Quality Systems, a vendor of EHR and other health care software, through its NextGen subsidiary, is acquiring Entrada Systems for $34 million, kind of astounding since Entrada has revenue of $12 million and a loss of $2 million. Entrada has a mobile app that allows patients to access EHR and other provider systems.
https://bridge.nextgen.com/media/4493/PRESS_RELEASE-NextGen_Healthcare_Announces_Plans_to_Acquire_Entrada.pdfBlink Health quickly garners $90 million in fresh funding to support its software that allows patients to order generic medications online and pick them up locally. Investors hope their capital doesn't disappear in a Blink.
http://medcitynews.com/2017/04/blink-health-raises-90m-boost-prescription-drug-price-transparency/?utm_source=hs_email&utm_medium=email&utm_content=50589075&_hsenc=p2ANqtz--M4-TnzEznXp-PUeidV_i2rYy5-typ50oZ9BGgr_FYvxUGverrM1JykO8fcAwXF00TZLRJSk8Je1QZAZVZdsjLw6LCx7ARjgsHOeHjGka3aKzwC5o&_hsmi=50589075&rf=1Medicare Advantage plans typically attempt to control costs by lowering inpatient use and spending. A new study examines use and cost of hospitalizations in MA.
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A new Statistical Brief from the Agency for Healthcare Quality & Research examines categories of health spending.
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A Medscape survey indicates that physician salaries are beginning to creep upward, with primary care doctors still not gaining on specialists.
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A report from MagellanRx focuses on specialty drugs which are covered under the medical, not pharmacy, benefits of health plans.
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A study published in Health Affairs finds that doctors are spending a lot of time interfacing with computers instead of patients.
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UnitedHealth has sold its Connextion unit to customer service communications vendor TeleTech for $80 million, which seems like it must be a less than UnitedHealth paid for the unit, so either they are keeping some of the business or other payers weren't that interested in buying or continuing to use Connextion's services when it was owned by UnitedHealth.
http://www.prnewswire.com/news-releases/teletech-acquires-leading-health-services-company-connextions-inc-300434523.htmlA Brief published by the Employee Benefit Research Institute examines switching of health plans during open enrollments.
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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.