...Sarah London until December 2024. Her 2024 security totaled $69,133. Interestingly, CFO Drew Asher received $98,358 in protection services and COO Susan Smith $33,244. London also had $143,854 in expenses for personal aircraft usage. Centene policy is that the aircraft is available for security reasons but did not disclose whether London or other executives were required to use the plane for business use. Finally, Humana’s only disclosures around security was for the perquisite of personal corporate plane usage, and it’s limited. CEO Jim Rechtin incurred $36,166, with former CEO Bruce Broussard spending $37,434 . FierceHealthcare’s Paige Minemeyer did the dig.... Continue Reading
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News roundup: NHS England to be abolished, absorbed into UK DHSC, while IT glitch shorts 5,200 from screenings; Veradigm *finally* files 2022 financials (updated), VA-Oracle EHR now promises 13 installs in 2026
...respective years ($0.77), $1.01, and $4.37. Now for 2023 and 2024…. Veradigm release is a long read Updated: Healthcare Dive confirmed Veradigm’s flat revenue projection for 2025. Two new board directors and a chairman were appointed: Jonathan Sacks, a partner at Stonehill Capital Management, and Bruce Felt, CFO at cloud software company Domo on the board, and Lou Silverman as chairman. Mr. Silverman joined the board last month and replaces Greg Garrison, who last month announced his retirement after the 2022 financials were filed. Under the agreement with investor Kent Lake PR LLC, all had to be approved by them... Continue Reading
Short takes 2: Humana’s CEO changeover; Owlet Dream Sock CE Mark, UK approval; TytoCare goes to school; LG enters home health with Primefocus; Samsung $92M buys Sonio (FR); raises by Blackwell in health cybersec, Watershed Health
Keeping it short and sweet for the end of the week. Payer Humana changing out CEOs. The wrap for current CEO Bruce Broussard is coming a little earlier than anticipated, with the planned changeover to Jim Rechtin on 1 July. Mr. Broussard will depart the board of directors but stay on as a ‘strategic advisor’ until 2026, which is a typical arrangement for CEOs usually tied to compensation. Mr. Rechtin’s experience prior to joining Humana as president/COO in January was as Envision Healthcare’s CEO and with OptumCare and DaVita. Last year, Humana and Cigna failed to merge after shareholders disapproved... Continue Reading
Short takes: a rumor of merger/buy with Cigna and Humana–what are the odds? (updated) And what’s up with the low number of HIMSS 24 exhibitors?
...all goes well. On paper, industry observers like it but point out the overlap in one significant area. Cigna earlier announced that it wants to sell its relatively small Medicare Advantage business, concentrating on its leadership in the commercial business and with its service businesses under the Evernorth umbrella. Humana is exiting its commercial health plans to focus on MA and Medicaid, as well as its large footprint in the home health business with CenterWell. Humana’s CEO Bruce Broussard is retiring next year, with newcomer to Humana Jim Rechtin joining as COO in January 2024 as his replacement. Cigna’s CEO... Continue Reading
NHS Digital GPDPR medical database plans criticized by Royal College of GPs, privacy advocates (updated 8 June)
...plan come to fruition. I despair for my children and grandchildren. Bruce Elliott The public should be first encouraged to view and understand what of their own 'data' is being shared and how it could possibly benefit them. The communications around this issue have been woeful for many years and sadly show no signs of improvement. I'm a Type 1 Diabetic and should benefit from the use of my 'data' but because organisations like DiabetesUK don't seem to be involved in the conversations, decision making and communications around this it irritates me intensely. This could be done so much better... Continue Reading
IoT=Cyberdisaster, if we don’t chill innovation and secure it. It’s hip to be scared!
It’s hip to be scared and chill out innovation till we can secure it. That is the plain thought behind the new book Click Here to Kill Everybody, Bruce Schneier’s take on how IoT is going to wreck our lives. Basically, if it can be hacked, it will be, and the more we make dumb things smart, the easier this mischief will be able to hurt us–not our data, but our lives, health, and property. As our Readers know, TTA has been calling out the threat to humanity since The Gimlet Eye lampooned Internet Thingys doing things against their will... Continue Reading
News roundup: First Stop, GlobalMed, American Well, Avizia, Medicity, Health Catalyst, Allscripts, Welbeing, BenevolentAI
[grow_thumb image=”https://telecareaware.com/wp-content/uploads/2017/12/Lasso.jpg” thumb_width=”125″ /]Announcements and acquisitions have been multiplying–here’s what’s most interesting. In companies we’ve recently written about: Our recent Contributor Bruce Judson, now with corporate telemedicine provider First Stop Health, wrote us enroute to the Government Finance Officials Association conference in St. Louis that FSH achieved triple-digit top-line revenue growth and also achieved an average utilization rate of 52 percent. The formal announcement was made earlier this week at the HLTH conference in Las Vegas (release), where another one of our Contributors, Sarianne Gruber, is attending for Answers Media Company. GlobalMed, a prior contributor to Perspectives, is offering a... Continue Reading
Far from a tipping point: only 18 percent of consumers using telemedicine. An expectation gap? (US)
Bruce Judson Digital transformation happens slower than expected, then far faster than anyone imagined. As compared to last year, the number of Americans who are aware of telemedicine and have used it has increased dramatically. It may not yet be "top of mind" for the great majority of Americans, but the numbers in this article suggest the hockey-stick of rapid growth leading to the tipping point is happening. Your article points out it may not be happening as fast as industry participants now believe. See my article on this transformation, your Weekend Big Read: will telemedicine do to retail healthcare... Continue Reading
Weekend Big Read: will telemedicine do to retail healthcare what Amazon did to retail?
Updated. Our past contributor and TelehealthWorks’ Bruce Judson (ATA 2017 coverage) has penned this weekend’s Big Read in the HuffPost. His hypothesis is that telemedicine specifically will disrupt location-based care, followed by other digitally based care–and that executives at health systems and payers are in denial. More and more states are recognizing both parity of treatment and (usually) payment. Telemedicine also appeals to three major needs: care at home or on the go, with a minimal wait; maldistribution of care, especially specialized care; and follow-up/post-acute care. His main points in the article: Healthcare executives are being taken by surprise because... Continue Reading
Successful Aging 2030: how far we haven’t come, how far we have to go
...other ‘consumer’ areas despite billions in spend. Add in the layer cake of regulations and requirements affecting cost, delivery, and inflexibility. “The Patient Will See You Now” is nowhere near. ) Black Rock Institute‘s Bruce Wolfe noted how people underestimate how long they are going to live and overestimate their assets. This led into a discussion on what constituted meaningful work for older adults since ‘retirement’ is a phase, not a withdrawal. A disappointment to this Editor was that most of the answers seemed to be about unpaid (volunteer) or low paid work which is not satisfactory for those with... Continue Reading
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