Research 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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New Mountain Capital, a private equity firm, has acquired HealthPort, which provides services related to the security of health information and responding to medical record requests.
http://www.businesswire.com/news/home/20141031005472/en/Mountain-Capital-Acquires-HealthPort-Leading-Provider-Secure#.VFjX_r64lz9Aetna, which a couple of years ago acquired Medicity, has acquired another exchange IT vendor; this time bSwift, for $400 million. Competing with the benefit consulting firms in this area, however, is going to be difficult for Aetna and the other payers.
http://www.bswift.com/?/public/pressrelease/aetna-to-acquire-insurance-exchange-technology-provider-bswiftProofPilot has raised $1.85 million for its service to help medical device and biotech companies conduct clinical trials faster and less expensively.
http://medcitynews.com/2014/11/blueprint-health-grad-proofpilot-revamp-clinical-trial-design-raising-1-8m/?utm_source=MedCity+News+Subscribers&utm_campaign=2c58162fab-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-2c58162fab-67648197The Health Care Cost Institute releases a report of cost trends for 2013 in employer-sponsored health insurance.
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In a startling demonstration of just how slow the basic lab test business has become, LabCorp is planning to buy Covance, a large clinical research organization, for $6.1 billion. While there is some synergy, since lab tests are a part of most drug and device testing, this is a big bet on striking out in a new direction.
http://www.cnbc.com/id/102145132?trknav=homestack:topnews:19A 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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