Global digital health investment hit a record high of $57.2 billion in 2021, according to CB Insights. However, the healthcare industry is a long way away from seeing a significant return on that investment in the form of sustained reduction in expenditures or improvement of outcomes. A huge reason for that could be due to the fact low-income patient populations […]
The Business of Health Care I was at the AHIP conference in Vegas late last month and caught up with a number of CEOs & execs for some quick bite interviews — around 5 mins getting (I hope) to the gist of what they & their companies are up to. I am going to dribble them out this week. -Matthew […]
U.K. Prime Minister Boris Johnson is clinging to power, and all eyes are on Larry the Cat, Downing Street’s chief mouser who may hold the key to the PM’s future. Today in health care, the “go vote” message on abortion from top Democrats may be falling flat. Welcome to Overnight Health Care, where we’re following the latest moves on policy and news […]
Remote therapeutic monitoring supports the near-term business case for traditional MSK providers to build a best-in-class hybrid care model now, with much broader long-term applications. Musculoskeletal (MSK) care continues to be a major area of interest in digital health. And for good reason – with over $400B in annual MSK-related cost, it represents 10-15% of total health expenditures in the […]
Most of St. Anthony’s patients are on Medicaid, a government-run program for the poor and disabled. The hospital claimed at the time of its original suit that it was in financial distress, losing about 98% of its cash reserves, allegedly because managed care organizations had delayed and reduced Medicaid payments. As of February 2020, St. Anthony said it was missing […]
When it comes to expanding franchises in the health care space, this isn’t Jason Wiedder’s first rodeo. Wiedder has nearly two decades of experience in building brands, most of those years being in home care. He spent 10 years with Senior Helpers, helping the nationwide home care agency grow from zero to 300 franchises around the country. In December, Wiedder […]
Norwegian Cruise Line dropped its pre-boarding COVID-19 testing requirement on Wednesday in a major shift for the cruise industry more than two years after the vacation travel companies began wrestling with coronavirus outbreaks and new policies to keep guests safe. In a news release, Norwegian Cruise Line Holdings said starting on Aug. 1 guests will no longer have to test […]
Pharmacists can prescribe the leading COVID-19 pill directly to patients under a new U.S. policy announced Wednesday that’s intended to expand use of Pfizer’s drug Paxlovid. The Food and Drug Administration said pharmacists can begin screening patients to see if they are eligible for Paxlovid and then prescribe the medication, which has been shown to curb the worst effects of […]
The Biden administration is working on a plan that will allow foreign manufacturers of infant formula to keep their products on the market in the U.S. long term, the Food and Drug Administration (FDA) announced Wednesday. The move would diversify the supply chain and is aimed at preventing another situation like the current shortage, which occurred after the country’s largest […]
Peoria, Illinois-based OSF HealthCare was among the first U.S. health systems to establish a dedicated venture capital investment arm, along with Ascension, Kaiser Permanente and Providence. Since its founding in 2015, OSF Ventures has invested in 28 startups, nine of which have successfully exited. Last week, the investment arm gained a new leader. Mayank Taneja became the health system’s vice […]