Former CMS head launches new health care venture fund
While most health investors focus on innovations for well-to-do populations, the new venture will focus on health problems that accompany poverty.
The new venture will focus on developing solutions for the health problems that most often accompany poverty, such as opioid addiction and mental health disorders. (Photo: David Paul Morris/Bloomberg)
Andy Slavitt, the Obama-era administrator for the Center for Medicare and Medicaid Services, announced Tuesday that he is starting a venture capital firm aimed at “investing in the most vulnerable Americans.”
The new firm, Town Hall Ventures, pays homage to the town hall meetings that Slavitt held throughout the country amidst Republican attempts last year to
dismantle the Affordable Care Act.
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The state says plans should hold patients harmless when directories provide incorrect network status information.
Not surprisingly, affordability is a bigger problem for uninsured people.
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