancer treatments, according to new research out of Brigham and Women's Hospital.
READ MORE >

Epic and Microsoft join forces to tackle some of healthcare’s biggest AI challenges

The two companies continue to expand their partnership, this time looking to deploy generative AI to improve care delivery.

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Microsoft
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Epic and Microsoft join forces to tackle some of healthcare’s biggest AI challenges

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Microsoft
The two companies continue to expand their partnership, this time looking to deploy generative AI to improve care delivery.
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