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Archive for the Insurance News Category

How Allegheny Health Network will be impacted by UPMC-Highmark deal

How Allegheny Health Network will be impacted by UPMC-Highmark deal

AHN has gone from near death as West Penn Allegheny to now eight straight quarters of positive operating revenue over expenses. Source link

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Health-tech firm raises $25 million to bolster growth efforts, hire staff

Health-tech firm raises $25 million to bolster growth efforts, hire staff

Company officials said it is hiring for all three of its offices: Austin, Scottsdale and San Francisco. The company was founded in Arizona but relocated its headquarters to Texas in 2016. Source link

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Olive adds 85 jobs in 4 months, on pace to triple revenue – again

Olive adds 85 jobs in 4 months, on pace to triple revenue – again

In just four months, Olive has created 85 of 100 new jobs promised as a two-year goal. And it’s on pace for the second consecutive year of tripling annual revenue. Source link

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Margot Schoenborn becomes CEO of fast-growing OmniSeq

Margot Schoenborn becomes CEO of fast-growing OmniSeq

Margot Schoenborn has quite the resume. Now she gets to add yet another interesting professional experience: biotech boss. Schoenborn has been named the CEO of OmniSeq, which develops and sells molecular diagnostic tests that show cancer patients what kind of targeted therapies might work on them. OmniSeq […]

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KC charity will invest $5M to fund research into a cure for PKD

KC charity will invest $5M to fund research into a cure for PKD

The PKD Foundation will invest nearly $5 million on research over the next two years to fund treatment studies and research polycystic kidney disease. “For the past 36 years, our goal has been to support PKD patients from care to cure. With the support of generous donations, […]

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Williamson County sues Purdue Pharma, CVS, Walmart, others over opioid crisis

Williamson County sues Purdue Pharma, CVS, Walmart, others over opioid crisis

Williamson County has filed a lawsuit against major manufacturers, distributors and retailers of pharmaceutical opioids, saying that these companies have caused harm, death and also cost a great deal of money for the county. In the lawsuit filed June 14 in Williamson County District Court, the county […]

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ECMC partners with UB on Kensington Heights redevelopment

ECMC partners with UB on Kensington Heights redevelopment

A year after acquiring a 17-acre site, Erie County Medical Center Corp. has announced a plan to redevelop the long-vacant property. The property, which previously housed the Kensington Heights low-income housing complex, sites behind the hospital’s 65-acre campus on Grider Street.  ECMC will work with the University […]

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Highmark-UPMC deal covers something new: Out-of-network emergency department visits

Highmark-UPMC deal covers something new: Out-of-network emergency department visits

But UPMC Hillman Cancer Center will remain out-of-network for the Highmark subscribers who are in the lower-benefit, narrower-network plans. Source link

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Partners HealthCare appoints first-ever female CEO

Partners HealthCare appoints first-ever female CEO

The board of Partners HealthCare has named Dr. Anne Klibanski as president and CEO. She becomes the first female CEO in the organization’s history. Klibanski has been interim president and CEO since February, when Dr. David Torchiana retired from the role. She will oversee the state’s largest […]

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Chandler opioid sales rep avoids jail time in kickback scheme, report says

Chandler opioid sales rep avoids jail time in kickback scheme, report says

A sales representative with a Chandler-based opioid manufacturer has avoided prison time in relation to her involvement with a company-wide bribery scheme. KTAR.com reports Natalie Levine, 35, received a sentence of five years probation in federal court in Connecticut this week. Levine was a sales a rep […]

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