CMS for some period paid some Medicare Advantage plans double bonuses as a quality incentive. A study in Health Services Research finds that these bonuses cost Medicare $3.4 billion but did nothing to improve quality.
Medical staffing powerhouse AMN Healthcare Services is acquiring B.E. Smith, which provides executive search and advisory services for health care firms, for $160 million.
MyHealthTeamshasreceived$5millioninnewfinancingforitschronicdiseasecommunitysupportbusiness. (don't blame me, apparently you aren't supposed to put spaces between words any more)
UnitedHealth has lowered earnings guidance for 2016, citing individual exchange product issues. Here is an early 2016 prognostication; we have seen several hospital companies report deteriorating profitability and we are seeing health plans do that. Prepare for a new burst of health care inflation growth.
Looking to optimize returns for investors, Alpine has invested in Optima Healthcare, which offers therapy management software for post-acute care providers.
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.