The Workers' Compensation Research Institute has published its annual report and research review on the state of the industry.
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97% of ER doctors say they order imaging and tests of dubious value in order to avoid potential lawsuits. The study in Academic Emergency Medicine says such unnecessary tests adds $210 billion in annual health spending.
http://consumer.healthday.com/general-health-information-16/doctor-news-206/most-er-doctors-surveyed-ordered-unnecessary-tests-697688.htmlDespite good information availability, an NBER paper finds that consumers don't pay adequate attention to Part D plan features and pricing and this costs them each $536 and Medicare $550 million over three years. You can lead a horse to water but you can't make them drink, or maybe the horse doesn't know how to find the water or maybe they aren't sure how to drink or maybe its too many drugs, or something like that.
http://www.nber.org/papers/w21028?utm_campaign=ntw&utm_medium=email&utm_source=ntwAn National Bureau of Economic Research paper finds that high-deductible health plans create a sustained decrease in health spending trends.
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Zeomega, a population health management company, has acquired HealthUnity, which helps with interoperability and data-sharing across provider, payer and other information systems.
http://www.businesswire.com/news/home/20150323005911/en/ZeOmega-Acquires-HealthUnity-Creating-Healthcare’s-End-to-End-Interoperability#.VRF00ly4mi5Magellan Health issues its annual report about specialty drugs covered under the medical benefit.
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In a move they hope doesn't go pear-shaped or look too fruity, investors have given an undisclosed amount of capital to Pear Therapeutics, which makes "digital health interventions" designed to enhance the efficacy of pharmaceuticals, with an initial focus on brain disorders, such as making illogical investment choices.
https://www.pehub.com/2015/03/5am-ventures-backs-ehealth-startup-pear-therapeutics/Hospital chain Tenet Healthcare is buying a majority stake in United Surgical partners, which operates ambulatory surgery centers, for $425 million, and separately is buying Aspen Healthcare, which operates hospitals and clinics in the UK, for $215 million.
https://www.pehub.com/2015/03/tenet-healthcare-to-buy-uspi-and-aspen-healthcare-from-welsh-carson/Select Medical, backed by a PE firm, is buying the Concentra unit of Humana for over $1 billion. Concentra operates urgent care and workers' comp clinics.
http://www.modernhealthcare.com/article/20150323/NEWS/150329983?utm_source=modernhealthcare&utm_medium=email&utm_content=20150323-NEWS-150329983&utm_campaign=mh-alertA study in Health Affairs on reference-based pricing finds it can reduce costs, at least for cataract surgery.
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