ABILTO Closes $6M Series B Financing
AbilTo, Inc., a New York, NY-based provider of remotely delivered, behavior interventions for high-cost medical populations, closed a $6m Series B financing. The round was led by BlueCross BlueShield Venture …
HME News: House Passes ‘Doc Fix’ That Includes One-Year ICD-10 Delay
The House of Representatives today voted to approve a “doc-fix” bill that includes a provision to delay ICD-10 implementation for a year. The Senate is also expected to take up …
AAHomecare: Congressmen Thompson and Braley push to Stop Competitive Bidding
Representatives Glenn Thompson (R-Pa.) and Bruce Braley (D-Iowa) have drafted a strongly worded letter to CMS Administrator Marilyn Tavenner citing problems with Medicare’s bidding program for home medical equipment. The …
UPMC ‘facility fee’ draws Highmark’s ire
Health insurer Highmark Inc. has been screaming about UPMC’s higher charges for cancer treatment, specifically a “facility fee” it says does nothing for the quality of care. But the higher …
WellPoint Announces Webcast of Its Conference with Investment Community
WellPoint Announces Webcast of Its Conference with Investment Community WellPoint, Inc. (NYSE: WLP) announced today that it will conduct a live webcast of its Investor Conference on Friday, March 21, …
HME News: Medline to open $18M distribution center
Medline Industries will open a new, state-of-the-art distribution center in Lincoln County, N.C., in early 2015, the manufacturer/distributor of medical and surgical supplies announced March 3. Medline expects to begin …
S&P: Highmark will survive breakup with UPMC
Health insurer Highmark Inc. will financially survive the end of its contract with UPMC in December, Standard & Poor’s Ratings Service concluded. S&P’s assessment was contained in a report this …
VCs make $3.2 million bet that your doctor will want to use Google Glass
Startup company Augmedix thinks that Google Glass has a bright future in the doctor’s office and it announced this week that it’s raised $3.2 million in venture capital to help …