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Monday Morning Update 11/25/24

November 24, 2024 News 2 Comments

Top News

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Executives of Forward — the CarePods and medical office company — have moved on to start a new venture just one week after Forward shut down after raising $650 million.

Forward founder and former CEO Adrian Aoun says that one of Forward’s biggest investors called him the day the company closed with an offer to back his next startup, which amazed him:

We just burned not quite half a billion dollars on an idea. A lot of people’s reaction is, what are you doing next? Let’s do it again. What sort of special ass culture did we create in Silicon Valley where this is reality? This is absurd.


Reader Comments

From Slipknot: “Re: Oracle. When Cerner Millennium was new, I watched it get thrown out by a big health system when Cerner couldn’t deliver anything that worked, not to mention that the salespeople were like stereotypical used car salesmen. I’ve been mortified watching the VA implementations go as I expected they would. Now Congress has decided not to keep monitoring them. I wanted to believe that they would do better or that Oracle would force changes to their business model.” The new administration will have to decide whether to continue the flailing project in a cost-cutting environment and amid Congressional criticism. Larry Ellison has strong connections to Elon Musk and Oracle commands a formidable army of lobbyists, so that may be a factor. Hacking away at the sprawling, plodding VA bureaucracy might improve the project’s chance of success. Saber-rattling politicians may or may not realize that the VA has only two unsavory alternatives – attempt to move to Epic (knowing that the company probably wouldn’t deal with the VA’s VISN fiefdoms and political meddling) or stick with its wildly expensive, endlessly customized VistA dinosaur. I would probably bet on VistA at this point since it’s the only option that does not require the VA to change.


HIStalk Announcements and Requests

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Forty percent of poll respondents who have taken a DNA test received results that surprised them. I should probably have asked whether that surprise was good or bad.

New poll to your right or here: What would concern you most about receiving hospital-at-home treatment?

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I strayed onto the IPhone / IPad automation feature Shortcuts. I used it immediately to create an icon that shuts the phone down, another that opens the camera app ready to take a photo, and one that opens the Amazon app and displays my orders. You can also create an icon to turn on Do Not Disturb until you change locations, speed dial a given contact, open a ChatGPT session, turn on low power mode when the charge reaches a given percentage, and text someone the ETA from your current location to your destination using Apple Maps. Other than tapping an icon, you can also tell Siri to run a shortcut by name.

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In further technical exploration, I decided to try Bluesky as an X alternative. I was initially dismayed at the lack of a native IPad app, but the webpage works great. Hopefully it can get enough network effect users to avoid becoming another Clubhouse or Mastodon. Unlike certain similar services, it is ad-free, gives users instead of its owner control of their feeds, and has sane moderation practices. Follow me there if you like since I’ll probably post HIStalk updates there along with X.

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My Anonymous Vendor Executive topped off my supply of Donors Choose matching money. Does anybody have ideas for encouraging corporate donations so that I have something to match with? Teachers have a lot of classroom needs and I can usually match a donation at least 3x from various sources. About all I can offer in return, other than the satisfaction of supporting a good cause, is company exposure for a job well done.


Webinars

None scheduled soon. Previous webinars are on our YouTube channel. Contact Lorre to present or promote your own.


Acquisitions, Funding, Business, and Stock

Change Healthcare restores its clearinghouse services, nine months after they went offline in a February ransomware attack.

Three hundred academic primary care doctors at Mass General Brigham petition the National Labor Relations Board to unionize with an affiliate of SEIU. MGB medical fellows and residents voted to unionize in 2023 but are still negotiating their first contract.


People

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Brian Dixon, PhD, MPA is named director of the Regenstrief Institute’s Clem McDonald Center for Biomedical Informatics after serving as interim since June 2022.

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MetroHealth promotes Nabil Chehade, MD, MSBS to senior EVP /  chief clinical transformation, innovation, and strategy officer.

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Brian Gildea (FinThrive) joins Simple Health as chief sales officer.

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JoAnn Ploen (Optum) joins DexCare as VP of enterprise sales.


Government and Politics

The VA posts an RFI for a cloud-based human capital management system that its 6,300 HR employees will use to process one million personnel actions per year, including 487,000 mass pay adjustments. One might speculate that Oracle will pitch its Fusion Cloud HCM.

Today I learned that Hopkins surgeon and FDA commissioner nominee Marty Makary, MD, MPH is chief medical officer for weight loss telehealth vendor Sesame, which can legally sell compounded GLP-1 drugs because of an FDA-declared shortage of the brand name products. 


Other

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A Texas ED patient’s TikTok video goes viral in which staff at Houston Methodist Hospital questioned her about citizenship status and assigned sex at birth as required by Governor Gregg Abbott’s executive order from August. The employee asked the questions in a public waiting room that offered no privacy barriers. The hospital responded that they are legally required to ask the questions and record the responses in Epic, but the law doesn’t require patients to answer.


Sponsor Updates

  • PerfectServe announces that it has been positioned as a Leader and furthest for Completeness of Vision in the 2024 Gartner Magic Quadrant for Clinical Communication and Collaboration.
  • Notable successfully completes SOC 2 Type 2 compliance.
  • Nordic releases a new “Designing for Health” podcast titled “Interview with Scott MacDonald, MD.”
  • Sectra releases a new episode of its “Let’s Talk Enterprise Imaging” podcast titled “Greater Manchester’s path to AI in chest x-ray imaging.”
  • The “AI @ HLTH” podcast features WellSky, “From Data to Care: How WellSky is Revolutionizing Healthcare.”
  • Vyne Medical announces the expansion of the company’s cloud fax services and email-to-fax technology in a major academic medical center.

Blog Posts


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Currently there are "2 comments" on this Article:

  1. Well, this is depressing. It’s painful to read that VCs would rather throw money at someone who burned a massive amount of money, abandoned patients, and doesn’t appear to have learned anything. Here’s a blast from the past from Aoun and two of his contemporaries at the time, Dr. Ajayi from Cityblock, and Eren from Carbon Health – 2021, when money was cheap, and arrogance ran strong: https://www.youtube.com/watch?v=ptxJ_tVWyu0&ab_channel=TechCrunch

    Aoun sounds like a caricature of an uninformed tech bro who thinks he’s figured out health care. Incredible.

  2. Re: encouraging corporate donations

    Maybe HIStalk sponsors could get an incentive in exchange for pitching in? A contribution of $10/month towards Donors Choose this year gets them $10 off per month on their sponsorship renewal next year? I see 85 sponsor links, so that’s $10,200 going towards a good cause.







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RECENT COMMENTS

  1. Re: encouraging corporate donations Maybe HIStalk sponsors could get an incentive in exchange for pitching in? A contribution of $10/month…

  2. Well, this is depressing. It's painful to read that VCs would rather throw money at someone who burned a massive…

  3. Well now if you know that Epic is paying KLAS, do tell, and give evidence! Or is this another Oracle…

  4. Well that's a bad look as the Senators contemplate filling in the House gaps in the VA Bill

  5. Fear of scorn from Mr HIStalk is so great at Oracle Towers that the webinar recording linked to in the…

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