TPS | Newchip Accelerator Files for Chapter 11 | UnitedHealthcare Requiring Prior Auth for Surveillance and Diagnostic Colonoscopies
Manage episode 379877945 series 3520765
Greg does a solo news show:
- Newchip Accelerator, which created a different accelerator business model by requiring startups to pay them files for bankruptcy
- Newchip took warrants, which are now worth approximately $489m
- Is Newchip a scam?
- UnitedHealthcare announces they will be requiring prior authorization for both diagnostic and surveillance colonoscopies
- United cites over-utilization for their main reason to require prior auth after saying they are working to reduce prior auth by 20%
- United creates a "Gold Card" program for physicians that follow their clinical guidelines
Newchip -- https://newchip.com/
Newchip medium article -- https://entrepreneurshandbook.co/the-rise-and-fall-of-newchip-accelerator-73a65f901cad
UnitedHealthcare STAT article -- https://www.statnews.com/2023/05/15/united-colonoscopy-insurance-cost/
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