My BS meter went way up on this one. India-based company Practo Technologies, which offers a health care technology platform and has raised a lot of money to support it, is laying off 150 employees in what it referred to as part of the annual appraisal process. Uhhh, we appraise that our company isn't doing very well, so we don't need you any more.
http://economictimes.indiatimes.com/small-biz/startups/practo-technologies-sacks-150-employees-as-part-of-annual-performance-cycle/articleshow/58056510.cmsWork from MedPAC staff updates geographic variation in Medicare spending analyses.
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A Mercer survey finds that over half of all large employers offer a high-deductible plan, but only 1/4 of workers enroll in them. Only 6% of large employers make it the only choice, even though the plans lower cost.
https://www.mercer.com/content/dam/mercer/attachments/private/gl-2017-health-national-survey-infographic-series-mercer.pdfAn analysis by the MedPAC staff finds Medicare pays for a fair amount of low-value care.
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Medicare's policy of not paying for certain hospital-acquired conditions produces the greatest reductions in these events in hospitals that have the greatest proportion of Medicare revenue to total revenue, according to research in Medical Care.
http://journals.lww.com/lww-medicalcare/Abstract/2017/05000/Impact_of_Medicare_s_Nonpayment_Program_on.1.aspxHealth care system interoperability software vendor Sansoro Health raises $5.2 million in new capital.
http://medcitynews.com/2017/04/sansoro-health-series-a-interoperabiliy/?utm_source=hs_email&utm_medium=email&utm_content=50674858&_hsenc=p2ANqtz-94XwVyshPd6Qv230avLDT0XNTi1V3KO69LoV4UNZH75cAvQoJtud4ZmT-ThdHCDv7US2ua-Av4FRVS_kbpQ0B4keDQlMn0DWrqJeegQlf81Kf4gG4&_hsmi=50674858&rf=1Express Scripts issues a drug trend report for workers' compensation insurance.
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