The Obama administration has announced that it will be offering a grant program worth $1 billion to provide medical organizations with the opportunity to hire, train, and implementation of new workers. According to an announcement from the administration, the grant program has been named the Health Care Innovation Challenge and has been created in order to discover “the most compelling new ideas to deliver better health, improved care and lower costs to people enrolled in Medicare, Medicaid and the Children’s Health Insurance Program.” Secretary of Health and Human Services, Kathleen…
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Aetna acquires Omaha’s Payflex. Move may have economic implications
Health insurance giant Aetna Inc. has announced plans to purchase Payflex Holdings Inc., an administrator of health savings and flexible spending accounts in the health care industry. The purchase will set Aetna back by $202 million, but shows that the company has plans to expand their operations despite the changes coming to the industry. The deal may have deeper meaning as well, which may have roots in the state of the economy. Brian Gilbreath, president of the Nebraskan Association for Corporate Growth, says that there is growing confidence in the…
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