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Latest Benefit News & Updates

Telemedicine Gets Thumbs Up, MS Specialists Say

Telemedicine Gets Thumbs Up, MS Specialists Say

Most multiple sclerosis (MS) healthcare providers have used telemedicine to care for patients and want to keep using it, survey data showed. Of MS providers across the country who completed an online survey, 76% said they've used telemedicine to see patients, reported … [Read More...]

MDLive to be acquired by Cigna’s Evernorth

MDLive to be acquired by Cigna’s Evernorth

Telehealth provider MDLive is being acquired by Cigna's health services subsidiary Evernorth, the two companies announced this morning. The deal is expected to close sometime in Q2. The terms of the deal were not disclosed, although Cigna said that it would share additional … [Read More...]

Automating ‘high level’ healthcare tasks can create high value savings

Automating ‘high level’ healthcare tasks can create high value savings

Busakorn Pongparnit/Getty ImagesWith the recent influx of data across the healthcare industry, the time to fully implement artificial intelligence and machine learning is now, according to Brandon Sim, the chief technology officer and chief operating officer at ApolloMed, a … [Read More...]

Latest HSA News

ECFC Requests Congressional Leadership Include Cadillac Tax Repeal in Year-End Legislation

[ad_1] ECFC Requests Congressional Leadership Include Cadillac Tax Repeal in Year-End Legislation Wednesday, December 4, 2019   (0 Comments) Posted by: Staff ECFC sent  this … [Read More...]

How Much Should I Contribute To My HSA?

[ad_1] During enrollment season, people who own a Health Savings Account (HSA), or have recently opened one, wonder, “How much should I contribute to my HSA?” HSAs are a unique tax-advantaged tool for healthcare consumers to pay for qualified healthcare expenses. … [Read More...]

FBI Releases an Intelligence Bulletin Outlining Methods Used to Commit Fraud Against HSAs

[ad_1] FBI Releases an Intelligence Bulletin Outlining Methods Used to Commit Fraud Against HSAs Friday, September 27, 2019   (0 Comments) Posted by: Staff Several HSA service … [Read More...]

Industry Updates

Prop 22 passes: Uber and Lyft drivers will continue as independent contractors in California

As part of the US election ballot, voters in California also decided the fate of the state’s Uber and Lyft drivers by deciding to have them classified as independent contractors. Reports say that 58% of Californian voters voted in favor of Proposition 22, the proposal backed by Uber, Lyft, and DoorDash to campaign against AB5 legislation that would classify gig-workers as … [Read More...]

Talking About Mental Health with Your Employees — Without Overstepping

Three tips. Read More … [Read More...]

Venture Capital Funding in Digital Health Sector Reaches $8.9 Billion in 2019

AUSTIN, Texas--(BUSINESS WIRE)--Mercom Capital Group, LLC, a global communications and research firm, released its annual report on funding and mergers and acquisitions (M&A) activity for the Digital Health / Healthcare Information Technology (IT) sector for 2019. Mercom’s report covers deals of all sizes from around the world. Get the full report Global venture … [Read More...]

Latest News From Across The Industry

Sentara Healthcare manages demands of Epic EHR with remote hosting

Sentara Healthcare manages demands of Epic EHR with remote hosting

Sentara Healthcare, a health system based in Norfolk, Virginia, uses an Epic electronic health record that connects its 12 hospitals and various clinics on the same platform. This has enabled clinicians to access and exchange patient records more quickly. "Epic is presented to clinicians via a presentation layer, which is … [Read More...]

Biden Makes Good on Two Early Promises

Biden Makes Good on Two Early Promises

WASHINGTON -- President Biden directed his administration Thursday to reverse actions by the Trump administration that Biden said had hurt women's access to reproductive healthcare and made it harder for people to enroll in Affordable Care Act (ACA) health insurance and in Medicaid. The executive orders and memorandum … [Read More...]

CIOs weigh in on the most useful tools for the COVID-19 vaccine rollout

CIOs weigh in on the most useful tools for the COVID-19 vaccine rollout

As the COVID-19 vaccination efforts have continued throughout the United States, hospitals and health systems have often been on the front lines of scheduling and allocating inoculations for staff members and, increasingly, eligible members of the public. A number of vendors have joined new innovation collaboratives, … [Read More...]

Telehealth fraud: Tampa pharmacy owner faces 10 years for $931M conspiracy

Telehealth fraud: Tampa pharmacy owner faces 10 years for $931M conspiracy

The U.S. Department of Justice announced Monday that four people and one company have recently pleaded guilty in a telemedicine pharmacy healthcare-fraud conspiracy that allegedly lasted for years. The group was charged with a conspiracy to defraud pharmacy benefit managers out of $174,202,105 by submitting $931,356,936 for … [Read More...]

Top 10 Technology Hazards: Pandemic Plays Key Role

Top 10 Technology Hazards: Pandemic Plays Key Role

The pandemic has posed unprecedented challenges for patient care — difficulties faced each day by clinicians, clinical engineers, IT specialists, supply chain managers, and other healthcare professionals. As a result, ECRI notes in its 14th annual report on the top 10 health technology hazards, that a number of new threats … [Read More...]

Banyan Health Systems cycles telehealth ‘kits’ among those in need

Banyan Health Systems cycles telehealth ‘kits’ among those in need

Within just two weeks of the first COVID-19 pandemic shutdown, Banyan Health Systems, based in Miami, Florida, transitioned healthcare services to telehealth. Prior to the pandemic, the health system only used telehealth internally, providing practitioner consults between residential facilities and outpatient centers. After … [Read More...]

companybenefit.com virus updates

Breaking Health Updates:

UK’s Integumen Unveils Prototype COVID-19 Breath Test

LONDON (Reuters) - Integumen, a British … [More...]

Becton Dickinson Reaches $60 Million Settlement Over Pelvic Mesh Devices

NEW YORK (Reuters) - Becton Dickinson and Co … [More...]

Birx: Not Considering Leaving Coronavirus Task Force

Editor's note: Find the latest COVID-19 news … [More...]

COVID-19 LIVE UPDATES: Kansas reports 262 new cases, while Missouri adds 211 on Wednesday – KMBC Kansas City

The Kansas City metro has emerged from … [More...]

Experts suggest improving ventilation may reduce coronavirus spread – CBS News

A study finds that improving ventilation can … [More...]

All Coronavirus Posts:

Robot That Can Perform ‘Supermicrosurgery’ Passes First Test in Humans – Gizmodo

The MUSA robotic platform, developed by MicroSure. Image: MicroSureA surgical robot capable of reconnecting vessels with diameters as tiny as 0.3 millimeters has been tested on human patients, and the results are promising. New research published in Nature Communications describes MUSA—the first robotic system designed exclusively for performing reconstructive supermicrosurgery. Using the system, surgeons were able to reconnect vessels with diameters between 0.3 and 0.8 … [Read More...]

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Are you Aware of Transit Benefits?

Commuter Company Benefits

Transit / Transportation Company Benefit Up to $260/month* for transit benefit expenses The Commuter Transit Account / Transportation company benefit is a pre-tax benefit account used to pay for public transit—including train, subway, light rail, bus, and ferry—as part of

breakdown of benefit options:

Employee Benefit Plan Type Comparison

Flexible Spending Account, Health Reimbursement Arraignments, & Health Savings Account Comparison The chart below is a brief comparison of the various components of each of these important health care options. Description FSA HRA HSA History IRS Code … more

Savings

Employee Benefits and Tax Savings

Benefit to Employee HOW DOES THE EMPLOYEE BENEFIT? The employee can choose to participate in the plan or not. If the employee participates in the plan part of his/her taxable wage is converted into tax-free benefits. This can be a big tax savings for the employee and … more

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