FFS

Oregon Health Authority Selects Acentra Health to Implement Division of the State’s Health-Related Social Needs Benefits for 1115 Medicaid Waiver Demonstration

Retrieved on: 
Jeudi, juin 13, 2024
SDOH, Insulin, Social, Risk, Housing, Health, Climate change, Diet, Medicaid, Government, FFS, Partnership, Oregon Health Plan, OHA, Pharmaceutical industry

Under the terms of the contract, Acentra Health oversees the care coordination of qualifying HRSN-related interventions for up to 120,000 Medicaid FFS members annually.

Key Points: 
  • Under the terms of the contract, Acentra Health oversees the care coordination of qualifying HRSN-related interventions for up to 120,000 Medicaid FFS members annually.
  • “Their groundbreaking HRSN waiver demonstration aims to go beyond traditional social determinants of health (SDOH) factors to address individualized health needs.
  • “Health-related social needs services provide Oregon Health Plan members foundational support during a time of transition,” said Holly Heiberg, Medicaid Policy Director at OHA.
  • “Acentra Health will be integral in helping Oregon build these new benefits for our fee-for-service members.”
    Acentra Health and OHA will implement two additional phases of the HRSN Medicaid waiver.

AREX Capital Management Issues Letter to Enhabit Stockholders Regarding the Need for Dramatic Changes to Board Composition

Retrieved on: 
Mercredi, mai 29, 2024
Slate, ABA, Medicare, Optum, Panic, CFO, UnitedHealth Group, HCA, Investment, Audit, Senior, Pennant, Concurrency, Caesars Entertainment, Outline, Hospital, Humana, Disclosure, FFS, Letter, HCA Healthcare, Sale, Face, Hospice, LP, CMS, System, Marriage, Interim, Rehabilitation, Failure, Patient, Acceleration, Health, Palliative care, LHC, AREX, Annual report, Growth, Speech, Acquisition, Root cause analysis, Elevance Health, BKD, Knowledge, History, Transformation

We are disappointed that the Board has chosen to continue its pattern of deflecting the valid and serious concerns of its stockholders.

Key Points: 
  • We are disappointed that the Board has chosen to continue its pattern of deflecting the valid and serious concerns of its stockholders.
  • This dearth of specialized knowledge was exacerbated by a Board that was similarly devoid of relevant operating expertise.
  • While the Board possessed generally solid résumés, it lacked the industry-specific familiarity to guide a novice management team through industry-specific challenges.
  • The AREX Slate has a deep understanding of managing payor relationships, and it has a comprehensive grasp of capital markets.

The Oncology Institute Reports First Quarter 2024 Financial Results and Reaffirms Full Year 2024 Guidance

Retrieved on: 
Mardi, mai 14, 2024
FFS, Prescription, Eastern Time Zone, Growth, Earnout

Consolidated revenue for Q1 2024 was $95 million, an increase of 24.2% compared to Q1 2023, and a 10.3% increase compared to Q4 2023.

Key Points: 
  • Consolidated revenue for Q1 2024 was $95 million, an increase of 24.2% compared to Q1 2023, and a 10.3% increase compared to Q4 2023.
  • Revenue for patient services was $52 million, up 4.3% compared to Q1 2023.
  • Gross profit in Q1 2024 was $12 million, a decrease of 15.1% compared to Q1 2023.
  • TOI will host a conference call on Tuesday, May 14, 2024 at 5:00 p.m. (Eastern Time) to discuss first quarter results and management’s outlook for future financial and operational performance.

New Research From Inovalon and Harvard Analyzes Medicare Advantage Plan Design Impact on Healthcare Utilization and Health Equity

Retrieved on: 
Lundi, avril 8, 2024
Harvard Medical School, HMO, Health, Preferred provider organization, Importance, Inovalon, Research, Health maintenance organization, PPO, Medicare, Medicare Advantage, FFS, Health insurance

The findings, published in the white paper " The Importance of Plan Design in Medicare Advantage ," represent the fourth installment of Inovalon’s and Harvard Medical School’s research collaboration to understand the underlying factors influencing enrollment, quality outcomes, and utilization in MA vs. FFS Medicare.

Key Points: 
  • The findings, published in the white paper " The Importance of Plan Design in Medicare Advantage ," represent the fourth installment of Inovalon’s and Harvard Medical School’s research collaboration to understand the underlying factors influencing enrollment, quality outcomes, and utilization in MA vs. FFS Medicare.
  • Previous research found that MA delivers superior quality outcomes and utilization reductions compared to FFS Medicare, even after controlling for differences in who enrolls.
  • However, until now, there was limited data on the differences within MA, and how specific MA plan designs and features impact outcomes.
  • "By understanding the populations Medicare Advantage plans attract, policymakers and health plans can come together to incentivize and deliver superior, cost-effective outcomes for every Medicare enrollee."

The Oncology Institute Reports Fourth Quarter and Full Year 2023 Financial Results and Guidance for 2024

Retrieved on: 
Mercredi, mars 27, 2024
Growth, Prescription, Earnout, Depreciation, Eastern Time Zone, PMPY, FFS, Pharmaceutical industry

Consolidated revenue for Q4 2023 was $86 million, an increase of 20.1% compared to Q4 2022, and a 4.6% increase compared to Q3 2023.

Key Points: 
  • Consolidated revenue for Q4 2023 was $86 million, an increase of 20.1% compared to Q4 2022, and a 4.6% increase compared to Q3 2023.
  • Gross profit in Q4 2023 was $14 million, a decrease of 8.0% compared to Q4 2022.
  • Gross profit is calculated by subtracting direct costs of patient services, dispensary, and clinical trials and other from consolidated revenues.
  • TOI will host a conference call on Wednesday, March 27, 2024 at 5:00 p.m. (Eastern Time) to discuss fourth quarter and full year results and management’s outlook for future financial and operational performance.

Availity Responds to CMS Interoperability and Prior Authorization Final Rule with Advanced Solutions for Healthcare Interoperability

Retrieved on: 
Mercredi, mars 27, 2024
Technology, Finance, Public Policy, Government, Healthcare Reform, Professional Services, Software, Health, General Health, Data Management, Principal, Fast Healthcare Interoperability Resources, Organization, Interoperability, FHIR, DTR, MIPS, Communication, Health Level 7, CHIP, CRD, Hospital, Prior authorization, Acquisition, The Final Rule, Medicaid, API, Documentation, PAS, Medicare, CMS, FFS, Health insurance

The Final Rule aims to enhance interoperability and streamline the prior authorization process by mandating certain health plans to implement specific Health Level Seven International® (HL7®) Fast Healthcare Interoperability Resources (FHIR®) APIs.

Key Points: 
  • The Final Rule aims to enhance interoperability and streamline the prior authorization process by mandating certain health plans to implement specific Health Level Seven International® (HL7®) Fast Healthcare Interoperability Resources (FHIR®) APIs.
  • The Final Rule requires health plans to support a FHIR API for prior authorization by Jan. 1, 2027.
  • The Final Rule requires provider organizations to attest to utilizing a Prior Authorization API to submit at least one authorization request in 2027.
  • Providers will be able to connect to Availity to access the Prior Authorization API for multiple payers.

German manufacturer Karcher opens regional distribution centre at Tatu City, Kenya

Retrieved on: 
Mercredi, mars 27, 2024
Ambassador, Republic, Equipment, Partnership, Davis & Shirtliff, Karcher, CCI, Food, Investment, VAT, Engineering, Carrefour, USD, ALP, Heineken, FFS, Property management

TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market. The move was made to operationalize the business into a full subsidiary, which includes a regional distribution centre at Freight Forwarders Solutions (FFS) in Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, positioning Kenya as a hub for East Africa.

Key Points: 
  • TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market.
  • By establishing Kenya as our regional hub, we are reducing lead times and enhancing responsiveness, ensuring prompt service and satisfaction for our clients."
  • Stephen Jennings, Founder & CEO of Rendeavour, the owner and developer of Tatu City, added, "Karcher joins the ranks of many leading global brands at Tatu City SEZ.
  • The company that provides warehouse operations for Karcher in Kenya, FFS, has an international-standard logistics and distribution hub in Tatu Industrial Park.

German manufacturer Karcher opens regional distribution centre at Tatu City, Kenya

Retrieved on: 
Mercredi, mars 27, 2024
Ambassador, Republic, Equipment, Partnership, Davis & Shirtliff, Karcher, CCI, Food, Investment, VAT, Engineering, Carrefour, USD, ALP, Heineken, FFS, Property management

TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market. The move was made to operationalize the business into a full subsidiary, which includes a regional distribution centre at Freight Forwarders Solutions (FFS) in Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, positioning Kenya as a hub for East Africa.

Key Points: 
  • TATU CITY, Kenya, March 27, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market.
  • By establishing Kenya as our regional hub, we are reducing lead times and enhancing responsiveness, ensuring prompt service and satisfaction for our clients."
  • Stephen Jennings, Founder & CEO of Rendeavour, the owner and developer of Tatu City, added, "Karcher joins the ranks of many leading global brands at Tatu City SEZ.
  • The company that provides warehouse operations for Karcher in Kenya, FFS, has an international-standard logistics and distribution hub in Tatu Industrial Park.

First full flight simulator with gaming-engine-powered CAE Prodigy image generator achieves level D qualification

Retrieved on: 
Mardi, mars 26, 2024
Aircraft, Prodigy, GM, EASA, Epic Games, Unreal Engine, Commercial aviation, TSX, CAE, Security, Division, Family, Defense, 3D computer graphics, FFS, Airline

MONTREAL, March 26, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today announced that it is the first leading aviation simulation and training organization to seamlessly integrate a gaming engine into its full-flight simulator (FFS) visual system and achieve level D qualification*, the highest level of qualification for a FFS.

Key Points: 
  • MONTREAL, March 26, 2024 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE today announced that it is the first leading aviation simulation and training organization to seamlessly integrate a gaming engine into its full-flight simulator (FFS) visual system and achieve level D qualification*, the highest level of qualification for a FFS.
  • "With CAE Prodigy, CAE continues to position itself as a leader in the adoption of new technologies to support its customers and advance aviation safety."
  • CAE Prodigy builds on the proven features of CAE's existing family of visual systems, while leveraging Unreal Engine's innovative rendering techniques to deliver a highly optimized and flexible Image Generator solution.
  • A level D simulator fidelity is at such high level that pilots transitioning to a new aircraft can perform all their training in the simulator instead of the aircraft.

WELL Health Applauds Improvements in Reimbursement Recently Announced from Key Provinces and Speaks to Improvements in Organic Growth in its Primary Care Business

Retrieved on: 
Lundi, mars 25, 2024
Health, Federation, Burn, Growth, Environment, Patient, Disclosure, WELL, LFP, TSX, Google Images, Heart, PSA, Physician, Federal, FFS, Nursing

WELL Health applauds recent actions by the provinces of Ontario, Alberta, and Manitoba to increase reimbursement rates affecting primary care, specialized care, and diagnostic consultation codes.

Key Points: 
  • WELL Health applauds recent actions by the provinces of Ontario, Alberta, and Manitoba to increase reimbursement rates affecting primary care, specialized care, and diagnostic consultation codes.
  • WELL has provided more detailed disclosure of its organic growth between same clinic vs. absorption growth over the past year, demonstrating 15.6% organic growth overall in WELL's Canadian primary care business boosted by clinic absorptions.
  • In a significant move towards bolstering the healthcare system, the Provinces of Ontario, Alberta, and Manitoba have announced increases in reimbursement rates for primary care, specialized care, and diagnostic consultation codes.
  • This follows last year's innovative Longitudinal Family Practice (LFP) reimbursement methodology implemented by British Columbia which was designed to boost funding for primary care physicians.