The Center for Health Insurance Reform issues a report on how plans and regulators are responding to increased provider consolidation.
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Aflac invests in Sharecare, yet another digital health company that lets patients manage their "health journey" in one place. How tedious.
https://www.prnewswire.com/news-releases/aflac-corporate-ventures-makes-strategic-investment-in-sharecare-to-accelerate-digital-health-innovation-and-the-well-being-of-georgia-300947164.htmlBenefits consulting firm Mercer deigns to share a few tidbits from its annual survey of employer-sponsored health plans.
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Ooooh, disruption, how cool is that, Sana Benefits reels in $6.3 million in new capital for its software that will fix the "stone age" health insurance industry. It is targeting medium and small employer plans. All it will end up doing is adding cost and complexity.
https://venturebeat.com/2019/10/29/sana-benefits-gets-6-3m-to-disrupt-stone-age-healthcare-insurance-industry/Scary stuff, boys and girls, investing in the hype of the moment. A company called Socially Determined has garnered $7.3 million in financing for its product that focuses on analyzing and measuring the social determinants of health. Not a ghost of a chance that this succeeds. It will be a zombie company, like a vampire sucking more funds from investors.
https://www.prnewswire.com/news-releases/socially-determined-raises-over-7-3-million-in-series-a-funding-300946065.htmlWorkday Ventures tries to get in a league of its own, as it makes a significant investment in League, which offers software to help employers manage health benefits.
https://www.prnewswire.com/news-releases/league-joins-workday-software-partner-program-to-help-transform-the-health-and-benefits-industry-300947243.htmlA study in JAMA Open examines results from a Functional Medicine model of care.
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Contract research vendor Icon has acquired Symphony Clinical Services, which provides clinical trial-related services in a patient's home.
https://www.fiercebiotech.com/cro/icon-snaps-up-at-home-patient-services-company?mkt_tok=eyJpIjoiTnpFME9UTTVPREF4T0RsaiIsInQiOiJnTnE3Z0pqd1dQVjJaeGxSbEVmazY2RWVhM2dwM3RUR1liVVdKNWhmZXVMbFIzQlM3elNFS29icUt2WXZBajFucGQ0dFdQUFcyd0krMTI2N21WdWhZdHhwYzZ6U205OWtqd3lYMWJ1Y2src3dKT2s2WEFnM0psamZibFwvNjg0aEkifQ%3D%3D&mrkid=635530Broad-based health management company Medecision decides to buy GSI Health, which offers software to help providers with value-based payment arrangements, particularly for Medicaid business.
https://liberatehealth.medecision.com/medecision-acquires-health-delivery-system-transformation-pioneer-gsi-health/A report from the National Academy of Medicine focuses on clinician burnout.
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A report from Massachusetts looks at why health spending isn't being better controlled despite the state's intensive efforts at reduction.
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