Here are four observations:
1. Health Republic, a federal co-op plan, stopped operating on Nov. 30, 2015.
2. Many patients previously using Health Republic have switched to plans on the New York State health exchange.
3. Healthcare providers are concerned about losing the money Health Republic owed them in outstanding claims.
4. Health Republic did not receive the expected amount in funding from the government.
More articles on transactions & valuation:
Physicians open freestanding EPIC Heart & Surgery Center in Kansas: 4 things to know
NY DOH issues final approval for Orchard Park ASC
Roanoke Valley Center for Sight breaks ground on new ASC: 5 key notes
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
