Medicaid

HHAeXchange Names Scott Schwartz as Chief Operating Officer, Announces New Senior Vice President of Product

Retrieved on: 
Wednesday, February 21, 2024

NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- HHAeXchange , a leading provider of homecare management solutions for providers, managed care organizations (MCOs), and state Medicaid agencies, today announced that Scott Schwartz , formerly Chief Revenue Officer, has been appointed to Chief Operating Officer, and Lori Harrington has joined the team as Senior Vice President of Product.

Key Points: 
  • NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- HHAeXchange , a leading provider of homecare management solutions for providers, managed care organizations (MCOs), and state Medicaid agencies, today announced that Scott Schwartz , formerly Chief Revenue Officer, has been appointed to Chief Operating Officer, and Lori Harrington has joined the team as Senior Vice President of Product.
  • After serving as Chief Revenue Officer, Senior Vice President, and Vice President of Sales & Marketing at HHAeXchange for nearly seven years, Scott Schwartz will step into a new role as Chief Operating Officer.
  • In his new position, Schwartz will lead implementation, revenue cycle operations, integrations, technical customer care, training, and customer education.
  • For more information about HHAeXchange and its executive team, please visit hhaexchange.com/leadership and follow the company on Twitter , LinkedIn and Facebook .

GeneDx Reports Fourth Quarter and Full Year 2023 Financial Results and Issues Guidance for Full Year 2024

Retrieved on: 
Tuesday, February 20, 2024

ET

Key Points: 
  • ET
    STAMFORD, Conn., Feb. 20, 2024 (GLOBE NEWSWIRE) -- GeneDx Holdings Corp. (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic and clinical insights, today reported its financial results for the fourth quarter and full year of 2023.
  • Exome and genome represented 27% of all test results, up from 16% in the fourth quarter of 2022 and up from 23% in the third quarter of 2023.
  • Adjusted gross margin from continuing operations expanded to 56%, up from 41% in the fourth quarter of 2022 and up from 48% in the third quarter of 2023.
  • Excluding one-time items, representative continuing operations cash burn was $23.9 million in the fourth quarter of 2023.

Axsome Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Tuesday, February 20, 2024

Auvelity® net product sales were $49.0 million and $130.1 million for the fourth quarter and full year of 2023, the first full year of launch.

Key Points: 
  • Auvelity® net product sales were $49.0 million and $130.1 million for the fourth quarter and full year of 2023, the first full year of launch.
  • Total costs of revenue were $7.4 million and $26.1 million for the fourth quarter and full year of 2023, respectively.
  • Approximately 84,000 prescriptions were written for Auvelity in the fourth quarter of 2023, representing a 23% sequential increase versus the third quarter of 2023.
  • Axsome will host a conference call and webcast today at 8:00 AM Eastern to discuss fourth quarter and full year 2023 financial results as well as to provide a corporate update.

UnitedHealth Group Update on Change Healthcare Cyberattack

Retrieved on: 
Friday, March 8, 2024

UnitedHealth Group continues to make substantial progress in mitigating the impact to consumers and care providers of the unprecedented cyberattack on the U.S. health system and the Change Healthcare claims and payment infrastructure.

Key Points: 
  • UnitedHealth Group continues to make substantial progress in mitigating the impact to consumers and care providers of the unprecedented cyberattack on the U.S. health system and the Change Healthcare claims and payment infrastructure.
  • “We are committed to providing relief for people affected by this malicious attack on the U.S. health system,” said Andrew Witty, CEO of UnitedHealth Group.
  • We’re determined to make this right as fast as possible.”
    Based on our ongoing investigation, there is no indication that any other UnitedHealth Group systems have been affected by this attack.
  • For more information and access to all solutions provided by UnitedHealth Group, visit http://www.uhg.com/changehealthcarecyberresponse .

Modivcare’s NEMT Mobility App for Members Sets Best-in-Class Rankings and User Adoption, Pioneers New Advancements

Retrieved on: 
Wednesday, March 6, 2024

The app is also multilingual supported – offering Spanish and soon Polish, Mandarin, Cantonese, and Russian – to ensure broader populations can access vital NEMT services.

Key Points: 
  • The app is also multilingual supported – offering Spanish and soon Polish, Mandarin, Cantonese, and Russian – to ensure broader populations can access vital NEMT services.
  • The app incorporates fraud prevention geofencing, ensuring accuracy in mileage reimbursement submissions and enabling instant payment and reimbursement.
  • These solutions – backed by secure technology – ensure users are safe and protected throughout their entire trip management and reimbursement experience.
  • “We are excited to highlight these cutting-edge features, further solidifying our position as an industry leader in NEMT solutions,” said Ilias Simpson, President of Modivcare Mobility.

Children’s Hospital Los Angeles Study Finds Many Kids With Sickle Cell Anemia Lack Preventative Care

Retrieved on: 
Wednesday, March 6, 2024

Children with sickle cell anemia are vulnerable to serious infections and stroke, but many do not receive the preventative care that could help them stay healthier for longer, a Children’s Hospital Los Angeles study found.

Key Points: 
  • Children with sickle cell anemia are vulnerable to serious infections and stroke, but many do not receive the preventative care that could help them stay healthier for longer, a Children’s Hospital Los Angeles study found.
  • The researchers measured how many young children with sickle cell anemia received adequate preventative antibiotics to prevent infection and if children and adolescents with sickle cell anemia received annual brain ultrasounds to assess their stroke risk.
  • “What we found, unfortunately, was not what we’d hoped for,” says Ashaunta Anderson , MD, MPH, MSHS, Pediatrician at Children’s Hospital Los Angeles , who led the study.
  • Twice-daily doses of antibiotics, given consistently, can protect young children with sickle cell anemia from developing serious infections.

Lisa Bogard Named President of Wellpoint Washington

Retrieved on: 
Wednesday, March 6, 2024

Wellpoint Washington Inc. , a leading coordinator of Medicaid managed healthcare benefits in Washington and wholly owned subsidiary of Elevance Health , announced today that Lisa Bogard has been named as the health plan’s new president.

Key Points: 
  • Wellpoint Washington Inc. , a leading coordinator of Medicaid managed healthcare benefits in Washington and wholly owned subsidiary of Elevance Health , announced today that Lisa Bogard has been named as the health plan’s new president.
  • "It is a tremendous honor for me to step into the role of President at Wellpoint Washington," Bogard stated.
  • Bogard has more than 25 years of healthcare experience and executive leadership, including 17 years with Elevance Health.
  • Lisa has a Bachelor of Arts degree in Psychology from Southern New Hampshire University and Six Sigma Black Belt certification.

GSK Doubles COiMMUNITY Grant Funding, Launches Patient Resources, as Adult Vaccination Rates Begin to Show Promising Rise

Retrieved on: 
Thursday, March 7, 2024

GSK plc (LSE/NYSE: GSK) today announced additional funding and new data and resources under the COiMMUNITY Initiative to help achieve higher adult vaccination rates and health equity in the US and address ongoing barriers to adult immunization.

Key Points: 
  • GSK plc (LSE/NYSE: GSK) today announced additional funding and new data and resources under the COiMMUNITY Initiative to help achieve higher adult vaccination rates and health equity in the US and address ongoing barriers to adult immunization.
  • The COiMMUNITY Initiative complements recent industry and regulatory efforts to expand and improve adult vaccine availability, coverage and access.
  • GSK is equipping healthcare providers and their patients with simple tools to spur action and follow through on vaccination.
  • GSK will also continue to share new resources, tools and best practices in adult vaccine confidence and delivery via interactive webinars.

The MolinaCares Accord Provides Santee Sioux Nation $50,000 to Assist Members Following Tribal State of Emergency

Retrieved on: 
Wednesday, March 6, 2024

The Molina Cares Accord (“MolinaCares”), in collaboration with Molina Healthcare of Nebraska (“Molina”), provided a grant to support the Santee Sioux Nation ’s efforts to provide food and heat in the wake of a winter storm.

Key Points: 
  • The Molina Cares Accord (“MolinaCares”), in collaboration with Molina Healthcare of Nebraska (“Molina”), provided a grant to support the Santee Sioux Nation ’s efforts to provide food and heat in the wake of a winter storm.
  • The $50,000 donation will help purchase propane and food, both of which are not readily accessible on the reservation when storms hit.
  • In January, the Santee Sioux Nation declared a Tribal State of Emergency.
  • “We are proud to support the Santee Sioux Nation by helping to supply necessities for its members,” said Frank Clepper, plan president for Molina Healthcare of Nebraska.

FarmboxRx Launches Maternal Health Program to Nourish Underserved Expecting and New Mothers Nationwide

Retrieved on: 
Tuesday, March 5, 2024

FarmboxRx focuses on enhancing health outcomes for expectant and new mothers by ensuring access to healthy foods and providing condition-specific health literacy in each box.

Key Points: 
  • FarmboxRx focuses on enhancing health outcomes for expectant and new mothers by ensuring access to healthy foods and providing condition-specific health literacy in each box.
  • The Maternal Health Program empowers members with information about their health and promotes strategic utilization of other covered benefits.
  • Building a Maternal Health Program was a passion project for FarmboxRx Founder and CEO, Ashley Tyrner.
  • Beginning today, healthcare organizations can partner with FarmboxRx to support expectant mothers with nutritious foods and tailored educational materials to improve maternal health outcomes.​​ To learn more, visit https://farmboxrx.com/maternal-health/ .