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hospital consolidation raises concerns over costs and patient care quality

Nearly half of U.S. metropolitan areas are dominated by one or two health systems, raising concerns about rising healthcare costs and market competition. A recent study shows that 67% of hospitals were affiliated with health systems in 2022, with 97% of metro areas having highly concentrated hospital markets. While larger cities have more competition, major systems still control significant market shares, prompting increased scrutiny from Congress on hospital mergers and pricing policies.
Axios
HCA Healthcare, Inc. Ascension Health Alliance USA Sara Fischer Caitlin Owens Mark Thompson Show more
Regulatory & Legal, News Article
09:00 01.10.2024

Migros to close bestsmile locations amid restructuring and market challenges

Migros is set to close its dental care brand bestsmile, including its Lugano location, due to underperformance and a challenging market. The closure will occur in stages, affecting 27 locations and leading to job cuts, with a consultation process for impacted employees. Patients can continue their treatments at remaining bestsmile practices or at zahnarztzentrum.ch locations.
Corriere del Ticino
Migros Bank Medbase Group CHE
Finance & Economy, News Article
09:00 01.10.2024

doctors express concern over potential changes to pension tax rules

An NHS pension expert has reported receiving over 200 inquiries from healthcare professionals concerned about potential changes to pension tax rules following recent Budget discussions. Graham Crossley, director of MediFintech, noted that such rumors often prompt doctors to reconsider their retirement plans, particularly regarding tax-free lump sums and tax relief.
New Model Adviser
Medifintech Ltd. GBR Graham Crossley
Finance & Economy, News Article
09:00 01.10.2024

global telehealth market projected to reach 784 billion by 2032

Eli Lilly launched LillyDirect in January 2024, a digital healthcare platform targeting obesity and diabetes management. The global telehealth market is projected to grow from $84.4 billion in 2022 to $784.3 billion by 2032, driven by healthcare digitalization and increased patient engagement, despite challenges like behavioral interferences during remote monitoring. North America leads the market, while the Asia-Pacific region is expected to grow the fastest, highlighting significant opportunities for data analytics and improved patient outcomes.
ABN Newswire
United States Dollar Medtronic Defined Contribution Plan Master Trust Siemens Healthcare Private Limited Cerner Corporation (Oracle) Koninklijke Philips N.V. GE HealthCare Technologies Inc. HKG CAN GBR USA IND David Correa Joe Biden Show more
Technology & Innovation, Market Report
09:00 01.10.2024

uk artificial intelligence growth trends concerns and future outlook

Concerns about artificial intelligence are prevalent among 59% of Brits, with significant growth in the UK AI market, projected to reach £801.6 billion by 2035. The workforce in AI exceeds 360,000, contributing £3.7 billion to the economy, while job displacement could affect nearly 30% of roles in the next 20 years. Self-driving vehicles are expected on UK roads by 2025, despite 85% of the public expressing reservations about AI in cars.
Forbes Advisor UK
British Pound Sterling Marks and Spencer Group plc OpenAI Apple Inc. GBR Show more
Technology & Innovation, Market Report
09:00 01.10.2024

pediatric telemedicine market trends and growth opportunities through 2031

The Pediatric Telemedicine Market is experiencing significant growth, driven by advancements in technology and increasing demand for remote healthcare services. A recent report outlines key trends, market segmentation by type and application, and profiles major players like CISCO and Philips Healthcare. The study also provides forecasts and insights into regional market dynamics, highlighting opportunities for future development.
rock-news.at
McKesson Corporation AMD Global Telemedicine Cisco Systems, Inc. Polycom Corporation Aerotel Medical Systems Ltd DEU CHL ARG USA CAN JPN IND MEX COL GBR NGA FRA ESP KOR SAU CHN ITA Gauri Dabi Show more
Healthcare, Market Report
09:00 01.10.2024

big pharma's resilience amid biotech innovation and market challenges

Investors are evaluating biotech companies like Novo Nordisk, Merck, Pfizer, and Bayer, each with distinct strengths and vulnerabilities. Novo Nordisk focuses on diabetes and obesity, while Merck's Keytruda drives growth amid patent concerns. Pfizer aims to diversify beyond Covid-related products, and Bayer balances agricultural and pharmaceutical ventures, facing legal challenges from its Monsanto acquisition.
securities.io
United States Dollar Johnson & Johnson USA Show more
Finance & Economy, Market Report
09:00 01.10.2024

cvs considers breakup amid challenges in healthcare integration and performance

CVS is considering a breakup of its integrated healthcare businesses, potentially spinning off Aetna and Caremark, following similar moves by competitors like Walgreens and Walmart. This shift comes amid Aetna's underperformance and rising government scrutiny on pharmacy benefit managers, raising questions about the future of vertical integration in healthcare. CVS's stock rose to $64 per share after the news, but analysts express skepticism about the potential benefits of a breakup.
@YahooFinance
United States Dollar Walgreens Boots Alliance, Inc. Aetna Better Health Inc. Walmart Inc. CVS Health Corporation USA Allen Lutz Medicare Advantage Show more
Finance & Economy, Market Report
09:00 01.10.2024

spectra medical devices acquires xl precision technologies to enhance capabilities

Spectra Medical Devices has acquired XL Precision Technologies, making it a wholly-owned subsidiary. This merger enhances Spectra's development and manufacturing capabilities, allowing it to better serve medical device OEMs and drive significant growth in the industry. Both companies bring complementary strengths, positioning them as a leading CDMO for emerging innovators and established manufacturers.
Medical Product Outsourcing
Spectra Medical Devices XL Precision Technologies Tom Graham Chad Nikel
Healthcare, Press Release
09:00 01.10.2024

Surescripts partners with TPG to enhance healthcare solutions and patient care

Surescripts has announced a strategic partnership with TPG, which will become a majority investor, to enhance patient care and address healthcare challenges. This investment will enable Surescripts to scale its Intelligent Prescribing, Benefits and Authorizations, and Clinical Interoperability solutions, ultimately improving patient safety and reducing clinician burnout. TPG's expertise in healthcare investments aligns with Surescripts' mission to revolutionize health intelligence sharing and improve patient outcomes across the U.S.
@businesswire
Deutsche Bank Aktiengesellschaft TripleTree Surescripts Cleary Gottlieb Steen Hamilton Evercore Inc. Kirkland & Ellis LLP J.P. Morgan Securities LLC TPG Inc. USA Frank Harvey Cleary Gottlieb Katherine Wood Art Heidrich John Schilling Show more
Finance & Economy, Press Release
09:00 01.10.2024
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