Morning Headlines 11/15/23
Henry Schein Reports Third-Quarter 2023 Financial Results and Updates Full-Year Guidance
The medical supply vendor misses estimates for both revenue and earnings and lowers guidance even though the quarter was over before its October cyberattack.
UnitedHealth pushed employees to follow an algorithm to cut off Medicare patients’ rehab care
The company reportedly threatened to fire employees who failed to hit targets to limit the rehab care of Medicare Advantage patients to an algorithm-predicted appropriate number of days.
The Next WebMD: An LLM as Your Front Door to Healthcare
A16Z predicts that the model of Googling symptoms and then asking a medical friend or relative could be replaced by AI chatbots that could refer people to a marketplace of services offered for sale, giving the LLM company control of revenue streams worth billions.
EConsult and referral management solution provider AristaMD acquires Sitka, which offers a platform for primary care providers to request video consultations from specialists.
The primary point of using the Cloud is using operating expenses vs limited capital ones and avoiding having to update…