Business Intelligence
After Houston, El Paso, Austin and Dallas, this an expansion to a fifth major Texas market.
The projections are due in part to a strategy of investing in high-growth areas and introducing new health products and technologies.
Those employed by health systems had about 49% lower Medicare billing, worked more hours per week and were in practice for fewer years.
The organization hopes the collaboration will speed along development of a more data-driven, personalized customer experience.
CEO Sam Hazen said recent population growth in Florida played a part in the decision to expand.
The pandemic drove the unprecedented funding surge as the healthcare industry swiftly innovated and adopted virtual and hybrid care models.
The $17 billion deal marks the second time the cloud health IT vendor has been acquired in the past three years.
The agreement will reportedly emphasize more personal time with healthcare professionals, as well as more personalized care.
Rising supply chain challenges are a headwind to revenue, but the issues may begin to subside in mid-2022, a Fitch Ratings report says.
ASA interprets BCBS' intent as improving its negotiating position against physician practices in the dispute resolution process.