The Employee Benefits Research Institute issued a short brief detailing reasons for wellness program participation. A survey found that the desire to improve health was the main reason for participating and that a belief that the person could make changes on their own or lack of time were the main reasons for not participating. Cash incentives and premium discounts would motivate more participation.
United Recovery Systems, which provides receivables management across several industries, has acquired Financial Health Strategies, which provides revenue cycle management services to hospitals and health systems. United Recovery is backed by Audax Private Equity.
CareCore National, which began as an imaging benefits manager and has expanded to managing utilization and cost of other specialty care, has received a "significant" investment from Great Atlantic, a private equity firm, which probably means a majority recap transaction.
RestorixHealth, a wound care clinic company, received an investment from Sverica International to fund its merger with Candescent Healing, which is in the same business.
HealthSparq, a health care price transparency company which is owned by health plan company Cambia, has acquired ClarusHealth, which offers provider search capabilities.
Maryland, which already has an all-payer hospital rate-setting regime, has gotten permission from HHS and agreement from state hospitals to limit increases in hospital spending to no more than the rate of economic growth in the state.
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.