The Kaiser Family Foundation provides a lot of useful info on Medicare Advantage.
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More indications of M & A froth. Health Catalyst, a database and analytics firm, is buying Twistle, which offers patient engagement software, for $104 million. Health Catalyst, which has generally floundered since going public, and still loses lots of money, clearly is trying to find some way to add sizzle to its business.
https://medcitynews.com/2021/06/health-catalyst-will-buy-patient-engagement-startup-for-104m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_medium=email&_hsmi=136404558&_hsenc=p2ANqtz--HWKvAtconvprotVrOq5e1ppftfQx0ZiiKVK-Itdig-XCwQhBvbwynHOomcyceekUeP40I5PZQHeLkAFkGTEuPK0aRPErW8zcL9Ean7LL2jECMxIs&utm_content=136404558&utm_source=hs_email&rf=1Why should what setting a health service is delivered in make a difference in the price?
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A very revealing report about deaths in the US in 2020 from the Society of Actuaries.
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Research on the usual topics, including vaccination effects, keeps being published, so I keep summarizing it.
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Another chart that shows how much impact mask wearing made in two countries with very different approaches.
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There are very few hospitalizations among young people, despite low vaccination rates there.
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Charts often tell the story best, and here you see who has really been most affected by CV-19.
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Unvaccinated Minnesotans are where almost all cases, hospitalizations and deaths are occurring.
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The current cohort analysis reflects changes in testing and case reporting.
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Active cases have dropped under 1000 in Minnesota and new cases are coming in at less than a hundred a day.
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In a sign that perhaps the capital markets for health care payers and services may return to some semblance of sanity, Bright Health, an insurer and manager of provider networks, went public at around $18 a share, well below the pricing range it was seeking, and in a truly bad sign, declined in price by the end of the day. Similar experience to Oscar Health, which went public earlier this year. These new insurers have to compete with monsters like UnitedHealth, Aetna, Cigna and Anthem, and they will struggle to ever make money that justifies their share price.
https://www.bloomberg.com/news/articles/2021-06-24/bright-health-ipo-tests-market-s-desire-for-new-health-insurersAbout this Blog
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.