Medical Equipment Firms Partner To Form Combined Fort Worth Company

A couple of medical equipment and med equipment delivery companies are forming a partnership under the brand name JMeds, which will be based in Fort Worth. J-Meds, Inc. and Kalos Health Services are coming together, the two sides announced on Wednesday. The company will have five Texas locations, including two in DFW, plus facilities in McAllen, Houston, and San Antonio. J-Meds CEO Jerry Williams will serve in the same role at the new, combined company. “My position will allow me to deepen relationships with our customers – people who have entrusted their business with us over the years,” Williams said… Full Story

Irving-based Company Predicts Smaller (But Still Sizable) Increase In Drug Prices Next Year

Vizient released its drug price forecast for 2019, and the data-driven company says it expects prices to increase 4.92 percent during 2019. But the prediction comes with a caveat for health systems to latch onto: The percent of price inflation is down nearly three percentage points—from 7.61 percent last year—which Vizient says could signal the beginning of a change in the trend. For now, the specialty pharmacy industry continues to drive up the prices, Vizient says: Although the rate of price increases is projected to slow, the specialty pharmacy market is expected to continue its rapid pace of growth, which… Full Story

JLL Signs Facilities Management Deal With Plano-based LifeCare

Plano-based healthcare services provider LifeCare Health Partners has signed a facilities management deal with JLL, the companies announced earlier this month. It covers 19 facilities—both freestanding and of the “hospital-in-hospital” persuasion—that serve chronically ill and medically complex patients in nine states, including around Dallas-Fort Worth. The deal covers five years. The sides declined to provide financial terms. “Not only does our partnership highlight LifeCare’s dedication to improving the patient and family experience, but it also demonstrates a commitment to enhancing the work environment for medical personnel,” said Michael Marsh, managing director of the south central region for JLL Healthcare Solutions,… Full Story

Report: UnitedHealth Eyeing Tenet’s Conifer

The Wall Street Journal reports this week that UnitedHealth Group is among the companies taking a hard look at Tenet Healthcare’s Frisco-based Conifer Health Solutions. Tenet has been dangling its healthcare management subsidiary on the open market since December, although it has maintained it might choose to keep the division. It accounts for about $1.6 billion in revenue—about eight percent of Tenet’s total—but has been a bright spot for the company amid recent cuts and restructuring. The WSJ says Conifer could fetch $2 billion or more from an acquisition.

With A New State Law In Place, DFW Is Gearing Up For Telemedicine Expansion

Three years ago, Addison-based Concentra Occupational Health watched as Nevada joined other U.S. states in adding a telemedicine parity law. Such laws say that private insurers have to reimburse telemedicine visits the same way they do in-person visits. Nevada’s rule even specifically mentioned workers’ compensation, a key for Concentra. The shifting regulatory environment in that state and elsewhere would eventually provide reason enough for Concentra to enter the market, introducing a telemedicine product in 2017. A Concentra executive told me that it’s been well-received, prompting the company to expand within the telemed arena. The company provides workers’ compensation injury care… Full Story