Capital Finance
Healthcare organizations have often been criticized for being slow to adapt to changes in the marketplace. A recent accelerator program spearheaded by Independence Blue Cross (IBC), Penn Medicine and DreamIt Ventures hopes to change that by backing 10 innovative healthcare startups. And while none of these startups are likely to revolutionize medicine, they do suggest that there are many entrepreneurs with promising solutions that may reduce the cost of care while maintaining its quality.
Health insurer Priority Health has announced it has contracted with Healthcare Blue Book to publish cost and quality information for more than 300 procedures by facility and physician for its insurance members in Michigan.
Healthcare sector merger and acquisition (M&A) activity is expected to increase in 2013 compared to last year, but will likely be smaller-sized deals as health systems continue to consolidate and bulk up to prepare for health reform.
Eye care company Bausch + Lomb is being purchased by one of Canada's largest pharmaceutical companies, Valeant Pharmaceuticals International, for $8.7 billion the two companies announced on Monday.
Panelists at the Wireless-Life Sciences Alliance's Convergence Summit say there is no ideal business plan for entrepreneurs wanting to get into the digital health space, but what is required is patience and knowing what consumers need.
The bidding war to purchase Saint John's Health Center in Santa Monica, Calif. ended last week when its current owner, Sisters of Charity of Leavenworth (SCL) Health System in Denver, announced it plans to sell the hospital to another Catholic chain, Providence Health & Services, located in southern California.
Venture capitalists invested $1.4 billion in 167 life sciences deals during the first quarter of 2013, a 14 percent drop in dollars and 16 percent slide in the number of deals, compared with last year’s first quarter.
A new index that gauges the financial and operational health of physician practices forecasts a downward trend in profitability for the year ahead.
Henry Ford Health System and Beaumont Health System announced Tuesday that after six months of due diligence the two organizations are not going forward with their merger that would have created a $6.4 billion organization.
When President Barack Obama released his fiscal year 2014 budget proposal in April, John Lozier, executive director of the National Health Care for the Homeless Council (NHCHC), became immediately concerned that not enough is being done at the federal level to resolve the on-going homelessness epidemic.