A MedPAC presentation confirms what we all know; provider consolidation raises prices and does nothing for quality.
Read More
An analysis in Health Affairs confirms that most people actually don't need health insurance, because they have little health spending.
Read More
Clinical trial software vendor Medidata has acquired Mytrus, which offers an e-consent form capability.
http://www.fiercebiotech.com/cro/medidata-adds-econsent-to-cloud-platform-via-acquisition-mytrus?mkt_tok=eyJpIjoiT0ROak1qWmxNVEJpTW1VeSIsInQiOiIwbFlhYnk2T1hoT1RVNHdhbDdGTm5EVHZkOE5BbHEzOTVGcWZzV0haekVqc2NPUkhDdFR6T2lWdTF0NDUwZm1JeUh5XC9NKzdKb2RtU09KbUpqR2ZxZ1ExNkZRUGg2bDRuSjYrQ1NDcXNDVnZObkNhZm4zd2I2UW42UlwvRll4VStFIn0%3D&mrkid=635530&utm_medium=nl&utm_source=internalWorkers' compensation claims system vendor Mitchell International has acquired pharmacy PMOA, Inc. to expand its offerings.
http://www.businessinsurance.com/article/20170412/NEWS08/912312887/Claims-manager-Mitchell-International-expands-PBM-platform-PMOA-acquisition?utm_campaign=BI20170419WorkersComp&utm_medium=email&utm_source=ActiveCampaignA provider of software and apps that help consumers resolve medical claim issues, Better, gets financially better by adding $1.1 in financing.
http://medcitynews.com/2017/04/better-raises-1-1m-service-help-individuals-correct-secure-health-insurance-claims/?utm_source=hs_email&utm_medium=email&utm_content=50915117&_hsenc=p2ANqtz-9rRSbbv3DwOwHxrqEQ2qDchsIE5IIGSrmq87ljXVxmxhdZP9K2Yrr4i33LeMJOui2-3M-3Hj2siSYK_IO3n6Zk1NcbR_jIA3xV3Ek6VJTT8p3FcIg&_hsmi=50915117&rf=1An article in the New England Journal of Medicine discusses laws regarding surrounding surrogate decision-making in health care.
Read More
Cardinal Health is acquiring much of Medtronic's medical supply business for around $6.1 billion, relieving Medtronic of a poorly-fitting business that came with its Covidien acquisition.
http://www.modernhealthcare.com/article/20170418/NEWS/170419874?utm_source=modernhealthcare&utm_medium=email&utm_content=20170418-NEWS-170419874&utm_campaign=financedailyIntermedix buys WPC Healthcare, marrying a vendor of emergency services software with a data analytics company that works to predict patient outcomes.
https://www.intermedix.com/news/intermedix-continues-its-investment-in-health-care-data-analytics-and-machine-learning-with-acquisition-of-wpc-healthcareAbility Network, which offers technology for health care administrative tasks, demonstrates an ability to sniff out a good deal, hounding ShiftHound til the health care technology workforce manager agrees to be bought.
https://globenewswire.com/news-release/2017/04/03/953691/0/en/ABILITY-Network-Acquires-ShiftHound.htmlMy 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.
Read More