According to KPMG, many providers expect to have worse financial results from value-based contracts, but hope a focus on chronic care management and HIT may lessen the sting.
Expedite Healthcare has raised $350,000 to expedite the growth of its business of offering supplemental health plans that fill in for consumers with large deductibles.
Physicians Interaction, a provider of mobile information tools for doctors which is controlled by Merck, is acquiring MedHelp, which has mobile capabilities aimed at health consumers.
ZocDoc, which helps patients find doctors and schedule appointments, has raised an additional $152 million at an apparent valuation of $1.6 billion, with the new funds to be used to expand into wellness for the employer market. Another absurd investment and valuation.
An article in the Wall Street Journal, based on data from Innovalon, finds that the new enrollees through the insurance exchanges have much higher rates of chronic and other illnesses than projected, likely explaining the proposed increases in 2015 premium rates in many states for exchange plans.
The Medicare Payment Advisory Commission has sent a letter to CMS regarding problems ACOs are having in their early Medicare experience, including patient attribution and quality reporting issues.
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.