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EXPOSED: Healthcare Cartel Sued for 'Mafia-Like' Business Practices
MultiPlan’s 'Mafia-Like' Cartel Impacts Patients and Providers.
Learn how MultiPlan’s practices allegedly suppress out-of-network reimbursement rates, forcing providers to accept pennies on the dollar while patients face rising healthcare costs.
We’ll break down:
1) What the American Medical Association’s lawsuit means for the future of healthcare.
2) Stories of real people impacted, like Kelsey Toney, a behavioral therapist in rural Virginia.
3) How MultiPlan processes $106 billion in out-of-network claims annually-and why their methods are being called “mafia-like.”
Episode Description:
In this episode of the VBCA Podcast, host Alex Yarijanian pulls back the curtain on a critical but often-overlooked issue in healthcare: hidden fees, surprise medical bills, and the alleged anticompetitive practices of MultiPlan.
Accused of operating a "healthcare cartel" alongside major insurers like UnitedHealthcare, Cigna, and Aetna, MultiPlan has found itself at the center of antitrust allegations that could reshape the future of healthcare in America.
Alex dives deep into how MultiPlan’s practices allegedly suppress out-of-network reimbursement rates, leaving healthcare providers underpaid and forcing patients to shoulder the financial burden. This episode explores the $106 billion in annual out-of-network claims that MultiPlan processes, revealing why their methods have been likened to “mafia-like” tactics.
Through compelling stories, like that of Kelsey Toney, a behavioral therapist in rural Virginia, we highlight the real human impact of these practices-patients losing access to care, providers struggling to stay afloat, and a healthcare system that often prioritizes profits over people. The episode also breaks down the American Medical Association’s lawsuit against MultiPlan and discusses its implications for healthcare transparency, reform, and accountability.
This isn’t just a story about healthcare economics-it’s a call to action. Join us as we unravel the complexities of the system, share the stories of those affected, and push for meaningful change. Stay tuned to the end for insights into what policymakers, industry leaders, and individuals can do to demand greater accountability and fairness in healthcare.
Mentioned in this episode:
MultiPlan, @unitedhealthcare, @cigna, @aetna, and the@americanmedicalassociation
Timestamps:
00:00 Introduction to Hidden Fees in Healthcare
04:30 The Impact of MultiPlan on Patients and Providers
09:17 Call to Action for Change in Healthcare
Don’t forget to share your thoughts and experiences in the comments. Have you faced surprise bills or unexpected healthcare costs? Let’s start a conversation about how we can drive change together.
#healthcare #hiddenfees #surprisebills #MultiPlan #valuebasedcare #insurance #outofnetwork #healthcarereform #accountability #healthcare #hiddenfees #surprisemedicalbills #valuebasedcare #insuranceclaims #outofnetworkproviders #patientstories #healthcarereform #medicalbillingtransparency #reimbursementrates #underpaymentofproviders #healthcarecosts #financialchallengesinhealthcare #accountabilityinhealthcare #insuranceindustrypractices #patientadvocacy #healthcareexpenses #insurancecompanyprofits #healthcaresystemreform #alexyarijanian #carenodes #VBCAPodcast
Переглядів: 3 897

Відео

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Managed Care 101: Boot-camp for Healthcare Entrepreneurs
Переглядів 4,6 тис.5 років тому
Healthcare flow of funds explained. Managed Care 101 for healthcare entrepreneurs seeking to do business in the California market. Session led by Alex Yarijanian, CEO Carenodes. Agenda distributed: "Everyone should be able to walk out of this session feeling empowered by having learned basic flow of funds (starting at the payer) and reimbursement structures along the healthcare delivery value c...

КОМЕНТАРІ

  • @nyahanan
    @nyahanan 5 днів тому

    This could only happen in USA!

    • @carenodes
      @carenodes 2 дні тому

      Absolutely- only in the USA. How to fix it: major question

  • @hotchaipod
    @hotchaipod 15 днів тому

    a cartel 👀

    • @carenodes
      @carenodes 14 днів тому

      Yes! Direct quote from the lawsuit!

  • @hotchaipod
    @hotchaipod 15 днів тому

    Unexpected ways to implement healthcare

  • @jasminesingh3509
    @jasminesingh3509 15 днів тому

    I'm shocked that this has been going on for so long! This shouldn't be ok

  • @jasminesingh3509
    @jasminesingh3509 17 днів тому

    15k bottle...😮

    • @carenodes
      @carenodes 17 днів тому

      Makes you want to ask "should this really be happening?"

  • @BruceKenzington
    @BruceKenzington 18 днів тому

    Actually starts at 9:39

    • @carenodes
      @carenodes 18 днів тому

      Yes! Thank you. This was part of a live webinar-- hence the longer intro segment!

  • @jasminesingh3509
    @jasminesingh3509 19 днів тому

    That's so interesting!

  • @jasminesingh3509
    @jasminesingh3509 21 день тому

    Congratulations 🎉😅

  • @floernsberger9839
    @floernsberger9839 22 дні тому

    Insurance is a scam!

    • @carenodes
      @carenodes 22 дні тому

      Well said! The whole premise is: How do we NOT pay.

  • @jasminesingh3509
    @jasminesingh3509 Місяць тому

    This is insane

  • @simasima318
    @simasima318 Місяць тому

    Very interesting and helpful information.Thank you.

    • @carenodes
      @carenodes Місяць тому

      Glad it was helpful!

  • @elbissg
    @elbissg Місяць тому

    Very interesting and valuable information. Thank you

  • @jasminesingh3509
    @jasminesingh3509 Місяць тому

    The intro was so interesting! It's true - funding isn't king

  • @shivaniverma7366
    @shivaniverma7366 2 роки тому

    Favorite one..

  • @brandonhoward1544
    @brandonhoward1544 2 роки тому

    Love it! No more excuses for the healthcare in America. Carenodes has created the roadmap for everyone's mutual benefit!

    • @carenodes
      @carenodes 2 роки тому

      🙏🏼🙏🏼 it’s a movement and we are honored to have your support !

  • @jasminesingh3509
    @jasminesingh3509 2 роки тому

    This is so insightful

    • @carenodes
      @carenodes 2 роки тому

      Thanks so much 😊☺️

  • @devionsmith2580
    @devionsmith2580 2 роки тому

    Homeless for only 10 minutes! What a quick turnaround!

  • @avi5278
    @avi5278 3 роки тому

    This was super informational -- thank you for making this. It's hard to see what's written on the board, is there a more in-depth outline/PDF beyond what is listed in the description?

    • @alphalexUSA
      @alphalexUSA 3 роки тому

      I agree it’s hard to see - try this video: ua-cam.com/video/fpon-a8YwTY/v-deo.html I was able to find the following but I think it’s a more truncated version vs a more detailed one. Goal: Everyone should be able to walk out of this session feeling empowered by having learned basic flow of funds (starting at the payer) and reimbursement structures along the healthcare delivery value chain. Managed Care Bootcamp for Healthcare Entrepreneurs is a 'pilot' session designed to impart otherwise tribal, 'insider', knowledge so as to bend the learning curve of entrepreneurs in healthcare. Trends, current industry practices, and changes set to be effective in the future will be weaved into the session so as to contextualize the material. Agenda Items: I. Managed Care Mindset II. Lines of Business aka 'LOB' (funding source) Medicare (Traditional Medicare and Medicare Advantage, prts ABCD) Medicaid (managed Medicaid, state / federal, Medi-Cal) Duals (Medicare and Medicaid beneficiaries) Commercial (on exchange, off exchange) III. Products (benefit designs) HMO, PPO, POS, EPO, FFS IV. Difference between 'LOB' vs 'product'. V. Main Reimbursement structures (from payer to provider... eventually) Fee for service (FFS) Value based payment: upside, upside/downside Predominate California Market Structure, determine who is at risk Capitation Delegation Risk based (capitations and delegation of functions by the health plan to a third party): global-risk, shared risk, dual risk VI. Q/A

  • @zulekhashaikh7885
    @zulekhashaikh7885 3 роки тому

    i cant see what is on the board, its not clear

    • @carenodes
      @carenodes 3 роки тому

      Try this video ua-cam.com/video/fpon-a8YwTY/v-deo.html

  • @sawang1275
    @sawang1275 3 роки тому

    I cannot thank you enough for sharing your knowledge on UA-cam! What is the difference between health plans and managed care organizations? Do you use them interchangeably? Especially when talking about contracting with providers and hospitals?

    • @carenodes
      @carenodes 3 роки тому

      What a great question. Health Plan has a more narrow definition in terms of the organizational scope and regulatory implications to which it is subjected (varies by state as well). Managed Care Organization is a broader term that includes Health Plans but can also include IPAs and similar risk-bearing organizations. Managed Care is aka controlling costs by controlling utilization of care by managing care only to 'medically necessary' services. These can be and are often used interchangeably, yes. And 95% of the time when folks use "Managed Care org" they are really referring to a Health Plan. This is no different from setting to setting in terms of nomenclature usage, it's general industry way of referring to a paying entity in a payer-provider contractual relationship/discussion. Does that help? :)

  • @carolinerono6569
    @carolinerono6569 3 роки тому

    Can an organization choose to manage the care (MA or MC) for particular illness eg for ventilator dependent or diabetics only?

    • @carenodes
      @carenodes 3 роки тому

      Are you asking whether a healthcare provider can choose to implement a disease- or condition-specific care management model?

    • @carolinerono6569
      @carolinerono6569 3 роки тому

      @@carenodes Yes. For example, I would like to manage the care for at home ventilator dependant patients only. Is it possible to get registered/certified as a managed care provider in let's say Texas?

    • @carenodes
      @carenodes 3 роки тому

      @@carolinerono6569 as a health care provider you can choose to focus on a specific condition or disease and further focus on treating those conditions at home granted whatever certifications / training / credentialing you might require in the area in which the patient is based. You can do so as long as you follow all requirements and regulations. I don't see why not.

    • @carolinerono6569
      @carolinerono6569 3 роки тому

      @@carenodes Thanks. This has been helpful. Why does the paper work to register as a point of service healthcare provider have to be so tedious and impossible to navigate by oneself 😅😅. Thank you once again.

    • @carenodes
      @carenodes 3 роки тому

      @@carolinerono6569 Are you using NPPES to register the taxonomy as POS or is this a state level thing?

  • @elbissg
    @elbissg 5 років тому

    Very helpful thanks for this