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NCHS Awarded $5
Million; AltaMed Wins Too
A $5 million grant has been awarded to North County Health Services,
part of a $728 million nationwide program contained in the 2009
Affordable Care Act to help
community health programs expand their capacity by new construction and
renovating existing centers. Also,
AltaMed Health Services was awarded $500,000. (Irma Cota, San
Diego; Castulo de la Rocha, Los Angeles)
OneLegacy Sees Spike in Organ Donation
Registration
California's organ donation database had a
significant increase in registrations last week after Facebook introduced an optional "organ donor" status designation.
Tom Mone, CEO of OneLegacy, the federally
designated organization that does organ recovery in Southern California, didn’t know about the Facebook plan until
last Tuesday, and was thrilled with the news. By late Tuesday, the
Donate
Life California website reported an increase of over
1,300% in online registrations from Monday. Tom also shared that
he
worked with Steve Jobs on a piece of legislation in California that will
take effect this autumn, which will set up a registry for people who
want to donate organs while they are still alive. Tom
also said he’s supporting legislation that would incorporate organ
donation into school health classes. (Tom Mone, Los Angeles)
Paul Hastings
Advises Ardea Biosciences in Acquisition
Ardea Biosciences, a San Diego, CA-based biotechnology company, is being
represented by Paul Hastings LLP in its
$1.26 billion all-cash acquisition by AstraZeneca.
Ardea is focused on the development of small-molecule therapeutics for
the treatment of serious diseases.
Global M&A chair and partner
Carl Sanchez led the Paul Hastings team. (Carl
Sanchez, San Diego; Jim Owens, Los Angeles; Mike McKinnon, Orange County)
PerfectServe Deemed a "Cool Vendor"
Gartner, Inc. has named PerfectServe to its "Cool Vendors in
Healthcare, 2012" report. Cool
Vendors are selected for being innovative, impactful and intriguing,
according to Gartner, and are true innovators that have found nuanced
ways to apply technology to practical administrative, clinical and
social problems of delivering healthcare. (Gene Barduson, San Diego)
QSI Acquires Matrix
Management Solutions
To support the growth of its NextGen Practice Solution
offering, Quality Systems, Inc.
has acquired Matrix Management
Solutions, an Ohio-based value-added reseller. This enables NextGen to expand its footprint among private and
hospital-based physicians and groups by leveraging Matrix's revenue
cycle management
expertise. (Steve Plochocki, Orange
County)
Robert Bosch Healthcare Teams with Waldo Health
Waldo Networks, Inc. (aka Waldo Health) and Robert Bosch Healthcare
Systems have entered into a licensing agreement that gives Waldo the
right to sell products and services incorporating technologies from
Bosch’s extensive telehealth portfolio, which consists of 145+ issued
U.S. patents and 60+ U.S. patent applications and foreign equivalents. (Jasper zu Putlitz, San
Francisco)
State Launches "Health Happens in the Workplace"
A pilot state government workplace wellness program has been announced
by The California Endowment, Kaiser Permanente,
HealthCorps, California State Controller John Chiang, State Treasurer
Bill Lockyer, the
Department of Personnel Administration, CalPERS, and the SEIU Local
1000. The two-year pilot will be based on proven interventions with a
focus on increasing physical activity, eating better, and reducing
stress. Benchmarks will be established so that both changes in the
health status of the participating employees and savings to the State
can be measured.
Also,
Kaiser Permanente has joined with HBO, the
National Institutes of Health, the
Institute of Medicine, the
Michael & Susan Dell Foundation, and
Centers for Disease Control and Prevention to launch The Weight of
the Nation - a four-part documentary series that will be
available to all cable subscribers
(not just HBO) on May 14 and 15. These organizations have launched a
public-health campaign during May aimed at obesity, excess weight, and
their effects on the nation’s health. (Kathlyn Mead, Los Angeles; Dan
Edmonds-Waters, San Francisco; Chris Boyd, Silicon Valley)
Anthem Blue Cross Intro's Availity Info Network
Availity, a new information network, is now available to Anthem Blue
Cross network physicians and hospitals. Providers can use the
secure, Web-based exchange to quickly and easily obtain current
insurance coverage information on patients (including eligibility and
benefits); submit claims online and monitor their status; access patient
clinical history and care alert messages; and access CareProfile,
Availity's claims-based EMR. (Pam Kehaly, Los Angeles)
AT&T Announces
Remote
Patient Monitoring Service
Valued Relationships Inc. (VRI) and AT&T will deliver a remote
patient monitoring service to more effectively manage chronic diseases
and help reduce hospital readmissions. The end-to-end managed solution
will allow a VRI nurse-staffed telemonitoring center to monitor patients
around the clock for everything ranging from basic vital signs to
chronic diseases, following standard of care guidelines established by
physicians and healthcare providers. The intelligent service can alert
caregivers when intervention is needed. (Judi
Manis, Orange County; Marina Younani, San Francisco)
Fundraisers: Catasys & Independa
Catasys, Inc. has closed a private placement to raise
approximately $3.4 million with institutional and other accredited
investors. And,
Independa has closed its convertible note funding at $2.35 million,
with investment that surpassed the target of $2.2 million. (Rick
Anderson, Los Angeles; Kian Saneii, San Diego)
CEI's Peter Szutu Recognized as Outstanding
Peter
Szutu, CEO of Center for Elders Independence, the East Bay
Area’s PACE program, is being honored as “Outstanding Mentor of the
Year” by Aging Services of California, at their Annual Conference and
Exposition, May 7 - 9. Since joining CEI in 1994, Peter has nurtured its
growth from 80 participants to over 500, from one site to four. He has
also actively mentored his staff and others who are dedicated to helping
seniors, particularly the poor, frail elderly, age well into the future.
(Peter Szutu, San Francisco)
CMS: Over $3.4
Billion Saved on Rx
Seniors
and people with disabilities with Medicare have saved a total of $3.4
billion on prescription drugs since the enactment of the Affordable Care
Act through March of 2012, according to the Centers for Medicare &
Medicaid Services. In the first three months of 2012, 220,000+
people saved an average of $837 on the prescription drugs they purchased
after they hit the prescription drug donut hole, for a total of $184.5
million in savings. This builds on the $3.2B saved in 2010 and 2011 on
prescription drugs by over 5.1 million people with Medicare. In
addition, from January through March, 8.9 million people in traditional
Medicare received at least one preventive service at no cost to them,
including over 560,000 who utilized the new Annual Wellness Visit. In
2011, over 32.5 million people in traditional Medicare received one or
more preventive benefit free of charge.
(Dave Sayen, San Francisco)
Cigna Wins Montana
Contract + Honored in Arizona
The state of Montana has awarded Cigna a three-year contract to
provide health services to over 30,000 state employees and family
members, beginning in 2013. Meanwhile,
Cigna
Medical Group was honored by The Arizona Partnership for Immunization
with the “Dr. Daniel T. Cloud Outstanding Practice Award” in recognition
of its leadership and excellence in immunizing Arizona children –
reaching 90% coverage levels.
(Chris De Rosa,
Orange County; Lora McPhail, Leadership Round Table)
Doximity Achieves
New Milestone
In the year since its launch, Doximity has grown to over 50,000
active physicians and is now used by 9% of all doctors in the U.S. In
that time, Doximity has facilitated more than one million connections
between doctors, affecting the care of tens of millions of patients.
In the past year, Doximity has also secured partnerships with leading
research, medicolegal, and second opinion firms to build ExpertFinder,
which matches Doximity physician CVs with paid consulting and interview
opportunities. In total, Doximity's clients paid over $100 million in
honoraria to physicians last year.
(Jeff
Tangney, San Francisco)
GSK Collaborates
with Yale on Drug Discovery
Yale University and GlaxoSmithKline have established a drug
discovery research collaboration to design a potential new class of
medicines that degrade disease-causing proteins. It combines GSK’s
expertise in medicinal chemistry with Yale’s pioneering work on
proteolysis targeting chimeric molecules (PROTACs). PROTAC technology
guides disease-causing proteins to a cell’s “garbage disposal” where
they can be destroyed. Mutant or higher-than normal amounts of these
proteins typically drive disease progression in areas such as oncology,
inflammation and infections. (Arlene
Kirsch, San Francisco)
HeartMath Teams
with Huffington Post on New App
The Huffington Post and HeartMath LLC have partnered to
release a new app in June called GPS for the Soul that will
proactively address the persistence of the world’s stress epidemic. The
goal is to provide millions of people with tools, techniques, and
technology to take charge of stress and find more joy, peace, and
quality in life. Meanwhile,
registration is open for Bruce Cryer's workshop, "The
Regenerative Power of Heart Intelligence: Restoring Balance, Harmony and
Resilience with the HeartMath System" in Montefalco, Italy, Sept.
13-18, 2012. (Bruce Cryer, Silicon Valley) Keenan
Reviews Proposed Workers' Comp Legislation
A new Briefing is available from Keenan:
2012 Workers' Compensation Legislation
Introduced, which discusses some of the proposed legislation
introduced in the California Assembly and Senate by the bill
introduction deadline of February 24, 2012. (Steve Richter, Los
Angeles)
Linden Makes Acquisitions
Linden Capital Partners has completed the acquisition of SeraCare Life
Sciences, Inc., of Massachusetts, which provides products and services to facilitate the discovery, development, and
production of human diagnostics and therapeutics.
Also, Linden-owned CORPAK MedSystems, Inc., a developer, manufacturer, and
marketer of medical devices for the enteral feeding and bedside-location
markets, announced a definitive agreement to acquire the
intellectual property of Micronix, Pty Ltd. (Tony Kesman) |
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Tips
on Managing the "Confusion" of Hospital Pricing
A recent article in the
New York Times -
The Confusion of Hospital Pricing - discussed a new study which
found hospital charges for various procedures to be “all over the map” -
even among patients treated for the same condition at the same hospital.
“We expected to see variations of two or three times the amount, but
this is ridiculous,” said Dr. Renee Y. Hsia, the study’s lead author and
an assistant professor of emergency medicine at UC San Francisco.
“There’s no other industry where you get charged 100 times the same
amount, or 121 times, for the same product,” she said. The article
concludes with “some advice from experts”:
*Hospitals
in Network:
When you purchase or renew a health insurance policy, learn which local
hospitals are in your network and when pre-approval is required. Inquire
about out-of-network coverage in advance of travel. If possible, avoid
plans that base out-of-network reimbursement on Medicare rates, which
are comparatively low.
*Insurance Coverage: If you need an elective procedure and
are insured, ask your insurer for an E.O.B. - an explanation of benefits
- before the treatment. If you have insurance and the procedure is
pre-approved, get it in writing.
*Pricing Information: If
you’re uninsured or have a
high-deductible policy, and if your state has hospital pricing
transparency laws, contact the appropriate person at each hospital for
pricing information. State hospital associations may help. Consult the
Healthcare Blue Book to get an idea of fair prices, but remember that’s
no guarantee. Under the Affordable Care Act, all hospitals are supposed
to publish their prices for common services by 2014. If you manage to
get an estimate of charges from a hospital, make sure you know exactly
what services are included. Physician fees are billed separately, for
instance - an anesthesiologist’s charges are separate from a surgeon’s.
Having medical billing codes is helpful.
*Physicians’ Fees: Broach the subject of charges with your
doctor, even if it’s uncomfortable.
FairHealth, an independent nonprofit corporation, provides medical
pricing information.
Healthcare Blue Book suggests asking your doctor to sign a binding
price estimate in advance and suggests language in this
example. (well.blogs.nytimes.com,
4/23/12)
Few
Doctors Consider Themselves Rich - Survey
In
2011, compensation self-reported by surveyed physicians ranged from an
average of $156,000 for pediatricians to $315,000 for radiologists and
orthopedic surgeons, according to
survey results released by Medscape. Also found, 51% of all
physicians, and 46% of primary care physicians, think they’re
compensated fairly. Only about 11% of doctors consider themselves rich,
mostly because of their debts and expenses, according to Medscape. More
than half said they expect their incomes to decline because of ACOs
(although very few were participating in such a system), and 25% said
quality measures and treatment guidelines will improve patient care.
Overall, 54% of physicians said they would choose medicine as a career
again; 41% said they would choose the same specialty and 23% would
choose the same practice setting.
(Kaiser
Health News, 4/25/12)
Guidelines
Given on Social Media Use by Docs
The
Federation of State Medical Boards (FSMB) House of Delegates recently
adopted
new policy guidelines on the appropriate use of social media and
social networking sites by physicians – developed to encourage
physicians who use social media to protect themselves from unintended
consequences. Recommendations include: *Physicians should only have
online interaction with patients when discussing the patient’s medical
treatment within the physician-patient relationship – and these
interactions should never occur on personal social networking or social
media websites. *Patient privacy and confidentiality must be protected
at all times, especially on social media and social networking websites.
Although physicians may discuss their experiences in non-clinical
settings, they should never provide any information that could be used
to identify patients. *Physicians should be aware that any information
they post on a social networking site may be disseminated to a larger
audience, and that what they say may be taken out of context or remain
publicly available online in perpetuity. (FSMB release, 5/2/12)
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