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Total 81 results found since Jan 2013.

Insurance companies sue energy corporation after it was blamed for helping start Colorado wildfire
Dozens of insurance companies are suing Minneapolis-based Xcel Energy to recoup money paid out to homes and businesses lost in Colorado's most destructive wildfire in 2021. The lawsuit was filed Thursday, a few weeks after investigators announced that a sparking power line owned by Xcel was one of…#minneapolis #xcelenergy #colorado #xcel #christian #denver #boulder #xcelenergys #midwest #marshallfire
Source: Reuters: Health - July 11, 2023 Category: Consumer Health News Source Type: news

SHM Advocates for Hospitalists and Their Patients
Advocacy, simply put, is the act of pleading or arguing in favor of something. It’s raising the concerns and voices of a group to efficiently influence decisions and affect change within political, economic, and social institutions. This is exactly what SHM has been doing on behalf of its members and their patients for decades.  Often the process and results of advocacy go unseen and seem to move at a snail’s pace. Regardless, SHM staff and volunteer clinician members of SHM’s public policy committee (PPC) constantly find effective ways to combat issues that negatively impact hospitalists’ ability to deliver high-...
Source: The Hospitalist - May 2, 2022 Category: Hospital Management Authors: Ronda Whitaker Tags: Advocacy Business of Medicine Career Health Policy Medicare Source Type: research

Bright Health files for initial public offering
The Minneapolis-based health insurance company intends to offer its stock on the New York Stock Exchange under the ticker "BHG."
Source: bizjournals.com Health Care:Biotechnology headlines - May 19, 2021 Category: Biotechnology Authors: Carrigan Miller Source Type: news

Bright Health buys telehealth startup Zipnosis
Telehealth startup Zipnosis Inc. has been acquired by insurance company Bright Health Group Inc. Terms of the deal between the two Minneapolis-based companies were not disclosed. New York-based Cain Brothers, Zipnosis' financial adviser, announced the deal Thursday. Bright Health confirmed that the acquisition had been made but didn't provide further comment. Zipnosis couldn't immediately be reached for comment. RELATED: Zipnosis CEO Jon Pearce was part of the Business Jo urnal's annual Health Care…
Source: bizjournals.com Health Care:Biotechnology headlines - April 9, 2021 Category: Biotechnology Authors: Carrigan Miller Source Type: news

Olive makes $120M acquisition on heels of record funding round
Olive AI Inc. has acquired another healthcare artificial intelligence startup for $120 million, the company said, days after closing a $226 million venture capital round. Verata Health, based in Minneapolis, makes software to automate the process of obtaining authorizations from insurance companies before a medical procedure. Adding its 60 employees, including Boston and Orlando offices, brings Columbus-based Olive close to 500 jobs nationwide, according to a news release. Olive was valued at $1.5…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - December 4, 2020 Category: Pharmaceuticals Authors: Carrie Ghose Source Type: news

Bright Health names Mike Mikan new CEO; Jeff Immelt joins board
Startup insurance company Bright Health announced Thursday that current president Mike Mikan will step into the role of CEO effective April 30. Current CEO and co-founder Bob Sheehy will serve as the executive chairman of Minneapolis-based Bright's board. Mikan was hired as president in Sep. 2019. Before Bright, Mikan was an executive at UnitedHealth Group Inc., as well as the interim CEO of Best Buy Co. Inc. “Bright Health is fundame ntally changing the health care experience in this country,”…
Source: bizjournals.com Health Care:Biotechnology headlines - April 23, 2020 Category: Biotechnology Authors: Carrigan Miller Source Type: news

Minimally Invasive Surgery Through the Eyes of a Surgeon
One of the best parts of an event like MD&M West is the opportunity to put a cross-section of experts from industry in the same room as engineers and end-users and talk about the biggest trends in medical devices. One such discussion that took place here in Annaheim, CA on Tuesday included an expert robotic surgeon, an expert from Intuitive Sugical (which, as you likely know by now, pioneered robotic surgery a little more than 20 years ago), and a new robotic surgery company that is trying to to take this technology beyond the surgical suite. I shared a few insights from this lively panel discussion here, but prior to...
Source: MDDI - February 11, 2020 Category: Medical Devices Authors: Amanda Pedersen Tags: Business Source Type: news

Disability Claimant Cannot Collect Consequential Damages, Judge Says
MINNEAPOLIS - A Minnesota federal judge on Jan. 3 granted a disability insurer's motion for partial summary judgment after determining that a disability claimant failed to prove that the insurer's termination of disability benefits caused the claimant to sustain consequential damages in the form of lost employer-provided health and life insurance (Matthew J. Christoff v. Paul Revere Life Insurance Co., No. 17-3515, D. Minn., 2020 U.S. Dist. LEXIS 808).
Source: LexisNexis® Mealey's™ Disability Insurance Legal News - January 13, 2020 Category: Medical Law Source Type: news

What ’s the Big Deal about Data in Medtech?
Discussion, “Top 5 Things You Need to Know about the Implantable Internet of Things." Brian Chapman, partner and leader of ZS’s medtech practice of ZS, attributes today’s focus on data to the intersection of two important things: "A general recognition that understanding more and connecting actions with outcomes will provide feedback and understanding that will drive standards of care. This is not new, but as capabilities rise in data collection, aggregation, and synthesize rise, and coupled with machine learning, the promise of data in healthcare is becoming even more ...
Source: MDDI - December 20, 2019 Category: Medical Devices Authors: Daphne Allen Tags: Digital Health Source Type: news

Facebook Makes Its Healthcare Debut
Cristin Moran, CEO of Growth Science, said it best last week at MD&M Minneapolis when she said almost every industry is interested in healthcare. We've already seen Apple, Amazon, Microsoft, and Google make power moves in healthcare, so it should come as no surprise that Facebook has now made its healthcare debut. The social media giant announced this week that it is developing products and partnerships aimed at connecting people with healthcare resources, starting with a new Preventive Health tool for U.S. consumers. Facebook said it is working with U.S. health organizations to offer the new tool, which is...
Source: MDDI - October 30, 2019 Category: Medical Devices Authors: Amanda Pedersen Tags: Digital Health Source Type: news

Growing competition creates ways Minnesota employers can control healthcare costs
New health insurance choices give Minnesota companies opportunities to manage risk, reduce costs, and control claims. “The market is opening up for creative solutions,” said Erik Hinz, a Minneapolis-based Sales Executive for The Horton Group, an insurance, employee benefits, and risk advisory firm. Minnesota companies have traditionally bought insurance from one of only three primary insurers. “Every ye ar at their renewal, companies would have to pick the least-worst option because there…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - October 14, 2019 Category: Pharmaceuticals Authors: Jim Molis Source Type: news

Inspire Medical scores reimbursement win from UnitedHealth
Inspire Medical Systems (NYSE:INSP) logged another reimbursement win, this time with the nation’s largest private insurer, UnitedHealth. Minneapolis-based Inspire makes an eponymous device designed to treat obstructive sleep apnea using hypoglossal nerve stimulation. UnitedHealth has about 41 million lives under coverage, Inspire said. “We are very pleased to receive this positive coverage decision from UnitedHealthcare. As health plans continue to update their coverage policies to include Inspire therapy, an increasing number of patients and physicians will have access to our innovative therapy,” preside...
Source: Mass Device - July 8, 2019 Category: Medical Devices Authors: Brad Perriello Tags: Featured Neuromodulation/Neurostimulation Respiratory Wall Street Beat Inspire Medical Systems Inc. Reimbursement UnitedHealth Group Source Type: news

Inspire Medical Systems lands insurer reimbursement win
Inspire Medical Systems said yesterday that it won a positive coverage policy for its Inspire therapy, intended to treat obstructive sleep apnea, from insurer Blue Cross of Idaho. The Minneapolis-based company’s Inspire system is a closed-loop, pacemaker-like system designed to stimulate nerves to keep airways open during sleep to treat obstructive sleep apnea. The coverage policy issuance comes shortly after the Blue Cross Blue Shield Association’s Evidence Street issued a positive assessment of Inspire therapy to its members. The new reimbursement win will make the therapy available to Blue Cross of Idaho’s...
Source: Mass Device - January 15, 2019 Category: Medical Devices Authors: Fink Densford Tags: Business/Financial News Respiratory Inspire Medical Systems Inc. Source Type: news