News
Consumer Health Technologies, Inc., a developer of consumer-directed healthcare software for administrators, payers and financial institutions, is boosting its resources through a partnership with Health Advocate, Inc.
Nashville-based New Day Pharmacy has gained an infusion of $10.2 million in growth capital from a syndicate of institutional investors led by Council Ventures.
The American Hospital Association said Tuesday that it has reached an agreement with the Obama Administration on a "framework" for reimbursement concessions and other key changes that could help achieve national healthcare reform.
The state of Mississippi's Division of Medicaid has signed a contract with HMS for third party recovery activities, including data matches with commercial and government insurers, commercial and Medicare recoveries, Medicare Buy-In services and Medical Support Enforcement services.
The Senate Committee on Health, Education, Labor and Pensions is working on a reform bill proposed by Sen. Edward Kennedy (D-Mass.) that they hope to pass this summer.
Pennsylvania hospitals are facing $280 million in proposed payment cuts by the General Assembly and Gov. Ed Rendell (D), resulting in more than 13,000 jobs lost. New York hospitals are setting up contingency plans to counter significant proposed cuts to Medicaid reimbursements numbering in the tens of millions.
Qliance Medical Management, Inc., in Washington, has closed a $4 million funding round from three institutional venture capital firms, bringing total capital raised to approximately $7.5 million.
Avera McKennan Hospital and University Health Center of Sioux Falls, S.D., has signed a multi-year agreement to implement Web-based payment management technology.
Health and Human Services Secretary Kathleen Sebelius has announced the availability of up to $40 million in grants to help reach families whose children qualify, but are not yet enrolled in, state Medicaid and Children’s Health Insurance Programs.
The economy is forcing hospitals to consider delaying or scaling back their information technology projects, according to a survey of America’s "most wired" hospitals and health systems.