07 Aug Health Data News Roundup: IMAT Meets Data-Sharing Best Practices; Proposed Prior Authorization Rule Concerns; and Medica Launching New Medicare Advantage Plan

Welcome to the Health Data Weekly News Roundup from IMAT Solutions. As the power of data continues to grow in the healthcare arena, today’s care organizations need to be on the forefront of all news and trends to help ensure that their data analytics efforts deliver accountable and informed care. Each week, we will provide you with the actionable news you need to meet these goals.

How IMAT Solutions Meets Data-Sharing Best Practices Playbook Requirements
AHIP, the American Medical Association (AMA), and the National Association of ACOs (NAACOS) recently published its data-sharing best practices, and here’s how IMAT can help care organizations meet these voluntary requirements.

CMS Projects 2024 Medicare Part D Premiums Will Fall by 1.8 Percent
Medicare Part D premiums are projected to decrease from $56.49 in 2023 to $55.50 in 2024, CMS announced. The projected average Part D premium represents the sum of the average basic premium and the average supplemental premium for plans with enhanced coverage.

AHIP, BCBSA Voice Concerns About Proposed Prior Authorization Rule
AHIP joined the American Hospital Association (AHA), American Medical Association (AMA), and Blue Cross Blue Shield Association (BCBSA) in opposing the prior authorization reformation efforts from CMS in a notice of proposed rulemaking.

How Geisinger, UNC Health Are Deploying Predictive Algorithms
Executives from Geisinger and UNC Health recently discussed impactful ways they have deployed predictive AI during a recent virtual panel. At Geisinger, these predictive algorithms are reducing avoidable emergency department admissions, and at UNC, they are helping to identify sepsis before it becomes severe.

Medica Launching New Medicare Advantage Plan with OSF Healthcare
Medica is expanding to seven counties in Illinois through a collaboration with OSF Healthcare. The collaboration will provide Medicare Advantage plans in Illinois in 2024, pending regulatory approval.

Humana Posts $959 Million Profit in Q2, Boosts Medicare Advantage Expectations
Humana posted a 38 percent increase in profits year over year and expects to exceed the industry’s average Medicare Advantage growth rate this year, according to the company’s recent second-quarter earnings.