This article is part of Bain’s 2025 Global Healthcare Private Equity Report. Global healthcare private equity (PE) soared in 2024 to an estimated $115 billion, reaching the second-highest deal value total on record. This surge was propelled by an increase in the number of large deals. In total, five transactions exceeded $5 billion, compared with two deals in 2023 and one in 2022. However, this number would likely be higher if terms were disclosed on the recent addition of new investors Mubadala, Norwest, and HarbourVest to Bain Capital and Parthenon Capital’s portfolio company, Zelis. North America…
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Dublin, Jan. 09, 2025 (GLOBE NEWSWIRE) — The “Smart Pills Market Forecast 2024-2032” report has been added to ResearchAndMarkets.com’s offering.The global smart pills market was valued at USD 1.07 billion in 2023. The market is projected to grow at a robust CAGR of 16.2% during the forecast period of 2024-2032, reaching approximately USD 4.13 billion by 2032. This growth is driven by the increasing prevalence of chronic conditions such as gastrointestinal disorders and the rising global incidence of addiction, which are contributing to the growing demand for innovative diagnostic and treatment solutions offered by smart pills. Some of the major…
MILWAUKEE — A local technology startup has developed a way to streamline health care in developing countries.More than a decade ago, Codebaby founder Norrie Daroga envisioned using avatars to bridge the communication and information gap.Ms. Daroga partnered with Father Bill Johnson, who has been traveling to the Dominican Republic for the past 25 years. He knows firsthand how little access to health care can be for local residents, who must travel miles through rugged terrain to receive treatment.Video: Local 'startups' impacting the healthcare industry Local “startups” impacting the healthcare industry To deal with this health crisis, Father Bill is piloting…
Monday, June 26, 2023, in Temple Hills, Maryland, for a medical bill. Jacqueline Martin/AP Hide caption toggle caption Jacqueline Martin/Associated Press The Consumer Financial Protection Bureau announced Tuesday that it will give millions of Americans a fresh start by removing medical debt from their credit reports. About 15 million Americans will have an estimated $49 million in medical expenses removed from their credit reports, the agency said. The CFPB's new rules prohibit credit agencies from listing medical debt on credit reports and prohibit lenders from using medical information against borrowers seeking loans. This is a further step forward from a…
Northeast Georgia Health System and Longstreet Clinic are now working toward what officials are calling a “more formal collaboration structure” following an agreement announced this week. NGHS officials said Longstreet has signed a letter of intent to pursue a more formal structure, deepening the ties between the two providers, who have collaborated at some level since Longstreet opened its doors more than 30 years ago. It is said that “NGHS and Longstreet Clinic have a rich tradition of providing care throughout our region for generations. Beyond geography and patients, we are committed to quality, emphasis on safety, , we share…
Listen to the article 19 min This audio is auto-generated. Please let us know if you have feedback. Health insurers had a tumultuous 2024. The industry was buffeted by sweeping policy changes that pressured reimbursement, while higher medical utilization drove costs up. And by year’s end, payers found themselves engulfed in a firestorm of public anger over controversial business practices. The challenges slammed insurers’ value on Wall Street. Stocks in managed care companies significantly underperformed the rest of the market last year, falling about 13% compared to 23% growth for the S&P 500. But things are looking up for payers…
The 2024 “winners” of the Shkreli Award, which is given annually to the most egregious perpetrators of profiteering and dysfunction within the medical industry, have been announced by the Rown Institute, an independent medical think tank.Winners are selected by a committee of health policy experts, clinicians, journalists, and advocates. The award is named after Martin Shkreli, the notorious “pharmaceutical bro” who gained international notoriety for raising the price of the life-saving anti-parasitic drug Daraprim by 50 times.“All these stories paint a picture of a healthcare industry that is in dire need of transformation. 2024 is where healthcare practices take center…
vendor management Managing third-party vendors should also be part of a healthcare organization's overall cybersecurity strategy, Rapple added. She points out that while growth requires leveraging the services of vendors, those partnerships come with their own risks. “The impact of risk is magnified as we rely on third-party services to protect our data,” she says. “That's why we conduct independent third-party audits. We understand what their application development process is like, where their data is stored and how it's protected. I need it.” Results of modernizing applications required in medical care Healthcare IT teams must keep usability in mind when…
DUBLIN, Jan. 7, 2025 (Globe Newswire) — The “High Pressure Balloon Catheters Market by Type, Material, Application, End User, and Region” report has been added to ResearchAndMarkets.com's offering . This comprehensive research report focuses on global and regional market size and forecast from 2024 to 2035.The global high-pressure balloon catheter market is estimated at USD 3.07 billion in 2024 and is expected to reach USD 7.87 billion by 2035, at a CAGR of 8.93 during the forecast period 2025-2035. %is. This market is expected to increase due to a number of factors, including the rising prevalence of peripheral arterial and…
Federal wage and hour authorities have trained health care employers in the southeastern United States to be on the lookout, and this oversight is expected to continue into the new year. Last year alone, the Department of Labor's Wage and Hour Division conducted nearly 400 investigations and recovered more than $4.1 million in unpaid wages and liquidated damages for more than 2,000 long-term care workers across the Southeast. What steps can be taken to ensure that such issues are avoided and wage and hour compliance is maintained in 2025? simple background The Wage and Hour Division continues to focus its…