Modern Healthcare Staff Crain's New York Business [email protected] See All Staff Page Recent Stories Optum’s $168M health cost database for NY faces major delays The state Health Department inked a $168 million contract with Optum in 2016, but the platform is still unavailable to the public. NY hospitals turn to robots to improve pharmacy services Hospitals are increasingly turning to robotic drug dispensing to improve efficiency and quality in their pharmacies. CarePoint Health advances merger amid deepening financial woes The deal is the latest example of healthcare consolidation in the New York City region, as smaller, safety-net hospitals have struggled to remain afloat. VC interest in AI-backed healthcare explodes in New York As of October, venture capital investments in New York-based health companies using AI have already surpassed $1 billion, up from $670 million in 2023. Sequoia Capital leads Roon's $15M funding for medical advice app Roon, whose app proffers medical guidance for people with complex diagnoses, raised $15 million in early-stage capital from venture firm Sequoia Capital. Mount Sinai partners with Noom The companies want to open up a two-way referral channel between one another in hopes of filling gaps in treatment. NY home health agencies face competition from Medicaid program The drop coincides with compounded cuts to Medicare home health payments and an explosion in the number of people using a $9-billion Medicaid program. NYC Health + Hospitals to cut primary care appointment times Beginning in September, the public hospital system plans to bring the time allotted for primary care intake appointments from 40 minutes to 20 minutes. Talkspace expands telehealth services to 6M military members The deal marks Talkspace’s most recent attempt to expand its offerings to people enrolled in publicly funded health insurance plans. New York's $7.5B Medicaid experiment to begin this month The pilot program unlocks federal money to revamp the Medicaid program, allowing the state to use Medicaid in ways it’s never been used before. Uber expands healthcare reach with new patient transport platform In the coming months, Uber said it will start to partner with Medicare Advantage, Medicaid and commercial plans to reimburse consumers for the cost. Elevance's potential deal with NY Medicaid insurer sparks concern The pending purchase, expected to be finalized in the third quarter of 2024, was quietly disclosed in Elevance’s annual report for 2023. New York City to end contract with DocGo DocGo’s emergency, no-bid contract to provide services to migrants in and outside of the city is set to expire May 5. Mount Sinai hit with $2M in penalties for understaffing nurses Mount Sinai Health System was hit with a combined $2 million in penalties for short-staffing nurses in a handful of departments. NYC Health + Hospitals reinstate mask mandate due to Covid, flu rise Health system staff and visitors are required to mask up at hospitals, community health centers and post-acute care facilities. Load More Sponsored Content
