Kaiser Permanente on Wednesday said it will invest $2.75 million to research how to help prevent and mitigate the health effects of adverse childhood experiences. The funding will go toward an initiative to identify clinical and community-based interventions that can be used to address childhood trauma. Studies have indicated those adverse events can lead to […]
Archive for the ‘HEALTHCARE’ Category
Private Medicare plan Devoted Health says it is the first to cover Apple Watch as a benefit
Devoted Health, a start-up health insurer targeting seniors with its private Medicare plans, says it is the first to offer Apple Watch as a fitness benefit to its members. Devoted, which was founded by brothers and serial entrepreneurs Todd and Ed Park, is attempting to differentiate itself in an increasingly crowded market of Medicare Advantage […]
Affordable Care Act Insured Millions of Uninsured Diabetics
Under the Affordable Care Act (ACA), nearly 2 million diabetics, many of them poor, got health insurance, a new study shows. “Insurance coverage can change the health trajectory of people with diabetes by providing access to diagnosis and treatment,” said lead researcher Rebecca Myerson.
Fertility benefits company Progyny files to go public
Progyny, a company that manages fertility benefits for employees at large firms, released its IPO prospectus on Friday. For the first half of 2019, Progyny generated $103.4 million in revenue and net income of $4.04 million. That’s up from $48.4 million in revenue and $3.3 million in net income in the first six months of […]
Amazon launches Amazon Care, a virtual and in-person healthcare offering for employees
Amazon has gone live with Amazon Care, a new pilot healthcare service offering that is initially available to its employees in and around the Seattle area. The Amazon Care offering includes both virtual and in-person care, with telemedicine via app, chat and remote video, as well as follow-up visits and prescription drug delivery in person […]
Walmart To Give Workers Financial Incentives To Use Higher-Quality Doctors
Worried its employees aren’t getting good enough care from doctors in their insurance networks, Walmart next year will test pointing workers in northwestern Arkansas, central Florida and the Dallas-Fort Worth area toward physicians it has found provide better service.
Job-based insurance annual premiums reach $20,000 record high
While premiums in the Affordable Care Act marketplaces appear to have leveled out after several years of sharp increases, the cost of employer-sponsored insurance has reached a record high. Companies and their workers for the first time are shelling out more than $20,000 on average for family health benefits in 2019, with employees picking up […]
Rite Aid jumps more than 9% after reporting better-than-expected earnings
Rite Aid’s stock surged by more than 11% on Thursday after the pharmacy chain reported better-than-expected earnings under new CEO Heyward Donigan. Overall sales, however, fell short of analysts’ forecasts for its fiscal second quarter for 2020 ended Aug. 31, as did sales at locations open for at least a year.
Hospital market concentration on the rise, along with prices
Nearly three-quarters of metro areas had highly concentrated hospital markets in 2016 and 13% were very highly-concentrated, according to a new report from the Health Care Cost Institute. Researchers found metro areas where hospitals markets became more concentrated also had larger increases in inpatient prices and vice-versa. The correlation held true when looking at only […]
Dialysis Industry Spends Big To Protect Profits
The dialysis industry spent about $2.5 million in California on lobbying and campaign contributions in the first half of this year in its ongoing battle to thwart regulation, according to a California Healthline analysis of campaign finance reports filed with the state.