Search Results: "optum"
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Artificial Intelligence, Health Tech, Pharmacy
Former OptumRx CEO launches startup Waltz Health with $35M, promising to lower drug costs
Pharmacy benefit managers have been widely criticized for opaque drug pricing practices. But Waltz Health, which was co-founded by former PBM executive Mark Thierer, aims to use insider knowledge and tech solutions to lower drug costs.
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Hospitals, MedCity Influencers, Opinion, Legal, Payers
Regulators get it right in Optum-Change case, a proper target for antitrust enforcement
In both word and action, the Biden administration has ushered in an aggressive new era […]
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Health IT, Hospitals, Health Services
SSM Health, Optum to enhance inpatient, RCM & digital services in new 10-year collaboration
The St. Louis-based health system is collaborating with the UnitedHealth subsidiary to implement technology and processes that focus on improving care quality and reducing costs. Thousands of SSM Health employees will transition to Optum as part of the deal.
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Consumer / Employer, Legal, SYN
Pharmacists join chorus calling for DOJ to stop Optum-Change Healthcare merger
Independent and community pharmacies seek to prevent UHG and Change merging into a “corporate monster” that will stifle competition.
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Bassett Healthcare Network outsources IT, RCM operations to Optum
The New York-based rural health system has entered into a collaboration to outsource its IT and revenue cycle management operations to Optum. Further, about 500 Bassett employees, who currently perform those functions, will be given the opportunity to transition to Optum.
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UnitedHealth Group’s Optum, Change Healthcare to combine in $13.5B deal
Optum, a subsidiary of insurance giant UnitedHealth Group, agreed to buy healthcare technology company Change Healthcare for $13.5 billion in cash. The acquisition will add data analytics, research and revenue cycle management offerings to Optum’s service roster.
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Startups, Health Services, Health Tech
Optum Ventures co-founder launches digital health platform for LGBTQ patients
A.G. Breitenstein, a founding partner with Optum Ventures, launched FOLX on Thursday. The direct-to-consumer health platform is designed specifically with LGBTQ patients in mind.
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NaviHealth trades hands again with Optum acquisition
OptumHealth acquired naviHealth, a startup developing a software platform to help manage post-acute care. Cardinal Health sold a majority stake in the company two years ago.
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Report: Optum in talks to acquire AbleTo for $470M
UnitedHealth Group’s Optum subsidiary is reportedly in advanced talks to acquire AbleTo. The company, which provides behavioral telehealth services, has seen an uptick in users during the pandemic.
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Optum drives UnitedHealth’s better-than-expected earnings
UnitedHealth Group beat earnings expectations, bringing in earnings of $19.7 billion The health insurance giant saw its margins grow across most its business segments, though pharmacy and health services branch Optum saw the fastest growth, at 13.7 percent.
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Hospitals, Payers, Health Services
Optum’s John Muir Health deal provides a new model for health system collaboration
As part of the deal, Optum will take over non-clinical functions for the provider ranging from IT services, revenue cycle management, analytics and claims processing and bring on more than 500 John Muir Health employees.
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Online therapy company Talkspace raises $50M, signs major deal with Optum
Interest and investment in the online therapy space has been ramping up as the technology has been positioned as a lever to address the larger issue of expanding access to behavioral health resources.
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Federal judge sides with Amazon-Berkshire-JPMorgan healthcare venture in legal dispute with Optum
In a ruling Friday, U.S. District Court Judge Mark Wolf denied Optum’s request for a temporary restraining order that would have stopped ex-executive Dave Smith from joining the healthcare venture.
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Optum sues to protect trade secrets from Amazon-Berkshire-J.P. Morgan venture
Optum said in the suit that due to the nature of his position, former executive David Smith was one of fewer than 50 people at the company with access to Optum’s consolidated set of profit and loss statements at a product-line level.
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Insights on big data from Optum Technology’s first Technical Fellow
In a Q&A, Optum Technology’s Kerrie Holley discuses the potential of big data in healthcare, some of the barriers to adoption what can be done to win back the trust of patients.