ERROR: Macro DefaultArticleHeader is missing!
'Tis the season for milestones, apparently.
Last Friday, the organization formerly known as Capital Hospital Service celebrated its 75th anniversary. You know it as Capital BlueCross, and you may see its celebratory flags flying throughout the year. It has grown from a few employees to more than 1,800.
Holy Spirit Heath System celebrated its 50th anniversary with two events — one Saturday for donors, and one Monday for media. HSHS also has grown considerably, now boasting more than 2,800 total employees.
Welcome to the Big Mother era of health care.
This is indisputably a deliberately provocative headline, and I'd certainly like to hear what you as business owners (and wellness program purveyors) think of the contents.
Becker's Hospital Review chose to call this report "Health Insurance Giants Earn $12.69B in 2012." It's true, they did. But take a look -- those results are decidedly mixed. While they all made money, their year-over-year revenues range from up 33 percent to down 18 percent.
Finally, if you're itching to make your voice heard, the U.S. Department of Health and Human Services is holding a public vote on six innovations from its employees, including "Connecting to Combat Alzheimers" and "The Body Weight Simulator." Voting ends Friday.