98point6 raises a hot $19.5 million from feverish investors. I am not sure what it does but the geniuses who wrote the press release say the company has an "audacious vision". It uses "deep technology" (on the ocean floor?) to do something related to continuity of care at a "massively lower cost than anything in the market today" (I didn't know cost had mass.) It is not a good sign when you can't tell in the first sentence or two of a press release what a company actually does. These investors are truly delirious.
http://www.businesswire.com/news/home/20170919005623/en/98point6-Raises-19.5-Million-Series-Funding-“ContinuityA report from Mark Farrah Associates looks at mid-year financial performance for health insurers.
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A Genworth Financial report explores cost trends in the costs of long-term care.
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A survey of consumers and physicians gives their perspectives on the causes of rising health costs.
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Large benefit consulting firm Mercer says that health benefit cost trend for employers in 2018 will be 4.3%, after benefit changes, with drug costs continuing to disproportionately affect that trend.
https://www.mercer.com/newsroom/mercer-survey-shows-employers-face-increase-in-health-benefit-cost-in-2018.htmlA survey from Health Catalyst finds that most providers think their EHR is providing a poor or worse return on investment and only 10% say they are getting a positive return.
http://www.prnewswire.com/news-releases/survey-healthcare-technology-pros-see-poor-roi-from-electronic-records-but-view-analytics-as-a-solution-300519772.htmlA new piece of research suggests that hospital factors are the predominant cause of readmissions.
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A study in the Journal of General Internal Medicine suggests that there is more over-treatment than under-treatment of diabetes among Medicare beneficiaries.
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Episource, which gathers chart and other data for risk adjustment and other purposes, is acquiring Peak Payer Solutions, which performs risk adjustment reviews for health plans.
https://www.episource.com/innovation-hub/epitalk/episource-acquires-peak-payer-solutions-expanding-capabilities-health-risk-assessments-clinical-services/About 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.