Cigna, Aetna, Anthem and IBM are among the major insurers and tech firms backing a new blockchain venture announced Thursday.
The venture, called Avaneer Health, seeks to create a “seamless, end-to-end experience and eliminate the inefficiencies afflicting today s healthcare system,” according to a statement.
Blockchain technology will help Avaneer improve the care experience by lowering costs and removing administrative barriers and inefficiencies that slow care delivery, according to the statement.
Startup investors in Avaneer include Aetna, Anthem, Cleveland Clinic, Health Care Service Corporation (HCSC), IBM, The PNC Financial Services Group, Inc. and Sentara Healthcare.
Stuart Hanson, currently managing director and senior healthcare industry executive at JPMorgan Chase, was named CEO of Avaneer.
New Treatment for Severe Emphysema Now Covered Under Medical Mutual of Ohio
Spiration ® Valve System COPD Treatment Shown to Improve Quality of Life Now Available to Medical Mutual of Ohio members
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CENTER VALLEY, Pa., June 3, 2021 /PRNewswire/ Olympus announced today that Medical Mutual of Ohio updated its coverage to include the Spiration
® Valve System for eligible patients suffering from severe emphysema, a form of Chronic Obstructive Pulmonary Disease (COPD). This coverage provides a minimally invasive treatment alternative for eligible patients.
The FDA-Approved Olympus Spiration® Valve System Is a Breakthrough Device Used for the Therapeutic Treatment of Severe Emphysema, a Form of COPD.
Blue Cross and Blue Shield of Oklahoma reached an agreement with the state's largest physician group, just weeks before the transition period out of its contract with OU Health Physicians was set to end.
More and More Doctors Abandoning Private Practice By Kerry Dooley Young
May 27, 2021 Fewer doctors are opting to run their own small private practices, with more seeking jobs in hospitals or larger medical groups, according to a new report.
These patterns likely reflect broader trends toward consolidation in health care, with both insurance companies and hospitals also having grown in size in recent years.
The latest biennial analysis of doctors’ practices by the American Medical Association showed an acceleration of a trend away from private practice, defined as a practice wholly owned by physicians. The 2020 results found less than half 49.1 % of doctors involved in patient care worked in a private practice, the AMA said in a report released this month.
In
Jessica U. v. Health Care Service Corp., a Montana district court held that an ERISA plan administrator improperly denied benefits for mental health residential treatment based solely on so-called Milliman Care Guidelines that were not included in the plan documents.
The Milliman Care Guidelines ( MCG ) are a set of health industry best practices, guidelines and diagnostic criteria published by MCG Health for providers and health plans. Although the MCG are widely used by health care professionals, the
Jessica U. case illustrates that plan administrators must use caution when relying on the guidelines, or other materials outside of the plan, as grounds to deny health benefits.