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Kevin Roche

The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry through Roche Consulting, LLC. Mr. Roche is available to assist health care companies through consulting arrangements and may be reached at khroche@healthy-skeptic.com.

Dec 12 2013

According to the Medical Group Management Association practices costs to support a physician continue to rise significantly, led by IT costs which increased by by 28% per physician from 2008 to 2012.

http://www.mgma.com/press/default.aspx?id=1375452
Dec 12 2013

A Booz & Co. report postulates the possibility of creating health plans with radically lower administrative costs.

http://www.booz.com/media/file/BoozCo_The-5-Dollar-PMPM-Health-Plan.pdf
Dec 12 2013

LabCorp issued guidance suggesting that 2014 revenue and net income will be below prior expectations, blaming uncertainty caused by the reform law implementation in part.

http://www.fiercemedicaldevices.com/press-releases/labcorp-updates-2013-guidance-and-provides-preliminary-2014-guidance?utm_medium=nl&utm_source=internal
Dec 11 2013

A Kaiser Family Foundation article suggests that even if there is substantial under-enrollment of the young, healthy people needed to subsidize health care costs for older enrollees, insurers should not have to raise premiums dramatically, but the authors own analysis likely understates the cost of the sicker enrollees and shows that second-year premium increases of over 20% would likely be necessary to avoid continuing losses.

http://kff.org/health-reform/perspective/the-numbers-behind-young-invincibles-and-the-affordable-care-act/
Dec 11 2013

Genophen, which uses patient genetic and other information to help guide health behaviors, has raised about $2 million in additional financing.

http://venturebeat.com/2013/11/22/genophen-funding/
Dec 11 2013

CIC Partners, a private equity firm, has sold portfolio company Omnisys, which provides claims and compliance services to retail and mail order pharmacies, to Moelis Capital Partners.

http://cicpartners.com/2013/11/cic-partners-announces-sale-of-omnisys/
Dec 11 2013

emids Technologies has received a $13.3 million investment to grow its business of health information technology and business process outsourcing.

http://www.emids.com/?q=news-articles/emids-technologies-raises-133-million-initial-funding-round
Dec 11 2013

HealthPort, which helps companies manage and secure private health information, has merged with CM Information Specialists, a company which provides similar services.

http://www.reuters.com/article/2013/12/02/ga-healthport-idUSnBw025078a+100+BSW20131202
Dec 10 2013

According to CMS, avoidable Medicare hospital readmissions were around 18% for the first eight months of 2013, down from 19% in prior years, reflecting the possible effect of the readmissions penalty program.

http://www.modernhealthcare.com/article/20131206/NEWS/312069961/downward-trend-in-readmissions-continues-cms-says?AllowView=VW8xUmo5Q21TcWJOb1gzb0tNN3RLZ0h0MWg5SVgra3NZRzROR3l0WWRMWGFWdjBIRWxiNUtpQzMyWmFwNTNvWUpicWdiUk13MEUwTzQzMlRRZVlqaGlXUTY5aTJIODJ3VnE4WEE3c1ExYW50Yk96bzVOSkdZc2lEL0ZnZ0Fhc254bkVEcnVNPQ==#
Dec 10 2013

The Congressional Budget Office has estimated that the current cost over the next ten years of repealing the SGR physician payment formula and using a zero update during that time is $116 billion and replacing it with a .5% annual update is $136 billion.  This cost is down substantially from the $271 billion repeal cost estimated a couple of years ago.

http://www.cbo.gov/sites/default/files/cbofiles/attachments/2013%20SGR%20Options%20-%20Final%20Rule.pdf
Dec 10 2013

Brightree, a provider of cloud-based post-acute care software, has acquired MedAct, a provider of home health and durable medical equipment software.

http://www.brightree.com/news/brightree-acquires-medact
Dec 10 2013

Healthloop has raised an initial $10 million in capital for its platform that facilitates interaction between patients and their providers.

http://www.bizjournals.com/sanfrancisco/morning_call/2013/12/healthloop-raises-10-million-in-first.html?s=print
Dec 10 2013

An AHRQ Statistical Brief shows that for the Medicare population in 2010 the top 5 classes of drug use were metabolic, cardiovascular, CNS, respiratory and gastrointestinal, accounting for $63 billion and 68% of all Medicare drug spending.

http://meps.ahrq.gov/mepsweb/data_files/publications/st411/stat411.shtml
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