Over the past 12 months, overall stock performance outperformed the Morningstar US Healthcare Index by more than 13%. The more defensive nature of the sector likely led to underperformance earlier this year, but recession fears reignited in the third quarter, resulting in an outperformance of around 1%. Source: Morningstar. Data as of September 23, 2024. As a result, the sector as a whole is valued relatively fairly, with average stock prices trading at approximately a 4% premium (on a market-cap weighted basis) to our fair value estimates. Medical distribution appears to be the most overvalued industry, while pharmaceutical companies and…
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A federal judge has dismissed a wrongful death lawsuit that blamed former New York Gov. Andrew Cuomo for nursing home deaths during the coronavirus pandemic.The New York Post reports that Judge Rashan Deacy Hall of the Eastern District of New York argued that the father's death was caused by a state health department order requiring nursing homes to accept coronavirus patients in 2020. The court has granted a motion to dismiss a lawsuit filed by a New York man. According to CBS, Norman Arbeney was an 89-year-old Korean War veteran who died in March 2020 at a nursing home in…
October 3, 2024 Philips helps healthcare organizations around the world assess and reduce their environmental impact while delivering better care and better outcomes for more patients at a lower cost. AMSTERDAM, THE NETHERLANDS – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it has worked with customers around the world to assess and mitigate their carbon footprint, resulting in significant reductions in greenhouse gas emissions. (GHG) emissions reduction results announced. Improve patient care and customer operational efficiency. The main achievements are as follows. Jackson Health System (USA): Expected 47% reduction in CO2e emissions…
The impact of the coronavirus and social media on generationsIt's no secret that the COVID-19 pandemic and lockdowns have disrupted the daily lives of children and families around the world, contributing to mental health issues. Early studies conducted during the pandemic showed that mental health outcomes were worse, even worse for families of low socio-economic status and living in small homes. Children who experienced infection had increased levels of anxiety, depression, and appetite problems.Research into the psychological effects of this generation of children and young people will likely continue for many years to come and will need to be conducted…
Imagine facing an infectious disease That it cannot be cured with medicine. Or you were finally diagnosed with a disease that explained all your symptoms, but it was too late to treat. How can medical practice change to address these challenges?More than 100 Harvard faculty and leading practitioners from the Massachusetts General Brigham (MGB), the nation's largest hospital system-based research organization, gathered in late September to address the most urgent and demanding challenges in health care today. “What needs do we have that we don't have?” result? A list of 10 urgent priorities that shed light on the future of…
As of October 1, more than 3,000 nursing home employees across Oregon are working under expired contracts.Workers at Meadow Park Care in St Helens were the first to approve the strike, with 98% supporting it. Other nursing and assisted living facilities represented by SEIU Local 503 may follow suit this month. Staffing issues are an important topic in contract negotiations, as are pay and safety issues.”Our residents have the right to live their lives with dignity. If there aren't enough of us available to answer the call signal when a resident needs us right away, that means going to the…
For prospective students, recent high school graduates, and parents who are guiding their children into rewarding careers, earning a health care degree from the University of Michigan-Flint offers unparalleled financial benefits. Masu. From high income potential to solid job security, a healthcare degree is not only your ticket to a job, but also your ticket to a fulfilling and lucrative career. High earning potentialThe medical sector is hard to beat when it comes to high salaries. According to the 2023 Michigan Healthcare Industry Cluster Workforce Analysis Report, Michigan healthcare professionals enjoy competitive wages that reflect the high demand for their…
Share Private AI: Building secure and compliant life sciences and healthcare solutions on Twitter.Share “Private AI: Building secure and compliant life sciences and healthcare solutions” on FacebookShare “Private AI: Building Secure and Compliant Life Sciences and Healthcare Solutions” on LinkedInIDC Guest PostThe life sciences and healthcare (LSH) industry sees immense potential in what AI offers and is investing heavily in AI(1) (NL2) Deep Pharma Intelligence reports: Cumulative investments have been made in AI-related drug development since 2014. In 2023, it will exceed $60 billion. AI, and GenAI in particular, is gaining traction in these industries, with one-fifth of LSH industries…
asks Vox reader Mike Lovely. Why does the U.S. continue to create new health insurance programs (CHIP, ACA, Medicaid Expansion Alternative, etc.) instead of consolidating them into one big program in which all insurance companies participate and everyone chooses coverage? I wonder if there is one?Health insurance in America is a collection of brands and acronyms such as Medicare, Medicaid, VA, Tricare, ACA, CHIP, United Healthcare, and BCBS. My head hurts just listing them.In most wealthy countries, people don't have to worry about considering a dozen different health plans. You also won't have to live in fear of losing your…
October 2, 2024 future of nursing Microsoft Copilot in Healthcare Nursing informatics real-time documentation +See more In the latest episode of Care Anywhere: The Global Health Workforce podcast, Lea Sims, CMO of CGFNS International, talks about two key figures in nursing informatics: Kathleen McGrow, CNIO at Microsoft, and Healthcare CNIO at Dell Technologies. Talk to Romina Elias. Together, they explore how technology is changing the future of nursing and healthcare. Kathleen and Romina share their personal journey into nursing, inspired by the influence of their families. They each found a passion for helping others and ultimately entered the field of…