Convey Health says it is partnering with New Mountain Capital, which doesn't quite convey the right meaning, they are being acquired, but nice try with the euphemism by the Medicare Advantage and Part D plan IT vendor.
A survey from the MGMA finds that revenues were down in 2015 for both independent and health system-owned physician practices, with group practices losing over $13,000 per physician and health systems supposedly losing over $200,000 per doctor.
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.