Pandemic, changes in health care spur practice consolidation
J Bone Joint Surg Am. 2020;doi:10.2106/JBJS.20.00557. Disclosures: Barsoum, Jacofsky and Scalise report they are employees of and shareholders in HOPCo. Blom, Duralde and Herschman report no relevant financial disclosures. ADD TOPIC TO EMAIL ALERTS Receive an email when new articles are posted on Please provide your email address to receive an email when new articles are posted on . Subscribe ADDED TO EMAIL ALERTS
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Friday, February 5, 2021
On January 13, 2021, Brad Smith, the fourth director of the Center for Medicare and Medicaid Innovation (the “
Center”), published an article[1] in the New England Journal of Medicine in which he evaluates the Center’s performance over its decade-long history against the Center’s stated goals – to decrease health care spending and improve health care quality. Smith describes an underwhelming showing from the Center and puts forward several key lessons from the Center’s past performance as a way to inform and improve future performance.
Ten Years With Very Little to Show
Over the past ten years, the Center has used $20 billion to launch 54 payment models – all payment models targeting various areas of the health care sector with almost 1 million participating health care providers and approximately 26 million covered patients. Despite this financial outlay and scope, most of the Center’s models have operated at a net loss wit
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Libby Rosenthal knows how to start a movement. In 2013, the physician-turned-journalist started publishing a series of exposés about medical bills, beginning with colonoscopy, pregnancy and delivery, and total hip replacement. She described everyday Americans struggling with outrageous, inexplicable bills, and the stress of negotiating with hospitals and with insurance companies.
New York Times readers deluged her with their own accounts of billing misadventures, so many, in fact, that Rosenthal set up a Facebook group (“Paying Till It Hurts”) and invited readers to post their stories and their bills. It became a self-help network for thousands of fuming, frustrated people seeking solutions to their unintelligible bills.
Norwalk health payments innovator files for $100M IPO
Alexander Soule
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The headquarters office of Remedy Partners at 800 Connecticut Ave. in Norwalk, Conn.Alexander Soule / Hearst Connecticut Media
Nearly a decade after its launch and expansion under Obamacare, an innovative insurance company with its roots in Norwalk is going public.
Texas-based Signify Health has plans to raise $100 million selling shares to trade on the New York Stock Exchange.
In 2019, Signify Health spent $405 million to acquire Remedy Partners, which was created eight years earlier in Norwalk by Oxford Health Plans founder Steve Wiggins. His idea was to develop a new system for health insurance, with premiums and payments pegged to “episodes of care” covering the span of a patient’s treatment and recovery from an ailment.
Gene Huang and Vance Moore Appointed to Caregility Advisory Board
The appointees bring over 60 years of combined healthcare experience to their new roles with the virtual care solution provider
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EATONTOWN, N.J., Jan. 6, 2021 /PRNewswire/ Caregility, a clinical collaboration and communications company moving the access point of care closer to the patient, announces the appointment of Gene Huang and Vance Moore to the Caregility Advisory Board. Huang and Moore will bring operational guidance to Caregility s efforts to support healthcare s Quadruple Aim by enabling the fastest path to care with the right caregiver and treatment plan.