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UnitedHealthcare Faces Class Action Over Refusal to Cover Proton Beam Therapy


UnitedHealthcare Faces Class Action Over Refusal to Cover Proton Beam Therapy
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Several plaintiffs have sued UnitedHealthcare Insurance (United) over allegations that the insurer systematically has denied coverage for proton beam therapy. Participants allege that the therapy, while more expensive, is also more effective in cancer treatment. Plaintiffs argued that the treatment has been approved by FDA since 1988, shown safe and effective by medical organizations and regularly recommended and used by medical facilities and providers. The United States District Court for the District of Massachusetts agreed with plaintiffs and denied United’s 12(b)6 motion.
United considers proton beam therapy experimental unless it is used to treat prostate cancer. Several other insurers have also been hit with class suits in recent years for their failure to cover proton beam therapy, including Humana Insurance, Blue Shield of California and Blue Cross Blue Shield of North ....

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TerraCap Management Acquires Two-Building Office Park in Phoenix for $103,500,000


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PHOENIX, Jan. 20, 2021 /PRNewswire/  TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, Florida, announced today the acquisition of the Anchor Centre for $103,500,000.  
TerraCap Management
Anchor Centre is a two-building, 333,000 square foot, Class A office park located on Camelback Road in Phoenix, AZ.  The property consists of two fully renovated, multistory office buildings situated in a campus like setting in a highly desirable location near the City of Scottsdale. Located on the intersection of 24th Street and Camelback Road, the Anchor Centre has access to numerous retailers and connectivity to all of metro Phoenix.  The property also features its own on-site amenities, such as a newly renovated gym and conference room, structured parking, an on-site deli, and a popular local restaurant.  Steve Hagenbuckle, Founder and Managing Partner of TerraCap said,  We are proud to own ....

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