Reimbursement
This week's top stories include baby tech company Owlet pulling its connected-sock wearables following an FDA warning letter, and TeamHealth's victory in a lawsuit accusing UnitedHealthcare of engaging in unfair reimbursement practices.
Gravie Pay wants healthcare billing without "gotchas," says Ben Simmons, VP of insurance at Gravie.
Around two million people receive coverage through Massachusetts' Medicaid program.
This week's top stories include projections that hospitals could lose $54 billion this year, Apple looking to add a feature that could detect potential mental illness, and a link found between ransomware and increased mortality rate.
The company has $6 million in seed funding from Lightspeed Venture Partners, Define Ventures and Qiming Venture Partners USA.
Also: Kenshō Health, which helps patients find holistic healthcare providers, raised another $3.5 million.
Researchers found patients who used reSET-O along with buprenorphine and counseling lowered their healthcare costs by $2,385 per person in the six months after they started using the app, compared with the six months before.
This week's top stories include UnitedHealthcare re-examining a policy that allows it to deny ER claims, Apple unveiling walking stability assessments for the iPhone, and Mount Sinai catering to patients with limited English proficiency.
Former CEO Ed Cox tells the story of Dthera Sciences and outlines how the digital therapeutics landscape has shifted since his company's heyday.
Hillrom says that lower-than-expected reimbursement rates proposed in late January void the deal. But the cardiac-monitoring device maker asserts they were accounted for during negotiations.