Oscar Health’s first full-service technology deal has ended before it really got off the ground. Health First Shared Services, a Florida-based not-for-profit integrated provider and insurer, “has indicated that it intends to terminate the agreement and transition the services from +Oscar to HF, effective as early as January 1, 2023,” Oscar Health disclosed in a Securities and Exchange Commission filing Tuesday. Health […]
Like with many of its retail peers, home-based care and aging services has become a key area of focus for Best Buy (NYSE: BBY). These peers include heavy hitters like Amazon (Nasdaq: AMZN) and Walmart (NYSE: WMT). Together, these companies exemplify the ways that retail has begun to gain a foothold in health care, home-based care and aging services. Best […]
The Biden administration on Tuesday announced plans to expand the response to the monkeypox outbreak by providing vaccinations and education at large LGBTQ-centered events around the country following a recent pilot program carried out in Charlotte, N.C. Demetre Daskalakis, deputy director for the White House’s national monkeypox response, stated during a briefing that the administration was aiming to make its […]
A new healthcare data company has emerged with promises to make patient data more useful for the discovery of new diagnostics and interventions. That company is St. Louis, Missouri-based CuriMeta, which launched on Tuesday and announced the close of a $6 million seed funding round led by BJC HealthCare and the Washington University School of Medicine (WashU Medicine), which are […]
More than half of accountable care organizations in the Medicare Shared Savings Program generated savings last year, the Centers for Medicare and Medicaid Services announced Tuesday. These ACOs saved Medicare $1.66 billion last year—0.2% of total Medicare spending—making 2021 the fifth consecutive year the program netted savings. Still, performance declined from the prior year, when the ACOs saved $1.9 billion. About 58% of participating […]
This article is sponsored by Select Data. In this Voices interview, Home Health Care News sits down with Ed Buckley, CEO of Select Data, to learn how Buckley and his team are redefining the capabilities of artificial intelligence solutions to empower care teams to overcome today’s greatest home health challenges. He explains how Select Data is making strides to improve […]
Highmark Health’s insurance arm boosted the integrated health system’s finances during the first six months of the year amid investment losses, inflation, and rising labor and supply costs. Pittsburgh-based Highmark suffered a $174 million net loss on operating revenue of $13 billion for the first two quarters, the not-for-profit company reported Tuesday. Highmark Health Plan generated the majority, or $11 […]
The Covid-19 pandemic shone a light on the need for virtual behavioral health services. Yet, many patients have trouble accessing it, especially in New York, a study from Mental Health America found. More than 58% of adults with a mental illness in the state do not receive treatment, the report said. It ranked New York 42nd out of all 50 states […]
Cigna has tapped health information-technology veteran Dr. David Brailer as its first chief health officer. Brailer, who also will serve as an executive vice president at Bloomfield, Connecticut-based Cigna, will join the company in early September. As Cigna’s first chief health officer, Brailer is tasked with bringing together the company’s products, technologies and services to improve members’ health, including supporting the company’s efforts […]