listen to article 5 minutes This voice is automatically generated. Please let us know if you have any feedback. Diving overview: Dive Insight: CareMax has been losing money for several years, according to a statement filed in the U.S. Bankruptcy Court for the Northern District of Texas by Paul Rundell, CareMax's chief restructuring officer. The company posted a net loss of $37.8 million in 2022, but its net loss had ballooned to $683.3 million at the end of 2023. As of the petition date, CareMax had $11 million in cash on hand, well below sufficient reserves to fund day-to-day operations,…
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From brain-computer interfaces to genomic breakthroughs, the healthcare landscape of 2025 is poised to: … (+) Revolutionary transformation through AI and biotechnology.adobe stock Healthcare has evolved dramatically in recent years, with technology providing countless new opportunities just as demographic and social factors are creating new challenges. This trajectory will continue through 2025 as advances in AI, telemedicine, and biotechnology continue to reshape healthcare planning and delivery. From a big-picture perspective, we will continue to see a shift toward predictive measures as systems adapt to the fiscal challenges posed by aging demographics, rapid population growth in developing countries, and economic uncertainty.…
BRYAN-COLLEGE STATION, Texas (KBTX) – Caprock Health System, a staple of Bryan-College Station's health care for the past decade, plans to close its Bryan hospital and College Station 24-hour emergency center on December 13, 2024. is. In a statement, CapRock executives cited financial and market factors as the main reasons for the closure.”It is our privilege to provide the highest quality emergency and hospital care to our patients. A combination of economic and market factors has made it no longer possible for CapRock to continue operating,” the statement said. said.They stressed that the decision was not a reflection on the…
2nd White Coat Black Youth Summit to be held on November 14th Inspired local students to imagine themselves in different medical fields. Photo: Christy Leibowitz. In 1940, black men made up 2.7% of physicians; in 2018, that number dropped to 2.6%, even though black men make up 12% of the U.S. population. organization black man wearing a white coat was founded in 2013 to address this disparity, with the goal of increasing the number of Black men in the medical field through exposure, inspiration, and mentorship. of Renaissance Medical University (RSOM) Stony Brook University; In collaboration with Stony Brook's Black…
The home medical care market is expanding as the baby boomer generation ages.getty During my long career in the healthcare industry, one of the biggest trends in healthcare delivery has been the shift from hospital/inpatient care to outpatient care. The compound annual growth rate (CAGR) for outpatient services from 2017 to 2022 was approximately 8%, while inpatient services increased between 1 and 3% over the same period. Outpatient services currently account for more than 50% of total health care spending in the United States. The last two decades in particular have seen significant growth in new outpatient facilities and channels,…
US President-elect Donald Trump arrives at Joint Base Andrews, Maryland, on November 13, 2024. Andrew Harnik | Getty ImagesPresident-elect Donald Trump's return to the White House is poised to have a major impact on consumer health care.Experts say there are few legislative obstacles to the goal of reforming U.S. health care after Republicans maintained a narrow majority in the House of Representatives, flipped the Senate and took control of both Congress and the presidency. Experts said it may not be possible.Health policy experts say households with health insurance through Medicaid or Affordable Care Act marketplace plans could be hit the…
What is going on here?The healthcare industry is bracing for a surge in IPOs and mergers by 2025, according to a Jefferies report, highlighting geopolitical tensions as the biggest risk.What does this mean?Jefferies' annual survey of nearly 500 senior medical professionals shows a positive outlook for IPOs and mergers in 2025. This optimism is supported by big deals such as Johnson & Johnson's $13.1 billion acquisition of Shockwave Medical and KKR's investment in Cotiviti. However, 40% of executives cite geopolitical tensions as the biggest risk, overshadowed by concerns about funding. Still, 72% expect M&A activity to increase, particularly in Europe,…
November 19, 2024 bruce bernstein Carrington International Corporation david kemp highway to health +See more Healthcare costs are steadily rising and insurance benefits struggle to provide adequate coverage, driving demand for practical solutions such as non-traditional benefits and discount plans. As insurance premiums rise and coverage limits remain stagnant, many individuals and employers are looking for alternative ways to control costs and improve health care access. With chronic diseases on the rise, the stakes for affordable preventive care have never been higher. Early intervention and routine health care can reduce the incidence and expense of serious health conditions in the…
More than 100 students participated in the Faculty of Health Sciences Healthcare Simulation event on Tuesday, November 12th. This event was developed to provide students with the opportunity to learn how to use different types of medical equipment, an important skill for many jobs in the medical field. The event also allows students to get to know the department's faculty better and network with alumni and colleagues.Faculty participating in Allied Health Sciences Healthcare Simulation event, November 12, 2024. (Milton Levin/UConn photo)Faculty and staff speaking at the Allied Health Sciences Healthcare Simulation Event on November 12, 2024. (Milton Levin/UConn photo)Students participate…
Jennifer Leake, business development manager for Egis Quality Senior Home Care, speaks to local Kiwanis. Provided photo Laramie Hassenstein of Presbyterian Home Health and Hospice of Northern New Mexico provided an overview of the organization and its goals. Provided photo Written by Brooke DavisLos Alamos Ski Varnish Club At the Nov. 12 Kiwanis meeting, club members heard from representatives from the senior health care industry and learned about the range of services they provide and plans to bring those services to Los Alamos.Nathan Young and Laramie Hassenstein of Presbyterian Home Health Care and Hospice of Northern New Mexico provided an…