Revenue Cycle and Payer News 6-4-2019
In the News:
Buffet Opines Haven Can’t Guarantee Improvement In US Health Care
Billionaire Warren Buffet of Berkshire Hathaway declared that he cannot guarantee that the latest joint venture between JP Morgan, Amazon and his own firm that is seeking to improve healthcare system in United States will be successful in its goal soon. During an interview early this week he stated the venture Haven Health is growing at a steady pace in terms of employee strength, business partners and other details and needs just the right kind of push to make it more efficient. The not-for-profit venture was created last week in collaboration with Jeff Bezos of Amazon, Berkshire Hathaway and J. P. Morgan.
UnitedHealthcare Awarding $1 Million to Memphis-Area Nonprofits to Help Address Social Determinants of Health
UnitedHealthcare, a UnitedHealth Group (@uhc) company, is awarding $1 million in grants to seven Memphis-area nonprofit organizations to expand their services that address key social determinants of health,and improve care access and patient outcomes.
Learn what we’re doing in Tennessee to address some of the greatest barriers to health – from food insecurity to senior isolation.
— UnitedHealthcare (@UHC) May 14, 2019
Centene Corporation Announces Appointments of Ken Burdick and Drew Asher to Executive Team of Combined Company Following Close of WellCare Transaction
Centene Corporation (@Centene) announced that upon completion of the pending combination with WellCare Health Plans, Inc., Ken Burdick, currently Chief Executive Officer of WellCare, and Drew Asher, currently Executive Vice President and Chief Financial Officer of WellCare, will join Centene in executive leadership positions. Mr. Burdick and Mr. Asher will report directly to Michael F. Neidorff, Chairman, President and Chief Executive Officer of Centene. Mr. Burdick’s employment agreement is for a two-year term.
A Creative Collaboration; The United Way and Aetna Launch Venture Fund
The United Way of Massachusetts Bay and Merrimack Valley, in collaboration with Aetna (@aetna), held the first-ever Venture Fund competition. The “Shark Tank” style pitch event was held in Boston on May 22, 2019, with a focus on seeding new, innovative and collaborative solutions to further the finalist organization’s social missions.
Cigna Collaboration Helps Santa Clara County IPA (SCCIPA) Improve Quality and Lower Costs
The latest results from a collaboration between Cigna (@cigna) and Santa Clara County IPA (SCCIPA) show that the program continues to drive better health care quality for nearly 18,000 Silicon Valley residents while achieving significantly better affordability.
Making the Cut:
CEO Mario Schlosser Awarded Prestigious 2019 Seoul Test of Time Award
The International World Wide Web Conference Committee (IW3C2) announced that the 2019 Seoul Test of Time Award will be presented to the authors of the paper “The EigenTrust Algorithm for Reputation Management in P2P Networks”; Mario Schlosser ( Co-founder and CEO, Oscar), Sepandar D. Kamvar (Founder, Mosaic Building Group Inc and Celo), and Héctor Garcia-Molina (Professor, Stanford University). The award will be presented during the opening ceremony of the 28th International conference in the Web Conference series on May 15, in San Francisco.
Oscar’s CEO Mario Schlosser shares the “mad dash” that led him to create an algorithm to determine authenticity online early in his career. That paper has since been honored with the Seoul Test of Time Award! Check out why here: https://t.co/3auJOCJK1a
— Oscar (@OscarHealth) June 3, 2019
Anthem Given the Public Private Partnership Award by The National Council on Aging
Through its affiliated companies, Anthem serves more than 78 million people, including over 40 million within its family of health plans. Anthem (@AnthemInc) aims to be the most innovative, valuable, and inclusive partner. NCOA is honoring Anthem because of its commitment to serving older adults, its innovative approaches to addressing social and behavioral determinants of health, and its work preparing individuals to live long, healthy lives.
We’re honored to be given the Public Private Partnership Award by @NCOAging for our commitment to serving older adults, addressing social and behavioral determinants of health, and preparing individuals to live long, healthy lives #Healthcare #SDOH https://t.co/TMAk9hYF5r pic.twitter.com/euuiBIXHBD
— Anthem, Inc. (@AnthemInc) May 30, 2019
AHIP Institute & Expo 2019 – New concepts, new solutions, new contacts. It’s a few days out of the office, but so much more. Institute & Expo is an investment in your company, your career, and our country’s health care. It’s not surprising that thousands consider AHIP’s Institute & Expo the must attend health care event.