The Government Accounting Office has issued a very scary report regarding state and local government finances. Largely due to health care costs, they are expected to be in a significant and growing deficit position through the 2050s. Time to immediately reform Medicaid and government employee pensions and health benefits.
http://www.gao.gov/assets/670/667623.pdfCareTech has been acquired by HTC Global Services. Both companies provide IT services primarily for providers.
http://medcitynews.com/2014/12/health-company-caretech-acquired-hic-global/?utm_source=MedCity+News+Subscribers&utm_campaign=1708772ce4-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-1708772ce4-67677117Assurex Health reassured investors and got $30 million in exchange to continue to build its pharmacogenomics business focused on pain and behavioral health.
http://medcitynews.com/2014/12/assurex-expands-personalized-medicine-cash/?utm_source=MedCity+News+Subscribers&utm_campaign=e5a50ab4b1-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-e5a50ab4b1-67677117Rubicon MD investors came across with $1.3 million in fresh capital to support an app to make specialty consultations efficient.
http://medcitynews.com/2014/12/rubiconmd-raises-1-3m-to-make-specialist-consults-more-efficient/?utm_source=MedCity+News+Subscribers&utm_campaign=1708772ce4-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-1708772ce4-67677117Wishing all of you a warm, relaxed winter holiday. Hopefully you all are enjoying the presence of friends and family, the most important gift any of us can have.
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Just in time for Christmas Eve, a delightful paper on a new method to determine the effect of having health insurance on the demand for health care.
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Research published in the New England Journal of Medicine finds that hospital care is improving for most subgroups, according to common performance measures.
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