'Disease risk' assessment: nib and US giant Cigna in $20m venture to keep members out of hospital | pwhatch
Health fund nib Group is launching a $20 million joint venture with American insurance giant Cigna which will mine members' health data to identify their future health risks and keep them out of hospital.
nib says there are more than 740,000 avoidable hospital admissions in Australia every year, or about 7 per cent of all visits.With that information, nib or other health funds can design a health management strategy to prevent those conditions developing or resulting in hospitalisation. Mr Fitzgibbon said he hoped that eventually members would share their government My Health Record data with the fund, and in five years from now, that it would be normal for them to share their genetic profile.
The ASX-listed nib and the New York based insurance giant Cigna will each put $10 million into the new venture, which will be run independently of nib and eventually try to work with other health funds.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sydneysiders wake to another smoky day amid health warningsSydney residents have woken to another day of thick smoke haze, with little hope for any end in sight. 9News
Read more »
So, how is that sardine commute affecting your health?Spending yet another morning squished into an bus or tram? It might be having a toll on your body as well as your nerves.
Read more »
How bad is bushfire smoke for your health?Air quality has been ranked as among the worst in the world on some days and health officials say there are more stifling conditions to come | rachelclun
Read more »
Liberal staffer who obtained false figures used by Angus Taylor will keep jobA government adviser facing claims he obtained doctored figures used by Energy Minister Angus Taylor to attack Sydney's Lord Mayor will keep his job.
Read more »
Many schools close, cancel playtime and sport because of poor air qualitySchools are keeping children inside from the time they arrive to the time they leave to protect them from threats to their health from bushfire smoke | juliepower
Read more »
Face masks 'close to useless' against bushfire smokeThe number of emergency department and ambulance call-outs for breathing difficulties has increased.
Read more »