by Keith Kuhn | Feb 7, 2014 | Industry
Biomeme, a Philadelphia company that has developed technology to turn smartphones into low-cost diagnostic labs, raised almost $1 million in a debt financing. Documents filed with the Securities & Exchange Commission show the company is seeking to raise a total of...
by Keith Kuhn | Feb 5, 2014 | Payor, Reimbursement
Insurers would have to accept any medical provider who meets contract terms into their network under a bill moving forward in the Mississippi House. The House Insurance Committee voted 7-6 Thursday to approve House Bill 553, with four members present but not voting....
by Keith Kuhn | Feb 5, 2014 | Payor
Piedmont Healthcare announced Friday afternoon that it has reached agreement with Aetna/Coventry on a new three-year contract. Under the agreement, Aetna/Coventry members will continue to receive covered benefits, at in-network rates, from five hospitals within...
by Keith Kuhn | Feb 4, 2014 | Government, Reimbursement
Despite the fact that Medicare’s per capita cost increases are at historic lows, policymakers continue to look for ways to put new constraints on program spending. There’s nothing inherently wrong with that. In fact, given the rapid growth in the...
by Keith Kuhn | Feb 4, 2014 | Government, Reimbursement
H.R. 1717, a bill that would replace competitive bidding with the industry’s market pricing program, continues to draw support. This week, two more lawmakers co-sponsored the legislation, which was introduced by Rep. Tom Price (R-Ga.)into the House as the Medicare...