Here we go again, back to those Ingenix algorithms and business models, getting a rerun of sorts of what occurred in 2011. In 2011 there was one main lawsuit from the AMA along with many others that were filed (some being still settled) over using formulas t…
Continue ReadingThis settlement was a long time coming and it appears now it’s on the way for over $9 million. You may or may not remember when this lawsuit was filed against United Healthcare/Ingenix subsidiary six years ago so you can use the link below to read up. This …
How many companies used the Ingenix Data Base one has to question. While current Ingenix had a name change to Optum Insights a couple years ago and I think all the lawsuits might have had something to do with that. Another United Healthcare (Ingenix) Laws…
How many people know that Optum has a bank? They don’t offer any retail services outside of an Health Savings Account to the public but many companies offer this for people who have a high deductible health insurance policy. You can Argus Analytics Produces…
Here we go again. If you haven’t figured this out yet, when you buy a Cigna Health insurance policy you get a two for one with 2 insurers. Cigna provides the insurance benefits and then it’s pharmacy benefit manager, PBM OptumRX (biggest revenue sector subs…
We all know the home drug infusion business is growing as companies send out technicians and clinical personnel to administer treatments at home versus making a trip to the hospital or to the doctor’s office. This is yet one more subsidiary added to the app…
First question out of the barrel might be “how can that be”. It’s really not too difficult to figure out. A short while back United Healthcare bought a pharmacy benefit manager named Catamaran, and actually took on $10 billion in debt to acquire them. This…
We know Optum Labs is there to make money, selling slots to drug, device companies and others to have the “use” of mining their data. So far all we have had of any significance reported is the same thing Kaiser reported from their registry information on hip…