In The News – Oct 30, 2012

In health news today, Blue Cross offers health plan to lower costs for self-funded companies; Coon Rapids hospitals partner to improve care for patients; and NeoChord’s mitral valve system will be featured at the 26th Annual Meeting of the European Association for Cardio-Thoracic Surgery.

Blue Cross says new health plan can lower costs for companies that want self-funded insurance (Minneapolis/St. Paul Business Journal)

Blue Cross and Blue Shield of Minnesota subsidiary CCStpa has launched a new health plan it says can lower costs for companies that want to self-fund insurance coverage.

Businesses that self-fund health insurance often work with benefits administrators to create custom plans. However, customized plans can be expensive to administer.   Read More…

Hospitals work to improve transition care (ABCNewspapers.com)

Mercy and Unity Hospitals, part of Allina Health, have partnered in a new effort to improve the care for patients discharged to skilled nursing facilities after they leave the hospitals.

The two hospitals, Allina SeniorCare Transitions and area skilled nursing facilities are working together as the North Metro Community Team to improve care coordination across settings of care and to reduce avoidable hospital readmissions.   Read More…

NEOCHORD MEDICAL DEVICE: CAN IT MITIGATE RISK DURING HEART SURGERY? (OneMedPlace.com)

NeoChord Inc., a venture-backed medical device company focused on minimally-invasive mitral valve repair, this week announced that its mitral valve repair system will be featured in the scientific program at the upcoming 26th Annual Meeting of the European Association for Cardio-Thoracic Surgery (EACTS).

The Minnesota-based company has developed the NeoChord DS1000, a disposable device that replaces damaged chordae by delivering artifical chordae tendinae – neochords – in a beating heart using minimally invasive techniques.   Read More…