Blue Cross' global payment system in Massachusetts appears to be saving a small amount of money and improving quality a few years after implementation.
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It just gets better all the time. A company called CareCam has raised $2.4 million for its business of having patients take "video selfies" to demonstrate compliance with treatment plans. Oh, but wait, the company had earlier raised $21 million!! The apocalypse is near.
http://medcitynews.com/2014/11/carecam-health-raises-2-4m-for-mhealth-channel-using-video-selfies-to-improve-compliance/?utm_source=MedCity+News+Subscribers&utm_campaign=ca74c03281-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-ca74c03281-67648197A companion report to the annual Health Care Cost Insitute analysis of commercial health spending examines out-of-pocket spending for 2013, finding more woe for most consumers.
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I swear to God I do not make this stuff up. A company called Evermind has raised $2.5 million to turn appliances like coffee makers or TVs into health monitors. I think maybe we should rename the company Nevermind, and that is certainly what the investors should do.
http://medcitynews.com/2014/11/evermind-raises-2-5m-series-a-to-convert-coffee-machine-and-tv-into-remote-monitoring-tools/?utm_source=MedCity+News+Subscribers&utm_campaign=2efc49f8a4-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-2efc49f8a4-67648197Research published in the Journal of the American Medical Association suggests that consumers who look at comparative price information have lower health spending.
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