Moda Negotiating A Major Infusion of Capital

Confidential sources tell The Lund Report that a deal is in the works that could eventually lead to another insurance company holding a majority of seats on Moda's board.

Speculation has swirled for years that Moda Health, Inc. would fail or be taken over.

Now it looks as if it will be the latter. 

ODS/Moda Health Loses Key Executive

Moda Health Loses Key Executive
Dr Bill Ten Pas, a senior healthcare executive, has announced his retirement.

The president of ODS and senior vice president for Moda Health, Dr. Bill Ten Pas, is stepping down next January after joining the company in 2002.

Moda’s Vast Pool of Resources Makes the Rose Garden Affordable

The Lund Report
At the same time, its health insurance enrollment has grown by 34 percent over the past two years.


August 27, 2013 -- Moda Health, which has purchased the naming rights for the Rose Garden basketball arena, appears to have adequate resources to afford the deal, according to insurance reports filed with the National Association of Insurance Commissioners.

During 2012, it earned $5.3 million in net profits on top of its investments in the stock and bond market.

Gelser Forges Path Forward for Free Prenatal Care for Diabetic Women

The Lund Report
The House Health Committee unanimously approved HB 2432, requiring insurers to cover the costs that diabetic women accrue when pregnant without deductibles and copays, despite opposition by Regence BlueCross BlueShield. Rep. Sara Gelser was able to lower the fiscal impact to the Oregon Educators Benefit Board after talks with ODS

April 9, 2013 — Oregon women who get pregnant and struggle with low blood sugar may no longer struggle to seek extra prenatal care relating to diabetes after the House Health Committee voted 8-0 on Monday to require insures to cover diabetic prenatal care at no extra cost.

Daughter Fights Kaiser Permanente for Mother’s Care

The Lund Report
After her mother was diagnosed with pancreatic cancer, Elizabeth Schneider found herself in a quandary with Kaiser about her care

December 20, 2012 -- Pancreatic cancer is often a deadly diagnosis. Statistics indicate that 25 percent of people live less than a year.

So when a CT scan revealed a malignant mass in her mother’s pancreas last June, Elizabeth Schneider and her sister were determined to do everything possible to keep their mother alive. What ensued turned into a contentious battle over quality of care with Kaiser Permanente, her mother’s insurance plan.

Barney Speight Returns to State Government

The Lund Report
This time around he’s working as a special assistant to Bruce Goldberg

August 15, 2012 -- Barney Speight is back at state government again. After leaving earlier last year to join the ODS Companies, Speight has returned to the Oregon Health Authority – this time as a special assistant to Dr. Bruce Goldberg, director.

Coos Bay Dermatologist Strikes Out on Her Own, Abandons Billing Codes

The Lund Report
Dr. Kathleen Brown says she’s received pushback from the two insurers for not using CPT billing codes

December 15, 2011 – In July, Dr. Kathleen Brown decided to leave the Coos Bay clinic where she’d been practicing since 1997 and open her own dermatology practice. It’s not uncommon for doctors to strike out on their own, but Brown’s decision had a twist: she decided to eschew the use of CPT codes, a set of medical billing codes required by the American Medical Association for reimbursement by insurers.

Advantage Dental to Purchase Competitor

Two competing dental plans have taken off their crowns in the hope of building a bridge together

May 21, 2009 -- Advantage Dental Services led by Mike Shirtcliff, DMD, its president, has filed paperwork to purchase Hayden Family Dentistry Group, which is owned by Cedric Hayden, DDS. Both plans serve Oregon Health Plan clients.
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