Burlington, Mass. – September 18, 2012 – HealthEdge®, provider of the only modern, enterprise-class software platform for healthcare payors, today announced the latest installment in their online video series, “HealthEdge Talks Back,” that covers Accountable Care Organizations (ACOs), and their impact on the payor market. As ACOs become more widespread, payors must develop an understanding of what the key elements are of this important business model. Read More
Burlington, Mass. – September 10, 2012 –HealthEdge®, provider of the only modern, enterprise-class software platform for healthcare payors, today announced that Hudson Health Plan (Hudson) of Tarrytown, NY has selected the HealthRules software suite as its new core claims and administration platform. Hudson chose HealthRules, after a rigorous review process, to drive new levels of agility, compliance and transparency throughout its organization. Read More
Even though the Supreme Court upheld the Affordable Care Act, it is clear that the healthcare crisis is this country is not over. While the ACA is focused primarily on expanding health coverage, it misses the two other very real problems: controlling costs and improving quality.
What America really needs are transformational changes that can eliminate waste, bring down costs, enhance quality, and increase accountability. Frankly, that’s not something the ACA or the Supreme Court ruling ever adequately addressed. Read More
It’s always interesting to see new companies pop up on the HCI 100 list, but it’s even more fun to speculate about which companies will make the list two or three years from now. Healthcare Informatics interviewed the CEOs of five promising companies to keep an eye on. Read More
Last week, Towers Watson bought Extend Health, which allows retirees to choose from thousands of private Medicare plans according to their needs, instead of having their employer make the decision. Towers paid $435 million. One of the winners in that transaction was venture capital firm Psilos, which made in five years 10 times its investment in Extend Health— an unusual occurrence in health IT. Read More
Maybe it is possible to make big returns on health care investments.
Psilos Group said Monday that it earned a 10x return on the sale of portfolio company Extend Health to Towers Watson. Towers Watson announce the $435 million acquisition on Sunday. Read More
Transaction brings together Towers Watson’s benefits expertise and experience with Extend Health’s largest private Medicare exchange, allowing employers to provide a cost-effective benefit and retirees to increase plan choice and buying power.
NEW YORK and SAN MATEO, May 13, 2012 — Towers Watson (NYSE, NASDAQ: TW), a global professional services company, announced today that it has signed an agreement to acquire Extend Health, Inc., which operates the largest private Medicare exchange in the United States. We believe that this combination of two market leaders will provide innovative, best-in-class health care solutions that combine specialized retiree medical transition consulting with the choice and cost advantages of individual Medicare plans purchased on a private exchange. The two organizations announced a strategic alliance last August. Read More
NEW YORK, NY and CORTE MADERA, CALIF. – April 17, 2012 –Consumers are becoming more engaged in their healthcare and want to be financially rewarded for their efforts says healthcare investment firm Psilos Group in their new report called 2012 PSILOS Outlook on Healthcare Economics & Innovation. PSILOS says that incentive programs and personalization are critical factors for enticing consumers to be more active in the day-to-day management of their health and wellness, and lowering the overall cost burden of healthcare today. Read More
PARIS, March 13, 2012 – Mauna Kea Technologies (NYSE Euronext: MKEA, FR0010609263), the leader in the endomicroscopy market, announced that the American Medical Associaton’s (AMA) CPT (Current Procedural Terminology) Editorial Panel has approved three Category I codes to cover use of Cellvizio in the gastrointestnal tract.
Cellvizio, the world’s smallest microscope, is the frst system designed to provide live cellular-level images of internal human tissues during endoscopic procedures. Read More
It’s no secret successful healthcare only works with well-engaged patients. But, whether it’s a lack of usable technology or unproven theories, recent research has shown patients are still not interested in managing their care.
Steve Krupa, managing member at healthcare investment firm PSILOS, outlines four reasons why patients aren’t managing their healthcare. Read More