NEWS AND INSIGHTS

Regulatory Challenges A major hurdle when incorporating AI into healthcare is navigating the environment. AI technologies used in healthcare must meet standards to ensure patient safety and effectiveness. Regulatory requirements differ from one region to another. For example, in the United States, the Food and Drug Administration (FDA) mandates testing and validation before AI systems can […]

Self-Funded Health Plans With at least 200 employees, benefits advisors say it makes financial sense to self-fund an employee health plan rather than paying insurance companies for traditional coverage.7 It’s not like home fire insurance where you never expect to use it. To understand the potential benefits, it helps to recognize employee health insurance as a

Introduction Hospitals and health systems have been at the forefront of a major transformation while at a crossroads of increasing demand for higher acuity care and deepening financial instability. Persistent workforce shortages, severe fractures in the supply chain for drugs and supplies, and high levels of inflation have collectively fueled hospitals’ costs as they care

The emergence of expensive biologic therapies in the early 2000s led to the creation of patient support services primarily aimed at financial assistance. These services have since evolved to include additional functions such as onboarding, adherence, and market data, with manufacturers now outsourcing these “hub” services due to their complexity. Pharma and biopharma hub services