Finance

Also, a new online tool has been found effective in predicting dementia.

The virtual care company reported a net loss of $69.2 million and revenue of $629.2 million, an 11% increase from the first quarter last year.

The newly independent company reported $372 million in net income with revenue of $4.7 billion, an 8% increase year-over-year.

The companies will become one company under the XRHealth brand. 

At HIMSS23, panelists discussed health systems' financial challenges as labor costs rise and the population ages.

Panelists at HIMSS23 discussed the different channels for distributing digital therapeutics to patients.

Mark Zandi, Moody's Analytics chief economist, predicts that finding and retaining health workers will remain tough while supply chain issues will continue to improve.

Trent Sanders, VP of healthcare, U.S., at Kyndryl, previewing his HIMSS23 presentation, talks about avoiding technology bottlenecks in the revenue cycle processes to improve employee engagement, drive increased revenue and reduce costs.

At HIMSS23, David Murtagh, VP of operations at MultiPlan, which cofounded the group with United Healthcare, Humana and others, will speak about payer and provider use cases that are emerging for the distributed ledger.

A stand-alone EHR workflow automates prior authorizations via workflow optimization and process modifications, reducing wait times for radiology at Atlantic Health System, according to Danielle Pieloch and Kumar Aditya in their HIMSS23 presentation.