Lake Nona Medical City’s first class of health care tech startups is underway.
The Health Box Studio program will help grow 11 companies through the end of June, when they will make a pitch for investor money. Products range from software to artificial intelligence to a smart pill box.
Jessica Houston is with Guide Well, Florida Blue’s Parent, which has hosted the HealthBox in other parts of the state.
“We had studios across Florida, in Jacksonville, Tampa and Miami,” Houston said. “This is the first time we’re hosting the studio in Lake Nona.”
Insurers are seeking double-digit rate increases for 2017 health plans that will be sold to individual Floridians under the Affordable Care Act, a reflection of increasing medical costs and the end of a safety net for insurers.
Sacred Heart Health System and Florida Blue approved a new contract that will give members access to the hospital system’s services for the next three years, the Northwest Florida Daily News reports.
The Panhandle-area hospitals owned by Ascension Health Care sent letters to customers saying they had been unable to reach an agreement with Florida Blue and could part ways by July 1, according to the Daily News.
Add Florida Blue to the list of insurers notifying policyholders they are near a negotiation deadline with a Florida hospital system.
The Northwest Florida Daily News reports that the contract between Jacksonville-based insurance company and Sacred Heart Hospital of Pensacola ends June 30. Both parties told the Daily News they are optimistic an agreement can be reached by the deadline.
ByJannifer Harper and Scott McClelland•Mar 29, 2015
A subject that is receiving attention from Florida Legislators this session relates to the use of pharmaceuticals and how those prescription drugs are provided to patients.
A topic of particular interest is step therapy, where patients are prescribed historically proven drugs that are both medically effective and cost effective before “stepping up” to more expensive drugs (sometimes name brands).
The state’s largest health insurer, Florida Blue, will be eliminating 150 jobs this week, the Palm Beach Post reports. That’s between one and two percent of the company’s workforce of nearly 11,000 employees. According to the Post, company officials didn't say what departments or regions will be affected.
From a tailgating party with Gator fans in Gainesville to a beer festival in Pensacola, Floridians had plenty of opportunities Saturday to get in-person help signing up for health insurance under the Affordable Care Act. And as the second year of enrollment kicks off, U.S. Health and Human Services Secretary Sylvia Burwell is making a swing through Florida today to help get the word out.
Burwell will make a stop in Tampa Monday morning at the Navigation Lab at the University of South Florida; she will be in Miami this afternoon.
ByJulie Appleby of Kaiser Health News•Oct 13, 2014
Sandra Grooms recently got a call from her oncologist’s office. The chemotherapy drugs he wanted to use on her metastatic breast cancer were covered by her health plan, with one catch: Her share of the cost would be $976 for each 14-day supply of the two pills.
“I said, ‘I can’t afford it,’” said Grooms, 52, who is insured through her job as a general manager at a janitorial supply company in Augusta, Ga. “I was very upset.”
Just in time for Medicare's open enrollment season, a Florida-based HMO has won the federal government's coveted five-star rating, a rare honor that brings more than bragging rights. Such plans receive the freedom to enroll new members all year long.
The winner, CarePlus Health Plans Inc., is a subsidiary of Humana Inc., Florida's largest Medicare vendor. Humana did well in the quality ratings, too, but was outscored by the little plan it bought in 2005.
Any doubt that Florida’s largest health insurer wants to expand its reach was quashed by its chief executive Wednesday, when he heralded the success of its new umbrella company and outlined ambitious plans for growth.
GuideWell, launched as a parent of Florida Blue, reaches more than 15 million people through its insurance, consumer, health care and government administration products, Chairman and CEO Pat Geraghty told participants at the Medifuture conference in Tampa.
Less than half are traditional Florida Blue policy holders.
Just seven of the 91 entrepreneurs that pitched a health care startup are getting a boost from Healthbox Tampa, a business incubator that provides seed money, office space and partnerships with health care providers, the Tampa Bay Times reports.
State insurance officials are preparing to release figures next week on how much health plans will cost under the Affordable Care Act for 2015, and rate increases seem inevitable as insurers say their new consumers are older and sicker than anticipated.
ByPhil Galewitz of Kaiser Health News•Jul 21, 2014
Florida Blue, the state’s dominant health insurer, snagged more than one in three consumers on the health law’s exchange this year, but many could face rate hikes as the carrier struggles with an influx of older and sicker enrollees, said the company’s top executive.
Several factors could drive up rates next year — including a paucity of younger and healthy enrollees and a greater-than-expected surge in people seeking expensive health services, CEO Patrick Geraghty said in an interview.
Profits for Florida’s HMOs dropped sharply in 2013, with a nearly 31 percent reduction in combined profits, according to the South Florida Business Journal. The Florida Office of Insurance Regulation reported profits at $933.8 million in 2012 and $648 million in 2013.
Extended UBeat report on the 2nd Annual State of Florida Healthcare Innovation Competition.
Twelve teams of students from eight Florida universities recently faced off at the Second Annual State of Florida Healthcare Innovation Competition to determine whose medical technology reigned supreme -- and the winners walked away with $10,000.
"The competition brings together collegiate healthcare innovators from across the state, and allows them an opportunity to pitch their innovation ideas, concepts, and products before a panel of qualified judges," said Dr. Michael Fountain, director for event co-sponsor, the University of South Florida Center for Entrepreneurship. "In addition to winning cash prizes, these innovations gain insight from these world-class experts to help them move their technologies forward."
A wide variety of products and ideas was pitched, from a Google Glass application for people with cognitive and physical disabilities to a grocery store chain that sells healthy food in low-income neighborhoods.
"I think it speaks, very clearly, to the breadth of what can be done in healthcare innovation, whether it starts out with an application all the way to a small molecule," Fountain added.
Gov. Rick Scott is not backing down from a pair of campaign ads that state 300,000 Floridians lost their Florida Blue health insurance because of the Affordable Care Act, the Miami Herald reports. The ads attack Scott’s presumed opponent, Charlie Crist, for his support of the federal health law, and use a claim about the Floridians losing insurance that was rated “Mostly False” by PolitiFact.