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TeamHealth
TeamHealth is a physician practice in the U.S. founded in 1979 and based in Knoxville, Tennessee, pursuing medical outsourcing. Originally a provider of emergency department services, it is outsourcing physicians in emergency medicine, hospital medicine, anesthesiology, Critical care medicine, critical care, obstetrics, orthopedic surgery, general surgery, ambulatory care, post-acute care and medical call center solutions to approximately 2,900 acute and post-acute facilities nationwide. After numerous acquisitions in the 2010s it has become the largest market share in U.S. physician outsourcing. TeamHealth has affiliated partner companies, including D&Y Locum Tenens, Spectrum Healthcare Resources and AccessNurse. History TeamHealth was founded in Knoxville in 1979 by Dr. Lynn Massingale. The company began as Southeastern Emergency Physicians, the predecessor to TeamHealth, when Dr. Massingale, then an emergency medicine physician at the University of Tennessee Medical Center, ear ...
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UnitedHealth Group
UnitedHealth Group Incorporated is an American multinational managed healthcare and insurance company based in Minnetonka, Minnesota. It offers health care products and insurance services. UnitedHealth Group is the world's seventh largest company by revenue and the largest healthcare company by revenue, and the largest insurance company by net premiums. UnitedHealthcare revenues comprise 80% of the Group's overall revenue. The company is ranked 11th on the 2022 Fortune Global 500. UnitedHealth Group has a market capitalization of $400.7 billion as of March 31, 2021. History In 1974, Richard Taylor Burke founded Charter Med Incorporated, a Minnetonka, Minnesota-based privately held company. In 1977, the United HealthCare Corporation was created to reorganize the company and became the parent company of Charter Med. United HealthCare's charter was to manage the newly created Physicians Health Plan of Minnesota, an early health management organization. In 1988, United HealthC ...
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Doctor Patient Unity
Doctor Patient Unity is corporate lobbying front group funded by private equity firm owned doctor staffing companies to oppose laws to stop surprise billing in the US medical system. The group is funded by Blackstone (owner of TeamHealth) and KKR (owner of Envision Healthcare) and has spent more than $57 million on advertisements opposing the legislation to restrict surprise billing, at the same time cutting pay and benefits for emergency room doctors and other medical workers. The primary aim of the group is to stop The House Energy and Commerce Committee's No Surprises Act (HR 3630) and the Senate Health, Education, Labor and Pensions Committee's Lower Health Care Costs Act (S 1895). The group's tactics include targeting specific lawmakers who are standing for reelection in 2020 including Sen. John Cornyn (R-Tex.), Rep. Dan Kildee (D-Mich.) and Sen. Marsha Blackburn (R-Tenn.) and fearmongering.{{Cite web, title=Secretive front group targets vulnerable senators with $2.3M ad bli ...
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Knoxville, Tennessee
Knoxville is a city in and the county seat of Knox County, Tennessee, Knox County in the U.S. state of Tennessee. As of the 2020 United States census, Knoxville's population was 190,740, making it the largest city in the East Tennessee Grand Divisions of Tennessee, Grand Division and the state's third largest city after Nashville, Tennessee, Nashville and Memphis, Tennessee, Memphis.U.S. Census Bureau2010 Census Interactive Population Search. Retrieved: December 20, 2011. Knoxville is the principal city of the Knoxville Metropolitan Area, Knoxville Metropolitan Statistical Area, which had an estimated population of 869,046 in 2019. First settled in 1786, Knoxville was the first capital of Tennessee. The city struggled with geographic isolation throughout the early 19th century. The History of rail transportation in the United States#Early period (1826–1860), arrival of the railroad in 1855 led to an economic boom. The city was bitterly Tennessee in the American Civil War#Tenne ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Tampa General Hospital
Tampa General Hospital (TGH) is a 1,041-bed non-profit, tertiary, research and academic medical center located on Davis Island in Tampa, Florida, servicing western Florida and the greater Tampa Bay region. TGH is one of the region's only university-level academic medical centers. Tampa General Hospital is the primary teaching affiliate of the Morsani College of Medicine of University of South Florida. TGH also features the area's only ACS designated level I adult and pediatric trauma center and has a rooftop helipad to handle medevac patients. Attached to the medical center is the Tampa General Hospital Children's Medical Center that treats infants, children, adolescents, and young adults up to the age of 21. Tampa General Hospital has more than 8,000 team members and is one of five burn centers in Florida. History Local legend has it that the placement of what was originally named Tampa Municipal Hospital on Davis Islands was decided in a bunker of the Palma Ceia Country C ...
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Nurse Anesthetist
A nurse anesthetist is an advanced practice nurse who administers anesthesia for surgery or other medical procedures. They are involved in the administration of anesthesia in a majority of countries, with varying levels of autonomy. A survey published in 1996 reported that there were 107 countries where nurses administer anesthesia in some form, and a further nine countries where nurses act as assistants in the administration of anesthesia. Depending on the country or locality, their role may be limited to intraoperative care during anesthesia itself or may also extend before and after (for preanesthetic assessment and immediate postoperative management). In some countries and localities, nurse anesthetists provide anesthesia to patients independently; in others they do so under the supervision of anesthesiologists. The International Federation of Nurse Anesthetists was established in 1989 as a forum for developing standards of education, practice, and a code of ethics.Internat ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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Arbitration
Arbitration is a form of alternative dispute resolution (ADR) that resolves disputes outside the judiciary courts. The dispute will be decided by one or more persons (the 'arbitrators', 'arbiters' or 'arbitral tribunal'), which renders the 'arbitration award'. An arbitration decision or award is legally binding on both sides and enforceable in the courts, unless all parties stipulate that the arbitration process and decision are non-binding. Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions. In certain countries such as the United States, arbitration is also frequently employed in consumer and employment matters, where arbitration may be mandated by the terms of employment or commercial contracts and may include a waiver of the right to bring a class action claim. Mandatory consumer and employment arbitration should be distinguished from consensual arbitration, particularly commercial ...
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Health Insurers
Health insurance or medical insurance (also known as medical aid in South Africa) is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals. By estimating the overall risk of health risk and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization, such as a government agency, private business, or not-for-profit entity. According to the Health Insurance Association of America, health insurance is defined as "coverage that provides for the payments of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment". Background A health ins ...
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Dark Money
In the politics of the United States, dark money refers to spending to influence elections where the source of the money is not disclosed to voters. In the United States, some types of nonprofit organizations may spend money on campaigns without disclosing who ''their'' donors are. The most common type of dark money group is the 501(c)(4) (often called social welfare organizations).Robert MaguireHow 2014 Is Shaping Up to be the Darkest Money Election to Date OpenSecrets (April 30, 2014). Such organizations can receive unlimited donations from corporations, individuals and unions. Proponents of dark money maintain it is protected under the First Amendment, while critics complain recipients of dark money (as with any contribution) "knows exactly who he owes a favor", but voters are kept in the dark about connections between donor and politician when favors are paid back. Dark money first entered politics with ''Buckley v. Valeo'' (1976), when the United States Supreme Cour ...
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Balance Billing
Balance billing, sometimes called surprise billing, is a medical bill from a healthcare provider billing a patient for the difference between the total cost of services being charged and the amount the insurance pays. It is an especially common problem in the United States with providers who are out of network, and therefore not subject to the rates or terms of providers who are in-network. Balance billing has a variable prevalence by market and specialty. Advocates of balance billing argue that it increases the incomes of high-quality healthcare providers, and serves as a measure of their dissatisfaction with insurance company fees. Critics say that balance billing lets providers raise charges through stealth rather than transparent pricing, creates unnecessary administrative costs and patient confusion, and allows providers to simply pass along costs to patients, rather than helping them to secure good value. It is thought to erode political consensus in favor of a one-tier syste ...
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