The Government Accounting Office has issued a very scary report regarding state and local government finances. Largely due to health care costs, they are expected to be in a significant and growing deficit position through the 2050s. Time to immediately reform Medicaid and government employee pensions and health benefits.
http://www.gao.gov/assets/670/667623.pdf
Dec252014
CareTech has been acquired by HTC Global Services. Both companies provide IT services primarily for providers.
Assurex Health reassured investors and got $30 million in exchange to continue to build its pharmacogenomics business focused on pain and behavioral health.
Medicare is cutting payments to 721 hospitals by as much as 1% for their failure to improve infection rates and reduce other hospital-acquired conditions as much as CMS things they should.
AMN Healthcare Services, a large staffing firm, is acquiring three related businesses for $82.5 million, including Onward Healthcare, Locum Leaders and Medefis.
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.