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Healthcare Happenings

May 2018 Healthcare Hot Takes: Hello Mega-Mergers, Goodbye Primary Care

Healthcare Hot Takes is Luma Health’s monthly rundown of healthcare innovations happening right now. Check out what the industry is thinking, reading, doing. STORY #1 Mega-mergers are transforming healthcare by forcing primary care out. From 2012 to 2016, office visits to primary care physicians fell by 18 percent. One cause for this: the emergence of retail and health insurance mega mergers. More than ever before, patients are choosing to get basic health care from one of the approximately 12,000 retail clinics and urgent cares throughout the nation. The convenience of being able to get care at a local CVS or Walmart is of […]

Ramesh Munnangi

Healthcare Happenings

Fight Administrative Costs with Smart Technology

Administrative costs are a growing goliath in the American healthcare industry. This year, 30 percent of all healthcare costs will be administrative in nature, from billing to coding, schedule keeping, wrangling with insurance providers, maintaining patient relations, and all the rest of your medical practice’s day-to-day operations. Unsurprisingly, at a cumulative cost of $320 billion dollars per year, America leads all nations in overall admin expenses. What’s worse is that administrative costs have shown little positive effect on the quality of medical care offered. In fact, according to a recent study, there may actually be an inverse relationship between the quality of care […]

Luma Health

Healthcare Happenings

April 2018 Healthcare Hot Takes: Here we go again…Walmart in talks to buy Humana

Healthcare Hot Takes is Luma Health’s monthly rundown of healthcare innovations happening right now. Check out what the industry is thinking, reading, doing. STORY #1 Walmart is in preliminary talks to acquire health insurer Humana. American retail giant Walmart is in early negotiations with Humana to become one of the country’s largest health insurers. No deal has yet been made, but a likely course of action is for Walmart to absorb Humana and its operations. Due to pressure from earlier acquisitions in the industry (See Amazon-Whole Foods/Amazon-JPMorgan-Berkshire Hathaway, CVS-Aetna, and Cigna-Express Scripts), Walmart is exploring this merger in order to stay competitive within a […]

Ramesh Munnangi

Healthcare Happenings

5 Questions to Ask When Assessing Your Medical Practice’s Competition

Understanding how your practice stacks up amongst competitors is key to navigating the healthcare industry successfully. With the consumerization of healthcare, patients not only have more choices in the care they receive but more control over their choices as well. This makes it exponentially more important to understand the landscape of your industry and manage your practice’s reputation effectively in order to position your practice as a competitive one. Not sure how to begin evaluating where you stand? According to strategic healthcare consultant, Nick Hernandez, these are the key questions you should be asking about your competitors in order to figure […]

Luma Health

Healthcare Happenings

March 2018 Healthcare Hot Takes: Uber Could Be Your Next Ride to the Doctor’s Office

Healthcare Hot Takes is Luma Health’s monthly rundown of healthcare innovations happening right now. Check out what the industry is thinking, reading, and doing. This month, we’re talking about some more big tech crossovers into healthcare, from Apple to Uber, and all the wearables and telemedicine in between. STORY #1 Uber is entering into the healthcare space with Uber Health. Uber is joining the healthcare party with Uber Health, a ride-sharing platform specifically designed for healthcare providers, clinics, hospitals, and more to ensure that patients have a ride to their medical appointment. Similar to other ride-hailing services working in the healthcare […]

Ramesh Munnangi

Healthcare Happenings

5 Simple Marketing Techniques to Increase Your Practice’s Reputation

In today’s healthcare industry, customer service has a major influence on how consumers judge the quality of the care they receive, and with the increasing relevance of tech in the healthcare space, patients are relying on review sites more than ever before to choose their providers. Here are our top five marketing techniques to help you take control of your practice’s reputation. In today’s healthcare industry, customer service has a major influence on how consumers judge the quality of the care they receive, and with the increasing relevance of tech in the healthcare space, patients are relying on review sites more than ever […]

Meg Kramer

Healthcare Happenings

February 2018 Healthcare Hot Takes: Amazon and Apple Make Unexpected Moves into Healthcare

Healthcare Hot Takes is Luma Health’s monthly rundown of healthcare innovations happening right now. Check out what the industry is thinking, reading, and doing. STORY #1 Amazon, JP Morgan Chase, and Berkshire Hathaway join forces to disrupt healthcare A huge ripple in the healthcare world occurred this past month with the announcement of a new health alliance from Amazon, JP Morgan Chase, and Berkshire Hathaway. These three titans of American commerce are joining forces with the goal of lowering health care costs for their U.S. employees. Details are vague but the joint company plans to leverage various technologies to make healthcare […]

Ramesh Munnangi

Healthcare Happenings

Introducing Healthcare Hot Takes: How CVS Health & Aetna Will Impact Local Communities

Introducing Healthcare Hot Takes: Luma Health’s monthly rundown of healthcare innovations happening right now.  This month, we talk about how the CVS and Aetna merger could impact local communities.

Ramesh Munnangi

Healthcare Happenings, Product

Top Healthcare Challenges for 2018 (And How Luma Can Help In The New Year)

The HCEG Top Ten Healthcare Challenges list inspired us to take a look at the ways we’re helping providers to tackle the industry’s big challenges in the new year – and we can’t wait to hit the ground running on January 1st.

Luma Health

Healthcare Happenings

All About Chatbots, Part III: Will Bots Be Prescribed For Healing?

Can chatbots really have therapeutic value? Some people think they can. In the last article of our chatbot series, see whether chatbots can ever be prescribed for healing.

Tashfeen Ekram, MD

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