A HealthPocket study finds that exchange premiums were substantially higher for many enrollees in 2014 than they would have been in the individual market before reform.
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Lockheed Martin is buying Systems Made Simple to boost its government health information technology business. Just what we need, the cost overrun specialists who do government defense contracting to do more expensive and unworkable government HIT>
http://www.washingtonpost.com/business/capitalbusiness/lockheed-martin-to-buy-health-care-technology-company-systems-made-simple/2014/10/30/78dee23e-6050-11e4-8b9e-2ccdac31a031_story.htmlHappy Halloween!! A scary item for physicians is apparently Medicare's quality reporting programs, according to an MGMA survey.
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According to a study in the Journal of the American Medical Association finds that converting a hospital to for-profit status did not affect quality measures and financial margins improved.
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Enlitic, which is developing software to do "deep learning" of information on imaging scans, has received a shallow $2 million in capital.
http://medcitynews.com/2014/10/sf-startup-enlitic-funding-deep-learning-f/?utm_source=MedCity+News+Subscribers&utm_campaign=fe10a7e295-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-fe10a7e295-67648197The current issue of Health Affairs carries several articles on specialty drugs, which have become the priority area for cost-control efforts for most health plans.
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Optum, the non-health plan business of UnitedHealth Group, is purchasing Alere Health, the division on Alere that provides wellness programs for employers and health plan enrollees, for a massive $600 million. The acquisitions which led to Alere Health had been ill-timed for Alere and outside its core business and the company is fighting off a hostile takeover.
Research published in the Journal of the American Medical Association reveals that less physician competition results in higher prices, exactly as traditional economics would predict.
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