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With heart disease and stroke as the number one and number three causes of death in Maryland according to the Maryland Department of Healthevents like the Greater Maryland Heart Walk are now more than ever. Assist and support public and private health care initiatives for individuals without health insurance. A virtual member ID card can be accessed via your My Account portal. By launching a recent witu sponsorship with the American Heart Association, CareFirst is is carefirst ending their relationship with magellan an ideal position to leverage a well-earned wave of momentum aimed at supporting the work of both organizations as they strive to enrich the lives of people across this region is carefirst ending their relationship with magellan the United States. Out-of-pocket costs may increase significantly. Relationshup a new agreement is not reached, the termination for the physician group will be effective on December 5,resulting from a day notice requirement. We have set up a dedicated call center open Monday through Friday from a.

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Chad Gilbert Senior Marketing Manager chad. David Oliver Marketing Manager David. Oliver smith-nephew. More specifically, we address some of the most persistent and stressful issues associated with routine care delivery.

Pressure injuries, hospital-acquired infections, clinician injuries � all have devastating and very costly impacts on human lives and health systems. The right medical solutions can make all the difference. Your patients come to you for your specialized expertise.

Why should technology services be any different? Flexion Therapeutics is a biopharmaceutical company focused on the development and commercialization of novel, local therapies for the treatment of patients with musculoskeletal conditions, beginning with osteoarthritis OA , a type of degenerative arthritis. We embrace a philosophy of scientific entrepreneurship which spurs innovation and empowers and inspires our people to discover, develop and commercialize transformative therapies which can make a meaningful difference in the lives of patients.

Lee Murray Regional Sales Director lmurray flexiontherapeutics. In the midst of the COVID pandemic, clinics have also come to rely on Clinic Q to scale contactless check-ins, payments, and telehealth. Please reach out to see a product demo and learn about how we may provide value for your orthopedic clinics! Ryan Wells CEO rwells healthhere. Richard Andrews Sales Director randrews healthhere. Ideal Protein is a scientifically validated protocol for safe, rapid weight loss that can help address the obesity epidemic.

Thousands of healthcare practitioners in the U. All three phases feature one-to-one coaching, behavior modification and education, delicious food and a diet plan which promotes losing fat while maintaining lean muscle mass. Dennis Barley Regional Vice President dbarley idealprotein. Millennia is a Patient Payment and Experience company that provides a complete technology solution for payment processing, eligibility, estimation, and patient payments.

Unlike most vendors, we also provide a concierge services layer over top of our technology that in turn gives our clients unapparelled patient payment reimbursement, all the while providing a fantastic patient experience. Our proprietary Millennia Platform manages all aspects of our patient engagement solution, making sure that our white-labeled Patient Statements, MobilePay, Portal, IVR, and Concierge Call Center all stay in sync while bringing 2 to 4x the national averages inpatient payment recovery totals.

We are not an Early Out, Bad Debt, or Payment Technology-only vendor, but rather a true patient payment and engagement partner from Day 1 onward. Denny Flint Chief Commercial Officer dflint millenniapay. We empower the transformation of ambulatory care. You deserve a partner that can help navigate the journey of value-based care and ensure the best possible patient outcomes.

We partner with practices of all sizes and specialties with our best ideas, capabilities, and support. The goal? Healthier patients and happier providers. Nextech is committed to providing industry leading EHR, Practice Management and Telehealth solutions intuitively designed to improve practice performance.

Alison Bitner Regional Sales Director a. We make managing reputations easy by automating and simplifying. Ty Allen Chief Executive Officer tallen socialclimb. Eric Johnson Chief Revenue Officer ejohnson socialclimb. Founded with the goal to deliver a profoundly new service to physician-based practices, IRG remains exclusively dedicated to the development and implementation of the practice-based therapy model.

We manage the key areas required for a successful therapy program, including clinical, financial, compliance, and administrative oversight. It feels like ages since we saw you all at the general meeting in February. We schedule nearly 2. CMAC acts as a financial advocate on behalf of physician groups owning real estate with a single purpose � to create winners by strengthening those groups and their individual doctors.

We help independent medical groups create sustainable, low-risk, and high-yielding real estate investments by finding and implementing innovative solutions and strategies. Visit www. Greg Warren, Managing Partner greg cmacpartners. James Winchester, Lead Financial Strategist james cmacpartners.

Peter Kokins, Head of Business Development peter cmacpartners. OFIS provides its member insured with orthopaedic-centric risk management services and partners with MagMutual, an A-rated, value-based insurer, to provide customized and comprehensive insurance products to member physicians and practices. Risk Management: Risk Update, Vol. About CurveBeam CurveBeam researches, designs, and manufactures cone beam CT imaging systems for the orthopedic specialties, spanning both upper and total lower extremities.

Ken Dibbley � ken. Tom DeGroot � tom. Simone Adams � simone. Brent Fowlkes � brent. Fusion5 partners with physician groups, hospitals, and other allied healthcare providers to assist them with managing their bundled payments in both the Medicare and commercial space. As we assist those providers with improving their care and reducing their expenses to provide that care, we all share in the cost savings.

Our primary goal is to get patients better faster thereby reducing the overall healthcare spend in the US. Jim Gera Chief Executive Officer jim. Jerry Rupp Chief Innovation Officer jerry. Medstrat entered the orthopedic market in Today, Medstrat leads the industry and continues to dedicate itself to reimagining medical imaging in both orthopedics and image archiving.

Visit our website. Every business unit of DeRoyal shares the same dedication to customer service. We firmly believe that service levels must always exceed expectations so that you, our customers, can concentrate on the very important business of caring for patients.

From the ER to the physician to the home, DeRoyal has you covered. At DeRoyal, patient care means putting the best possible tools in your hands, allowing you to give the best possible care to your patients.

At DeRoyal, we feel it is important to stay focused on new tools and technologies that we can develop for the healthcare industry. From inventory control to sterilization, our services offer an overall mission of helping the healthcare industry provide high-quality care with innovative solutions. The system is able to track and monitor products from stocking to dispensing, while ensuring compliance.

Use the inventory re-order setup to monitor par levels and automatically re-order products, allowing for maintenance of proper inventory levels as inventory is removed and assigned to patients. Alpha Medical Group delivers accurate, hassle-free healthcare recruitment solutions. Our unique search methodology, proprietary custom-designed software and high performing team members strive to ensure that the highest quality of service is provided to our clients.

Kevin Jones Vice President kjones alphamg. Headquartered in Cincinnati, Ohio, the ProScan Family of Companies is committed to providing healthcare professionals and their patients with exceptional medical imaging services, education, and technology.

Richard Rolfes Managing Partner rrolfes proscan. Judith Turner Vice President of Sales jturner proscan. McKesson Medical-Surgical delivers a strong distribution network and the solutions you need to help address these challenges.

With low units of measure and a robust portfolio of products including custom procedure trays, IV therapy and pharmaceuticals, we have your medical-surgical products covered.

We also offer services and tools to help with inventory and waste management, staffing and training, OSHA compliance and more, so you can focus on the health of your surgery center business. Richardson mckesson. Helping transform patient outcomes by reducing the risk of preventable complications.

From solutions for BSI and SSI risk reduction to vital sign monitoring and temperature management, our team is ready to partner with you to strive toward a world with zero complications. Ryan H. Jeff Mathis Account Executive djmathis mmm. Surgical Care Affiliates SCA is a specialist alignment company that partners with physicians and health systems in ambulatory surgery centers, and physician practices.

For more information please email: Marney. Reid scasurgery. Anthem to Acquire Cigna. Home Anthem to Acquire Cigna. Current News. May 10 pm - May 12 pm.

August 17 pm - August 19 pm. The opinion of the Delaware Court of Chancery, now affirmed by the Delaware Supreme Court, highlights the importance of involving antitrust counsel long before a merger agreement is signed to avoid costly pitfalls. Anthem and Cigna agreed to merge in The Anthem-Cigna merger agreement obligated Cigna to oppose any antitrust litigation "fully and vigorously" and to follow Anthem's chosen litigation strategy.

Cigna's opposition to the deal was apparent even to the district court, who called it the "elephant in the courtroom" during the antitrust trial. In assessing Anthem's claims against Cigna, Vice Chancellor Laster found that Cigna willfully breached its merger efforts covenants by engaging "in a knowing and intentional effort to undermine Anthem's position in the Antitrust Litigation. Cigna proved that even if it fulfilled its efforts obligations, the DOJ still would have blocked the merger, the district court would have enjoined the merger, and the ruling on appeal would still be upheld.

In assessing Cigna's claims against Anthem, Vice Chancellor Laster found that Cigna failed to show that Anthem's strategy for obtaining regulatory approval breached the regulatory efforts covenant. Even if Cigna had shown Anthem's breach, Cigna could not recover damages because Anthem's conduct was not "willful" as the merger agreement required. Turning to the reverse termination fee, the court found that while Cigna attempted to terminate, it did not validly do so.

The agreement stated that a party could not terminate if that party's own breach of the agreement was the proximate cause of the failure to have closed, and Anthem had already validly terminated. Companies should be aware that even seemingly boilerplate language in a merger agreement may be litigated, to the tune of tens of billions of dollars. Due to the potential ambiguity of efforts provisions, merger agreements that do not specify other requirements, such as divestiture and litigation requirements, may leave parties vulnerable to uneven court interpretation.

Particularly when regulatory scrutiny is anticipated, parties must have a clear understanding of what is required pursuant to their efforts covenants. Delaware courts also have been reluctant to draw distinctions among different generically stated efforts standards�for example, "commercially reasonable efforts" versus "reasonable best efforts"�which creates even more reason for parties to consider exactly what will be expected of them.

Merging parties recognize the shared difficulty of litigating antitrust challenges and seek to mutually bind each other for the long haul. Litigation requirements often serve to reinforce all other risk mitigation tactics. But Anthem's failed acquisition of Cigna illustrates that exceptions do exist. There, not only did a litigation requirement fail to salvage the transaction, but it turned a bad situation worse, ultimately forcing both companies to endure years of costly litigation for naught.

Given the high number of transactions that include litigation requirements, it is possible that litigation requirements are over-deployed. When negotiating deal terms and risk allocation, parties should step back and consider whether such stringent requirements are truly necessary.

While litigation requirements may provide some level of comfort, insisting upon them is not free. A key preliminary question for the court was whether Cigna validly terminated the agreement to trigger the reverse breakup fee. Vice Chancellor Laster found that Cigna lost the race to exercise its termination right and noted that the parties could have bargained for a different merger provision. To avoid the race to terminate, the parties should have included an express provision that Cigna was entitled to the reverse termination fee even if the merger was terminated on other grounds.

Accordingly, parties must ensure their termination provisions are designed to avoid a potential inequitable loss of termination rights amid a race to terminate. The failed Anthem-Cigna deal included a reverse termination fee as well as a requirement to litigate, illustrating the benefit of placing obligations on the seller in addition to a reverse breakup fee.

Anthem was the first to validly terminate the merger agreement once Cigna breached its efforts obligations in litigation. Cigna's unwillingness to support the deal during litigation allowed Anthem to escape paying the hefty reverse termination fee. Had the agreement not included a litigation requirement, the result may have been very different.

The failed merger highlights the outsized role that social issues may play in a transaction. Although absolute specificity on post-integration roles may not be achievable, an early agreement of basic principles can help set expectations.

For instance, determining whether a merger is a true acquisition as Anthem thought or a merger of equals as Cigna thought and ensuring a meeting of the minds on integration efforts could help to prevent surprise and potential sabotage of the deal down the road.

Vice Chancellor Laster noted repeatedly that key witnesses suffered from credibility problems and gave conflicting testimony during the DOJ litigation and the litigation over the merger agreement, which was one factor in concluding that neither party should receive damages.

Involve antitrust counsel early in the process of merger negotiation. In complex transactions that are likely to attract regulatory scrutiny, antitrust counsel should be consulted from the beginning.

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Cigna anthem Current News. We schedule nearly click. Cigna anthem focus solely on servicing ambulatory surgery centers and their affiliated surgeons. HHS will begin negotiating 10 Part D drug prices this year. Medicare Advantage tops traditional Medicare on diabetes. Fusion5 partners with physician groups, cigna anthem, and other allied healthcare providers to assist them with their bundled payments in both the Medicare and commercial space.
Amerigroup dental insurance georgia Sponsor Information. Hospitals disappointed by court decision carefirst gi B repayment to HHS. Vice Chancellor Laster found that Cigna lost the race to exercise its termination right and noted that the parties could have bargained for a different merger provision. In a brief order, Justice Karen L. Nathem saga may not yet be over. Cigna anthem Litigation.
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Cvs health combinaton for women pre and probiotics and cranberry ectract In Julythe Cigna anthem. In an Anthem shareholder here a similar lawsuit against current and former Anthem leadership, alleging a breach of fiduciary duties and corporate waste linked to the athem agreement � a case that, according to Cigna anthem click to see more reporthad been stayed while the two organizations awaited final word from the Delaware Supreme Court. For more information please email: Marney. Circuit still would have enjoined the merger on that basis. Denny Flint Chief Commercial Officer dflint millenniapay. Click here to browse through our interactive guide to learn about our full line cigna anthem biologics, branded drugs, generics, vaccines, medications and more.
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Travis Laster, who oversaw the trial in , ruled that neither entity could recover damages for breach of contract as a result of the failed merger because of executive battles, unfulfilled contract obligations, and questionable conduct. Reverse termination fees compensate would-be purchasers for the time and resources used to further a deal if a seller backs out of the deal. James Chen, Investopedia.

However, the court also held neither Cigna nor Anthem were ordered to pay damages. The court denied an award of damages because of credibility issues and the high probability that Anthem and Cigna could have settled outside of court.

The merger failed for three reasons. First, the merger instigated a battle for executive control over the merged entity. Second, even if Cigna proved that the company fulfilled its obligations under the merger efforts covenant, the merger would not have passed antitrust muster.

Among health insurance providers in , Anthem controlled 6. National Association of Insurance Commissioners. If the two entities had merged, the combined entity would have become the second-largest health insurance provider by market share and direct premiums written. Third, both Anthem and Cigna traded accusations of deceit and engaged in questionable conduct. Cigna breached its obligations by failing to use reasonable efforts to satisfy closing conditions in an attempt to thwart the merger because executives did not want to give up control.

Rather, the executives wanted continue to run Cigna as an independent company. Anthem was not a faultless victim either.