Highmark Teams With Google on AI-Powered Health Partnership – PYMNTS.com

Highmark Health is working with Epic and Google Cloud to support payer-provider coordination.

Epics Payer Platform improves collaboration between health insurers and health providers, the companies said in a Monday (Feb. 26) news release. Now, by connecting to Google Cloud, the insights shared with payers and providers can be used to inform consumers of the next best actions in their care journeys.

The Epic platform allows for better payer-provider collaboration by driving automation, faster decision-making and better care while lowering burdens and fragmentation, according to the release.

Google Clouds data analytics technologies, meanwhile, can help facilitate insights shared with provider partner organizations using Epic, Highmark health plan staff, and Highmark members through other integrated digital channels like the My Highmark member portal.

Highmark Healths use of Google Cloud will enable the organization to create an intelligence system equipped with AI to deliver valuable analytics and insights to healthcare workers, patients and members, said Amy Waldron, director of healthcare and life sciences strategy and solutions at Google Cloud. Highmark Healths investment in cloud technology is delivering real-time value and simplifying communications; its redefining the provider and consumer experience.

As PYMNTS wrote late last year, the intersection of AI and healthcare was one of 2023s more exciting developments, with generative AI finding its way into areas ranging from medical imaging and pathology to electronic health record data entry.

PYMNTS Intelligence found that the generative AI healthcare market is expected to reach $22 billion by 2032, providing several possibilities for improved patient care, diagnosis accuracy and treatment outcomes.

Many of the latest AI innovations, including those aimed at helping doctors pull insights from healthcare data and allow users to find accurate clinical information more efficiently, are designed to help put clinician pajama time the time spent on paperwork after shifts are ostensibly over to rest.

These problems typically cost providers significant amounts of time and resources, and a variety of point-solutions were brought to market this year to address them, PYMNTS wrote in December.

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Highmark Teams With Google on AI-Powered Health Partnership - PYMNTS.com

Get Rich Quick With These 3 Cloud Computing Stocks to Buy Now – InvestorPlace

As part of our day-to-day life, cloud computing companies are completely necessary as they keep us interconnected and take care of streamlining our operations, allowing us to be more efficient and effective. They also make many tasks much easier to perform through their great technological solutions. These solutions can be applied from the financial area to the human resources area.

If you want to take advantage of the great boom and the strong demand of these companies, here are three cloud computing stocks to buy quick and that you can consider adding to your portfolio.

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Behind pharmaceutical companies and biotech companies there is a big figure that is responsible for providing them with cloud-based software solutions to streamline their entire operations, that big figure is Veeva Systems Inc (NYSE:VEEV).

Financially VEEV is completely stable and are always on the move. Its revenues speak for themselves as they are on the rise and if we focus on net income, it is growing consistently reflected in their market performance.

One of the particularities that distinguishes this company is its capacity for innovation.

For example, their most recent release, the Veeva Compass Suite, is a comprehensive set of tools that gives healthcare companies a much deeper understanding of existing patient populations and a picture of healthcare provider behaviors.

Its practically like giving you a complete and specific picture of the entire healthcare network landscape.

On top of that, they make a real impact on the lives of patients, as their training solutions are helping many companies modernize their employee qualification processes.

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Next on the list of companies involved in the cloud computing sector is Workday Inc (NASDAQ:WDAY), which specializes in providing companies with cloud-based enterprise applications for financial management and human resources.

They provide practical software-based solutions that allow companies to streamline their processes in managing their financial operations and human talent.

One of the things that makes this company completely attractive is its great financial performance, since in their last financial quarter they indicated that their revenues increased by 16.7% compared to the same period of the previous year, which can be translated into $1.87 billion, what good figures.

As part of their most important metrics we have subscription revenues, which increased much stronger than their normal revenues, with 18.1%, reaching approximately $1.69 billion.

In addition to these incredible numbers, they are making important strategic alliances, where they have partnered with McLaren Racing to provide them with innovative solutions.

This partnership demonstrates the versatility of Workday, as they not only provide business solutions in traditional sectors, but they also have a large participation in completely competitive industries.

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And to close the list of these companies completely necessary in our day to day, we have the giant Oracle Corporation (NYSE:ORCL), a technology company completely recognized worldwide.

This company specializes entirely in data management solutions and of course in cloud computing. One of its main commitments is to help organizations improve their efficiency and optimize their operations through completely innovative technological solutions.

Financially, this company is in a phase of solid growth specifically in its total revenue and in its cloud division.

One of the stars of this company is its cloud application suite, which has gained a strong foothold in the healthcare sector.

Large and important institutions such as Baptist Health Care and the University of Chicago Medicine, are adopting the solutions provided by this company to improve their experience with employees and of course the care of their patients.

In addition, they are expanding their global presence with the grand opening of a new cloud region in Nairobi, Kenya. This major expansion makes clear their important commitment to economic and technological development in the greater African continent.

Oracle Cloud Infrastructures (OCI) unique infrastructure allows them the great opportunity and advantage to offer governments and businesses the opportunity to drive innovation and growth in the region.

As of this writing, Gabriel Osorio-Mazzilli did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines(no position)

Gabriel Osorio is a former Goldman Sachs and Citigroup employee. He possesses discipline in bottom-up value investing and volatility-based long/short equities trading.

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Get Rich Quick With These 3 Cloud Computing Stocks to Buy Now - InvestorPlace

Let’s set the record straight on Montana’s Medicaid Daily Montanan – Daily Montanan

Plain and simple people get sick.

Right now, more than 250,000 predominantly low-income Montanans get help with healthcare through Medicaida state-federal partnership. Montana has overall and primary responsibility, while the Feds pick up most of the costs, averaging 80% (of total Medicaid spending). In 2022, the Federal government provided $1.8 billion to cover health care for Medicaid-eligible Montanans who live in every county across the Big Sky. Remarkably, two-thirds of Medicaid recipients live in our rural communities.

So, what is Medicaid, and who does it serve?

Not only does Medicaid fund health care services for our lower-income neighbors including children, families, and pregnant moms, but it also covers those with serious disabilities. By reducing the number of uninsured, Medicaid has also helped keep healthcare insurance costs down for everyone while pumping money into Montanas economy. The Medicaid reimbursements for rural and urban healthcare providers keep the doors of healthcare facilities open and help retain healthcare providers. Small businesses also benefit from Medicaid, as they often cannot afford to provide health insurance for their employeeswhether they work full or part-time.

Medicaid Expansion is a critical program for our Native American Montanans. The Indian Health Service continues to be woefully underfunded; a recent series of newspaper articles illustrates the healthcare challenges facing those who reside on reservations. Medicaid has greatly boosted services to Native Americans, allowing them to access a broader range of healthcare providers. The federal government reimburses the care provided to Native Americans on Medicaid at 100%.

Despite the benefits of Medicaid, we now have more than 120,000 Montanans18% of kiddoswho have lost Medicaid coverage due to DPHHSs procedural snafus. The end of the COVID public health emergency necessitated each state to review eligibility for Medicaid. Thats reasonable; however, Montana launched a process that is difficult, confusing, and sometimes impossible for people to reapply or maintain eligibility. The result: Almost one-in-every-three Medicaid recipients has been denied not because of eligibility, but 64% for technical or procedural issues. Montana now has among the highest and worst records in the nation for terminating health insurance for children. Disgraceful.

Reports indicate 4- to 6-hour telephone waits and multiple tries for Medicaid recipients to provide documentation to keep their insurance. Unbelievably, some folks did not know their coverage had been terminated until they arrived at the doctors office. What happened to Gov. Greg Gianfortes political promises of less bureaucracy?

Alarmed by Montanas record, federal healthcare authorities have twice requested changes to this processechoing a chorus of local healthcare providers (such as the Montana Chapter of the American Academy of Pediatricians) asking for a 30-day pause to stop children from losing their coverage. Meanwhile, state officials seem hell-bent on purging the Medicaid rolls, to the detriment of peoples health as well as our economy.

Is this purging a signal of things to come? Medicaid Expansion must be renewedduring the 2025 legislative session. Montanas Medicaid program is not plagued by fraud and abuseexactly the opposite. Its bewildering to think about the consequences of this purge. Ironically there is an ongoing major mental health reform initiative, aimed at expanding access. Yet, many of those losing Medicaid need mental or behavioral health servicesbut will no longer be eligible.

The governor is taking Montana backward, not forward Is this the Montana we want for our children, those less fortunate, or folks in rural areas?

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Let's set the record straight on Montana's Medicaid Daily Montanan - Daily Montanan