Brookfield, Wis.-based Common Ground Healthcare Cooperative received funding from a private source last week, the Milwaukee Business Journal reports. Here's what you should know.
1. The co-op is one of the six left from the ACA initiatives.
2. It signed a nondisclosure agreement concerning the deal.
3. The co-op will continue to operate in 2017 after worries it would shut down.
4. In the first half of 2016 the co-op has lost $16.9 million. In 2015 it had a net loss of $28.2 million. In 2014, it had a net loss of $36.5 million.
More coding, billing and collections news:
5 things to know about the new healthcare scam linked to the ACA
Auditors claim Obama administration illegally distributed payments to payers under ACA reinsurance program — 5 key points
Minnesota asks 45k to reapply for coverage after computer error: 4 things to know