- Daily Industry Report
- Posts
- Daily Industry Report - May 30
Daily Industry Report - May 30
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/28c1a14d-c0d7-4ce7-a2b9-a5915ecf7bfe/HVBA_x_HVBI_LION-Main_LOGO_041424.png?t=1713537205)
Your summary of the Voluntary and Healthcare Industry’s most relevant and breaking news; brought to you by the Health & Voluntary Benefits Association®
Jake Velie, CPT | Robert S. Shestack, CCSS, CVBS, CFF |
For Rural ACOs, New Primary Care Model From CMS Offers Much-Needed Financial Help
By Lynn Carroll This article discusses introducing a new primary care model by the Centers for Medicare & Medicaid Services (CMS) aimed at providing financial support to rural Accountable Care Organizations (ACOs). This initiative seeks to address the unique challenges faced by rural healthcare providers by offering financial incentives and support structures to improve care delivery and sustainability. The model is designed to enhance the quality of care while reducing costs, ultimately aiming to improve patient outcomes in rural areas Read More …
HVBA Article Summary
Introduction of the ACO PC Flex Model: The new ACO Primary Care (PC) Flex Model by CMS, launching in January 2025, aims to support low-revenue ACOs with $250,000 in advanced payments and ongoing monthly stipends to cover administrative costs and promote primary care.
Payment Structure Changes: This model replaces Medicare fee-for-service reimbursements with prospective payments, encouraging innovative, team-based, and person-centered care approaches to improve health outcomes and manage costs effectively.
Support for Rural Healthcare Providers: The initiative addresses financial challenges faced by rural healthcare providers, supporting their sustainability and enhancing care coordination, particularly for chronic diseases and mental health issues.
America's doctors need more obesity medicine training
By Maya Goldman - In a recent revelation, a significant number of U.S. doctors have acknowledged the critical need for enhanced training in obesity care. This spotlight on the gaps in medical education underscores the urgency to better equip healthcare providers with the skills to effectively manage and treat obesity. Read More…
HVBA Article Summary
Training Gap Identified: A substantial portion of U.S. doctors admit that their training in obesity care is insufficient, highlighting a crucial area in need of improvement within medical education.
Impact on Patient Care: The lack of comprehensive training affects the quality of care doctors can provide to patients struggling with obesity, potentially impacting overall health outcomes.
Educational Reforms Needed: Experts call for significant reforms in medical school curricula and ongoing professional development to address obesity as a chronic health issue.
Future Implications: Addressing this training gap is seen as essential for improving obesity management and treatment, which could lead to better health results and reduced healthcare costs in the long run.
Nursing home groups file lawsuit to block CMS' staffing mandate
By David Muoio - In a bold move shaking the healthcare industry, major nursing home groups have filed a lawsuit to block the Centers for Medicare & Medicaid Services (CMS) from implementing its new staffing mandate. This mandate, aimed at improving care quality, requires nursing homes to meet specific staffing levels. Industry leaders argue that the rule is unfeasible and could exacerbate existing staffing shortages. Dive into our latest article to explore the details of the lawsuit, the implications for nursing homes nationwide, and what this battle means for the future of elder care in the United States. Read More…
HVBA Article Summary
Lawsuit Filed: Major nursing home associations, including the American Health Care Association, have filed a lawsuit to block CMS' new staffing mandate.
Mandate Details: The CMS rule requires nursing homes receiving Medicare and Medicaid funding to meet specific nurse staffing standards, including a total of 3.48 hours of care per resident per day.
Industry Concerns: Nursing home groups argue that the mandate is unfeasible due to existing staffing shortages and could lead to increased costs and displacement of residents.
Legal Arguments: The lawsuit claims the CMS rule exceeds statutory authority and violates the Administrative Procedure Act by being arbitrary and capricious.
HVBA Poll Question - Please share your insightsAssuming you or your clients are reconciling their employee benefits premium bills, how much time do you estimate they spend on this activity each month? |
Our last poll results are in!
32.70%
of Daily Industry Report readers who responded to our last polling question on stated that “Predictability” weighs most heavily when choosing an insurance payment structure.
30.41% of respondents said “Other,” 19.62% reported that “Cost-effectiveness” is most highly considered, while 17.27% feel “Flexibility” weighs most heavily when choosing an insurance payment structure.
Have a poll question you’d like to suggest? Let us know!
By Joyce Frieden - Explore the latest insights on equity in medicine with our featured article. Discover the innovative strategies being implemented to bridge the gaps in healthcare access and quality for marginalized communities. Understand the challenges faced and the progress being made towards a more equitable healthcare system. Stay informed and engaged with this crucial aspect of public health policy. Read more…
HVBA Article Summary
Rising Financial Burden for Low-Income Families: Between 2007 and 2019, low-income families with private health insurance saw their healthcare costs increase significantly. The financial burden jumped from 23.5% to 26.4% of their post-subsistence income, putting additional strain on already limited resources.
Disparities in Healthcare Affordability: While low-income families faced steep cost increases, higher-income families experienced only a modest rise from 5.4% to 6.5%. This discrepancy highlights the ongoing inequity in healthcare affordability across different income levels.
Policy Recommendations for Financial Relief: Experts suggest several measures to alleviate the financial pressure on low-income families, including enhancing financial safeguards, regulating insurance premiums, and increasing subsidies. These steps aim to create a more equitable healthcare system that reduces financial strain for the most vulnerable populations.
Lifestyle-Dementia Links Persist Regardless of Risk Genes, French Study Shows
By Judy George - Lifestyle and other dementia risk factors were linked with cognitive changes independently of genetic risks for Alzheimer's disease, a French prospective study found. Read Full Article…
HVBA Article Summary
Lifestyle Factors Influence Dementia Risk: A study conducted across three French cities involving over 5,000 participants revealed that lower scores on the Lifestyle for Brain (LIBRA) health risk scale at baseline were associated with subsequent cognitive decline and dementia incidence. This association persisted regardless of APOE4 or other genetic factors, suggesting that lifestyle modifications could mitigate dementia risk.
Impact of LIBRA Scores on Dementia Risk: The hazard ratio for dementia increased with each 1-point change in LIBRA scores, with a higher risk observed in APOE4 carriers compared to non-carriers. This indicates that lifestyle factors assessed by the LIBRA score, such as diet, exercise, cognitive activities, smoking, and alcohol consumption, play a significant role in dementia development independent of genetic susceptibility.
Precision Prevention and Public Health Implications: The findings underscore the importance of targeted prevention strategies that address modifiable risk factors for dementia. Public health initiatives aimed at promoting healthy lifestyles could potentially delay or slow the onset of dementia, offering a promising avenue for dementia prevention, especially among individuals with genetic predispositions like APOE4 carriers.
More than a third of healthcare organizations aren’t prepared for cyberattacks: report
By Sydney Hallandman - Recent findings reveal that ransomware attacks are significantly impacting patient care within the healthcare industry. A report from Software Advice highlights that over a quarter of such attacks lead to severe disruptions in medical services, posing risks to patient safety. The healthcare sector continues to grapple with cybersecurity challenges, emphasizing the urgent need for robust defense mechanisms and strategic response plans. Read More...
HVBA Article Summary
Significant Impact on Patient Care: Over a quarter (27%) of ransomware attacks on healthcare providers directly affect patient care, leading to disruptions in medical services, data loss, and compromised patient safety. This underscores the vulnerability of healthcare systems to cyber threats, with attacks causing delays in critical procedures and malfunctioning medical devices.
Lack of Preparedness: Despite the high risk of cyberattacks, only 63% of healthcare organizations have a formal cybersecurity response plan. This lack of preparedness leaves many organizations vulnerable to prolonged disruptions and data loss during cyber incidents.
Human Error and Data Access: Human error and excessive data access are significant contributors to data breaches in healthcare. About 55% of medical practices allow employees to access more data than necessary, increasing the risk of breaches. Additionally, many organizations spend insufficient time on IT security training, exacerbating the problem.
These points highlight the urgent need for improved cybersecurity measures and training within healthcare organizations to protect patient data and ensure the continuity of care (Software Advice) (TMCnet) (HIPAA Journal).
Hospital orgs join cross-industry appeal for FTC to delay non-compete ban implementation
By Dave Muoio - In a significant move, hospital organizations have joined forces with cross-industry leaders to appeal to the Federal Trade Commission (FTC) for a delay in the implementation of a proposed non-compete ban. This united front highlights concerns over potential impacts on workforce stability and operational continuity within the healthcare sector. Stay informed on how this pivotal decision could shape the future of employment agreements across the industry. Read more…
HVBA Article Summary
United Front: Hospital organizations have formed an alliance with leaders from various industries to formally request the Federal Trade Commission (FTC) to delay the implementation of the proposed non-compete ban. This coalition underscores the widespread concern about the potential ramifications of the ban on multiple sectors, including healthcare.
Key Concerns: The primary concerns highlighted in the appeal include potential disruptions to workforce stability and challenges to operational continuity within the healthcare sector. The coalition argues that non-compete clauses are crucial for maintaining business stability and ensuring a seamless continuation of services, which are particularly vital in healthcare.
Strategic Implications: The collaborative effort to delay the FTC's non-compete ban points to the significant role these clauses play in protecting competitive advantage and retaining skilled professionals. Hospital organizations believe that without non-compete agreements, there could be increased turnover and a loss of specialized talent, which would adversely affect patient care and organizational effectiveness.
Lilly budgets additional $5.3B for tirzepatide API factory in Indiana
By Anna Brown - Eli Lilly is making waves in the pharmaceutical world with a significant $5.3 billion investment to expand their tripeptide API manufacturing facility in Indiana. This move underscores their commitment to meeting the growing demand for innovative diabetes and obesity treatments. Stay tuned for more updates on how this expansion will enhance production capabilities and impact the healthcare landscape. Read More…
HVBA Article Summary
Massive Investment- Eli Lilly is making a bold financial commitment by allocating an additional $5.3 billion to expand its Active Pharmaceutical Ingredient (API) manufacturing facility in Indiana. This significant investment is directed towards enhancing the production of tirzepatide, a groundbreaking drug used in the treatment of diabetes and obesity. The expansion underscores Eli Lilly's dedication to addressing the growing global demand for innovative therapies and solidifying its leadership in the pharmaceutical industry.
Increased Production -The substantial investment is aimed at significantly boosting the production capacity of tirzepatide, ensuring that the supply chain can meet the high and growing demand for this medication. Tirzepatide has shown considerable promise in clinical trials for managing diabetes and aiding weight loss, making it a critical component of Eli Lilly's portfolio. By increasing production capabilities, Eli Lilly aims to improve the accessibility and availability of this potentially life-changing drug to patients worldwide.
Economic Impact - The expansion of the Indiana facility is not just a win for Eli Lilly but also for the local economy. The project is expected to create numerous jobs, ranging from construction to high-skilled pharmaceutical positions, thereby providing a significant boost to the local workforce and economy. This initiative highlights Eli Lilly's role in not only advancing healthcare solutions but also contributing to economic development in the communities where it operates.
Semaglutide Significantly Improves Chronic Kidney Disease
By Nancy A. Melville - Semaglutide, a glucagon-like peptide-1 (GLP-1) receptor agonist, has shown significant benefits in preventing major kidney disease, cardiovascular events, as well as mortality in patients with chronic kidney disease (CKD) and type 2 diabetes in the landmark FLOW trial. Read Full Article…
HVBA Article Summary
Semaglutide's Kidney Protection: The FLOW trial, led by Vlado Perkovic and Katherine R. Tuttle, marks a milestone in diabetes care by demonstrating the kidney-protective effects of GLP-1 receptor agonists, specifically semaglutide. The trial, conducted internationally with 3533 patients, revealed a significant 24% reduction in the risk of major kidney events among those treated with semaglutide compared to placebo, fundamentally altering treatment paradigms for diabetic kidney disease.
Incorporation into Treatment Guidelines: The study's findings are expected to prompt regulatory agencies and medical guidelines to integrate semaglutide as a recommended therapy for diabetic kidney disease alongside established treatments like RAAS blockers and SGLT2 inhibitors. The addition of semaglutide as a fourth pillar underscores its efficacy in mitigating kidney complications, aligning with the evolving landscape of precision medicine in managing comorbidities of diabetes and CKD.
Addressing Therapeutic Combinations: Despite the trial's success, questions linger about the optimal use of semaglutide in conjunction with other standard treatments, notably SGLT2 inhibitors. Ongoing research aims to discern whether combining these therapies yields additive benefits, challenging the notion of an either-or approach. This highlights the need for nuanced treatment strategies tailored to individual patient profiles, emphasizing the importance of comprehensive care in combating the dual pandemic of diabetes and kidney disease.
Reversing progress, stroke rates are rising, especially in working-age adults
By Elizabeth Cooney - Stroke prevalence has been climbing over the past decade, reversing a steady decline among all Americans while rising the most among adults under 65, a new CDC analysis reports. Read Full Article…
HVBA Article Summary
Shift in Stroke Prevalence: While strokes traditionally affected older adults, there's been a notable increase in younger age groups, particularly those under 45. Despite advancements in medical treatments and technologies, stroke rates in the United States had fallen but then surged again by 7.8% overall and by 15% for adults under 65 from 2010 to 2022.
Rising Risk Factors and Behaviors: The rise in stroke prevalence among younger adults is associated with shifts in risk factors and health-related behaviors. Factors such as obesity, high blood pressure, and opioid use have increased among younger age groups, contributing to the uptick in strokes. The opioid epidemic, along with infective endocarditis, has been identified as a significant factor in stroke-related hospitalizations for individuals under 45.
Persistent Disparities and Awareness Needs: Ethnic and racial disparities persist in stroke prevalence, with certain groups experiencing higher rates than others. Additionally, individuals with lower education levels have a higher prevalence of strokes, often linked to limited access to healthcare. There's a crucial need to expand awareness not only of stroke symptoms but also of underlying health conditions that increase stroke risk. Prevention and early intervention strategies targeting conditions like hypertension and diabetes are crucial for reducing the impact of strokes, emphasizing the importance of public health initiatives and improved access to healthcare.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/2fb2a4ba-b095-4d81-b520-3a745b5ea133/Image_of_the_day_learning_machine.jpeg?t=1717020759)
AI Identifies Two Natural Bioactive GLP-1 Compounds
By Becky McCall - In an exciting development, AI has identified two natural bioactive GLP-1 compounds that show promise in diabetes and obesity treatment. These compounds, derived from natural sources, demonstrate activity at the GLP-1 receptor and may be orally administered with fewer side effects compared to current treatments. This breakthrough could pave the way for more effective and safer therapies for patients. Read More…
HVBA Article Summary
AI Discovery: Artificial intelligence technology has successfully identified two naturally occurring bioactive compounds that interact with the GLP-1 receptor, a critical target for diabetes and obesity treatments. This discovery underscores the potential of AI in accelerating the identification of therapeutic agents from natural sources.
Potential Benefits: The identified compounds, due to their natural origin, promise safer and more effective treatment options. They can be administered orally, reducing the need for injections and minimizing side effects typically associated with synthetic drugs.
Future Implications: This breakthrough holds significant promise for the development of new therapies, potentially transforming the treatment landscape for diabetes and obesity. Continued research and development based on these findings could lead to more accessible and patient-friendly treatment options, improving the quality of life for millions.