Medicaid Expansion Spurs Enrollment, Premium Revenue Increases in First Half of 2014, New AIS Report Finds
(PRWEB) September 11, 2014
After several years in development, the expansion of the Medicaid program is now showing real results. Atlantic Information Services, Inc. (AIS) the industry-leading publisher of Medicare Advantage News, AIS's Medicare and Medicaid Market Data: 2014 and the authoritative AISs Directory of Health Plans has analyzed the latest available data on Medicaid expansion efforts in Medicaid Expansion: Mid-Year 2014 Results, a new report that provides a thorough picture of how the Medicaid market is shaping up right now.
With data comparing Medicaid enrollment stats from the June/July timeframe to the beginning of 2014, analysis in Medicaid Expansion: Mid-Year 2014 Results has found:
Enrollment in all Medicaid programs, including SCHIP and other related programs, is up nearly 11% nationally during the first half of 2014.
21 managed care companies have entered the Medicaid market for the first time in states with Medicaid expansion programs.
In total, existing plans that increased enrollment in Medicaid expansion states have gained more than 3.9 million members, and these new members represent 5% of the total managed Medicaid membership in these states.
Based on a sample group, premium revenue is up by an average of 10.2%.
Through clearly presented charts, tables and narrative summaries, Medicaid Expansion: Mid-Year 2014 Results makes it easy for users to:
Compare changes in Medicaid enrollment between participating states and non-participating states to help quantify outcomes.
Analyze the expanding or shrinking market share by state, by company or by county and see how new Medicaid plans are faring.
Learn which companies have earned the most market share in each state and how they have balanced new revenue opportunities with increased operational spending.
Determine the percentage of a participating states population that is enrolled in Medicaid, and how that number has changed over the first half of 2014.
Understand which counties in each state are experiencing the greatest enrollment increases.
Identify the top issues for states that arent participating in Medicaid expansion, and the potential cost savings they are missing.
Assess the financial impact for companies that made investments or acquisitions to enter certain state Medicaid markets in anticipation of expansion.
Understand the extent to which Medicaid expansion is actually resulting in greater enrollment and premium revenue for plans operating in those states.
The research and data tracking in Medicaid Expansion: Mid-Year 2014 Results is conducted by AISs in-house Directory & Databases division, which works exclusively for AIS to collect the latest available Medicaid enrollment per company, state and county. Sources are state Medicaid agencies and Medicaid managed care organizations.
For more information, including a full table of contents, visit http://aishealth.com/marketplace/medicaid-expansion-results.
About Atlantic Information Services
Atlantic Information Services, Inc. (AIS) is a publishing and information company that has been serving the health care industry for more than 25 years. It develops highly targeted news, data and strategic information for managers in hospitals, health plans, medical group practices, pharmaceutical companies and other health care organizations. AIS products include print and electronic newsletters, websites, looseleafs, books, strategic reports, databases, webinars and conferences. Learn more at http://AISHealth.com.
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Denville, New Jersey (PRWEB) July 25, 2014
Healthcare Corporation of America (OTCQB: HCCA) announced today that it filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under Section 12(g) of the Securities Exchange Act of 1934, as amended (the "Act"). The Company is eligible to deregister its common stock by filing a Form 15 under Section 12(g) of the Act because the Company currently has fewer than 300 holders of record of its securities. The Company expects that its obligation to file periodic reports, such as Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, under Section 13(a) of the Act will be suspended upon the filing of the Form 15. The deregistration under Section 12(g) of the Act is expected to be effective 90 days after the filing of the Form 15 at which time the Companys other filing requirements under Section 13(a) of the Act will terminate.
The Companys common stock is currently traded on the OTCQB, operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities. The Company expects that its common stock will continue to be quoted on the OTCQB until its periodic reporting obligations under Section 15(d) of the Act are suspended, at which time the Company anticipates its common stock will be traded on OTC Pink Market, so long as market makers demonstrate an interest in trading in the Company's common stock. However, there is no assurance that trading in the Company's common stock will continue on the OTC Pink Market or on any other securities exchange or quotation medium.
The decision of the Company's Board of Directors to deregister its common stock was based on the consideration of numerous factors, including the large costs of preparing and filing periodic reports with the SEC, the increased outside accounting, audit, legal and other costs and expenses associated with being a public company, the burdens placed on Company management to comply with reporting requirements, and the low trading volume in the Company's common stock. After deregistration of the Companys common stock is effective and its periodic reporting requirements are suspended, the Company intends to continue to provide interim unaudited financial information and annual audited financial information to its stockholders.
Natasha Giordano, the Companys Chief Executive Officer, commented, These actions are designed to reduce our operating costs. The consequences of remaining an SEC-reporting company, which includes significant costs and management time associated with regulatory compliance, outweighed the current benefits of being a publicly reporting company.
About the Company
Based in Denville, N.J., Healthcare Corporation of America's (HCCA) mission is to reduce prescription drug costs for clients while improving the quality of care for its members and their families. The Company is an industry leader that offers comprehensive Pharmacy Benefit Management (PBM) services to employers, unions, and third party administrators. The Company also provides innovative, proprietary 340BasicsSM software and turnkey solutions that enable real-time eligibility processing to help covered entities and hospitals improve their capture rate and manage all processes related to the Federal 340B Drug Discount Program. The Companys deep industry expertise, unique clinical programs and innovative software and services facilitate our intensive auditing capabilities for both PBM and 340B programs for maximum financial savings, compliance, as well as improved quality of care for its clients and members. To learn more, visit http://www.hccarx.com.
Certain information and statements contained in this news release are forward-looking statements. These forward-looking statements can be generally identified as such because they include future tense or dates, are not historical or current facts, or include words such as believe, may, expect, intend, plan, anticipate, or words of similar import. Forward-looking statements express managements current expectations or forecasts of future events or outcomes, but are not guarantees of performance or outcomes and are subject to certain risks and uncertainties that could cause actual results or outcomes to differ materially from those in such statements.
HCCA does not undertake any obligation to update or revise publicly any forward-looking statements to reflect information, events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events or circumstances.
Scott Weeber, (973) 983-6300
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Caduceus Medical Group Pediatrics Offers Complimentary EKGs at Caduceus 4 Kids, Yorba Linda, California
Yorba Linda, CA (PRWEB) July 10, 2014
Routine EKG testing has been controversial due to the additional cost, often creating an additional financial burden for families that have seen co-pays and deductibles increase with the implementation of the ACA in 2014. Caduceus is committed to continue its pledge as one of the trendsetters in the medical field, putting patients before profits and ultimately enhancing the overall patient experience. This decision will continue to enhance patient care by expanding its existing complimentary concierge services, thereby improving medical outcomes for patients.
Caduceus Medical Director, Gregg DeNicola MD, adds, If we can identify even one young patient with an otherwise unknown cardiac condition, thus preventing a serious or even life threatening outcome, then the implementation of this new policy speaks for itself. Dr. DeNicola also shares that with early detection many of these outcomes could have been avoided, as referenced in this recent article in the Wall Street Journal.
Both existing patients and those new to Caduceus may take advantage of this complimentary service, available on the Yorba Linda campus at Caduceus 4 Kids in the Life Center, 18210 Yorba Linda Blvd. Ste. 404. No appointment is necessary, and EKG walk-ins are also welcome.
Caduceus Medical Group, is an Orange County CA primary care, ob-gyn, pediatrics, and specialty medical group, and has received extensive local and national news coverage for its unique approach to medical care, focusing on an effort to provide access to all through innovation and online complimentary concierge services. As one of the only remaining locally owned and managed medical groups in Orange County, providing the ultimate patient experience is critical for the group to continue to grow and thrive in the communities served.
Access to all is the cornerstone of its philosophy at Caduceus Medical Group. The group takes most forms of insurance and offers discounted cash pricing for those uninsured or underinsured. Caduceus is also participating in all plans and tier levels of the state exchange, Covered California.
About Caduceus Medical Group
Caduceus Medical Group is a community based multi-specialty medical group practice and management services company. Caduceus Medical Group is owned exclusively by doctors and features a unique business model that keeps it independent from interference by health plans or hospitals. Step into the Caduceus Medical Group lobby and notice the difference right away. Patients are immediately greeted by assistants with computer tablets that will confirm appointments and get complimentary espresso drinks or bottled water.
Not having an appointment is not a problem as walk-ins and urgent care patients are always welcome. Caduceus Medical Group offers easy communication with staff who can answer medical questions including internet access to their physician and a smartphone app for additional access for patients. The Caduceus website is patient friendly for appointment setting, full of patient educational resources, and archives their informative monthly e-newsletter.
Patients choose Caduceus Medical Group because they value their health, time, and a medical practice that supports their right to the best in care with access to all.
For more information contact:
Director of Marketing and Patient Relations
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Guardian Data Systems Named Second Best High Risk Processing Agency by topcreditcardprocessors.com for July 2014
(PRWEB) July 04, 2014
topcreditcardprocessors.com, the independent authority on credit card processors, has named Guardian Data Systems the second best high risk processing firm for July 2014. Each month the independent research team at topcreditcardprocessors.com analyzes thousands of companies to establish which companies produce the strongest solutions. The rankings are updated on a monthly basis to account for the latest developments within the payment processing industry.
The independent research team at topcreditcardprocessors.com performs a thorough investigation of the competing services in order to stay aware of the latest accomplishments within the industry. Competing services are investigated through the use of five areas of evaluation in areas including customer support, security, reliability, efficiency, and competitive rates. The recommendations consist of the best high risk processing services each month with the recommendations being updated due to the latest information obtained from the investigation.
For a more in-depth evaluation, the independent research team connects with client references. Clients are questioned to obtain their insight on the solutions provided to them. This provides valuable insight into the internal processes and methodologies of the company offering the solution. In many cases clients contact topcreditcardprocessors.com directly to voice their opinions.
The recommendations are released monthly to assist businesses in selecting a top contending high risk processing company. Guardian Data Systems has been showcased in the list due to their impressive solutions identified through the proprietary examination process. Thousands of credit card processing firms are considered each month but only the truly best are considered for the recommendations.
About Guardian Data Systems
Guardian Data Systems is one of the leaders in financial consulting and merchant services. They specialize in providing merchants with all the tools they need to process credit cards, debit cards, electronic checks, and other forms of payment common to the merchant processing industry. Guardian Data Systems has built a strong reputation in the credit card processing world by focusing on more than just retail credit card processing.
topcreditcardprocessors.com is an established independent research firm focusing on the investigation and rankings of credit card processing agencies all around the world. The rankings are produced by the independent research team each month to feature the top high risk processing agencies based on their accomplishments and their rating achieved through the proprietary investigation process.
For more information about Guardian Data Systems visit:
To view the ratings of the best high risk processing agencies visit:
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Las Vegas, Nevada (PRWEB) June 04, 2014
The U.S. minimum wage should be increased, according to a new poll by http://www.MoneyExaminers.com. Two out of three respondents to the survey (67%) said that the minimum wage, paid to most fast food workers and others working in low-skilled jobs should be increased.
The survey results were released just after the Seattle, Washington city council unanimously voted to impose the highest minimum wage in the country of $ 15 an hour. The wage hike, which will be implemented over a series of years, is an historic achievement for workers who have staged protests across the nation in efforts to get minimum wages increased.
The pay increase will benefit about 25% of Seattle's work force, including a large number of women and minorities. The jump in wages will more than double the federal minimum wage, which is currently set at $ 7.25 an hour.
The Seattle increase may also propel efforts to gain higher minimum wages across the nation, and put pressure on Congress to consider legislation to hike minimum wages for workers across the country, including McDonald's, Subway and Taco Bell workers, where minimum pay standards have been the norm for decades.
Follow Money Examiners financial news analysis on personal finance in the new economy, with forecasts on the economy and the insider knowledge that consumers seek. Money Examiners regularly survey visitors on important financial issues that matter to consumers. Journalists, including experts in stocks, bonds, real estate, life styles of the rich and famous, money management and personal finance cover issues that consumers want to find out about following the money.