About 25% of U.S. healthcare spending — between $760 billion and $935 billion annually — is wasted, according to a new report published today. Researchers from Humana (NYSE:HUM) and the University of Pittsburgh School of Medicine searched medical literature from January 2012 to May 2019, looking for waste and savings opportunities in six domains of […]
Humana sues Abbott’s St. Jude Medical over CRM batteries
Humana (NYSE:HUM) leveled a lawsuit against Abbott (NYSE:ABT) subsidiary St. Jude Medical seeking to recoup payments it made for cardiac rhythm management devices that were later recalled due to a battery issue. In October 2016 St. Jude publicly revealed the risk that the lithium-based batteries used in its implantable cardioverter defibrillators and cardiac resynchronization therapy […]
NeoTract’s UroLift system gains expanded insurance coverage
Teleflex (NYSE:TFX) subsidiary NeoTract said that two more health insurers have agreed to offer coverage for the company’s UroLift system or patients with an enlarged prostate. The Wayne, Penn.-based subsidiary of Teleflex said that major U.S. insurer Humana and the Motion Picture Industry Pension & Health Plans (MPI), administered by Anthem Blue Cross, have added UroLift to its […]
Fitbit unveils array of new apps from health partners
Fitbit (NYSE:FIT) revealed today a suite of new apps and clock faces designed to help people manage their health, including a glucose monitoring app from Dexcom (NSDQ:DXCM) that is slated to launch in the second half of 2018. The Las Vegas-based company also announced programming from Diplomat Pharmacy, Humana (NYSE:HUM), One Drop and Walgreens. Get the full story at our sister site, Drug […]
Humana says U.S. government proposal would cut funding by up to 1.75 pct
(Reuters) – Humana Inc said on Monday that the U.S. government’s proposed payments to insurers that sell Medicare Advantage health plans would mean a 1.25 percent to 1.75 percent cut for the managed care company in 2016.
That is a steeper drop than the 0.95 percent figure the government proposed for the industry on Friday, but was still within expectations, analysts said, and Humana shares rose nearly 5 percent.
Stryker suit alleges that DePuy helped sales reps defect from company | Medtech legal news for the week of June 9, 2014
Humana levels racketeering lawsuit against Medtronic over Infuse bone graft
UPDATED June 2, 2014, with comment from Medtronic.
Uroplasty lands expanded reimbursement for overactive bladder treatment system
Uroplasty jumps on reimbursement win from Humana
Abiomed lands reimbursement expansion for Impella heart pump
Abiomed (NSDQ:ABMD) won expanded reimbursement for its flagship Impella heart pump from 4 private and Medicare Advantage insurers, including 1 of the largest names in the industry.
Humana, UnitedHealthcare Medicare Risk, Independence Blue Cross and Capital Blue Cross. The expanded coverage at the private or Medicare Advantage plans includes new Impella policies.
Gingrich: GOP’s Medicare plan is “right-wing social engineering”
Conservative icon Newt Gingrich, the former speaker of the U.S. House who’s mounting a run at the White House, lambasted a Republican plan to overhaul Medicare over the weekend, calling it "right-wing social engineering.”
Gingrich also voiced his support for the controversial lynch-pin of President Barack Obama’s landmark health care reform law, the so-called individual mandate, which is the object of a slew of constitutional challenges in courts around the country.
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