SCROLL DOWN FOR UPDATE Mayo Clinic and Optum, insurance giant UnitedHealth Group’s claims, health IT and health services division, announced that they are creating Optum Labs, a collaborative research and development organization with the overarching goal of improving patient care. The initiative is intended to be an open environment centered in Cambridge, Massachusetts, where […]
In this election cycle, we have heard a lot from both candidates about the role of government. From the Republicans, we have heard the all-too-familiar argument that the government is actually a hindrance in job creation and in business success. Many, including I, an Obama backer, disagree. I think government needs to play a supportive […]
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Healthcare innovation is Brandon Rowberry‘s business. Many in the health industry likely won’t think “insurance” when they hear “innovation,” but Rowberry — vice president of innovation development at Minnesota-based UnitedHealth Group (NYSE:UNH) — is working to change that perception. And Rowberry and UnitedHealth are already achieving results. UnitedHealth has been tapped by Forbes as the […]
UnitedHealthcare (NYSE:UNH) is preparing to roll out a tool for its Health4me app to address the increased demand for price transparency by consumers to help them better manage healthcare costs. The tool, myHealthcare Cost Estimator, allows users to search through an alphabetical list for a particular procedure or problem such as knee pain and provides […]
Comcast (NASDAQ:CMCSA, CMCSK) and UnitedHealth Group (NYSE:UNH) are launching a video-on-demand show as part of a 12-month pilot program aimed at reducing the numbers of people at risk for developing type 2 diabetes. Viewers for the video-on-demand program “Not Me” are being recruited in Philadelphia and Knoxville, Tennessee. The pilot will evaluate the effectiveness of […]
East Brunswick, New Jersey company CareSpeak Communications develops wireless communications technologies for the institutional and consumer healthcare markets. It developed a two-way text-message communications platform for health care apps and started a partnership with with UnitedHealth in September. Among its apps are reminders for patients to take their medication on time, a specialized app for diabetics to monitor glucose and insulin levels and the ability for physicians to communicate with patients.
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
The Optum division of UnitedHealth Group is partnering with the Lifeline Hospital Group in Abu Dhabi to bring Optum’s health IT services into the Middle East. Optum will work with Lifeline, which operates four hospitals and nine pharmacies in the Middle East, to improve billing and collections, and will absorb about 100 Lifeline employees as […]
Health insurance company UnitedHealth Group (NYSE:UNH) announced Wednesday that Larry Renfro will take over immediately as chief executive officer of Optum, its health services business platform. Renfro replaces G. Mike Mikan, who is leaving to lead a private equity fund. Optum is Minnetonka, Minnesota-based UnitedHealth Group’s $27 billion health informatics unit made up of three […]
Health insurance companies often conjure up images of corporations taking advantage of the hapless consumer. But in the last week one Minnesota’s UnitedHealth Group (NYSE:UNH) performed well on two surveys that rated insurers on metrics that consumers and businesses value: insurance claims processing accuracy and employer satisfaction. In the 2011 American Medical Association’s National Health Insurer […]
UnitedHealth Group Inc. (NYSE:UNH) boosted its end-of-the-year profit forecast, thanks to a strong third quarter that blew through Wall Street estimates. The nation's largest private insurer, based in Minnetonka, Minnesota, said it now expects to earn $3.85 to $3.95 per share for the year, compared to its earlier estimate of $3.40 to $3.60 a share.
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
UnitedHealth Group's (NYSE:UNH) health information technology subsidiary Ingenix is buying yet another company that could help it cut administrative costs in healthcare -- A-Life Medical -- for undisclosed terms.
Medical device companies probably aren't feeling the love from Wall Street, these days. The last two medical device companies from Minnesota to go public priced their IPOs far below what they expected. The malaise is not limited to Minnesota.
UnitedHealth Group’s (NYSE: UNH) health information technology subsidiary Ingenix has reached an agreement to acquire a Pennsylvania-based compliance consulting company for hospitals. Ingenix didn’t disclose the price for Newton Square, Pennsylvania-based Executive Health Resources in a statement, but a Bloomberg report last week put the figure at about $1.5 billion. The deal fits with UnitedHealth’s […]
United HealthGroup‘s (NYSE: UNH) health information technology subsidiary Ingenix has acquired a Massachusetts-based hospital software provider for an undisclosed amount. Wakefield, Massachusetts-based Picis provides enterprise software to hospitals’ emergency departments, surgical suites and intensive care units, according to a statement from Ingenix. Ingenix, which provides consulting, technology and outsourcing services to nearly 6,000 hospitals in […]
Telemedicine — practicing medicine through the electronic exchange of medical information — promises to improve patient access to the best care. It also could head off costly hospital admissions for patients who have chronic illnesses by getting them medical help sooner. But cut down on day-to-day healthcare costs? Well, maybe a little, according to representatives […]