Aon Hewitt offers a private insurance exchange to clients and claims that the 18 companies covering 600,000 people who are users are experiencing lower health care spending. The firm says that health costs are projected to grow 3.5% in 2015 for these users, compared to industry-wide estimates of 6.5% to 8% increases. But it appears that the "savings" are due largely to enrollees choosing less-rich benefit designs, which means they were paying more for their health care out-of-pocket.
Leading Medicare Advantage patient health status assessment firm Matrix Health is being acquired by Providence Service Corporation for $400 million. Providence provides a variety of health and non-health services to governments.
Optimum Medical Management has been acquired by PracticeMax. Optimum is a vendor of billing and practice management services in Nebraska and PracticeMax provides similar services nationally.
Sandlot Solutions, which provides software to facilitate health information exchange, population health and EHR data interoperability, has raised $23.3 million.
RightCare, whose software helps identify patient needs at time of hospital admission and development of discharge plans, has gotten $4 million more in capital.
Privia Health has secured an unbelievable $400 million in new financing for its business of providing practice and population health management tools to providers.
According to a study from UnitedHealth Group, members who used its price transparency and provider rating tools were more likely to select high-quality, low-cost providers.
Cognizant, the large software services firm, is buying Trizetto, which specializes in developing and maintaining software for health care companies, for $2.7 billion.
http://www.cnbc.com/id/101923737
Sep122014
Nautic Partners has purchased All Metro Health Care Services for an undisclosed sum. All Metro provides home and community care in New York, New Jersey and Florida.
Keas is getting an additional $7.4 million in capital for its wellness business which uses a social networking platform and challenges to help people improve their health.
Propeller Health, maker of devices to track respiratory medication adherence, has raised $14.5 million, apparently from investors who aren't propeller heads.
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. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.
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. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.