Health insurance

Fraser Institute News Release: Share of total spending on child benefits for families with incomes less than $60,000 fell from 42.9% to 29.7%

Retrieved on: 
Thursday, August 18, 2022 - 10:00am

While the federal government often claims that child benefits go to Canadian families who need the money the most, the shift in overall spending tells a different story, said Jason Clemens, executive vice-president of the Fraser Institute and co-author of Adjusting for the Canada Child Benefits Tax-Free Status .

Key Points: 
  • While the federal government often claims that child benefits go to Canadian families who need the money the most, the shift in overall spending tells a different story, said Jason Clemens, executive vice-president of the Fraser Institute and co-author of Adjusting for the Canada Child Benefits Tax-Free Status .
  • In 2016, the federal government replaced two child-benefit programs with the Canada Child Benefit (CCB), which provides tax-free benefits to eligible families with children under the age of 18.
  • At the same time, the share of total child-benefit spending on families with incomes between $60,000 and $180,000 increased from 49.2 per cent to 66.8 per cent.
  • While the share of total child-benefit spending on families with incomes above $180,000 declined from 7.9 per cent to 3.5 per cent.

Hatten Land Signs Partnership Agreement to Launch The World's First-of-its-Kind Mobile Legends: Bang Bang, Southeast Asia's Top Game with 100 Million Monthly Active Users, Themed Integrated Esports Hub in Melaka at ElementX

Retrieved on: 
Thursday, August 18, 2022 - 6:47am

Since the 2019 Southeast Asian Games ("SEA Games"), Mobile Legends: Bang Bang has been featured in successive SEA Games as a medal event.

Key Points: 
  • Since the 2019 Southeast Asian Games ("SEA Games"), Mobile Legends: Bang Bang has been featured in successive SEA Games as a medal event.
  • According to Sensor Tower Store Intelligence estimates, total gross revenue of Mobile Legends: Bang Bang surpassed US$500 million in 2020 with user spending of US$214.1 million in 2019.
  • Malaysia has proven to be Mobile Legends' most lucrative market globally, with players there spending US$87.5 million in the game, or 17 percent of total revenue.
  • Mobile Legends: Bang Bang has experienced explosive growth globally with Southeast Asia being its key revenue market since its launch in 2016.

LFST Shareholder Notification: Robbins LLP Reminds Investors of Lead Plaintiff Deadline in Class Action Against LifeStance Health Group, Inc. (LFST)

Retrieved on: 
Thursday, August 18, 2022 - 1:04am

The Class: Shareholder rights law firm Robbins LLP reminds investors that a shareholder filed a class action on behalf of all purchasers of the common stock LifeStance Health Group, Inc.(NASDAQ: LFST) pursuant to or traceable to the Company's June 2021 initial public offering ("IPO"), for violations of the Securities Act of 1933.

Key Points: 
  • The Class: Shareholder rights law firm Robbins LLP reminds investors that a shareholder filed a class action on behalf of all purchasers of the common stock LifeStance Health Group, Inc.(NASDAQ: LFST) pursuant to or traceable to the Company's June 2021 initial public offering ("IPO"), for violations of the Securities Act of 1933.
  • LifeStance, through its subsidiaries, provides outpatient mental health services in 31 states.
  • If you would like more information about LifeStance Health Group, Inc.'s misconduct, click here .
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Prime Healthcare Services Announces Early Tender Results of Its Previously Announced Cash Tender Offer for 7.250% Senior Secured Notes Maturing November 2025 and Extends Total Consideration Pricing to the Expiration Date

Retrieved on: 
Thursday, August 18, 2022 - 12:54am

However, there can be no assurance that the conditions set forth in the Offer to Purchase will be satisfied or waived.

Key Points: 
  • However, there can be no assurance that the conditions set forth in the Offer to Purchase will be satisfied or waived.
  • The Tender Offer is described in the Offer to Purchase, dated August 4, 2022 (as it may be amended or supplemented, the Offer to Purchase).
  • The Tender Offer is subject to the satisfaction or waiver of a number of conditions as set forth in the Offer to Purchase.
  • Fourteen of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity.

InnovAge Names Richard Feifer, MD, MPH, as Chief Medical Officer

Retrieved on: 
Wednesday, August 17, 2022 - 9:05pm

InnovAge President and Chief Executive Officer Patrick Blair said, There is nothing more important than ensuring we are consistently delivering outstanding care for our participants.

Key Points: 
  • InnovAge President and Chief Executive Officer Patrick Blair said, There is nothing more important than ensuring we are consistently delivering outstanding care for our participants.
  • As CMO, Feifer will lead InnovAges clinical care delivery, including medical care, quality, pharmacy, dental, and behavioral health.
  • As executive vice president and chief medical officer, he oversaw one of the nation's largest skilled nursing and long-term care providers, operating nearly 400 facilities in 26 states in 2019.
  • Also with Genesis HealthCare, Feifer launched and served as chief medical officer for the only national accountable care organization focused on nursing home residents, LTC ACO.

Transcap Fuels Freight Industry with Lightning-Fast Invoice Factoring

Retrieved on: 
Wednesday, August 17, 2022 - 9:04pm

CLEVELAND, Aug. 17, 2022 /PRNewswire/ -- Transcap, a fast-growing freight factoring and alternative lending brand, has brought together America's top factoring experts to launch a fast, convenient invoice factoring solution designed to support trucking owner-operators, fleets and freight brokers across the nation. Unlike other factoring providers, Transcap delivers same-day funding with no hidden fees, volume requirements, strict credit restrictions or long-term commitments.

Key Points: 
  • The company's frictionless online factoring platform offers same-day invoice factoring to trucking owner-operators, fleets and freight brokers across the U.S.
    CLEVELAND, Aug. 17, 2022 /PRNewswire/ -- Transcap, a fast-growing freight factoring and alternative lending brand, has brought together America's top factoring experts to launch a fast, convenient invoice factoring solution designed to support trucking owner-operators, fleets and freight brokers across the nation.
  • Unlike other factoring providers, Transcap delivers same-day funding with no hidden fees, volume requirements, strict credit restrictions or long-term commitments.
  • Transcap was launched by a group of industry-leading factoring experts, including Joel Adelman, the Founder and former CEO of Advance Partners.
  • We deliver freight factoring and alternative funding solutions designed to support owner-operators and fleets across the U.S. To learn more, visit Transcap.com .

UPD Holding Corp. Announces Opening of Substance Use Disorder Treatment Center in Kentucky

Retrieved on: 
Wednesday, August 17, 2022 - 8:45pm

Through its subsidiaries, the Company obtained a license to operate an IOP facility in Kentucky on August 26, 2021.

Key Points: 
  • Through its subsidiaries, the Company obtained a license to operate an IOP facility in Kentucky on August 26, 2021.
  • Since then, the Company has been approved by the Kentucky Department for Medicaid Services (DMS) and each of its privately contracted managed care organizations (MCOs) as a service provider to Kentucky Medicaid recipients.
  • The six MCOs currently contracted by DMS include: Aetna Better Health of Kentucky , Anthem Blue Cross Blue Shield , Humana Healthy Horizons in Kentucky , Passport Health Plan by Molina Healthcare , UnitedHealthcare Community Plan , and WellCare of Kentucky .
  • Vitals campus is located in Frankfort, Kentucky, which is the capital city of Kentucky and the hub for governmental assistance programs in the commonwealth.

401(play) and Access Development Join Forces To Reward Vacationing Workers

Retrieved on: 
Wednesday, August 17, 2022 - 8:00pm

ALBUQUERQUE, N.M., Aug. 17, 2022 /PRNewswire-PRWeb/ -- Saving up for a vacation got a little more rewarding today after Access Development announced a new partnership with employee travel benefits provider 401(play). Under the agreement, 401(play) enrollees will receive cashback rewards of up to 50% on purchases made using the Access Travel Platform.

Key Points: 
  • Under the agreement, 401(play) enrollees will receive cashback rewards of up to 50% on purchases made using the Access Travel Platform.
  • It will also include access to deeply discounted theme park tickets from the company's expansive network of entertainment providers.
  • "We share 401(play)'s vision for improving the lives and job satisfaction of workers everywhere through the power of travel," said Kelly Passey, president of Access Development.
  • "We help people save for vacations, and we leverage Access Development's extensive network, deep discounts and cashback feature to reward them for it generously.

Maximus Awarded Contract with Nebraska to Provide Technology Support for Medicaid Management Information Systems (MMIS)

Retrieved on: 
Wednesday, August 17, 2022 - 8:00pm

Maximus , a leading employer and provider of government services worldwide, announced it has been awarded a contract to support the modernization of the state of Nebraskas Medicaid Management Information System (MMIS) Provider module.

Key Points: 
  • Maximus , a leading employer and provider of government services worldwide, announced it has been awarded a contract to support the modernization of the state of Nebraskas Medicaid Management Information System (MMIS) Provider module.
  • The contract, which serves the Nebraska Department of Health and Human Services Medicaid program, furthers a partnership that began in 2015.
  • This contract is an important milestone for Maximus in our role as the leading supplier of software and services in the Medicaid market , said Chris Mirro, Senior Vice President, U.S. Services.
  • Within this contract, Maximus will be tasked with modernizing, streamlining, and advancing all provider activities in alignment with federal initiatives, including Medicaid Information Technology Architecture (MITA) and the Affordable Care Act (ACA).

WellSky® Submits Comment Letter to Centers for Medicare & Medicaid Services Regarding Home Health Proposed Payment Rule

Retrieved on: 
Wednesday, August 17, 2022 - 7:25pm

As a result, Medicare beneficiaries will likely have access to fewer home health options and services.

Key Points: 
  • As a result, Medicare beneficiaries will likely have access to fewer home health options and services.
  • In addition to the impact of the Proposed Rule on home health providers and, therefore, Medicare beneficiaries, it is important to note the downstream consequences for overall Medicare spending.
  • Under PDGM, the volume of therapy is not a measure within the payment model that affects the level of payment.
  • Our next-generation software, analytics, and services power better outcomes and lower costs for stakeholders across the health and community care continuum.