What I read this week..(26/52)
Outpatient visits billed at increasingly higher levels: implications for health costs - Peterson-KFF Health System Tracker
Outpatient visits spiked this year, putting many payors MLR at risk. The enabling factor appears to be ever increasing bill rates for OP visits making it almost a self fulfilling prophesy - Peterson-KFF Health System Tracker
Growth+Sales: The New Era of Enterprise Go-to-Market - a16z
a product-led, bottom-up motion, followed later with top-down sales.
In some ways, almost all healthcare IT growth happens this way; very little is determined in some CXO suite and imposed - instead its the clinicians who make the choices and tell IT to get it done.
How Amazon Taught Alexa to Speak in an Irish Brogue - NYT
A speaker’s pitch, timbre and accent often give words nuanced meaning and emotional weight. Linguists call this language feature “prosody,” something machines have had a hard time mastering.
Local vernacular will be critical for AI to success especially in Asia and Afria.
Bloated patient records are filled with false information, thanks to copy-paste - Stat
A recent study of 100 million notes, consisting of 33 billion words, in the electronic medical record at the University of Pennsylvania Medical Center found that more than half of the text was duplicated.
We have a long way to go baby, before AI becomes useful in clinical setting. In the meantime, there is some much gold in solving admin and financial tangles.
Molina Healthcare to buy Bright Health's California assets in $600M deal - Fierce Healthcare
The deal depends on Bright staying solvent through the rest of this year and the first quarter of 2024, which means that the company will most likely need to obtain some sort of bridge loan.
…There are so many things that limit Molina’s downside risk, because Molina has genuine concerns that are well founded. Bright has to fund all the loses for the rest of the year. And if the membership declines, there’s a purchase price reduction. So, it’s a good deal for Molina
Pure payor startups is nothing but hubris at play. Even the moral hazard of Bright execs awarding themselves huge bonuses is symptomatic of this.