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- Welcome to the Becker's
Healthcare Podcast.

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We at Becker's are excited

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to welcome more than 2,500
healthcare executives

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to Chicago next April
for our annual meeting.

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Over the four day event,

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you'll hear more than 450 elite hospital

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and health system executives
share the big ideas

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and best strategies
driving healthcare forward.

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Visit conferences dot
becker's hospital review.com

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to register or email agenda
team at becker's healthcare.com.

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This event is closed to non-providers.

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Unless coming through a
sponsorship or exhibit.

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Reach out soon to sponsor the event.

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We'll be sold out by the end of the year.

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Without further ado,

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here is your daily industry
news briefing for today,

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January 22nd.

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First, executive leaders

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and board members at some

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of the largest US health
systems said that AI

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and new technologies were the top risks

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they were most concerned about.

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In 2024, according to a January
22nd report from Kodiak,

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Kodiak identified keyed management risk

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by conducting interviews
with executive leaders

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and board members and
major US health systems

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and perform risk assessments
at hospitals, health systems,

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medical practices,

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and various healthcare
provider organizations.

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The company found that the top risk

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for these individuals are AI

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and new technologies,
competition, cybersecurity,

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and data privacy, financial
performance, and workforce.

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Second, Waystar is fighting a
lawsuit from an Ohio economic

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development organization over
its purchase of Olive ai.

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Columbus first bus Columbus
business first reported

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the Revenue Cycle Management
company bought some

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of the assets of the now
defunct startup in October,

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jobs Ohio, then sued Waystar

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and another olive buyer, Humana
Health seeking reimbursement

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for the 598,000 in training

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and recruitment funding it gave Olive,

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which missed the agreed
upon hiring targets.

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According to the January 17th story,

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olive shut down in October
selling its data clearinghouse

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and digital insurance determination units

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to waystar a revenue cycle
management firm for $10 million

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and its prior authorization business

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through the newly launched
Humana for 1.25 million

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business first reported in December.

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Olive have previously sold
its utilization management arm

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to ability another revenue cycle company

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for nearly 35 million.

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Waystar said in response
to the complaint quote,

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jobs Ohio can seek to
recover from olive ai.

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The money that Waystar paid
Waystar was unaware of all

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of AI's purported obligation to Jobs Ohio

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until it was served with a
complaint in the lawsuit.

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Accordingly, Waystar
acquired the assets from all

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of AI in good faith and without
intent to defraud harm or

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otherwise impact Jobs Ohio.

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And quote in the lawsuit,

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jobs Ohio called the Asset
Sale a fraudulent convenience

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to get out of paying the
private nonprofit back.

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According to the news
outlet, a judge extended

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- The deadline for Humana
to submit its response.

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Olive was once valued at 4 billion

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and raised more than 850 million
in venture capital funding.

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It had more than 900
hospital clients. In 2021.

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Third, EHR vendor Epic
Systems is facing a patent

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infringement lawsuit over
its patient portal software.

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MyChart Syn Cloud Technologies
filed the lawsuit in the

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Western district of Wisconsin alleging

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that Epic's MyChart uses similar software

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as the one listed in its US patent.

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According to a January 7th
suit obtained by Becker's,

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specifically, syn Cloud
Technologies states

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that Epic has infringed
on the patent by creating,

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having others create, using, selling

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and offering for sale
their MyChart product.

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The accusation also includes situations

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where Epic tests its products

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or provides cloud-based hosting services

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to healthcare providers.

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Skin Cloud, syn Cloud is seeking
a trial by jury according

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to the suit Epic told
Becker it does not have

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comment on the lawsuit.

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Are you interested in engaging
in dynamic conversations

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with hundreds of top
health system executives

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and gaining valuable
insight for your business?

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Join the 300 plus sponsors

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and exhibitors at the Becker's
14th annual meeting April 8th

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through the 11th in Chicago.

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Email Jessica Cole at j cole
at becker's healthcare.com

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to reserve your spot today.