Rajan Kohli, CEO of CityStec. It stimulates new possibilities for a health ecosystem with technology and human ingenuity. Getty One emotion echoes in conversations with medical executives and innovators across the healthcare industry. The challenges of healthcare are as complicated as the opportunities are enormous. I have given leaders a story of relentless pressure, from operational inefficiencies to surges in patient demand, to how these can be exacerbated by labor shortages and rising chronic diseases. Space racing innovators to develop solutions faster than regulations can adapt. Life sciences companies face unrelenting demand for spiral R&D costs and speed in drug…
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Dublin, March 25, 2025 (Globe Newswire) – “Healthcare Market Industry Trends and Global Forecasts for 2035” report has been added to the offer of ResearchAndmarkets.com. The global metaverse of the healthcare market size is estimated to grow from USD 14.6 billion this year by 2035 to USD 219.1 billion by 2035. Ongoing advancements in virtual reality and augmented reality tools allow surgeons to perform complex medical procedures in a controlled virtual environment, helping to reduce errors and improving overall surgical outcomes. Furthermore, it is important to emphasize that in recent years these cutting-edge technological advances have attracted great attention from…
LANSING, Mich. (WILX) – McLaren Greater Lansing Hospital has announced the upcoming closure of its Geropsychiatry unit.The department provides mental health services to seniors, but McLaren said the unit will be closed on April 11th due to ongoing challenges.According to an internal memo obtained by News 10, the unit's nursing staff were notified on March 24th of the closure and its collective layoffs. The memo came from the hospital's chief nursing officer and said the closure was the result of “the very realistic changes that healthcare providers are undergoing and the need for McLaren to maintain strong economic stability.”The announcement…
The leaders of the PACS Group (NYSE: PACS) are facing shareholder lawsuits in connection with an alleged scheme to file false Medicare claims. Five PACS executives, including CEO Jason Murray and CFO Derick Apt, have been appointed defendants in a currently integrated federal securities fraud class lawsuit. According to a complaint filed on March 21, these PACS executives allegedly did not warn investors that false claims were a major factor in the company's revenues between 2020 and 2023, and that the company abused its COVID-era exemptions to inappropriately access the skilled nursing Medicare benefits of thousands of patients. Since its…
Have you ever felt your nursing home struggles are totally blind to the general public? For those dealing with frustrated families trying to find a place for their loved ones, I think their “surprise” at learning about the lack of nursing home beds is a reminder that warnings about your level of access are often deaf. Now, new rankings for the state based on “Access to high quality nursing homes” threaten to drown your concerns even more. In part, the ranking appears to demonstrate access using Medicare bed count and occupancy data. Whether these beds are empty due to understaffing…
Columbia – Less than a week to go to negotiate an insurance plan, MU Health Care says it is likely that Anthem's customers will see their insurance plans drop as there are no progress in negotiations.MU Health Care sent an email to students and customers on Monday night to update the status of the negotiations, expressing disappointment at the potential outcome. MU Health Care is seeking a 39% increase in price over the next three years. This is four times more than inflation, according to Anthem. Anthem claims these demands make healthcare unruly.Meanwhile, MU Health Care says there is a…
JACKSON, Mich. (WLBT) – One woman has been killed in a domestic conflict at a Jackson nursing home.The murder and suicide occurred around midnight Friday in Pine Forest health and rehabilitation, Jackson police said. The family says it happened around 10:30pm.Destiny Karee Stewart, 27, was shot once in the head in the car park of a nursing home.Police said 29-year-old Samuel Coleman had argued with Stewart before the fire began. He then went to his car and shot himself.Stewart was a certified nursing assistant at the facility. No one in the facility was damaged. Stewart and Coleman were taken to…
The nursing regulator has reported its first month-on-month improvement in its fitness-to-practise (FtP) backlog since 2023, despite a continued high number of referrals. As of February 2025, the Nursing and Midwifery Council (NMC) had 6,498 live cases, a decline from 6,511 the previous month and from a record high of 6,633 in December 2024. “High volumes of referrals continue to put our teams under significant pressure” Lesley Maslen It comes as the FtP caseload has been gradually increasing since August 2023, when the NMC had 5,387 open cases. In the four months leading up to August 2023, case numbers had…
The market capitalization is $16.8 billion, and Cooper Companies, Inc. (COO) is a specialized medical device company that contacts lens wearers and develops, manufactures and puts the market into the market. The San Ramon, California-based company's products are primarily designed to solve visual challenges such as astigmatism, presbyopia and dry eyes. Companies worth more than $10 billion are usually classified as “large caps”, COOs are perfectly suited to labels, market caps exceed this threshold, highlighting their size, influence and advantage in the medical device and supply industries. With a strong global presence in over 100 countries, the company benefits from…
Lee Health is launching a lawsuit to make children's health care accessible in the Gulf Coast, particularly in the counties of Lee and Collier. The Miami-based children's hospital is said to be running through the Golisano centre, leaving the county of the collitino county, colly, on Pine Ridge Road and Livingston Road, to remove Lee Health from the Golisano pediatric health center in Naples, on the corner of Grizano Road, on Grizano Road, at the corner of Grizano Road, on Grizano Road, leaving Livitton Road. The threat of termination of the lease by Friday, April 4th is said to have…