According to the federal government, it made over $100 billion in improper payments last year, including $50 billion in Medicare and $14 billion in Medicaid.
Canadian private equity firm Onex is close to buying workers' comp and general insurance services firm York Services for over $1.3 billion dollars, according to reports.
Stung by research showing that patient-centered medical homes set up according to its standards provide little cost or quality improvement, the National Committee for Quality Assurance is seeking public comment on a revised set of standards to evaluate ambulatory care, called Patient-Centered Connected Care.
According to CareFirst, members in its medical home arrangements had significantly lower utilization of hospital and saved $130 million over expected costs.
Pain Doctor, which provides pain management clinics in Arizona, said it has received a "significant" equity investment from Catterton Partners to facilitate expansion.
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.