UHC

Tava Health Raises $20 Million to Bridge the Gap in Mental Health Care with a Therapist-Centric Approach

Retrieved on: 
Wednesday, March 6, 2024

SALT LAKE CITY, March 6, 2024 /PRNewswire/ -- Tava Health, a trailblazing mental health company, successfully completed a $20 million Series B funding round led by Catalyst Investors. Existing investors Peterson Partners, Toba Capital, and SpringTide, along with new investor Blue Heron Capital, also participated in the funding round. The new capital will be utilized for extensive product development, expansion of Tava Health's provider network, and bolstering partnerships with employers and health insurance carriers. Kapil Desai, partner with Catalyst Investors, will join the company's Board of Directors as part of the investment.

Key Points: 
  • SALT LAKE CITY, March 6, 2024 /PRNewswire/ -- Tava Health, a trailblazing mental health company, successfully completed a $20 million Series B funding round led by Catalyst Investors .
  • "In a mental health landscape where timely access to care is crucial, Tava Health is a beacon of efficiency and accessibility."
  • By equipping therapists with tools to make them more productive, they can increase time with patients providing mental health care that is so desperately needed," said Dallen Allred, CEO of Tava Health.
  • "In a mental health landscape where timely access to care is crucial, Tava Health is a beacon of efficiency and accessibility."

CVS Health invests nearly $35 million in affordable housing in Hawai'i

Retrieved on: 
Thursday, February 22, 2024

WOONSOCKET, R.I., Feb. 21, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced its contribution of nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawai'i. Located in Lahaina, Maui and Kapolei, Oahu, the communities will also offer residents supportive social and educational programs tailored to address their specific needs. In addition to other multiple funding partners, these investments support the state of Hawai'i's priorities in early childcare and affordable housing and exemplify the power of public and private collaborations.

Key Points: 
  • WOONSOCKET, R.I., Feb. 21, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS ) today announced its contribution of nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawai'i.
  • In collaboration with Urban Housing Communities, Ikaika 'Ohana, and Hunt Capital Partners, CVS Health invested $17.5 million to help build 200 new affordable housing units at Kaiāulu o Kūku'ia in Lahaina, Maui.
  • With the addition of Kaiāulu o Kūku'ia and Parkway Village, CVS Health has invested $62.2 million in affordable housing across Hawai'i to date, highlighting the company's efforts to advance health equity by addressing social determinants of health at the local level.
  • CVS Health customers contributed over $2 million to our in-store fundraising campaign to support the Maui Strong Fund and the Maui United Way.

BDC Advisors Appoints Alexandra Criscione as Director with Focus on Payer-Provider Strategy

Retrieved on: 
Tuesday, February 13, 2024

MIAMI, Feb. 13, 2024 /PRNewswire/ -- BDC Advisors, a leading healthcare strategy consulting firm, is pleased to announce the appointment of Alexandra Criscione as Director in the Payer-Provider practice.

Key Points: 
  • MIAMI, Feb. 13, 2024 /PRNewswire/ -- BDC Advisors, a leading healthcare strategy consulting firm, is pleased to announce the appointment of Alexandra Criscione as Director in the Payer-Provider practice.
  • Alex's approach is to identify contracting solutions that benefit both parties while ensuring compliance, operational efficiency, and risk management.
  • Prior to joining BDC Advisors, Alex served as Vice President of Network Management at Sentara Health Plans.
  • Dr. Andy Ziskind, Managing Director and CEO of BDC Advisors, commented, "There has never been a more important time for healthcare organizations to review and update their payer strategies.

ProSomnus Comments on Insurance Coverage Policy Update for Obstructive and Central Sleep Apnea

Retrieved on: 
Monday, January 8, 2024

PLEASANTON, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- ProSomnus, Inc. (NASDAQ: OSA ) (the “Company”), the leading non-CPAP Obstructive Sleep Apnea (OSA) therapy™, welcomes the adoption of UnitedHealthcare’s updated medical policy (#2024T0525NN) for Obstructive and Central Sleep Apnea, effective March 1, 2024.

Key Points: 
  • PLEASANTON, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- ProSomnus, Inc. (NASDAQ: OSA ) (the “Company”), the leading non-CPAP Obstructive Sleep Apnea (OSA) therapy™, welcomes the adoption of UnitedHealthcare’s updated medical policy (#2024T0525NN) for Obstructive and Central Sleep Apnea, effective March 1, 2024.
  • Specifically, the policy states, “Failure of adequate trial of Oral Appliance therapy,” as the new medical policy of UHC.
  • “I am pleased to see this policy update acknowledging the role of oral appliances in the continuum of care for Obstructive Sleep Apnea,” commented Edward T. Sall, MD, DDS, MBA.
  • Modern oral appliances are safe, effective, comfortable, and easy for the patient to insert, remove and keep clean.

Foothills Sports Medicine Physical Therapy Forced to Drop United Healthcare Due to Low Reimbursement Rates

Retrieved on: 
Thursday, December 7, 2023

PHOENIX, Dec. 7, 2023 /PRNewswire-PRWeb/ -- Foothills Sports Medicine Physical Therapy (Foothills), Arizona's largest and highly regarded provider of musculoskeletal and physical therapy services, is taking a bold stance against UnitedHealthcare (UHC) for what it sees as a prioritization of profits at the expense of patient well-being. This comes in the wake of UHC's reported profit of $34 billion so far this year, while employer premiums continue to climb by 15% annually.

Key Points: 
  • -Mike Basten, CEO, Foothills Sports Medicine Physical Therapy
    "Throughout months of negotiations, we have faced challenges in reaching mutually agreeable reimbursement rates with UnitedHealthcare that adequately address the essential costs associated with delivering quality care," said Mike Basten, PT, DPT, MTC, CEO of Foothills Sports Medicine Physical Therapy.
  • Foothills has been recognized as Arizona's top rated physical therapy provider for multiple years; however, UHC's low reimbursement rates have forced Foothills to opt out as a network provider to maintain their uncompromising standards in delivering high-quality and affordable patient care.
  • Patients can also contact their employer's human resources department to ask that they add Foothills Physical Therapy back to their network.
  • "Our hope is that United Healthcare will reconsider its position and agree to provide us with fair reimbursement rates.

AvevoRx Welcomes Denise Stechman as its New Regional Director of Managed Care

Retrieved on: 
Wednesday, November 8, 2023

GREENSBORO, N.C., Nov. 8, 2023 /PRNewswire-PRWeb/ -- AvevoRx, a national, independent provider of specialty infusion pharmacy services, has welcomed Denise Stechman as regional director of managed care. The senior-level position will see Ms. Stechman lead a robust payor-facing team charged with identifying and signing new managed care contracts for AvevoRx. Ms. Stechman will work with managed care organizations such as HMOs, PBMs, and other payor entities throughout Western U.S. markets to further support the company's growth and geographic expansion.

Key Points: 
  • Company's latest senior-level position announced amidst a period of continuous, fast-paced growth and expansion for AvevoRx
    GREENSBORO, N.C., Nov. 8, 2023 /PRNewswire-PRWeb/ -- AvevoRx, a national, independent provider of specialty infusion pharmacy services, has welcomed Denise Stechman as regional director of managed care.
  • The senior-level position will see Ms. Stechman lead a robust payor-facing team charged with identifying and signing new managed care contracts for AvevoRx.
  • Ms. Stechman will work with managed care organizations such as HMOs, PBMs, and other payor entities throughout Western U.S. markets to further support the company's growth and geographic expansion.
  • Ms. Stechman brings to AvevoRx more than 30 years of experience, including several spent in payor and TPA industries.

World Psoriasis Day 2023: Access for All

Retrieved on: 
Thursday, October 26, 2023

STOCKHOLM, Oct. 26, 2023 /PRNewswire/ -- Every year on World Psoriasis Day, October 29th, the international psoriatic disease community unites to raise awareness and fight for progress.

Key Points: 
  • STOCKHOLM, Oct. 26, 2023 /PRNewswire/ -- Every year on World Psoriasis Day, October 29th, the international psoriatic disease community unites to raise awareness and fight for progress.
  • The theme of 2023, "Access for All," underscores the vital need for Universal Health Coverage (UHC) to ensure that everyone, regardless of their location, income, or health condition, can access essential health services.
  • This global initiative brings the entire community together to share knowledge and insights about psoriatic disease and UHC, taking a significant step towards a healthier world.
  • See Pierre from Rwanda tell his story: https://www.youtube.com/watch?v=mwGluozx1AU
    For further information about World Psoriasis Day 2023 and how you can participate: psoriasisday.org .

World Psoriasis Day 2023: Access for All

Retrieved on: 
Thursday, October 26, 2023

STOCKHOLM, Oct. 26, 2023 /PRNewswire/ -- Every year on World Psoriasis Day, October 29th, the international psoriatic disease community unites to raise awareness and fight for progress.

Key Points: 
  • STOCKHOLM, Oct. 26, 2023 /PRNewswire/ -- Every year on World Psoriasis Day, October 29th, the international psoriatic disease community unites to raise awareness and fight for progress.
  • The theme of 2023, "Access for All," underscores the vital need for Universal Health Coverage (UHC) to ensure that everyone, regardless of their location, income, or health condition, can access essential health services.
  • This global initiative brings the entire community together to share knowledge and insights about psoriatic disease and UHC, taking a significant step towards a healthier world.
  • See Pierre from Rwanda tell his story: https://www.youtube.com/watch?v=mwGluozx1AU
    For further information about World Psoriasis Day 2023 and how you can participate: psoriasisday.org .

Disappointment and Hope after U.N. General Assembly Wraps, says AHF

Retrieved on: 
Friday, September 22, 2023

The weeklong 78th U.N. General Assembly concluded today in New York City with the adoption of declarations on pandemic prevention, preparedness, and response (PPPR), tuberculosis (TB), and universal health coverage (UHC).

Key Points: 
  • The weeklong 78th U.N. General Assembly concluded today in New York City with the adoption of declarations on pandemic prevention, preparedness, and response (PPPR), tuberculosis (TB), and universal health coverage (UHC).
  • View the full release here: https://www.businesswire.com/news/home/20230922430411/en/
    A mobile billboard in Manhattan with advocacy messages about tuberculosis.
  • The video was displayed on a mobile billboard that drove all week in close proximity to the U.N. building to catch the attention of U.N. General Assembly delegates.
  • Global health must not be viewed as a charity – it has to be funded in a spirit of partnership and mutual support.”

African leaders warn of deadly malaria emergency and call for urgent action to address unprecedented funding shortfall

Retrieved on: 
Saturday, September 23, 2023

NEW YORK, Sept. 23, 2023 /PRNewswire-PRWeb/ -- African Union Heads of State and Government, global health leaders and development partners today issued a joint call for urgent action to address the looming malaria emergency. They warned that failure to act now will put at risk both the African Union's target of eliminating malaria in Africa by 2030, and the UN target of ending malaria epidemics by 2030.

Key Points: 
  • African Union Heads of State and Government, global health leaders and development partners today issued a joint call for urgent action to address the looming malaria emergency.
  • NEW YORK, Sept. 23, 2023 /PRNewswire-PRWeb/ -- African Union Heads of State and Government, global health leaders and development partners today issued a joint call for urgent action to address the looming malaria emergency.
  • "If we don't act swiftly to address the immediate gap of $1.5 billion and mobilise the necessary resources, we will undoubtedly see malaria upsurges and epidemics."
  • His Excellency President Umaro Sissoco Embaló, President of the Republic of Guinea-Bissau and Chair of the African Leaders Malaria Alliance painted an alarming picture: "We are at a critical juncture.