Devoted Health gets a loyal $300 million in new funding, which it will devote to expanding its Medicare Advantage plan business where it claims to act as a plan and provider, with a lot of whiz-band technology. Lot of money, we will see about the return.
https://www.forbes.com/sites/michelatindera/2018/10/16/devoted-health-new-medicare-advantage-business-raises-300-million/#7efdb153070eThe third quarter Venture Monitor is out, showing continuing robust venture capital and private equity activity.
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Research in JAMA Internal Medicine confirms common sense; lower income persons enrolled in high-deductible plans spend a higher percent of their income on out-of-pocket health spending. The obvious solution is for employers to provide more health savings dollars for lower-income workers.
https://jamanetwork.com/journals/jamainternalmedicine/article-abstract/2705692A study in Health Affairs using Health Care Cost Institute data explores ten years of employer-sponsored health plan spending and utilization data.
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The Advisory Board issues a brief paper on how hospital quality and lower costs can go hand-in-hand.
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Large home health care vendor Amedisys is buying Compassionate Care, a large hospice company, for around $340 million.
https://home.modernhealthcare.com/clickshare/authenticateUserSubscription.do?CSProduct=modernhealthcare-metered&CSAuthReq=1:TG5KRjZvQjhtRmNTUFllUy8wO:AID:A118300D306463A3D89B4CD583AB3EB2&AID=/20181010/NEWS/181019988&title=Amedisys%20aims%20to%20acquire%20Compassionate%20Care%20Hospice%20for%20%24340%20million&CSTargetURL=http://www.modernhealthcare.com/article/20181010/NEWS/181019988?utm_source=modernhealthcare&utm_medium=email&utm_content=20181010-NEWS-181019988&utm_campaign=amThe current quarterly Altarum Institute Health Sector Trend Report reveals moderate, for health care, spending growth.
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A study in the American Journal of Managed Care finds that a high-touch primary care group delivers better outcomes for Medicare beneficiaries.
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