Have a wonderful Thanksgiving. It is a troubled world, as it always is, but hopefully each of you has a relaxing and comforting time with family and friends.
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Even after the coverage expansions stemming from the reform law, we can't emphasize enough the problems that health care costs create for low and middle-income families, a fact underlined by…
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A brief from the Commonwealth Fund weighs in on the likely consequences of further health plan consolidation.
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PatientPop has added $10 million in financing for its software platform to help physician practices attract and retain patients.
http://medcitynews.com/2015/11/physician-practice-growth/?utm_source=MedCity+News+Subscribers&utm_campaign=841aaefade-MCN+Daily+Email&utm_medium=email&utm_term=0_5092836c41-841aaefade-408793005Medical staffing powerhouse AMN Healthcare Services is acquiring B.E. Smith, which provides executive search and advisory services for health care firms, for $160 million.
http://www.modernhealthcare.com/article/20151120/NEWS/151129979?utm_source=modernhealthcare&utm_medium=email&utm_content=20151120-NEWS-151129979&utm_campaign=financedailyLarge national health plans continued to show enrollment gains through the second quarter of 2015, but recent announcements suggest some of that enrollment is not profitable.
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MyHealthTeamshasreceived$5millioninnewfinancingforitschronicdiseasecommunitysupportbusiness. (don't blame me, apparently you aren't supposed to put spaces between words any more)
http://medcitynews.com/2015/11/myhealthteams-adds-cvs-health-as-strategic-investor/?utm_source=MedCity+News+Subscribers&utm_campaign=758ab51ae5-MCN+Daily+Email&utm_medium=email&utm_term=0_5092836c41-758ab51ae5-408793005&rf=1An AonHewitt analysis found that employers' health care costs rose 3.2% in 2015 and will climb by 4.1% in 2016.
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The drug manufacturers trade association does a wonderful job of providing a rationalization for exorbitant pricing of medications, too bad it has no basis in moral or economic reality.
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UnitedHealth has lowered earnings guidance for 2016, citing individual exchange product issues. Here is an early 2016 prognostication; we have seen several hospital companies report deteriorating profitability and we are seeing health plans do that. Prepare for a new burst of health care inflation growth.
http://seekingalpha.com/news/2940646-unitedhealth-group-down-6-percent-on-lowered-guidance?uprof=45&dr=1#email_linkAbout 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.
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