Kaiser Permanente
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5 Most Notable Hospital M&A Deals in 2023
Health systems have made dozens of M&A deals this year, as many are seeking out partnerships to grow and protect their long-term financial sustainability. Here is a rundown of five newsworthy deals announced in 2023.
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Do you advise self-insured employers? You Can Help Us!
Take part in this survey and share some of the trends you are seeing among your clients across healthcare, including chronic conditions, behavioral health and navigation.
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Artificial Intelligence, Health Tech, Hospitals
How Can Health Systems Cut Through the AI Noise? 3 Leaders Answer
During a webinar, three health system leaders discussed strategies they use to ensure successful AI deployment. They agreed that one of the best ways health systems can prime themselves for fruitful AI deployments is beginning with a specific problem to solve — as opposed to having AI startups tell them which problems need to be addressed.
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Inside the Kaiser Contract That Ended the Biggest Healthcare Strike in US History
About 85,000 Kaiser Permamente workers voted to ratify a new contract, putting to end what was the largest strike in the history of the healthcare industry. The new contract includes terms for higher wages, more employee education, increased hiring and retention efforts, and greater involvement of frontline workers in the health system’s staffing decisions.
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Payer Insights Program Highlights How Payers and Tech Partners Are Thinking About AI, Health Equity, and the Consumer Experience
HLTH 2023 introduced a new program focused on technology trends for and perspectives from payers in a series of conversations around AI, health equity and healthcare innovation.
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Consumer / Employer, Devices & Diagnostics, Health Tech
Healthcare Moves: A Monthly Summary of Hires and Layoffs
Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.
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85,000 Kaiser Workers Will Soon Vote to Authorize What Could Be the Biggest Healthcare Strike in US History
The Coalition of Kaiser Permanente Unions announced that it will soon begin conducting strike authorization votes among its 85,000 members. The coalition’s chief concern is Kaiser’s dangerous staffing levels, which members say have led to excessively long wait times, patient neglect and mistaken diagnosis. If the coalition authorizes and implements the strike, it will become the largest strike of healthcare workers in the history of the U.S.
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Why the Pandemic Was a Turning Point for Nurses Flexing Union Power
Nurse unions and labor experts agree that the pandemic was a turning point that catalyzed nurses to fight for improved working conditions and overall better treatment from their employers. By negotiating new contracts with their employers, unions are working hard to both uphold patient safety and mitigate the nursing field’s debilitating workforce shortage.
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Hospital M&A Activity Caught Up to Pre-Pandemic Levels in Q2
M&A activity among hospitals and health systems increased in Q2 of 2023 — there were 20 deals in Q2 compared to 15 deals in Q1, according to a new report. This surge brought Q2’s M&A activity levels in line with those observed before the pandemic. Q2’s 20 deal marks the highest number of announced transactions for hospitals and health systems since Q1 of 2020.
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Trayt Health Seeks to Increase Access to Diagnoses and Treatments
CEO Malekeh Amini explains how Trayt Health can bridge the gap for patients seeking neurological care.
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Kaiser Permanente Study: Meal Support Improves Outcomes for Older Adults
A Kaiser Permanente Southern California study published in JAMA Health Forum found that Medicare Advantage members who received meals after being discharged from the hospital had lower odds of rehospitalization and death.
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Kaiser Permanente to Acquire Geisinger, Along with 5-6 More Health Systems in the Near Future
Kaiser Permanente announced that it expects to acquire Pennsylvania-based Geisinger Health. Kaiser’s move is part of a larger plan — Geisinger will be the first health system to join Risant Health, a new company Kaiser launched to operate nonprofit health systems under value-based care models. Kaiser said it expects to invest $5 billion in Risant and fold five or six health systems into the company over the next five years.
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Stanford Becomes 2nd California Health System to Grant Workers’ Big Raises This Month
Healthcare workers at Stanford Medical Center and Lucile Packard Children’s Hospital ratified a new agreement that increases their wages by 15% over the next three years. It’s been good month for nurses unions in Northern California — Kaiser Permanente nurses recently ratified a new contract that increased wages by 22.5% over four years and included provisions for improved staffing.
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Kaiser Nurses Ratify New Contract That Raises Wages by 22.5% And Improves Staffing
About 21,000 Kaiser Permanente nurses in Northern California ratified a new four-year contract — one that includes provisions for a 22.5% wage increase, improved staffing and more. The contract’s approval comes about two weeks after Kaiser reached an agreement with California Nurses Association to avert what would have been the biggest private sector nurses strike in American history.
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RPM Must Be in the Standard of Care for Diabetes, Kaiser Physician Says
To help address the diabetes epidemic, providers should incorporate remote patient monitoring into the standard of care, according to Kaiser Permanente physician Dr. Sos Mboijana. When treating chronic conditions like diabetes, having access to a continuous flow of patient data is critical, he said.
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Kaiser Nurses Avert Strike and Get 22.5% Raise With New Contract
About 22,000 nurses and nurse practitioners reached a tentative agreement with Kaiser Permanente, averting what would have been the biggest private sector nurses strike in American history. These workers have been in negotiations since June, but they will soon vote to ratify a new four-year contract, which includes provisions for a 22.5% raise, increased nurse staffing and more.