Comments on: Medicare Health Support (MHS) Claims Another Victim: LifeMasters Files for Chapter 11

By: Vince Kuraitis

Vince Kuraitis — Tue, 15 Sep 2009 21:17:38 +0000

Yes, other companies have exposure.

How much? possibly hundreds of millions collectively.

From the CMS document “Completion of Phase I of Medicare Health Support Program, FAQs” 1/08
http://www.cms.hhs.gov/CCIP/downloads/EOP_Fact_Sheet_FINAL_012808.pdf :

“Program-wide fees paid to the MHSOs to date total approximately $360 million—an increase of 5 to 11 percent in Medicare costs for participating beneficiaries. Total operational costs to date to CMS are estimated at approximately $27 million.”

The final tab should be stated (or easily calculable) when Mathematica releases final report analyzine full 3 years of MHS.

When? who knows?

By: Jennifer

Jennifer — Tue, 15 Sep 2009 21:03:46 +0000

Do you know if other DM companies who participated in these pilots, e.g. Healthways, have similar exposure?

By: arthurwlane

arthurwlane — Tue, 15 Sep 2009 13:12:07 +0000

Medicare Health Support (MHS) Claims Another Victim: LifeMasters Files for Chapter 11 (e-caremgmt): http://bit.ly/LLtqi #caremgmt

By: Brady Augustine

Brady Augustine — Tue, 15 Sep 2009 05:56:34 +0000

RT @DisMgtCareBlog: LifeMasters declares Ch 11 bankruptcy. http://bit.ly/FhIkN. Best summary by far at eCareManagement http://bit.ly/174n2n

By: Vince Kuraitis

Vince Kuraitis — Tue, 15 Sep 2009 01:14:13 +0000

http://bit.ly/vjCcR LifeMasters Chapter 11

By: Jaan Sidorov

Jaan Sidorov — Tue, 15 Sep 2009 01:13:47 +0000

LifeMasters has declared Ch. 11 bankruptcy. http://bit.ly/FhIkN. Best summary by far available at eCareManagement http://bit.ly/174n2n