AIS's Health Business Daily

AIS's Health Business Daily
Strategic Business News from Experienced Health Care
Reporters at Atlantic Information Services, Inc.
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Sept. 2, 2010

Today's Featured Story

Final Part D Agreement Between CMS and Drugmakers Provides More Time to Pay Health Plans
Reprinted from MEDICARE PART D NEWS

CMS gave manufacturers additional time to pay sponsors in the final version of the Medicare Part D gap discount program manufacturers’ agreement, but industry experts are still split on whether the time allotted is sufficient....Read Full Story

Quote of the Day

Under reform, the traditional constituency for community health centers “will by and large be in Medicaid or a premium-subsidized benefits exchange product. They’re not going to be charity care anymore. So the centers have to be able to market to that new reality — with…billing systems, investing to make [facilities] attractive to choose — and they have to execute contracts with these exchange plans. And that’s a different business model. It’s a different world. They aren’t the only game in town now, [along] with the emergency room, for these people to get care.”

— Stephen Wood, senior vice president at Ingenix Consulting, told AIS's HEALTH REFORM WEEK.

Buy the issue of AIS'S HEALTH REFORM WEEK in which this quote appeared (PDF transmitted immediately).

Today's Datapoint

$19.5 billion…was the approximate cost of medical errors to American health plans and their members in 2008, according to a new report by the Society of Actuaries.

Buy the issue of HEALTH PLAN WEEK in which this datapoint appeared (PDF transmitted immediately).

People on the Move

Joseph A. Frick will retire as president and CEO of Independence Blue Cross on Dec. 15. Frick will maintain a leadership role with IBC, serving as a vice chair of its board of directors and leading a newly created board committee that will focus on strategic partnerships and initiatives. Daniel J. Hilferty will become the new president and CEO. Hilferty was executive vice president and president of IBC's Health Markets unit.…Pharmacy benefit manager PharmaStar LLC named Rhonda Grabow chief operating officer. Grabow was vice president, strategic planning at Innoviant, Inc.

Today's Featured Health Business Job Opening

Harvard Pilgrim Healthcare

Chief Medical Officer

Burlington, Mass.

Content questions or suggestions should be directed to BJ Taylor, editor of AIS's HEALTH BUSINESS DAILY, at bjtaylor@aishealth.com. If you are interested in sponsoring AIS's HEALTH BUSINESS DAILY, please contact Bailey Sterrett at bsterrett@aishealth.com.

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