The Eye Basis Group of Hospitals has a presence in over 21 cities within the Indian states of Tamil Nadu, Kerala and Karnataka. Credit score: Terelyuk/Shutterstock. The Eye Basis, an India-based chain of specialist hospitals, is within the preliminary phases of elevating $100 million from personal fairness funds, MoneyControl reported, citing 4 sources. The corporate needs to promote a minority […]

July 15, 2024 – Freestanding emergency departments (FSERs) are a comparatively new idea within the healthcare panorama. Twenty years in the past, they accounted for simply 1% of emergency departments. In response to CME, these freestanding services provide a viable different to conventional hospital-based emergency departments, offering emergency medical care to sufferers who require quick consideration however […]

Enhabit Inc. (NYSE: EHAB) continues to enhance its monetary place and place with Medicare Benefit (MA) companions amid a dispute with activist investor AREX Capital Administration. The corporate launched an preliminary snapshot of its second-quarter earnings outcomes on Monday, forward of the complete, audited earnings launch on August 6. Of Enhabit's non-Medicare visits, 43% are actually below payer innovation contracts […]

The enterprise capital market seems to be returning to regular after the ups and downs of the pandemic. That’s excellent news for the 1000’s of healthcare startups vying for funding. In keeping with a latest report from market analysis agency CB Insights, world enterprise capital funding totaled $65.7 billion within the second quarter of 2024. The market analysis additionally confirmed […]

Pancreatic most cancers stays one of the tough cancers to deal with, however Revolution Medicines has knowledge from an early-stage research exhibiting that its experimental remedy helped sufferers stay longer with out their illness getting worse. With the encouraging outcomes, Revolution stated Monday it’s making ready to maneuver ahead with a pivotal scientific trial enrolling sufferers with superior instances of […]

What it is advisable know: – The Missouri Division of Well being and Senior Providers (DHSS) is taking a step ahead within the digital transformation of well being care by partnering with Guidehouse and the Healthcare Info and Administration Methods Society (HIMSS) to evaluate the present state of its public well being knowledge infrastructure. – This strategic initiative, funded by […]

The milestone was marked by an official opening on July 13, led by Singapore's Senior Minister Lee Hsien Loong. Credit score: © Woodlands Well being. Singapore's latest built-in healthcare facility, Woodlands Well being (WH) Campus, is now open to the general public, offering locals with higher entry to acute hospital providers. The landmark was formally opened on July 13 by […]

July 14, 2024 — IU Well being’s new hospital is on monitor to reshape medical care in central Indiana and remix the identification of downtown Indianapolis in simply three years. Set to interrupt floor in late 2027, the $2.3 billion challenge is a skyline-changing growth for the Close to Northside and a possibility to decrease working prices […]

For biotech firms with platform applied sciences, a typical purpose is to seek out a big pharma companion taken with leaping on that platform ultimately. For miRecule, the collaboration got here earlier. Inside 4 years of its founding and nonetheless within the preclinical part, the startup collaborated with Sanofi to develop an RNA remedy for a uncommon muscle illness. The […]

By MATTHEW HOLT And out of the blue we’re again in 2021. You digital well being followers do not forget that golden age. In 2019, a bunch of digital well being corporations went public, after which by some means acquired combined up within the pandemic meme inventory growth, culminating in Livongo’s sale to Teladoc in August 2020, valuing it at […]

What it’s essential to know: – FFL Companions (“FFL”), a personal fairness agency centered on development investments in Healthcare and Tech-Enabled Companies firms, has acquired a majority stake in Medicus IT, a number one supplier of managed IT and cybersecurity providers to the healthcare trade. Monetary phrases of the transaction weren’t disclosed. – The acquisition positions Medicus IT for continued […]

Building works kicked off with an official basis stone laying ceremony at Dubai Healthcare Metropolis Part 2. Picture: © The Authorities of Dubai Media Workplace (GDMO). Building of a brand new built-in hospital, Asan – UAE Gastroenterology Hospital, with a deal with digestive well being, has begun in Dubai, UAE. That is the primary worldwide enterprise of Asan Medical Middle […]

July 15, 2024 – The Meals and Drug Administration has prolonged the expiration dates of some at-home COVID checks. The transfer comes after check producers offered information to the FDA exhibiting the checks have been lasting longer than beforehand thought. Consequently, some producers started placing new expiration labels over outdated expiration dates. Walgreens has made a number […]

Psychological well being firm Thriveworks has partnered with Ophelia, a supplier of opioid habit remedy, the businesses solely advised MedCity Information. Based mostly in Lynchburg, Virginia, Thriveworks presents particular person remedy, {couples} remedy, youngster and teenage remedy, household remedy, and psychiatry. Sufferers can entry its companies in-person and just about, and the corporate accepts insurance coverage and self-pay choices. Based […]

Zac Amos, Options Editor at ReHack Whereas digitalization saves lives, it may well additionally threaten them. The rise in knowledge breaches and cyberattacks focusing on the healthcare sector correlates with the adoption of internet-connected and insecure expertise amenities. Implantable medical units are among the many newest victims of this pattern — and their vulnerabilities could be lethal. Why are hackers […]

Regard improves the way in which clinicians use affected person information, bridging the hole between out there information and actionable medical insights. Credit score: Tung Nguyen from Pixabay Regard, an AI-driven medical insights platform, has raised $61 million in a Collection B financing spherical led by Oak HC/FT. The funding will fund Regard's enlargement of product growth, massive language mannequin […]

July 12, 2024 – Henry Schein, Inc. just lately opened an 811K-square-foot Southwestern Distribution Middle in Fort Price, Texas, the most important constructing within the firm’s international community. Roughly 300 Workforce Schein members, provider companions, clients, elected officers and firm leaders attended a ribbon-cutting ceremony to rejoice this vital milestone, which underscores Henry Schein’s dedication to bettering […]

The Pennant Group (Nasdaq: PNTG) has agreed to amass property of sure subsidiaries of Signature Healthcare at Dwelling for an mixture consideration of $80 million. “This can be a important acquisition in Pennant's historical past,” Pennant CEO Brent Guerisoli stated in a press launch. “We’re excited to make this funding due to the standard of Signature's folks and operations. The […]

Because the early 2000s, increasingly maternity care facilities have closed throughout the nation, most of them in rural areas, creating harmful care deserts. Maternal well being care is already scarce in these areas, with 45% of rural counties missing hospital-based maternity care earlier than one other 9% misplaced companies between 2004 and 2014. Between 2016 and 2020 alone, a further […]

What you must know: – mpathic, the chief in AI-based, actionable dialog analytics specializing in healthcare, life sciences, and customer support, not too long ago acquired an NIH SBIR grant to handle racial bias in AI for psychological well being. – The celebrated grant will assist the event of a groundbreaking undertaking entitled “Empathy for All: Generative AI that improves […]

SevenHills Hospital is a 300-bed hospital in Visakhapatnam, India. Credit score: Piotr Zajda/Shutterstock. Chennai-based healthcare group MGM Healthcare has expanded its operations with the acquisition of the 300-bed SevenHills Hospital in Visakhapatnam. This step is a part of the chapter means of SevenHills Healthcare and means important development for MGM. Inside 5 years after the opening of the primary hospital, […]

July 12, 2024 – Baxter Worldwide Inc. launched its 2023 Company Duty Report. The annual report demonstrates Baxter’s dedication to creating a significant distinction in international healthcare and transparently reporting on the environmental, social and governance matters that matter most to its stakeholders. Company Social Duty Highlights in 2023Baxter’s 2023 Company Duty Report shares updates on the […]

This text is a part of your HHCN+ membership The affect of personal fairness on dwelling care and healthcare usually has been exaggerated. However lively healthcare corporations nonetheless play an vital function. Pitchbook estimates that PE-backed suppliers symbolize 3.3% of the U.S. healthcare supplier ecosystem by income. In line with Pitchbook, there are no less than 73 PE-backed dwelling care […]

The pandemic has been a catastrophe for healthcare provide chains in the USA—and all over the world. Backorders on PPE gadgets like gloves and masks elevated dangers for each hospital employees and sufferers, and shortages of different gadgets have impacted hospitals’ capability to offer wanted care to sufferers. Whereas hospitals try to be higher ready for the following pandemic, hospital […]

Novo Nordisk's bid to supply diabetes sufferers a much less burdensome dosing routine has suffered a setback. The FDA has rejected the corporate's utility for icodec, a slow-release insulin the corporate designed for once-weekly dosing as an alternative choice to day by day insulin injections. Novo Nordisk stated the FDA's full response letter raised questions concerning the manufacturing course of […]

What you might want to know: – Philips IntelliSite Pathology 5.1 has acquired 510(ok) clearance from the FDA, solidifying its place as essentially the most extensively used digital pathology resolution for major analysis worldwide. – Greater than 300 pathology labs are already implementing the Philips resolution and greater than 20 labs have achieved totally digital workflows. The success of this […]

The deal is pending regulatory approval and is predicted to shut inside 45 days. Credit score: Nationwide Most cancers Institute on Unsplash Valenz Well being, a supplier of built-in price management and fee integrity options, has entered right into a definitive settlement to amass Healthcare Bluebook, a specialist in healthcare price and high quality navigation. The acquisition creates a complete […]

July 12, 2024 – Walgreens introduced its second yr as a sponsor of Youngsters with Diabetes (CWD), a nonprofit group devoted to offering schooling and assist to households residing with sort 1 diabetes, at its upcoming Pals for Life (FFL) convention. Walgreens will showcase quite a lot of diabetes choices and healthcare options on the annual occasion, […]

One of many greatest public conflicts in house well being care continued Thursday, when an outdoor consulting agency made suggestions about the way forward for the board of Enhabit Inc. (NYSE: EHAB). AREX Capital Administration – ​​which owns 4.9% of Enhabit’s excellent widespread inventory – has been difficult Enhabit’s strategic path for greater than a 12 months. The activist investor […]

Cityblock, a value-driven major care firm, is increasing its presence amongst Medicaid members in North Carolina by a brand new partnership with Alliance Well being, the businesses introduced Wednesday. Cityblock, primarily based in New York Metropolis, supplies scientific, behavioral well being, and social care in sufferers’ houses, just about, and in neighborhood clinics. It primarily serves Medicaid members in seven […]

This week, HHS issued a proposed rulemaking meant to enhance the sharing of well being knowledge amongst well being care suppliers, payers, sufferers, and public well being organizations. The proposal is known as the Well being Knowledge, Know-how, and Interoperability: Affected person Engagement, Data Sharing, and Public Well being Interoperability rule, or HTI-2 rule. It comes seven months after HHS […]

What you have to know: – CRISP Shared Providers (CSS), a number one nonprofit targeted on public well being knowledge sharing know-how, has been chosen as a recipient of an Implementation Middle award underneath the not too long ago launched $255 million Nationwide Implementation Middle Program. – This system, funded by the Facilities for Illness Management and Prevention (CDC) by […]

July 12, 2024 – Fifteen million folks worldwide undergo a stroke annually, leaving 5 million completely disabled. An estimated 69 million folks worldwide undergo traumatic mind harm annually. Spastic cerebral palsy, the commonest type of cerebral palsy, accounts for 70% to 80% of all folks recognized. Sufferers dwelling with bodily modifications from stroke, traumatic mind harm, cerebral […]

This text is a part of your HHCN+ membership Leaders at high house care firms don’t run their companies in a vacuum. As an alternative, many use aggressive evaluation to remain forward. Broadly talking, a aggressive evaluation is a benchmarking software. “A whole lot of healthcare organizations use aggressive evaluation for benchmarking to see the place they stand or how […]

Ipsen is betting on a fast-growing and aggressive space of ​​most cancers drug discovery and has closed a deal for a novel antibody drug conjugate (ADC) from Foreseen Biotechnology that’s on observe for first-in-human testing. Paris-based Ipsen will acquire world rights to Foreseen’s FS001, which the businesses say targets a novel tumor-associated antigen that’s overexpressed in lots of strong tumors. […]

A few yr in the past, UnitedHealth Group's Optum introduced plans to amass residence well being care firm Amedisys for about $3.3 billion, beating out Choice Care Well being. The deal could be an all-cash transaction for $101 per share. The announcement got here as a number of healthcare firms are making strikes into the house well being care area, […]

What it’s worthwhile to know: – Bluesight, a supplier of treatment intelligence options, has launched its Distraction Traits Report 2024which offers invaluable insights for healthcare suppliers to enhance drug monitoring and affected person security. – The report reveals progress within the well being care business’s combat in opposition to managed substance diversion. Nonetheless, the info additionally highlights areas for continued […]

The hospital will take over the companies of the present Sarojini Naidu Youngsters's Hospital. Credit score: Beenicebeelove / Shutterstock. Building of a super-specialized youngsters's hospital in Prayagraj, India, is reportedly nearing completion. The brand new facility on the SRN Hospital goals to enhance pediatric well being care within the area by offering state-of-the-art therapies, permitting households to obtain pediatric care […]

July 11, 2024 – As of June 29, emergency division visits for COVID-19-related diseases elevated 18.4% and hospitalizations elevated 13.3% from the earlier week, the CDC discovered. Based on the CDC and Becker's Hospital Assessment, the CDC warned on June 28 {that a} summer season surge could possibly be approaching earlier than the summer season holidays. Nonetheless, […]

Trinity Well being at Residence — one of many nation’s largest house well being care suppliers — has a brand new chief. Dan Drake has been named CEO of Trinity Well being’s three nationwide persevering with care organizations: Trinity Well being At Residence, Trinity Well being Senior Communities and Trinity Well being Applications of All-Inclusive Look after the Aged (PACE). […]

Digital major care platform Howdy Alpha has entered right into a partnership with precision drugs biotechnology firm Phenomix Sciences, the businesses introduced Tuesday. The partnership will give Howdy Alpha’s sufferers entry to Phenomix Sciences’ genetic weight problems take a look at. Howdy Alpha, based mostly in Palo Alto, California, primarily focuses on girls and treats greater than 100 medical circumstances, […]

Oncology is a important space of ​​healthcare, presenting vital challenges but in addition vital alternatives for innovation, significantly within the improvement of pharmaceutical medicine. The severity of most cancers is common, and virtually everybody is aware of somebody who has been affected by this daunting prognosis. Most cancers is a number one reason behind loss of life within the U.S., […]

Bruce Springer, CEO at Prolucent A current survey by the American Faculty of Healthcare Executives discovered that staffing points have been hospital leaders’ high considerations for the second yr in a row. The continuing problem of staffing shortages, turnover and excessive emptiness charges proceed to extend reliance on costly contract employees, which erodes hospital margins and contributes to clinician burnout. […]

The proposed rule is anticipated to be printed within the Federal Register quickly, kicking off a 60-day public remark interval. Credit score: Christopher E Zimmer/Shutterstock. The U.S. Division of Well being and Human Companies (HHS) has proposed a brand new rule aimed toward rising affected person engagement and interoperability in healthcare. The proposed rule for Well being Information, Know-how, and […]

July 10, 2024 – eVisit, the main digital care transformation companion for revolutionary well being techniques, introduced the acquisition of UPMC’s affected person teleconsultation know-how, alongside strategic direct investments from UPMC Enterprises and MedStar Well being, including to the $45 million Sequence B fundraise led by Goldman Sachs Asset Administration. The organizations may also respectively pursue co-development alternatives with eVisit […]

This text is a part of your HHCN+ membership Regardless of variations in companies, measurement and actions, the perfect residence care organizations have one factor in frequent. These corporations all prioritize the expertise — of sufferers, shoppers, and workers. And whereas each member of a company performs a task in shaping the expertise, a lot of that duty falls on […]

Earlier than GLP-1 medication turned a wildly fashionable pharmacological option to deal with weight problems, bariatric surgical procedure was a high possibility for these in search of a medical intervention to drop pounds. Whereas the process is efficient for weight reduction, it seems that altering the construction of the intestines can result in a debilitating situation in some sufferers. Amylyx […]

On Wednesday, the Facilities for Medicare & Medicaid Providers (CMS) launched its proposed laws for subsequent yr's Medicare doctor charge schedule. The proposed rule would minimize doctor fee charges by 2.8 p.c. Trade teams responded with swift outrage, arguing that doctor compensation ought to hold tempo with inflation. Beneath the proposal, the conversion issue used to find out doctor reimbursement […]

What you must know: – Samsung Electronics immediately introduced a big growth of its wearables portfolio with the introduction of the Galaxy Ring, Galaxy Watch7 and Galaxy Watch Extremely. – Powered by Galaxy AI, these new gadgets are designed to supply a holistic and personalised wellness expertise for customers in any respect ranges. Galaxy Ring: modest design, highly effective insights […]

The acquired firm has developed a particular working mannequin that features doctor partnerships and a medical trials division. Credit score: Brian A Jackson/Shutterstock. Vivo Infusion has introduced the acquisition of Infusion Associates, considerably increasing its operational footprint within the US. The businesses didn’t disclose monetary particulars of the transaction. As a part of this acquisition, Vivo Infusion will likely be […]