A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength ratings (FSR), issuer credit ratings (ICR) and debt ratings of Coventry Health Care, Inc. (Coventry) (NYSE: CVH – News) (Delaware) and its subsidiaries. (See link below for a detailed listing of the companies and ratings.)
The negative outlook reflects Coventry’s [...]

Olympus Managed Health Care Inc. a leading provider of health care claims administration and cost containment services, announced the appointment of Robert Lavers as Senior Consultant. In this newly created role, Mr. Lavers will have overall responsibility for the firm’s business development and expansion initiatives throughout Asia.
“We are very pleased to have Bob join our [...]

Olympus Managed Health Care Inc., a leading provider of health care claims administration and cost containment services, announced today that Steve Stoute, a veteran insurance industry executive, has been appointed to the company’s Board of Advisors. The Board establishes and manages the strategic direction of the company.
Stoute brings nearly 50 years of insurance industry experience [...]

Collaboration within the health care system and administrative efficiencies are fundamental elements to any number of today’s health care reform proposals in Washington, DC. New tools from Highmark to conduct real-time claims processing and real-time member liability estimation are driving collaboration and streamlining medical claims processing right in health care provider offices.
Real-time claims processing and [...]

MEDecision, Inc., a leading provider of collaborative health care management solutions, today announced that it has been selected to deliver its Alineo ™ 2.0 collaborative health care management platform to Blue Cross and Blue Shield of Kansas City (BCBSKC). The two parties have agreed to begin implementation in June. The arrangement reinforces MEDecision’s position as [...]

UniCare Health Plan of West Virginia, Inc. announced today that it will hold three family health expos this summer to provide families with the tools they need to manage their health.
The first of UniCare’s Your Family’s Health Expo will be held Saturday, June 6 from 10:00 a.m. to 3:00 p.m. at the Raleigh County Convention [...]

Although President Obama has called for affordable, accessible, high-quality health care for all Americans, “There’s no guarantee the legislation will bridge the long term care gap,” says Denise Gott. “Only about 9 million Americans, a fraction of our 300 million plus, have long term care insurance. And among those at greatest risk, 45 and older, [...]

ALR Technologies Inc announces that insurance carriers will reimburse physicians for remote care of patients by using the ALRT Health-E-Connect System. Healthcare professionals can monitor patient data on-line and intervene to improve clinical outcomes using the proprietary Health-E-Connect System. The ALRT platform is a technology tool for caregivers to track diagnostic data, including blood [...]

Blue Cross and Blue Shield of Florida, Inc. (BCBSF) has completed its acquisition of Florida Health Care Plan, Inc. (FHCP) from Halifax Hospital Medical Center (HHMC). FHCP will operate as a community-based, locally-managed, HMO subsidiary of BCBSF, serving Volusia and Flagler counties.
FHCP is a successful, high quality, mixed staff-model health care plan with 53,000 members [...]

As reported the National Committee of Quality Assurance (NCQA) recently ranked Universal Health Care as the 5th highest quality Medicare HMO in the State of Florida in its annual quality survey. Twenty-two plans were listed in the 2008 Florida survey. This ranking reflects the results of consumer surveys, and success in preventing and treating illness, [...]