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Medicare Advantage | Payers | News, Analysis, Insights

HLTH: Essence Healthcare to Offer Free Oura Ring to Medicare Advantage Members

by Jasmine Pennic 10/22/2024 Leave a Comment

HLTH: Essence Healthcare to Offer Free Oura Ring to Medicare Advantage Members

What You Should Know:  - Essence Healthcare, a provider of Medicare Advantage (MA) plans forms a new partnership with ŌURA, the maker of the Oura Ring.  - Starting in 2025, eligible Essence MA members will receive a complimentary Oura Ring and a subscription to the Oura App, giving them access to advanced biometric tracking and personalized health insights. Empowering Members with Data-Driven Insights This unique benefit, a first for any MA plan, reflects Essence's
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Zing Health Raises $140M to Expand Medicare Advantage Plans for Underserved Seniors

by Fred Pennic 09/25/2024 Leave a Comment

Zing Health Raises $140M to Expand Medicare Advantage Plans for Underserved Seniors

What You Should Know:  - Zing Health, a trailblazing Medicare Advantage insurer, has announced a successful $140M funding round. The round includes participation from Health 2047 Capital Partners, CRG, and First Trust Capital Partners, alongside existing investors Newlight Partners, Town Hall Ventures, Health 2047, and Leavitt Equity Partners.   -  The investment will fuel the expansion of Zing Health's integrated, chronic special needs-focused plans to reach more
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JAMA: Traditional Medicare Is, In Fact, The Failure

by Fred Pennic 06/11/2024 Leave a Comment

JAMA: Traditional Medicare Is, In Fact, The Failure

What You Should Know:  - A new article published in JAMA Internal Medicine reignites the debate about Medicare Advantage and traditional Medicare.  - Dr. Sachin H. Jain, CEO of SCAN Group and SCAN Health Plan, argues in favor of Medicare Advantage, while Drs. Adam Gaffney, David Himmelstein, and Steffie Woolhandler advocate for traditional Medicare. Traditional Medicare: Lower Costs, Fewer Benefits Traditional Medicare offers beneficiaries lower premiums, but it comes with
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M&A: Aledade Acquires Michigan’s Medical Advantage

by Jasmine Pennic 05/01/2024 Leave a Comment

M&A: Aledade Acquires Michigan's Medical Advantage

What You Should Know:  - Aledade, the nation's leading network of independent primary care practices, announced today the acquisition of Michigan-based Medical Advantage.  - This strategic acquisition further solidifies Aledade's position as the preeminent Accountable Care Organization (ACO) network and a driving force in value-based care. Expanding Physician Partnerships in Michigan The acquisition significantly expands Aledade's network in Michigan, bringing the number of
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Wolters Kluwer Health Unveils AI-Powered Tool to Help Medicare Advantage Plans Ace Risk Adjustment Audits

by Jasmine Pennic 04/17/2024 Leave a Comment

Wolters Kluwer Health Unveils AI-Powered Tool to Help Medicare Advantage Plans Ace Risk Adjustment Audits

What You Should Know:  Wolters Kluwer Health, a leading provider of healthcare information and analytics, has introduced a new weapon in the fight against potential financial penalties for Medicare Advantage Organizations (MAOs) – the Regulatory Audit Module.  - The AI-enabled tool leverages artificial intelligence (AI) to streamline the risk adjustment audit process, potentially saving MAOs millions of dollars. The Challenge: A Complex and Costly Regulatory
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Humana & Strive Health Offers Value-Based Kidney Care to More Medicare Advantage Members

by Jasmine Pennic 03/05/2024 Leave a Comment

Humana & Strive Health Offers Value-Based Kidney Care to More Medicare Advantage Members

What You Should Know: - Humana Inc. (NYSE: HUM) and kidney care provider Strive Health announced today a new multi-state, value-based care agreement for kidney care to more Medicare Advantage members. - This expanded value-based kidney care partnership extends access to Strive's innovative kidney care model to Humana Medicare Advantage HMO and PPO plan members living with chronic kidney disease (CKD) and end-stage kidney disease (ESKD) across five states. Transforming Kidney Care
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UnitedHealthcare, RUSH Health Form Medicare Advantage Relationship

by Fred Pennic 10/24/2023 Leave a Comment

UnitedHealthcare, RUSH Health Form Medicare Advantage Relationship

What You Should Know:  - UnitedHealthcare and RUSH Health announced a new relationship that will give UnitedHealthcare Medicare Advantage plan members network access to all RUSH Health locations in Illinois for the first time, effective immediately.  - The multi-year agreement, effective Oct. 1, provides UnitedHealthcare Medicare Advantage plan members with enhanced access to quality care and provides a new option as they choose which health plan best meets their healthcare needs
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M&A: MultiPlan Acquires Benefits Science LLC for $160M

by Fred Pennic 05/09/2023 Leave a Comment

M&A: MultiPlan Acquires Benefits Science LLC for $160M

What You Should Know: MultiPlan, a provider of data-enabled cost management, payment, and revenue integrity solutions for 700+ healthcare payors announced the acquisition of Benefits Science LLC (BST) for $160M in cash and stock.BST was founded in 2012 by a group of MIT-trained experts in data science, including Dimitris Bertsimas, Ph.D., who is recognized as an early pioneer in healthcare analytics and who serves as the company’s chief data scientist. Dr. Bertsimas will continue with BST
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Improving Non-Emergency Medical Transportation: Driving Better Outcomes for Patients and Health Plans

by Andy Auerbach, Chief Revenue Officer of SafeRide Health 05/02/2023 Leave a Comment

Improving Non-Emergency Medical Transportation: Driving Better Outcomes for Patients and Health Plans

As the healthcare industry continues to evolve, there is a growing need for innovative solutions that not only improve the quality of care but also make care more accessible. Non-emergency medical transportation (NEMT) plays a crucial role in helping patients get to where care is delivered. As healthcare reform efforts continue to gain momentum, transportation benefits have become an increasingly critical component of providing equitable care to patients. NEMT helps close the health equity gap
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Q1 2023 Digital Health Funding Reaches $3.4B Across 132 Deals

by Syed Hamza Sohail 04/04/2023 Leave a Comment

Q1 2023 Digital Health Funding Reaches $3.4B Across 132 Deals

What You Should Know: 2023 started off with the hallmarks of a rebound year. While Q4 2022 signaled the tail end of the digital health funding cycle, January and February funding numbers began to suggest that sector investment was slowly but surely inching back upwards. Inflation was easing ever so slightly. Investors were rediscovering their confidence and launching new projects, signaling optimism in the sector, according to a new Rock Health report. However, recent news—the collapse of
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