Health IT

Medical education, after years of sticking to a tried-and-true formula of lectures, exams and rotations, is racing to catch up with technological innovations that are reshaping the way we train nurses and doctors in the U.S., the New York Times reported Oct. 31. Virtual reality (VR) and high-fidelity simulations are leading the charge.

The Mayo Clinic and London-based virtual reality developer FundamentalVR have announced a three-year strategic alliance and joint development agreement, making the Mayo Clinic the first American medical center to institute the company’s technology.

Investment bank and financial services company Morgan Stanley has hired a chief medical officer for the first time in the firm’s history, according to Business Insider.

Remedy Partners tripled its business under Medicare’s Bundled Payments for Care Improvement (BPCI) Advanced program, the Connecticut-based bundled payment convener company announced.

A new proposed rule from CMS would expand Medicare Advantage and Part D telehealth benefits in 2020. The changes will likely make telehealth services more accessible to Medicare beneficiaries at home.

State Medicaid agencies had 1,260 data breaches in 2016, many of which were the result of misdirected communications that sometimes exposed the information of beneficiaries in letters, emails and faxes.

The files of approximately 75,000 individuals were accessed during suspicious activity in the Affordable Care Act enrollment system, according to CMS. The agency stated it took immediate steps to secure the system.

Anthem, Inc. will pay a record $16 million to HHS Office for Civil Rights (OCR) after a data breach exposed the electronic protected health information of nearly 79 million people.

Mayo Clinic has completed its implementation of the Epic electronic health record (EHR) system at all of its locations.

Johns Hopkins University’s Malone Center for Engineering in Healthcare has developed a new algorithm that aims to reduce the number of costly no-show appointments.

The emergence of artificial intelligence in healthcare has led to many significant benefits for patients and patient care. However, AI—and other related technologies—aren’t likely to replace the intimate relationship between physician and patient, writes Russ Alan Prince, a wealth management consultant and author, for Forbes.

Thriving in the current healthcare environment is a struggle for organizations of all types and sizes, but there are a few key strategies the top performers agree are best for meeting the significant headwinds of the industry, according to a new report from the Medical Group Management Association (MGMA).