Prognos uses artificial intelligence to gain analytic insights from laboratory and diagnostic data to guide treatment. The company gathers another $20.5 million in capital.
Empiric Health, which was founded by the Intermountain health system, has raised $3 million to start its business of helping reduce variation in care patterns.
Remedy Health Media, a vendor of websites with health information and marketing material, is being acquired by a private equity firm for an undisclosed amount.
Let's all feel sorry for hospitals; according to a survey from The Advisory Board denials of claims by payers are increasing and hospitals are losing appeals more often, resulting in $3.5 million less annual revenue for the median-sized hospital.
A Sherlock & Co. analysis finds that premiums for group health benefits are expected to be up 7.2% and for individual plans, up 21%. After design changes, this may decline to 5.6% and 18.2%, respectively. Medical trend is anticipated to be in the 5% range for group business and 12% for the individual one, suggesting healthy profits for insurers.
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.