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Medicare Insurance| Regulatory, Policy, Patients Analysis, Insights - HIT Consultant

Medicare Transformation Company Ilumed Raises $16.5M to Expand DCE Services

by Fred Pennic 12/15/2021 Leave a Comment

Medicare Transformation Company Ilumed Raises $16.5M to Expand DCE Services

What You Should Know: - Ilumed, a Medicare transformation company focused on assisting patients to achieve their healthiest lives by driving lower cost, better quality and more equitable healthcare outcomes raises $16.5M in Series A funding led by Ascend Partners. - Ilumed is one of fifty-three Direct Contracting Entities approved by the Centers for Medicare & Medicaid Services as part of CMS’s Global and Professional Direct Contracting Model, which was designed to enhance care quality
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EasyHealth Secures $135M to Redesign Medicare Experience

by Fred Pennic 11/18/2021 Leave a Comment

What You Should Know: - Easyhealth raises $135M to redesign Medicare with its end-to-end Medicare experience to help 50 million Medicare members find the best plan and support them through their healthcare journey. EasyHealth, an LA-based company connecting coverage and care with an end-to-end Medicare experience, today announced it has raised $135M in equity and debt funding to further its mission to improve health outcomes for Medicare members by connecting coverage and care. Funding
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A State Roadmap To Successfully Deploy Medicaid Modularity (MMIS)

by Victor Sterling, Principal Industry Consultant & Tom Wriggins, Principal Solutions Architect at SAS 11/03/2021 Leave a Comment

In 2010, the Affordable Care Act ushered in a new era for Medicaid Modularity, an approach anchored by breaking down large, monolith systems into smaller, more nimble and self-contained modules that can de-risk healthcare delivery and unlock innovation. More broadly, Medicaid Modularity is about improving states’ Medicaid Management Information Systems (MMIS). In 2016, the Centers for Medicare and Medicaid Services (CMS) followed by issuing guidance on how states should move forward with
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Bamboo Health ACOs Generate $1B+ in Medicare Shared Savings Program

by Fred Pennic 10/12/2021 Leave a Comment

Appriss/Patient Ping Rebrands as Bamboo Health

What You Should Know:  - Following the National Association of Accountable Care Organizations (ACOs) announcement of 2020 data detailing the Medicare Shared Savings Program (MSSP), Medicare's largest alternative payment model, Bamboo Health, formerly Appriss Health and PatientPing, announced its national network of ACOs generated over $1 billion in total shared savings.  - Bamboo Health’s ACO partners succeed under value-based care programs like the MSSP by utilizing their Pings
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Ochsner Health Launches Fall Prevention Pilot Program to Medicare Advantage Members

by Jasmine Pennic 09/01/2021 Leave a Comment

Ochsner Accountable Care Network Saves $12.9M for Medicare Beneficiaries

What You Should Know:  - Ochsner Health and innovationOchsner (iO) have partnered with Bold, an evidence-based, digital exercise platform for older adults aimed at reducing falls and improving health outcomes. - The Bold platform is one of five interventions in the Ochsner Connected Stability pilot fall prevention and monitoring programs focused on helping Medicare Advantage members who are at the highest risk for falls. Impact of Non-Fatal Falls More than 85% of older adults
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Connie Health Nabs $13M for Tech-Enabled Medicare Navigation Platform

by Fred Pennic 07/28/2021 Leave a Comment

Connie Health Nabs $13M for Tech-Enabled Medicare Navigation Platform

What You Should Know: - Connie Health, a Boston, MA-based tech-enabled consumer Medicare navigation platform helping Americans make more informed health and financial choices has raised $13M in Series A round funding led by Khosla Ventures and Pittango Healthtech. Unlike employment-based health insurance, where people have two or three options, seniors face hundreds of Medicare choices which are delivered at the individual County
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Innovaccer Unveils Health Plan Analytics Tool to Give a Comprehensive View of Over 700 Medicare Advantage Plans

by Fred Pennic 06/11/2021 Leave a Comment

Innovaccer Unveils Health Plan Analytics Tool to Give a Comprehensive View of Over 700 Medicare Advantage Plans

What You Should Know:  -Innovaccer Inc., a leading healthcare technology company, recently launched its Health Plan Analytics tool, which provides a comprehensive view of health plan performance across the country.  -With this tool, payers can identify the quality parameters where they lag and determine the performance threshold to attain satisfactory ratings and enrollment. In addition, the tool generates state-by-state market insights to develop strategies to increase
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Zing Health Acquires Medicare Advantage Plan Provider Lasso Healthcare

by Fred Pennic 05/19/2021 Leave a Comment

Zing Health Acquires Medicare Advantage Plan Provider Lasso Healthcare

What You Should Know: - Zing Health Enterprises, a physician-founded and led provider of Medicare Advantage health plans, has signed definitive documents to acquire Harrisburg, PA-based Lasso Healthcare Insurance Co. - Lasso Healthcare offers Medicare Advantage (MA) plans in 34 states and the District of Columbia. Its insurance offerings currently cover over 6,000 members. Lasso Healthcare offers a pioneering consumer-directed Medicare Advantage product, called a Medicare Medical Savings
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Humana Taps NowPow to Address Social Needs for Medicare & Medicaid Members in Chicago

by Jasmine Pennic 05/18/2021 Leave a Comment

Humana Taps NowPow to Address Social Needs Medicare & Medicaid Members in Chicago

What You Should Know: - Humana Inc., today announced it is partnering with NowPow to improve the health of communities across Chicago by identifying and addressing root causes of poor health. - As part of the partnership, Humana will leverage NowPow’s personalized community referral platform to help extend the digital infrastructure for its population health strategy supporting Humana Medicaid and Medicare members in Chicago. This effort aims to improve members’ health by meeting needs
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Clover Health Taps Roundtrip to Provide Non-Emergency Transportation Services for Medicare Advantage Members

by Fred Pennic 05/10/2021 Leave a Comment

Roundtrip digital transportation marketplace

What You Should Know: -  Roundtrip, the leading digital healthcare transportation marketplace, announces it is working with Clover Health, an innovative technology company improving health outcomes for America’s seniors, to offer non-emergency medical transportation to Clover’s Medicare Advantage members. The goal of the collaboration is to combat one of the most significant barriers to care for seniors in America: transportation. - Clover members whose plans include
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