Vericred Launches Medicare Advantage API to Support Insur Tech & Digital Health Companies

Vericred, an NYC-based data services platform powering the digital distribution of health insurance and employee benefits, announced today a …
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Vericred Launches Medicare Advantage API to Support Insur Tech & Digital Health Companies

Vericred, an NYC-based data services platform powering the digital distribution of health insurance and employee benefits, announced today a Medicare Advantage rating API enabling InsurTech and digital health companies to build innovative solutions that serve the fast-growing Medicare-eligible population.

Growth of Medicare Advantage Plans

Medicare Advantage – also known as Medicare Part C – is a program in which individuals who qualify for Medicare enroll in certified health plans offered by private insurance companies, instead of the government-run Medicare plan. By providing supplemental, flexible benefits and low premiums, Medicare Advantage plans have proven increasingly attractive to Medicare enrollees. Nationwide, according to the Centers for Medicare & Medicaid Services (CMS), the number of Medicare Advantage enrollees have expanded this year to an all-time high of about 22 million, a 32 percent increase since 2015, and 91 percent of Medicare beneficiaries have access to 10 or more Medicare Advantage plans.

Vericred Medicare Advantage API Features

Using Vericred as their data foundation, technology companies building Medicare Advantage plan search and quoting solutions can now do so without acquiring and maintaining the necessary underlying data and logic. Vericred’s Medicare Advantage API returns detailed information for all relevant Medicare Advantage plans, including plan type, star rating, premiums, and cost sharing for in-network and out-of-network services. Further, the API enables powerful plan search functionality including shop-by-doctor and shop-by-drug, delivering actionable insights into provider and drug coverage of each plan.

Why It Matters

Additional plan options have generated a diverse, competitive over-65 insurance market where insurance carriers now vie for enrollees by offering differentiated benefits, such as vision and dental coverage, in-home support services, and wellness programs. Vericred’s comprehensive Medicare Advantage API supports technology companies with the critical data required to serve seniors, employers and brokers in this burgeoning market.

“There are more coverage options in the Medicare space than ever before, and as a result, plan choice can be a particularly complex and daunting process for seniors and brokers alike,” said Michael W. Levin, Vericred’s co-founder, and CEO. “Vericred’s Medicare Advantage API enables InsurTech platforms, online brokers and other innovators to develop solutions for this growing and intricate market. This data infrastructure, upon which our customers build their consumer and broker-facing products, will open new opportunities and functionality for our wide-ranging roster of clients.”

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Vericred Launches Medicare Advantage API, Empowering Tech Platforms to Serve Rapidly …

“Vericred’s Medicare Advantage API enables InsurTech platforms, online brokers and other innovators to develop solutions for this growing and …

NEW YORK–(BUSINESS WIRE)–May 6, 2019–Vericred, a data services platform powering the digital distribution of health insurance and employee benefits, announced today a Medicare Advantage rating API enabling InsurTech and digital health companies to build innovative solutions that serve the fast-growing Medicare-eligible population.

Using Vericred as their data foundation, technology companies building Medicare Advantage plan search and quoting solutions can now do so without acquiring and maintaining the necessary underlying data and logic. Vericred’s Medicare Advantage API returns detailed information for all relevant Medicare Advantage plans, including plan type, star rating, premiums, and cost sharing for in-network and out-of-network services. Further, the API enables powerful plan search functionality including shop-by-doctor and shop-by-drug, delivering actionable insights into provider and drug coverage of each plan.

“There are more coverage options in the Medicare space than ever before, and as a result, plan choice can be a particularly complex and daunting process for seniors and brokers alike,” said Michael W. Levin, Vericred’s co-founder and CEO. “Vericred’s Medicare Advantage API enables InsurTech platforms, online brokers and other innovators to develop solutions for this growing and intricate market. This data infrastructure, upon which our customers build their consumer and broker-facing products, will open new opportunities and functionality for our wide-ranging roster of clients.”

Medicare Advantage – also known as Medicare Part C – is a program in which individuals who qualify for Medicare enroll in certified health plans offered by private insurance companies, instead of the government-run Medicare plan. By providing supplemental, flexible benefits and low premiums, Medicare Advantage plans have proven increasingly attractive to Medicare enrollees. Nationwide, according to the Centers for Medicare & Medicaid Services (CMS), the number of Medicare Advantage enrollees has expanded this year to an all-time high of about 22 million, a 32 percent increase since 2015, and 91 percent of Medicare beneficiaries have access to 10 or more Medicare Advantage plans.

Additional plan options have generated a diverse, competitive over-65 insurance market where insurance carriers now vie for enrollees by offering differentiated benefits, such as vision and dental coverage, in-home support services and wellness programs. Vericred’s comprehensive Medicare Advantage API supports technology companies with the critical data required to serve seniors, employers and brokers in this burgeoning market.

About Vericred

Vericred ( www.vericred.com ) is a data services platform powering the digital distribution of health insurance and employee benefits. Vericred serves as a data translation layer between insurance carriers and technology companies that are transforming the way health insurance and employee benefits are quoted, sold, enrolled and managed. Vericred offers robust solutions for technology companies focused on the under 65 individual, Medicaid and Medicare markets, as well as the group market. For more information visit www.vericred.com or interact with us on Twitter, Facebook and LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190506005458/en/

CONTACT: Vericred

Zach Wallens

Communications Manager

212-235-5299

zwallens@vericred.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: SENIORS TECHNOLOGY DATA MANAGEMENT HEALTH PROFESSIONAL SERVICES INSURANCE CONSUMER GENERAL HEALTH

SOURCE: Vericred

Copyright Business Wire 2019.

PUB: 05/06/2019 10:36 AM/DISC: 05/06/2019 10:36 AM

http://www.businesswire.com/news/home/20190506005458/en

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I became a member of One Medical, a primary care practice that charges a $199 annual fee and …

I signed up to be a member of One Medical, a primary care practice that charges a $199 annual fee, and also bills your health insurance.One Medical …

Some come with monthly fees and don’t take insurance, some use additional technology, and some are geared toward employers or toward the elderly in the US.

To understand how healthcare is changing, I tried to get all my healthcare done via startups that promise to make getting care easier. That included picking out a place to get primary care.

Thinking of my own healthcare needs, I landed on One Medical, a company that charges a $199 annual fee and offers same- or next-day appointments with doctors or other healthcare professionals that users can book online. The company in 2018 raised $350 million in funding , and it’s expecting to double the number of medical clinics it operates over the next two years. It currently has 72 locations in nine cities.

Read more: Healthcare startups like Flatiron Health, One Medical, and Oscar Health all use an eerily similar font. We investigated why.

Initially, I’d tried to sign up for an annual visit and a well woman’s visit as part of the appointment. It seemed like my only option after selecting the annual visit. I then picked a time slot.

I was surprised to find that there weren’t any doctors available to meet with me at my nearest location, though there were appointments with other medical professionals such as physician assistants and nurse practitioners. I went back to One Medical’s website and noted that there was a doctor at the Wall Street location, but shewasn’t accepting new patients.

availability one medical availability one medical

Not a big deal, as I remembered meeting mainly with PAs in my other New York primary care visits, so I went for it anyway. Since I booked my appointment, I noticed that there’s now a doctor at the Wall Street location who is accepting new patients, so the shortage might have been temporary.

Jenni Vargas, One Medical’s chief strategy officer, said that there’s usually a mix of providers in each One Medical office, though the company finds that nurse practitioners and physician assistants have comparable customer satisfaction scores to doctors.

The day before my appointment, I got a call from One Medical. It turns out, I hadn’t hit the right buttons as I was signing in. Initially, I’d planned to use the visit as my annual check-up, but since I’d basically done that earlier in the week at Tia, and because I’d have to reschedule, I decided to switch to a check-in visit to discuss some pain I’d been feeling in my knee after running a half marathon in March.

My appointment was at One Medical’s Wall Street location, a few blocks away from my office. It was slick getting up to the office, and the views prompted me to take a photo.

We were on the 45th floor, and it was cool to see out over the water, with One World Trade to the left of my view.

One Medical Wall Street One Medical Wall Street

The exam room I was in had an equally nice view. It tempted me to take a selfie when I had a minute to spare.

One Medical selfie One Medical selfie

During the visit, I explained what was bothering me, what I assumed might’ve happened (the route took me over the Manhattan bridge, which was incredibly cool but also a steep downhill I hadn’t trained for). My provider examined my knee and asked where I was feeling pain.

I had been stubborn and running on my knee as usual, which didn’t do me any favors, so hearing from a professional that I should give it a rest was helpful. She gave me a course of action (rest, alternative exercise, knee brace, icing, and ibuprofen would all be key), and passed along a referral to a physical therapist should I need it.

I used One Medical’s messaging feature to follow up about the progress of my knee and to make sure I wasn’t missing anything. It was nice to have that communication channel open.

On my way out, I checked in with the front desk, which informed me that I didn’t have to pay anything today, but I would have coinsurance associated with the visit. I called my health plan after, and the plan informed me that since my visit wasn’t preventative, it would go toward my deductible, meaning I’ll be on the hook for the full negotiated rate.I still haven’t received a bill.

Vargas told me that now that I’m a member, I’ll start to receive notifications for things like coming in to get my flu shot, or things I should do to keep myself healthy. So far, I’ve gotten messages about measles and seasonal allergies. The allergies one advised me to use my One Medical app (which I downloaded at Vargas’s suggestion) to get care without coming in for a visit. Usually I just muddle through a few weeks of pollen-covered NYC, but if it gets bad, I might turn to the app for relief.

The expectations One Medical has to live up to

Because I’d only have time to use One Medical once before submitting this, I turned to Ariel Schwartz , an editor on our science team who’s a longtime One Medical member, to get her perspective on the company.

Schwartz had been using One Medical in San Francisco for a number of years and found it convenient (an office was in her office building).

But since moving to New York a year ago, she’s been less excited about the service. For one, she found it hard to book an appointment with a doctor, rather than a PA or nurse practitioner.

And some of the perks that initially drew her to One Medical, like messaging and booking online, are now routinely available at other doctor’s offices, making her rethink the annual fee.

That’s a challenge for One Medical. As healthcare practices get more tech-savvy and customer-friendly, potentially all covered by a traditional copay rather than additional fee, One Medical will have to work harder to stand out.

I came into this assignment assuming that One Medical would be geared toward me, a healthy 26-year-old who usually goes in once a year for an annual exam. I’m less sure now if it’s worth the additional $199, since I’m pretty hands-off.

Also, with my high-deductible plan, I’m anxious to see how big my bill will be for the quick check-in visit.

But the jury’s still out. Going forward, I’m interested to test out some of the more virtual features to see if it can prevent me from getting hit with a high office visit bill, given the high deductible health plan I’m on. If it can save me money on say, an urgent care visit down the line, it might be worth it.

Are you a One Medical user? We’d love to hear about your experience. Contact the author at lramsey@businessinsider.com.

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Brazil Elderly Care Market Size 2019: Dominated by Koninklijke Philips NV, Right At Home, LLC …

Some of them are Intel Asia Holding Limited (Hong Kong), Intel Capital (Cayman) Corporation (Cayman Islands) and Intel Semi-Conductors (Israel) …
Brazil Elderly Care Market

Brazil Elderly Care Market

The Brazil Elderly Care Market report provides explanation about market trends, future prospects, market restraints, leading market drivers, market segments, key developments, key players in the market, and competitor strategies. Brazil Elderly Care Market report is very consistent as all the data and information regarding the Healthcare IT industry is derived via authentic sources such as websites, journals, annual reports of the companies, and magazines. CAGR values mentioned in the report gives evaluations about the rise or fall of the product demand in the forecasted time period. Data and information included in this report aids businesses take superior decisions and improve return on investment (ROI).

With this market report, insights and realities of the Healthcare IT industry can be focused which helps keep the business on the right track. A thorough analysis has been performed in this report to know the potential of the market in the present and the future prospects from various angles. The report contains remarkable market data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry. Brazil Elderly Care Market report also contains a precise investment analysis which forecasts forthcoming opportunities for the market players in the Healthcare IT industry.

Request for FREE SAMPLE Report @ databridgemarketresearch.com/request-a-sample/?dbmr=brazi…

Brazil Elderly Care Market is expected to reach USD 93.7 Billion by 2025 from USD 61.5 Billion in 2017, at a CAGR of 5.5% in the forecast period 2018 to 2025. Also the Brazil Elderly Care Market, By Type({Home Care (Health Care, Non Medical Home Care), Adult Day Care, Institutional Care (Nursing Homes, Hospital Based, Assisted Living, Independent Senior Living)}), Product Type (Pharmaceuticals, Housing & Assistive Devices, Technology) – Industry Trends and Forecast to 2025

Key Points: Brazil Elderly Care Market

The Brazil elderly caremarket highly concentrated to a few big players and rest to local players who cater to domestic markets only. Koninklijke Philips N.V. dominated the Brazil elderly care market accounting for a highest market share in 2017, followed by Intel Corporation. Other players in this market include are Right At Home, LLC., Profilico Group Ltd., Exceptional Living Center At Brazil among others.

Koninklijke Philips N.V.:

Founded in 1891 and headquartered in Amsterdam, Netherlands. The company Koninklijke Philips N.V. operates as a health technology company worldwide. Koninklijke Philips N.V. operates mainly through 3 business segments i.e. Philips Consumer Lifestyle, Philips Health Care and Philips Lighting. Additionally, the company offers healthcare information technology (IT), clinical, and visualization and quantification informatics solutions for radiology, cardiology, and oncology departments; universal data management solutions, picture archiving and communication systems, and integrated electronic medical record systems; clinical and hospital IT platforms; technology-enabled monitoring and intervention, actionable program, cloud-based, and population health management software solutions.

The company has many subsidiaries across the globe. Some of them are Philips Health Care Informatics (U.S), Invivo Corporation (Germany), Philips GmbH (Finland), Philips Medical Systems Spa (Italy) and others. The company has its presence in Netherlands, U.S., Germany, Japan, India, France, China and other international countries. The research and development center of Koninklijke Philips N.V. is in Cambridge, U.S.

Intel Corporation:

Founded in 1968 and headquartered in California, U.S., Intel Corporation is focused on designing, manufacturing, and selling computer, networking, data storage, and communication platforms worldwide. The company operates through client computing group, data center group, internet of things group, non-volatile memory solutions group, programmable solutions group, and all other segments.

It also provides NAND flash memory products primarily used in solid-state drives and programmable semiconductors and related products for communications, data center, industrial, military, and automotive markets. In addition, the company develops computer vision and machine learning, data analysis, localization, and mapping for advanced driver assistance systems and autonomous driving.

The company has various subsidiaries in Asia, Europe, North America, South America and Israel. Some of them are Intel Asia Holding Limited (Hong Kong), Intel Capital (Cayman) Corporation (Cayman Islands) and Intel Semi-Conductors (Israel) The company has its presence in U.S., Europe, Australia, Philippines, China, France, Germany, Spain, Finland, Israel, India, Hong Kong and U.K. The company has presence across 15 countries and the healthcare information technology solutions are implemented in more than 30 countries globally. The research and development centers of the company are located in U.S. in the cities namely, Berkeley, Washington, Pittsburg, Cambridge, Hillsboro, California and in India namely Bangalore.

RIGHT AT HOME, LLC.:

Founded in 1995 and headquartered in Nebraska, U.S., Right at Home is focused on providing in home supportive care and assistance services to senior citizens and disabled adults. It offers care services, such as companionship/homemaking services, including safety supervision, transportation, socialization, cognitive stimulation, monitoring home, cooking, light housekeeping, organization, laundry services, and respite care; physical assistance, such as ambulatory and wheelchair assistance, getting dressed, positioning in chair or bed, and transfer between bed and chair; hygiene services, including bathing and showering assistance, bed baths, grooming, shaving, oral hygiene, and toilet and incontinent care; wellness services, including light exercise program assistance, meal planning, medication reminders, and cognitive stimulation; and skilled nursing services, such as visiting nurses, medication set-up and administration, insulin injections, wound care, dressing changes, catheter care, ostomy/colostomy care, and skilled hospice support. The services above are available in three segments, i.e. Care, Special Care and Home Care. The company operates in U.S. and also through its franchise offices situated in U.S., U.K., Brazil and China. The company offers its products in U.S., U.K., China, and Brazil..

Buy Full Report @ databridgemarketresearch.com/inquire-before-buying/?dbmr=…

Market Segmentation: Brazil Elderly Care Market

The Brazil elderly care market is segmented based on product type into two notable segments; pharmaceuticals and housing and assistive devices. The Brazil elderly care market is dominated by housing and assistive devices with 91.3% market share in 2017 and is expected to grow at the highest CAGR of 5.6% in the forecast period.

The Brazil elderly care market is segmented based on service into three notable segments; institutional care, homecare and adult day care. The homecare is sub segmented into health care, non-medical care. The healthcare segment is sub segmented into medical care, physiotherapy services, telehealth, palliative care and hospice care. The non-medical care segment is sub segmented into personal care, rehabilitation and others. In 2017, homecare market will dominate with 64.2% shares and will consume around USD 62.2 billion by 2025. It is growing at the highest CAGR of 5.9% in the assessment period.

The Brazil elderly care market is segmented based on application into nine notable segments; heart diseases, cancer, kidney diseases, diabetes, arthritis, osteoporosis, neurological, respiratory and others. In 2017, the heart diseases market is estimated to dominate market with 24.0% shares and will collect around USD 24.1 billion by 2025, rising with the CAGR of 6.4%.

The Brazil elderly care market is segmented based on mode of remuneration into three notable segments; government insurances, private insurances and out of pocket services. In 2017, government insurances market is expected to dominate market with 60.5% shares and is estimated to reach USD 57.73 million by 2025, growing with a CAGR of 5.7%.

Avail 10% Discount on Direct Purchase Kindly Send the Email @ sopan.gedam@databridgemarketresearch.com

Table of Contents:

1. INTRODUCTION

1.1. OBJECTIVES OF THE STUDY

1.2. MARKET DEFINITION

1.3. OVERVIEW OF BRAZIL ELDERLY CARE MARKET

1.4. CURRENCY AND PRICING

1.5. LIMITATION

1.6. MARKETS COVERED

2. MARKET SEGMENTATION

2.1. MARKETS COVERED

2.2. YEARS CONSIDERED FOR THE STUDY

2.3. CURRENCY AND PRICING

2.4. RESEARCH METHODOLOGY

2.5. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS

2.6. SECONDARY SOURCES

2.7. ASSUMPTIONS

3. EXECUTIVE SUMMARY

4. PREMIUM INSIGHTS

5. BRAZIL ELDERLY CARE MARKET, BY PRODUCT TYPE

6. BRAZIL ELDERLY CARE MARKET, BY SERVICE

7. BRAZIL ELDERLY CARE MARKET, BY APPLICATION

8. BRAZIL ELDERLY CARE MARKET, BY MODE OF REMUNERATION

9. BRAZIL ELDERLY CARE MARKET, COMPANY LANDSCAPE

9.1. COMPANY SHARE ANALYSIS: BRAZIL

10. COMPANY PROFILE

10.1. KONINKLIJKE PHILIPS N.V.

10.2. RIGHT AT HOME, LLC.

10.3. PROFILICO GROUP, LTD.

10.4. EXCEPTIONAL LIVING CENTER OF BRAZIL, LLC.

10.5. INTEL CORPORATION

Get Detailed TOC @ databridgemarketresearch.com/toc/?dbmr=brazil-elderly-car…

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Data Bridge Market Research

Tel: +1-888-387-2818

Email: sopan.gedam@databridgemarketresearch.com

This release was published on openPR.

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SacValley MedShare Accelerates Interoperability Scale with the Zen Healthcare IT Gemini …

The flexible integration as a service platform offered through Gemini will expand and accelerate data exchange and data quality across the 16-county …

We (SVMS) are able to better leverage our full technology stack so our providers can more effectively share information to improve patient care.

COSTA MESA, Calif. (PRWEB)April 29, 2019

Zen Healthcare IT (“Zen”), a leader in healthcare data interoperability technology and services, has been selected as the healthcare data integration platform solution for SacValley MedShare Health Information Exchange (“SVMS”). The flexible integration as a service platform offered through Gemini will expand and accelerate data exchange and data quality across the 16-county region in Northern California served by SVMS.

Robust clinical exchange technology is a requirement for regions of the country where populations are geographically dispersed and distance between care settings makes care coordination more difficult. Providers become very dependent on the ability to share patient information securely and obtain high quality data from hospitals and doctors’ offices where their patients may have traveled to receive care.

“Our role is to improve quality and safety of healthcare throughout Northern and the North Central Valley of California,” says Elizabeth Steffen, Executive Director of SacValley MedShare. “We are actively accelerating how we make connections with healthcare organizations through the technology and services provided by Zen Healthcare IT. With Gemini, we are able to better leverage our full technology stack, so our providers can more effectively share information to improve patient care.”

SVMS is using the Zen Gemini Enterprise Integration Platform, a fully-managed technology model commonly referred to as “Integration as a Service” (IaaS). The platform enables them to create and maintain interfaces between healthcare organizations. The managed services infrastructure helps HIEs operate very efficiently and deliver high volumes of quality data within environments where scale and reliability are mission critical.

“The SVMS team has already proven to be health information exchange heroes as they helped patients and providers navigate devastating fires within their region,” explains Marilee Benson, President of Zen Healthcare IT. “We are honored to expand our collaboration with them and give them practical tools to scale their infrastructure, make it easier to on-board providers, and give them peace of mind around performance and reliability.”

The Zen Gemini Integration Platform is purpose-built to deliver high quality data exchange for HIEs, hospitals, health systems, medical technology vendors, and health plans, especially accountable care models. By using Gemini, these organizations enjoy the fully managed technology infrastructure as well as Zen expertise in Carequality and eHealth Exchange connectivity. The platform also provides options for centralized data aggregation capabilities to house, analyze, and visualize information, giving healthcare organizations much more control of their data destiny. Inquiries about the Gemini Integration Platform and services are welcome and can be directed to info(at)consultzen.com or through calling the interoperability services hotline at 949-396-0361.

About Zen Healthcare IT

Zen Healthcare IT (“Zen”) is an interoperability technology and consulting firm. Zen helps all stakeholders in healthcare – vendors, providers, payers, HIEs, and ACOs – simplify interoperability. Using technology tools and years of interface development and support experience, Zen solution architects and engineers design and build use-case driven solutions for health information exchange. The Zen team solves problems ranging from data acquisition, data normalization and aggregation, and data delivery challenges. The Zen national client-base leverages our broad range of services, on-demand engineering, and disruptive Gemini Integration Platform to help overcome interoperability obstacles and create sustainable health information exchange infrastructures. Learn more at http://www.ConsultZen.com.

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