HealthEdge “Talks Back” About Accountable Care Organizations

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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

Hudson Health Plan Selects HealthEdge To Bring A New Level of Agility to it’s Core Claims and Administration Platform

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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

Al Waxman: A Call To Arms: Innovation Is The Solution to The Healthcare Crisis

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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

Forbes: Three Health Technology Companies To Watch

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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

Towers Watson to Acquire Extend Health

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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

PSILOS GROUP, A Premier Healthcare Investment Firm Says Consumers Are Getting More Engaged With Their Health and Engagement Is Critical to Solving Current Healthcare Crisis

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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

Mauna Kea’s Cellvizio Approved for Category 1 CPT Codes

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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

4 Reasons Patients Aren’t Managing Their Care

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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