The connections between clinicians, patients, consumers, payors and government are essential and unique to digital health.
Payors are required to mail all 1099s to payees no later than January 31.
However, payors were concerned about the potential penalties in light of the new reporting requirements and asked IRS for a break.
FORBES: IRS Offers Relief for Credit Card Reporting Requirements
As a result, the IRS will not impose accuracy-related penalties on payors that file forms 1099-K provided that the payors make good-faith efforts in filing accurate forms.
FORBES: IRS Offers Relief for Credit Card Reporting Requirements
Second, Humedica gets to keep the de-identified but extremely valuable, comprehensive longitudinal patient data, package it, and sell it to interested third parties (e.g. payors and pharmas).
FORBES: We Have A Winner! Quick Take On The Humedica Acquisition By United Health
Yet, without a cogent economic argument for payors (and, increasingly, for regulators), drug developers are going to have an increasingly difficult time getting their products into the hands of their primary customers.
FORBES: Penic(illin) envy: is incremental progress systematically undervalued?
With the two big payors, the New York Mets and Los Angeles Dodgers already in financial trouble, the last thing Selig needs is another team owner more concerned with debt payments than winning.
FORBES: Purchase Of Astros By Crane Will Rely Heavily On Debt
But healthcare providers and payors need to jump on the bandwagon and support these products and motivate or incent consumers to use tools that will help them take better care of themselves and their families.
The extent to which these represent two surprisingly distinct world views was emphasized by the impassioned and quite different responses I received in response to a recent post examining how the use of cheaper but slightly worse drugs should be prioritized by physicians and payors.
The impact of both the Obama action and the Romney alternative on the auto workers, the unions, the shareholders, the debt holders, the tax payors, and the future viability of the auto companies and their ability to succeed in a competitive world need to be compared.
FORBES: How The GOP Should Spin The Bush Economic And Tax Policies And The Auto Bailout
However, GA (and I suspect other states as well) allow super provider systems to develop which then lock down the delivery systems and effectively lock payors out for perceived wrongs or for extortion pricing which also drive up the cost of care for everyone in that community.
FORBES: How Medicaid Harms the Poor: A Counter-Rebuttal, Part III
Why cant we let PATIENTS define what THEY want to bring to the table after all they are the actual payors in the system all others are paid by them yet they are expected in many cases to abandon their autonomy and personship to submit to medical care.
FORBES: Information And Tools In Untrained Hands: Crazy, Right?
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