medical expense – Quicken Accounting Solution http://quickenaccountingsolution.com/ Wed, 21 Jul 2021 10:40:12 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://quickenaccountingsolution.com/wp-content/uploads/2021/06/cropped-icon-32x32.png medical expense – Quicken Accounting Solution http://quickenaccountingsolution.com/ 32 32 Health insurer Anthem raises profit forecast for 2021 after strong second quarter https://quickenaccountingsolution.com/health-insurer-anthem-raises-profit-forecast-for-2021-after-strong-second-quarter/ https://quickenaccountingsolution.com/health-insurer-anthem-raises-profit-forecast-for-2021-after-strong-second-quarter/#respond Wed, 21 Jul 2021 10:24:00 +0000 https://quickenaccountingsolution.com/health-insurer-anthem-raises-profit-forecast-for-2021-after-strong-second-quarter/ The office building of health insurer Anthem is seen in Los Angeles, California on February 5, 2015. REUTERS / Gus Ruelas July 21 (Reuters) – Health insurer Anthem Inc (ANTM.N) raised its 2021 profit target slightly on Wednesday and posted a 15.7% increase in second-quarter sales in part thanks to the increase revenues from its […]]]>

The office building of health insurer Anthem is seen in Los Angeles, California on February 5, 2015. REUTERS / Gus Ruelas

July 21 (Reuters) – Health insurer Anthem Inc (ANTM.N) raised its 2021 profit target slightly on Wednesday and posted a 15.7% increase in second-quarter sales in part thanks to the increase revenues from its unit, which includes its activity of managing IngénioRx pharmaceutical services.

The company said it expected to earn more than $ 25.50 per share in 2021, compared to its previous estimate of more than $ 25.10.

Most U.S. health insurers have been cautious in their outlook for 2021 as they anticipate more uncertainty due to the impact of viral variants and new outbreaks of infection in parts of the country, particularly in areas with low vaccination rates.

Biggest rival UnitedHealth Group (UNH.N) last week raised its adjusted profit forecast for 2021 for the second time this year, but stuck to its expectations of recording $ 1.80 per hit share of COVID-19. Read more

Anthem said its benefit expense ratio – the percentage of premiums paid for medical services – worsened to 86.8% from 77.9% a year earlier. Analysts were expecting an average of 87.78%, according to data from Refinitiv IBES.

The increase is due to an increase in healthcare costs unrelated to COVID and COVID from relatively depressed levels in the same quarter a year ago, the company said.

Excluding items, Anthem earned $ 7.03 per share in the second quarter ended June 30.

Operating revenue from the company’s pharmacy benefits management business jumped 18% to $ 6.22 billion from a year earlier.

Report by Manojna Maddipatla in Bengaluru; Editing by Sriraj Kalluvila

Our Standards: Thomson Reuters Trust Principles.


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JB Hunt reports second quarter revenue of $ 2.91 billion https://quickenaccountingsolution.com/jb-hunt-reports-second-quarter-revenue-of-2-91-billion/ https://quickenaccountingsolution.com/jb-hunt-reports-second-quarter-revenue-of-2-91-billion/#respond Tue, 20 Jul 2021 17:30:00 +0000 https://quickenaccountingsolution.com/jb-hunt-reports-second-quarter-revenue-of-2-91-billion/ [Stay on top of transportation news: Get TTNews in your inbox.] JB Hunt Transport Services Inc. reported earnings and revenue gains for the second quarter of 2021. For the three months ending June 30, the Lowell, Ark. reported net income of $ 172.2 million, or $ 1.61 per diluted share, compared to $ 121.7 million, […]]]>

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JB Hunt Transport Services Inc. reported earnings and revenue gains for the second quarter of 2021.

For the three months ending June 30, the Lowell, Ark. reported net income of $ 172.2 million, or $ 1.61 per diluted share, compared to $ 121.7 million, $ 1.14, in the second quarter of 2020. Total operating income was increased by 36%. to $ 2.91 billion versus $ 2.15 billion.

The results exceeded forecasts by Wall Street analysts, who expected EPS of $ 1.55 per share on quarterly revenue of $ 2.72 billion, according to Zacks Consensus Estimate.

Roberts

“The segments are all performing well and presenting strong evidence that supports both our strategy at this point and what I think is strong momentum,” JB Hunt chairman John Roberts said on a conference call with investors on July 19 after the results were published. “Given the work we’ve done with our customers, current trends in demand, order flow and sales pipelines, coupled with data revealing some of the lowest inventory levels we’ve seen, gives us confidence in pursuit of this momentum. “

Second quarter revenue for the company’s full truck segment increased 70% to $ 184 million from $ 108.3 million a year ago, thanks to a 40% increase in revenue per mile loaded and a 13% increase in average trip length. Segment operating profit climbed to $ 14.2 million from $ 3.5 million in the second quarter of 2020. The gain was attributed to the increase in the number of loads and revenue per load that were partially offset by increased purchased transport expenditure and higher remuneration expenditure for non-driver staff.

Intermodal segment revenues increased 21% to $ 1.29 billion from $ 1.07 billion last year, as load volumes increased 6% from same period in 2020 Operating income increased 26% to $ 134.6 million from $ 107 million in the previous year quarter.

“Customer demand has been very strong and speed has been the bottleneck,” added Darren Field, president of intermodal at JB Hunt. “We pointed out that we have new containers on the water today. We have great confidence in our ability to receive between 3,000 and 4,000 in the third quarter.

The Last Mile Services segment saw revenue increase 52% in the second quarter to $ 212 million from $ 139.6 million last year, mainly due to the addition of new customer contracts. The period last year also included the temporary suspension of operations at several customer sites due to the pandemic. Segment operating profit reached profit of $ 10.7 million for an operating loss of $ 5.2 million, mainly due to higher volumes compared to last year’s levels and d ” $ 3.2 million in profit from a net claim settlement. These factors were partially offset by higher employee compensation costs.

The company’s Integrated Capacity Solutions segment saw revenue nearly double to $ 607 million, from $ 304.3 million last year, as load volumes increased 30% year-over-year. previous year, while revenue per load increased 66%. Revenue per load was favorably affected by changes in the mix of customer freight and higher contract and spot rates, Hunt said. Segment operating profit rebounded to $ 3.1 million from an operating loss of $ 13.1 million in the second quarter of 2020, mainly due to higher gross profit margins and increased scale with the JB Hunt 360 loading panel service. These gains were partially offset by higher personnel and technology costs.

The company’s dedicated contract services segment reported that second-quarter revenue increased 17% to $ 621 million from $ 533.2 million last year, thanks to an improvement of 11 % of turnover per truck per week compared to the quarter of the previous year. However, operating profit fell 5% to $ 79 million from $ 83.1 million last year due to increases in driver salaries and hiring costs, salaries, wages and salaries. incentive compensation for non-driver staff, higher group medical costs and high costs related to the implementation of long-term contracts.

While noting that Hunt has beaten Wall Street expectations, Cowen and Co. analyst Jason Seidl pointed out that the cost pressures it faced in the second quarter, related to compensation and purchased transportation costs , weighed on the results.

“JBHT reported a quarter that was slightly better than expected, due to a backdrop of strong demand, partially offset by cost headwinds primarily associated with labor shortages across the supply chain,” Seidl wrote in a July 20 report. “The management of the cited challenges was in line with our survey of carriers in the second quarter, which we believe will be a major theme in our coverage over the coming weeks. “

JB Hunt Transport Services Inc. ranks 4th on the Transport Topics Top 100 list of largest for-hire carriers in North America, and 5th on TT’s 50 Best Logistics Companies list.

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Deepak Parekh urges IRDAI to allow insurers to sell pension and health policies https://quickenaccountingsolution.com/deepak-parekh-urges-irdai-to-allow-insurers-to-sell-pension-and-health-policies/ https://quickenaccountingsolution.com/deepak-parekh-urges-irdai-to-allow-insurers-to-sell-pension-and-health-policies/#respond Tue, 20 Jul 2021 00:31:41 +0000 https://quickenaccountingsolution.com/deepak-parekh-urges-irdai-to-allow-insurers-to-sell-pension-and-health-policies/ HDFC Life chairman Deepak Parekh fought hard on Monday for insurance companies to be allowed to sell pension and health coverage. Speaking at HDFC Life’s Annual General Meeting (AGM) held in Mumbai, Deepak Parekh said that while the Insurance Regulatory and Development Authority of India (IRDAI) allows insurers to sell pension and health policies, this […]]]>

HDFC Life chairman Deepak Parekh fought hard on Monday for insurance companies to be allowed to sell pension and health coverage. Speaking at HDFC Life’s Annual General Meeting (AGM) held in Mumbai, Deepak Parekh said that while the Insurance Regulatory and Development Authority of India (IRDAI) allows insurers to sell pension and health policies, this would strengthen risk coverage in the country.

In asking IRDAI to allow insurers to sell NPS-type policies, Deepak Parekh said: “Today, life insurance can only sell life insurance policies in their branches and by through their employees. as mediclaim, ”adding,“ Enabling life insurers to distribute products such as health insurance and NPS would help improve the reach of much-needed insurance in our country.

The president of HDFC Life also asked IRDAI to assess the performance of a life insurer by capping spending limits, as the capital markets regulator SEBI has done for mutual funds with the total expense ratio (TER). He added that globally, pension and health coverage are an integral part of life insurance because they protect people against longevity and morbidity risks.

Meanwhile, on the issue of costs, Parekh, a veteran of India’s financial industry, argued for a TER-type deal for the life insurance industry as well.

“We continue to engage with the regulator to hold life insurers accountable for just one parameter, which is expense management limits, rather than having many targets on what they can and cannot invest. or spend, ”he told shareholders.

He said the impact of the third wave would not be as high due to an increase in immunization, and added that the economy is expected to grow between 8-10% in FY22.

The second wave of COVID-19 impacted the growth of the business in the first quarter, but the same will happen again from the September quarter, Parekh said, adding that everyone, including millennials, has become more serious about life insurance coverage due to the pandemic.

The outspoken industry veteran also said the second wave of infections witnessed a shortage of “basic needs” like oxygen and medical supplies.

“It may seem that the second wave peaked with the drop in the number of daily cases, but we have lost over 4 lakh of precious lives. We should not be complacent and let our guard down,” he said.

Parekh said the company had lost 17 employees and 38 “financial consultants” to the pandemic in the past 15 months and called on everyone not to be complacent about the virus.

There was a surge in death claims during the second wave, he said, adding that they were 3-4 times higher and stood at 70,000 in the June quarter.

Gross claims amounted to 1,598 crore and net claims were at 956 crores, he said.

Responding to questions from shareholders, Parekh said the company will invest in technology, skills and distribution going forward.

Parekh also said that the company, which provided 700 crore towards possible COVID-related claims, increased debt last year, after which its solvency ratio fell to 201% while the dividend payout reduced it further to 195%. He said, however, that he would never exceed the regulatory ceiling of 150 percent.

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Cruise Lines’ Workaround to Florida Vaccine Passport Ban Doesn’t Make It Easy for Unvaccinated People https://quickenaccountingsolution.com/cruise-lines-workaround-to-florida-vaccine-passport-ban-doesnt-make-it-easy-for-unvaccinated-people/ https://quickenaccountingsolution.com/cruise-lines-workaround-to-florida-vaccine-passport-ban-doesnt-make-it-easy-for-unvaccinated-people/#respond Sun, 18 Jul 2021 12:57:46 +0000 https://quickenaccountingsolution.com/cruise-lines-workaround-to-florida-vaccine-passport-ban-doesnt-make-it-easy-for-unvaccinated-people/ Cruise lines seeking to operate from Florida are adhering to the state’s firm passport ban for vaccines. Vaccinated and unvaccinated passengers leaving Florida may have different cruise experiences. Unvaccinated passengers aboard Royal Caribbean and Carnival cruises will face additional costs and restrictions on board. Loading Something is loading. Cruise lines have found a way around […]]]>
  • Cruise lines seeking to operate from Florida are adhering to the state’s firm passport ban for vaccines.
  • Vaccinated and unvaccinated passengers leaving Florida may have different cruise experiences.
  • Unvaccinated passengers aboard Royal Caribbean and Carnival cruises will face additional costs and restrictions on board.

Cruise lines have found a way around Florida’s firm ban on vaccinated passports, but that doesn’t mean unvaccinated passengers should expect equal treatment on cruises departing from Sunshine State.

In fact, it will be the opposite: Unlike their vaccinated counterparts, unvaccinated guests aboard Carnival and Royal Caribbean cruises in Florida will have to pay for travel insurance and COVID-19 testing, but will still be excluded from certain areas of the ships.

In April, Florida Governor Ron DeSantis issued an executive order prohibiting vaccine passports and Florida businesses from requiring said proof of vaccination. Soon after, the state passed a law officially banning vaccine passports.

Any business violating the ban could be fined $ 5,000 per customer.

Frank Del Rio – president and CEO of Norwegian Cruise Line Holdings (NCLH) – has previously threatened to withdraw Norwegian cruises to Florida if he cannot operate on a vaccine mandate. And this month, NCLH sued the Florida Surgeon General over the law and asked the U.S. District Court for the Southern District of Florida to grant a preliminary injunction against the vaccine passport ban.

But unlike Norwegian, other cruise lines have decided not to impose a vaccine for crossings in Florida, even though the same companies have vaccination requirements for almost all other crossings departing from home ports other than Florida.

This could give unvaccinated passengers a chance to sail, but their experience will be both more expensive and more limited compared to vaccinated guests. This could deter unvaccinated people from browsing, even though the reasons for these disparities relate to health and safety protocols.

A breakdown of additional payments

The Carnival Vista cruise ship.

The Carnival Vista cruise ship.


RHONA WISE / AFP / Getty Images



From August 1 to the end of the year, all unvaccinated Royal Caribbean Florida cruise passengers aged 12 or older will be required to show proof of travel insurance. Insurance must have a minimum of $ 25,000 in coverage for medical expenses and $ 50,000 for “quarantine and medical evacuation related to a positive COVID-19 test result” per person.

In addition to insurance payments, unvaccinated cruisers will also have to pay for COVID-19 tests that vaccinated passengers will not need to take, which is an additional payment of $ 136 or $ 178 depending on the length of the trip. navigation.

Carnival has a similar requirement for its Florida crossings: As of July 31, each unvaccinated passenger aged 12 or older will be required to show proof of travel insurance, which must cover a minimum of $ 10,000 in medical expenses and 30 $ 000 in “emergency medical expenses”. evacuation and without COVID-19 exclusions. “

Unvaccinated Carnival guests who do not present proof of vaccination will not be allowed to board and will not receive a refund. And like Royal Caribbean, Carnival passengers who don’t want jabs will also have to shell out an additional $ 150 for COVID-19 testing and other “health screening measures.”

“In keeping with the practices of other companies which are also restarting operations, and in the best interest of our customers who are not vaccinated, this is an important cover to have if they encounter a medical situation during their cruise.” , Vance Gulliksen, a spokesperson for Carnival, told USA today.

Site restrictions

royal caribbean ship

The Royal Caribbean Freedom of the Seas docked in Miami in 2008.

Lynne Sladky / AP


Counterintuitively, paying more does not mean exclusive access to the ship. In this case, it is exactly the opposite.

In addition to the additional payments, unvaccinated passengers will not be allowed in certain locations on Royal Caribbean and Carnival cruise ships.

After Carnival website, unvaccinated guests may not use the sauna or spa suite, and unvaccinated children and adolescents will not be permitted to participate in the cruise line’s youth camp program.

Unvaccinated friendly zones on Royal Caribbean cruises are dependent on each ship. You can find the complete list of places accessible on its website, but generally, the casinos and certain restaurants, bars, lounges, animations, shows the casinos will be reserved for the vaccinated persons only.

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NH Moms Share Pandemic Impact, Celebrate Child Tax Credit Payments https://quickenaccountingsolution.com/nh-moms-share-pandemic-impact-celebrate-child-tax-credit-payments/ https://quickenaccountingsolution.com/nh-moms-share-pandemic-impact-celebrate-child-tax-credit-payments/#respond Sat, 17 Jul 2021 14:20:00 +0000 https://quickenaccountingsolution.com/nh-moms-share-pandemic-impact-celebrate-child-tax-credit-payments/ By SARA PERSECHINO, InDepthNH.org “We are here. Checks are in the mail. The money is in bank accounts. And New Hampshire families need support,” Congresswoman Ann McLane Kuster said at a recent block party. Care Keeps Us Afloat in Manchester, organized by MomsRising, regarding Child Tax Credit (CTC) payments. The event took place on July […]]]>

By SARA PERSECHINO, InDepthNH.org

“We are here. Checks are in the mail. The money is in bank accounts. And New Hampshire families need support,” Congresswoman Ann McLane Kuster said at a recent block party. Care Keeps Us Afloat in Manchester, organized by MomsRising, regarding Child Tax Credit (CTC) payments.

The event took place on July 15, the day families began receiving the expanded CTC payments recently passed in the US bailout. The tax credit will provide monthly checks of up to $ 300 per child for approximately 130,000 New Hampshire families; it is available for single-parent families earning up to $ 112,500 per year and for two-parent families earning up to $ 150,000 per year.

The Secretary of Health and Social Services, Xavier Becerra, also spoke at the event.

“Guess what? They’re not going to invest it in some boondoggle in another country. They are going to use it to buy clothes for these kids, make sure these kids have good food on the table, or fix the roof. leaking again, ”Becerra said.

Erin Rose is a Manchester mom who had to quit a dream job during the pandemic to care for her two children, who are now six and 18 months old, with her youngest born just months before the pandemic. The CTC’s monthly payments will help her pay more for the daycare so that she can work more hours.

“I was working in a place that I had really worked hard to get into. I was really sad but in September I had to quit my job mainly because of [coronavirus] and schools being closed, ”said Rose, who explained that she used paid family and medical leave at the start of the pandemic and worked for three months before quitting her job and filing for unemployment.

The loss of the Federal Pandemic Unemployment Benefit, which gave the unemployed an additional $ 300 each month, when Governor Sununu ordered the state to quit the program had an impact on Rose’s family.

“That’s not why people don’t go back to work – there’s no daycare,” Rose said.

Now, Rose works in the retail business part-time at night, after her husband returns from his full-time job. They meet his planning needs, and that gives them a little extra money for bills or savings. The CTC payments will allow her to have more childcare expenses so that she can work more.

Liz Grady is a mom of four – with another baby on the way. She lives in New Hampton with her husband, who works in waste management.

“My husband, by the grace of God, was still employed, but he hardly worked [forty hours]”Grady said.

Her husband did not have overtime, which they had used in the past to save money and cover unforeseen expenses that arose. In addition, all four children were at home, three of whom were in second year middle school distance learning.

“Having the extra expense of electricity because of all the Chromebooks running… and our grocery bill and our four kids at home 24 hours a day was definitely another hit,” Grady explained.

For Grady’s family, the child tax credit payments will help pay off credit cards and pay off bills they’ve been waiting to catch up on. She said whatever was left would replenish their savings, in the event of a future emergency.

Carrie Duran also spoke at the Care Keeps Us Afloat event in Manchester. She is a single mother of three, including her daughter Katie, born with Down syndrome, who was at the event with her. Duran said she received her CTC payment that day and that with her birthday in August, she would use it to have her car inspected and keep it running safely.

“With working part-time and being a single mother of three, it’s been pretty tight. We struggled quite a bit financially, but with a little love and a lot of coffee for mom, we were able to get by. We missed it, ”said Duran.

But that changed when she also had to start caring for her father, who was diagnosed with Alzheimer’s disease, and she became part of what is called the “sandwich generation”.

Duran told the crowd, “That little level of squeaking became the fact that we were drowning. What would have helped me, my children, my family, were paid family and medical leave. “

According to Christina D’Allesandro, senior campaign manager at MomsRising, her organization is working alongside elected officials and communities to push for policies such as a permanent extension of the child tax credit, as well as paid time off for children. all families and sustained long-term funding. for childcare.

“A robust health care infrastructure is essential to our families and our future, and will raise families, boost the economy, enable parents to work, and create good jobs across the country and especially here in New Hampshire,” D’Allesandro said.

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Death of a French surgeon behind the world’s first face and hand transplant https://quickenaccountingsolution.com/death-of-a-french-surgeon-behind-the-worlds-first-face-and-hand-transplant/ https://quickenaccountingsolution.com/death-of-a-french-surgeon-behind-the-worlds-first-face-and-hand-transplant/#respond Sun, 11 Jul 2021 18:02:15 +0000 https://quickenaccountingsolution.com/death-of-a-french-surgeon-behind-the-worlds-first-face-and-hand-transplant/ Published on: 07/11/2021 – 20:02 Lyon (AFP) A pioneering French surgeon who successfully performed the world’s first hand and face transplant has died at the age of 80, a friend told AFP on Sunday. Jean-Michel Dubernard, who became one of France’s most famous doctors during his career in southeast Lyon, collapsed on Saturday night at […]]]>

Published on:

Lyon (AFP)

A pioneering French surgeon who successfully performed the world’s first hand and face transplant has died at the age of 80, a friend told AFP on Sunday.

Jean-Michel Dubernard, who became one of France’s most famous doctors during his career in southeast Lyon, collapsed on Saturday night at Istanbul airport while traveling with his family, the friend said, asking not to be named.

Dubernard conducted the world’s first hand transplant in September 1998 on a New Zealand man, creating a sensation in the medical world that won him worldwide recognition.

Leading an international team of specialists, Dubernard and his fellow surgeons joined the patient’s arteries, veins, nerves, tendons, muscles and skin after pinning both forearm bones to the during a 13 hour operation.

He continued this feat with the first double hand and forearm transplant two years later on a Frenchman who was holding a homemade rocket when it exploded.

In November 2005, Dubernard reached the height of his fame with the first partial face transplant, which saw him graft a brain-dead donor’s nose, lips and chin to French divorcee Isabelle Dinoire, who had been mutilated by her dog.

Dinoire appeared at a notable press conference three months later in the spotlight of global media, wearing heavy makeup to cover up scars but with an otherwise restored face.

“We want to launch these new techniques to give hope to other people all over the world,” said Dubernard, then 64.

The first full face transplant was performed by a Spanish team in March 2010.

– Complications –

Dubernard, a rugby fan and father of three, was known for his remarkable work ethic and passion for his profession.

He attributed his decision to become a doctor to an attack of appendicitis as a child and his interest in transplants when he heard about the first successful organ transplant – of a kidney – in the United States. in 1954.

“My only motivation is to advance our understanding of medicine. I do it for my patients,” he told Le Monde in 2005.

He has also written extensively in medical journals about his expertise, as well as the challenges of transplants for recipients, both physical and psychological.

“The psychological consequences of hand and face allografts (grafts) show that it is not so easy to use and constantly see the hands of a deceased person or to look in a mirror and see the face of a deceased person, ”he wrote in an article for European Urology in 2006.

His high profile and methods also meant that his patients and work came under scrutiny and sometimes criticism.

The National Order of Physicians condemned the dissemination of images of Dinoire after his face transplant and accused the medical team led by Dubernard and his fellow surgeon Bernard Devauchelle of seeking attention.

“Premature and uncontrolled communication has placed all the emphasis on technical prowess, to the detriment of the due respect due to the patient and the donor – for her generosity and that of her family,” the order specifies in a statement.

– ‘A dream’ –

His first hand transplant also drew unwanted publicity when it emerged that the recipient, Clint Hallam, had stopped taking the strong immunosuppressants needed to prevent his body from rejecting the new hand.

Hallam, who had a saw accident in prison, begged to have his new hand amputated in 2000, saying he felt “mentally detached” from it, but Dubernard refused on the grounds that it was still functional. .

The convicted fraudster left his doctors furious at what they saw as a waste of his opportunity, but he managed to have his hand removed in London in 2001.

Dinoire died in 2016, 11 years after her face transplant, after battling illnesses, mood swings and several episodes of cancer related to the powerful drugs she had to take daily to prevent her body from rejecting tissue, according to reports.

Le Figaro newspaper said Dinoire’s body had started rejecting the transplant the year before her death and “she had lost some of the use of her lips”.

Dubernard’s influence continues in Lyon where the younger generations of surgeons continue to push the boundaries of science.

In January this year, an Icelandic man received the world’s first double shoulder and arm transplant in the city, two decades after an accident that cost him both limbs.

The operation was “his biggest dream,” the man’s wife told a press conference.

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Dubuque County Health Department Proposes To Double Staff Size With Federal Funds | News from the three states https://quickenaccountingsolution.com/dubuque-county-health-department-proposes-to-double-staff-size-with-federal-funds-news-from-the-three-states/ https://quickenaccountingsolution.com/dubuque-county-health-department-proposes-to-double-staff-size-with-federal-funds-news-from-the-three-states/#respond Sat, 10 Jul 2021 06:00:00 +0000 https://quickenaccountingsolution.com/dubuque-county-health-department-proposes-to-double-staff-size-with-federal-funds-news-from-the-three-states/ In her pitch to receive a portion of the county’s federal relief dollars, the executive director of the Dubuque County Health Department proposed adding three full-time employees to address the disparities she says the pandemic of COVID-19 has put the emphasis. Patrice Lambert said she sees her chance to finally grow her department and services […]]]>

In her pitch to receive a portion of the county’s federal relief dollars, the executive director of the Dubuque County Health Department proposed adding three full-time employees to address the disparities she says the pandemic of COVID-19 has put the emphasis.

Patrice Lambert said she sees her chance to finally grow her department and services with a portion of the nearly $ 19 million the county receives.

“Even before the pandemic, due to understaffing, we were not able to fully focus on the 10 essential public health services,” she told the Telegraph Herald.

As defined by the Federal Centers for Disease Control and Prevention, these services include assessing the health of the population and the factors that influence it, diagnosing and treating health problems, mobilizing partnerships for improving health, implementing policies and laws that impact health, using legal actions and regulations. improve and protect health and build a diverse and qualified health workforce.

“We have to look at equity and we are trying to coordinate health and social services,” Lambert said. “The health and well-being of our residents of Dubuque County are affected much more than just medical care: environmental issues, housing, transportation, access to healthy food. “

Currently, the county health department consists of Lambert, deputy director Samantha Kloft, environmental health specialist Collin Dolphin and part-time clerk Bailey Avenarius.

Lambert’s proposal would add three more full-time employees – a lifestyle specialist, a health services surveillance specialist, and a community education and outreach specialist – and make the office clerk a full-time. County supervisor Ann McDonough estimated the moves would cost an additional $ 400,000 per year.

The additions would allow the department to focus more on areas that officials have hoped to tackle for years.

“We’re already looking at these components, but we’re just touching the surface knowing there are so many drawers underneath,” Lambert said.

She cited drug addiction as an example.

“We know that drug addiction and opioid use is still a problem,” Lambert said. “But we don’t have anyone to hire another committee to look at the data.”

This would be one of the objectives of the specialist in the surveillance of health services.

“They would work with these types of projects, but also a lot with our health units,” Lambert said. “If (schools) see obesity on the rise in physical exams at school, they will contact us in October and say ‘We see obesity is on all the charts.’

This position would also help to continue and strengthen ties with health care providers, including brain care providers, who trained during the pandemic.

The community education and outreach specialist would help coordinate with county-wide partners – including city governments, schools and businesses – to educate the public on health issues. Lambert said his ministry has had problems with this in the past.

“When we brought our radon test kits, I emailed the city clerks and asked ‘Can you help us (promote) these?’ She said. “It was then for them to say: ‘Yes’ or’ No. We did not have time to develop the educational component of its importance. “

The lifestyle specialist would carry out health needs assessments at the local and state level, collecting data on diet, nutrition and physical health. The person would also work as a liaison between the department and the Dubuque County Food Policy Council – a job Kloft does now.

Kloft’s deputy director position would be shifted in part to focus more on grant writing and budget matters for the department.

County supervisors recently approved a contract with Limestone Bluffs RC&D to act as Food Policy Council staff, including reporting regularly to the Board of Supervisors.

The county has also just renewed its contract with the Visiting Nurse Association for $ 308,000 this fiscal year. The association acts on the front line of the county health service. VNA director Stacey Killian said the equivalent of 30.8 full-time employees contributes to the work for Dubuque County. These employees provide vaccination clinics, oral health services, work with sexual health and adult health education.

The size and shape of county health departments are diverse in Iowa.

The VNA acts as the entire Clayton County Health Department. Jackson County has two full-time and one part-time health workers. These counties have a fraction of the population of Dubuque County.

Among the counties closest to the population of Dubuque County, Story County completely outsources its public health functions to the Mary Greeley Medical Center in Ames. Pottawattamie County manages all in-house services, including a clinic.

This is just one of the arguments supervisors will consider before spending American Rescue Plan Act money on their choices in November.

McDonough liked Lambert’s needs assessment, but questioned whether the Department of Health’s proposal met federal money targets.

“What you are proposing is 3.25 permanent employees… another annual budgetary expense of about $ 400,000,” she said. “So the expenses you are proposing are paid for by the rescue funds, the budget does not exist in the long run. “

Lambert said if the funding can be used to kickstart this expansion of his department, then the resulting staff could seek grants and other programs to cover the costs.

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Are investments in hospital data management eligible with patient expenses? https://quickenaccountingsolution.com/are-investments-in-hospital-data-management-eligible-with-patient-expenses/ https://quickenaccountingsolution.com/are-investments-in-hospital-data-management-eligible-with-patient-expenses/#respond Thu, 08 Jul 2021 09:39:53 +0000 https://quickenaccountingsolution.com/are-investments-in-hospital-data-management-eligible-with-patient-expenses/ In conversation with Antonio De Castro, Senior Industry Consultant, Global Health and Life Sciences Practice at SAS Health (Singapore) A healthcare analysis system balances users, equipment and consumables. Crucial data such as proportion of medical devices and actual number of devices used, responsibility of trained personnel with health device handling capabilities, parking of medical personnel […]]]>

In conversation with Antonio De Castro, Senior Industry Consultant, Global Health and Life Sciences Practice at SAS Health (Singapore)

A healthcare analysis system balances users, equipment and consumables. Crucial data such as proportion of medical devices and actual number of devices used, responsibility of trained personnel with health device handling capabilities, parking of medical personnel and devices, consumables deployed and needed, all can be managed effectively by installing advanced predictive analytics to accelerate healthcare success. Modern health services can be accelerated by making appropriate use of the analytical capacities of health care. Accurately locating and calibrating resource availability is key to accelerating healthcare services for efficient deployment of medical devices, patient data, clinical advancements and more. Antonio De Castro, Senior Industry Consultant, Global Health and Life Sciences Practice at SAS Health (Singapore) shares a comprehensive overview of health data analysis.

How do you define the evolution of merits and risks in predictive healthcare analytics? Are investments in big data management eligible with APAC health spending without being a burden for patients?

In terms of merit, allowing a health system to implement a change that flattens the cost curve while allowing access to an equitable health system that is both safe and provides high level care. quality is the key to success. .

Creating a health care system where staff feel capable of working in a productive and rewarding environment that improves health care delivery is also a key merit.

The development of an infrastructure that supports continued clinical trials to enable better development and delivery of drugs is also essential. When done correctly and the results are used to drive a data-driven solution for change, the expense is never a patient expense. Using data to reduce waste, eliminate unnecessary processes, and support a healthier population saves far more money than investing in analytics.

In terms of risk (which is always present in any strategy), the first is that there is an expense in a solution that does not keep its promises or that is not used to make the changes it was put to. implemented. It will then become a financial burden for patients if the investment is used to build a data management solution that has no impact.

Another risk is the possibility of excluding patients. Poor quality testing can create and reinforce bias in the healthcare system, which also leads to negative outcomes for patients and hospital staff. Data used to exclude, deprioritize or deny patient coverage is considered a risk, especially when it is also related to privacy concerns.

Overall, there are significant gains to be made in terms of patient outcomes and overall health care delivery from an analytical approach and this should not be viewed as a cost that harms the patient. Being aware of risks and their mitigation will enable APAC health care systems to become higher quality, accessible and cost effective in responding to health care needs.

How do you see the prospects and progress of APAC in the area of ​​analytics-based value-for-money?

The Covid-19 crisis shed light on health systems that did not understand the resources they had or how to grow to meet sudden demand. APAC hospitals and health systems should now consider this lesson learned to drive a strategy for optimizing medical resources to enable better crisis response in the future.

In any crisis, there are 3 stages in which analytics can play a role. These are Respond, retrieve so what Reinvent. These steps are vital in any crisis and have often not been the subject of a preparedness strategy.

Using the recent experience of a crisis to conduct situation analyzes and modernize resource allocation is likely to be driven by government incentives to improve.

The need to fight the pandemic leaves room for progress in the harmonization of health data. This will ultimately allow progress in terms of technical skills and culture around data analysis.

An example of this would be a visual analytics dashboard that was created for the Southern Philippines Medical Center (SPMC) to provide support during the pandemic. The dashboard provided an overview of COVID cases as well as available medical supplies and equipment critical to the COVID response. This prompted the Center to investigate, track and visualize their data in ways that better serve their operations.

It also sparked discussions with other healthcare providers to compare information and results. The real crisis would be if the healthcare sector did not continue the progress accelerated by the pandemic by adopting data-driven approaches to optimize healthcare processes, improve patient experience and improve health outcomes.

Hihaishi C Bhaskar

hithaishi.cb@mmactiv.com

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The Schmieding Foundation gives $ 300,000 to UAMS Kids First, the Schmieding Developmental Center https://quickenaccountingsolution.com/the-schmieding-foundation-gives-300000-to-uams-kids-first-the-schmieding-developmental-center/ https://quickenaccountingsolution.com/the-schmieding-foundation-gives-300000-to-uams-kids-first-the-schmieding-developmental-center/#respond Tue, 06 Jul 2021 19:40:59 +0000 https://quickenaccountingsolution.com/the-schmieding-foundation-gives-300000-to-uams-kids-first-the-schmieding-developmental-center/ View larger image Funds used to move locations, purchase new playground equipment July 6, 2021 | FAYETTEVILLE – The Schmieding Foundation in Springdale donated $ 300,000 to help pay for new playground equipment and the costs of moving the UAMS Schmieding Kids First and UAMS Schmieding Developmental Center in Lowell to a new location in […]]]>

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Israeli tech helping Americans pay for health care https://quickenaccountingsolution.com/israeli-tech-helping-americans-pay-for-health-care/ https://quickenaccountingsolution.com/israeli-tech-helping-americans-pay-for-health-care/#respond Sun, 04 Jul 2021 12:54:41 +0000 https://quickenaccountingsolution.com/israeli-tech-helping-americans-pay-for-health-care/ The quality of health care in the United States is superb. But the huge costs and uneven medical coverage leave an estimated 66% of Americans worried they won’t be able to afford medical care this year, according to one. recent poll. Five years ago, one in four Americans said they had difficulty paying a medical […]]]>

The quality of health care in the United States is superb. But the huge costs and uneven medical coverage leave an estimated 66% of Americans worried they won’t be able to afford medical care this year, according to one. recent poll.

Five years ago, one in four Americans said they had difficulty paying a medical bill. The problem worsened during the pandemic as 12 million American adults lost their health insurance due to unemployment. With a hospital stay costing an average of $ 5,220 per day and a doctor’s visit between $ 300 and $ 600, nearly one in three Americans delays getting treatment, tests or medication because of the expenses.

“If you are a patient being treated for anything in the United States, whether insured or not, you face substantial out-of-pocket expenses that can run into the thousands of dollars. US healthcare providers are facing a $ 40 billion unpaid care problem due to patients who cannot afford the high cost of treatment, ”said Srulik Dvorsky, co-founder and CEO of TailorMed.

This Israeli startup’s automated system identifies patients at financial risk and matches them with resources such as co-payment assistance, alternative drug programs, government grants, community, state, or specific foundation funds. illness, and programs that help cover living costs.

“We were founded in 2017 and now work with over 50 hospitals, 200 clinics and 300 pharmacies across the United States,” says Dvorsky of the TailorMed New York office. About 30 of its 55 employees work in R&D at the Tel Aviv office.

Srulik Dvorsky, CEO of TailorMed co-founders, left and CTO Adam Siton. Photo by Shlomi Yosef

Customers include Providence, the third largest healthcare system in the United States, whose risk arm led a recent $ 20 million investment round in TailorMed.

“We work with hospitals like Henry Ford Health System in Detroit and Memorial Sloan Kettering in New York City, one of the world’s leading cancer institutes, and many small community and rural hospitals and clinics,” says Dvorsky.

For patients, TailorMed’s platform can reduce immediate direct expenses – sometimes to zero – and avoid care. It helps prevent “financial toxicity,” a term referring to the long-term side effects of treatment with expensive drugs for chronic disease or cancer.

“The statistics on the severe financial hardship associated with the cost of care are staggering and have reached a state of crisis. We recognize that the TailorMed platform ensures that patients don’t have to worry about how they will be able to pay for their care. ”

For healthcare providers and pharmacies, TailorMed’s system allows reimbursement by another entity rather than depending on the patient’s ability to pay.

“No one should have to make a choice between financial stability for their family and what is sometimes a life-saving cure for their condition,” said David Kereiakes, partner of Providence Ventures.

“The statistics on the severe financial hardship associated with the cost of care are staggering and have reached a state of crisis. We recognize that the TailorMed platform ensures that patients don’t have to worry about how they will be able to pay for their care. “

Help financial advisors do their jobs

Financial advisers in hospitals and pharmacies are trying to find sources of financial aid for patients, says Dvorsky, “but it’s manual and decentralized. That’s where we come in, using data from medical records, insurance claims and billing to automatically discover patients in financial need and the resources that can help them.

TailorMed’s algorithm considers “whatever data we can get to find the patients who need the money the most,” including demographics, treatment, diagnosis, and social determinants of health.

“Needs can be met early in the patient’s medical journey, not when the bill arrives or when the provider has to recoup the expense,” he adds.

One of its clients is the Cowell Family Cancer Center at Munson Healthcare in Michigan, which began providing financial navigation service to patients in 2013.

After adopting TailorMed technology to automate and streamline the process, the center reported “a significant improvement in both the funding it was able to secure for its patients as well as… improvements in productivity, a more proactive workflow and an increased ability to measure and track ROI [return on investment] the financial navigation program via the platform’s analysis and reporting product.

Trustees at the Henry Ford Cancer Institute and cancer specialists from New England (Maine) said TechTarget that TailorMed has enabled its financial advisors to more quickly and efficiently locate financial resources for patients, including very short-term grants that could easily have been missed.

The need is great: A recent Journal of Clinical Oncology The study showed that even among insured cancer patients, 16% dropped out of treatment because they could not afford chemotherapy drugs, and patients with co-payments more. highs were 42% more likely to skip treatment.

“There are a few companies that are trying to match patients with financial assistance programs, but I think we’re the only ones leveraging the data to proactively identify patients in need and prevent them from being even billed. Predictive analytics is the uniqueness of our platform, ”says Dvorsky.

Strong technological talent

Over the years, caring for six family members with cancer has alerted Dvorsky to the unmet need for technology that could fill gaps in financial access to care in America’s burdensome healthcare system.

“We looked outside to identify needs and apply unconventional thinking,” says Dvorsky, a veteran of Unit 81, a technology unit in the Special Operations Division of the Military Intelligence Directorate of the Defense Forces. Israeli.

TailorMed co-founders Adam Siton, CTO and CEO Srulik Dvorsky. Photo by Shlomi Yosef

Co-founder and technical director Adam Siton served in Unit 8200, the main intelligence gathering unit of the Directorate of Military Intelligence. Many of Israel’s most successful startups were founded by 8,200 alumni.

“Adam has a solid background in software development and my career path has been as a computer hardware engineer and founder of technology,” says Dvorsky, who came to TailorMed after working in the medical device field.

“We’ve done a lot of homework to understand the dynamics and key players in the healthcare industry in the United States. There are so many factors in this value chain, from the pharmaceutical company to the patient. We needed to understand how this dynamic works and find a technological solution that works across the ecosystem and makes sense from a business perspective, ”says Dvorsky.

“The amount of data coming from different sources is so unstandardized in the US healthcare system that to automate these processes you need a system that can do it at scale and is very robust.”

In Tel Aviv, the founders had personal connections with software and dev-op engineers and product managers with the right skills, Dvorsky says.

“Having an ocean between us always pays off when you have access to this incredible talent,” he told ISRAEL21c.

Vision for the near future

The June funding round led by Providence Ventures included UnityPoint Health Ventures, Almeda Ventures, Bridges Israel, Discount Capital, Accelmed, Sanara Ventures and Triventures.

This $ 20 million infusion will help TailorMed grow across the healthcare industry in the United States, says Dvorsky.

“While we have been very successful in growing the business, it is still a tiny part of the market. We can build on the successes we have had so far to help patients and have such a profound impact on the financial performance of providers. This is the vision we will be working on over the next few years.

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