- Welcome to the Becker's Healthcare Podcast.
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to welcome more than 2,500 healthcare executives
to Chicago next April for our annual meeting.
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you'll hear more than 450 elite hospital
and health system executives share the big ideas
and best strategies driving healthcare forward.
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to register or email agenda team at becker's healthcare.com.
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We'll be sold out by the end of the year.
Without further ado,
here is your daily industry news briefing for today,
January 22nd.
First, executive leaders
and board members at some
of the largest US health systems said that AI
and new technologies were the top risks
they were most concerned about.
In 2024, according to a January 22nd report from Kodiak,
Kodiak identified keyed management risk
by conducting interviews with executive leaders
and board members and major US health systems
and perform risk assessments at hospitals, health systems,
medical practices,
and various healthcare provider organizations.
The company found that the top risk
for these individuals are AI
and new technologies, competition, cybersecurity,
and data privacy, financial performance, and workforce.
Second, Waystar is fighting a lawsuit from an Ohio economic
development organization over its purchase of Olive ai.
Columbus first bus Columbus business first reported
the Revenue Cycle Management company bought some
of the assets of the now defunct startup in October,
jobs Ohio, then sued Waystar
and another olive buyer, Humana Health seeking reimbursement
for the 598,000 in training
and recruitment funding it gave Olive,
which missed the agreed upon hiring targets.
According to the January 17th story,
olive shut down in October selling its data clearinghouse
and digital insurance determination units
to waystar a revenue cycle management firm for $10 million
and its prior authorization business
through the newly launched Humana for 1.25 million
business first reported in December.
Olive have previously sold its utilization management arm
to ability another revenue cycle company
for nearly 35 million.
Waystar said in response to the complaint quote,
jobs Ohio can seek to recover from olive ai.
The money that Waystar paid Waystar was unaware of all
of AI's purported obligation to Jobs Ohio
until it was served with a complaint in the lawsuit.
Accordingly, Waystar acquired the assets from all
of AI in good faith and without intent to defraud harm or
otherwise impact Jobs Ohio.
And quote in the lawsuit,
jobs Ohio called the Asset Sale a fraudulent convenience
to get out of paying the private nonprofit back.
According to the news outlet, a judge extended
- The deadline for Humana to submit its response.
Olive was once valued at 4 billion
and raised more than 850 million in venture capital funding.
It had more than 900 hospital clients. In 2021.
Third, EHR vendor Epic Systems is facing a patent
infringement lawsuit over its patient portal software.
MyChart Syn Cloud Technologies filed the lawsuit in the
Western district of Wisconsin alleging
that Epic's MyChart uses similar software
as the one listed in its US patent.
According to a January 7th suit obtained by Becker's,
specifically, syn Cloud Technologies states
that Epic has infringed on the patent by creating,
having others create, using, selling
and offering for sale their MyChart product.
The accusation also includes situations
where Epic tests its products
or provides cloud-based hosting services
to healthcare providers.
Skin Cloud, syn Cloud is seeking a trial by jury according
to the suit Epic told Becker it does not have
comment on the lawsuit.
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Email Jessica Cole at j cole at becker's healthcare.com
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