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.
Validic, which is building a business around collecting data from wearables, medical devices and other sources, has acquired Infometers, which is in a similar business.
UnitedHealth Group released results of a study in which oncology practices were paid a flat sum for treatment of cancer. While performance on quality of care measures remained the same, total medical costs declined 34%, even though there was greater cost for chemotherapy drugs.
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.