Word: hmo
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...lawsuit was filed late last month by the state on behalf of Harvard Pilgrim after Provost Harvey V. Fineberg '67 sent Mass. Attorney General Thomas F. Reilly a letter arguing that the University has a right to decide whether the debt-ridden health maintenance organization (HMO) can use the Harvard name...
...state took control of the HMO earlier this year, following losses of nearly $200 million...
...even Ritalin's critics weren't prepared for the study in last week's Journal of the American Medical Association. A review of HMO and Medicaid prescription records shows that over the five-year period from 1991 to 1995, the number of stimulant prescriptions written for preschoolers (ages 2 to 4) increased twofold to threefold. That's a jump of 200% to 300%. Next we will be prescribing Ritalin for toddlers...
...There are no guarantees however; we are under no illusions," Reilly said. He added that even under yesterday's plan, the HMO will lose money for calendar year 2000. However, he said that the HMO will probably become profitable...
...plan announced yesterday must be approved by the state's Supreme Judicial Court, before the HMO can come out from under state control. Even after the HMO regains its independence, Ruthardt said the insurance commission and attorney general's office will continue to closely monitor Harvard Pilgrim...