Reimbursement
Universal American Corp. announced Wednesday that it will acquire APS Healthcare, which provides population health solutions for Medicaid programs and other health plans, for $227.5 million.
"In 2012, meaningful use will soar," National Coordinator for Health Information Technology Farzad Mostashari asserted at the Jan. 10 meeting of the Health IT Policy Committee.
The Medicare and Medicaid electronic health record program has paid more than $2.5 billion to physicians and hospitals in incentive payments for all of 2011, with December contributing to the steep growth curve.
Health Net, Inc. subsidiary Health Net Life Insurance Co. announced it has agreed to sell its Medicare stand-alone prescription drug plan (PDP) business to a subsidiary of CVS Caremark for $160 million.
The New Hampshire State Supreme Court will hear arguments Tuesday in a case that alleges the state is making inadequate Medicaid reimbursements.
Healthcare is costly, especially on an inpatient basis, which is why it is not surprising that an established and growing trend has been the development of outpatient centers.
A recently published survey from industry consultant HTMS, an Emdeon company, and the Managed Care Executives Group (MCEG) showed that only 4 percent of small and mid-sized health plans consider health reform to be a threat to their business.
The Illinois Health Information Exchange will spend $7.5 million for a technology platform for the exchange. Officials recently announced a contract with Cambridge, Mass.-based InterSystems for implementation of InterSystems HealthShare.
Jonathan Linkous, CEO of the American Telemedicine Association, has shared seven market trends that will shape telemedicine and telehealth in the immediate future. These trends represent major changes from the existing norm, creating new challenges and opportunities for the industry, he says.
The TriZetto Group announced it has acquired Chandler, Ariz.-based Medical Data Express (MDE), with an eye toward expanding its managed solutions that serve more than 14 million Medicare Advantage and Part D members and more than 12 million Medicaid members.