MedCity News

JULY 31, 2023

The average cost of a healthcare data breach is now $10.93 million in 2022, according to a new report. Healthcare has the highest data breach costs of all industries — breaches are second costliest in the financial sector, where the average cost is $5.9 million, up from $10.10 million.

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Healthcare Healthcare 246

MedCity News

DECEMBER 8, 2022

The volume of healthcare deals has increased in 2022, driven in large part by private equity, according to a new PwC report. But deal values have been declining, a trend that is expected to continue into 2023.

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Healthcare Healthcare 263

MedCity News

AUGUST 23, 2023

Employers’ healthcare costs are anticipated to rise by 8.5% increase that employers saw from 2022 to 2023. in 2024, according to Aon. The projected increase is nearly twice the 4.5% Inflation is a major factor for the increase.

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Healthcare Healthcare 246

MedCity News

NOVEMBER 22, 2022

Machine learning algorithms have reached a familiar milestone in the healthcare industry –in order for them to be more widely embraced by providers, different approaches to roadtesting and validating them are underway.

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Healthcare Healthcare 297

MedCity News

NOVEMBER 13, 2022

Big Tech companies like Amazon, Google and IBM can’t disrupt healthcare with the same approach they have used to enter other industries, HCA Healthcare CEO Sam Hazen said at HLTH 2022. He argued that technology companies won’t be able to infiltrate healthcare from afar.

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Healthcare Healthcare 246

MedCity News

AUGUST 2, 2023

In 2022, per Gallup, 38 percent of Americans (a record high) deferred healthcare because of cost. To tackle the issue of patients scaling back care because of cost concerns, we need solutions that address care costs from multiple angles. Here are three trends that should inform the development of such solutions.

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InCrowd

JANUARY 24, 2023

In November of 2022, InCrowd surveyed 500 US physicians to track burnout. In 2022, reports showed that physician burnout had risen to frightening levels. Down from 45% in 2021, only 30% of respondents in 2022 find their profession extremely rewarding. The] health system is hard to navigate and [has] too many admin hurdles.”

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MedCity News

DECEMBER 22, 2022

As we look out over the horizon to 2023, we would anticipate a rebound of investment in the digital health space but with a simultaneous and a continuing level of focused regulatory diligence as this complex landscape continues to evolve.

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Healthcare Healthcare 278

MedCity News

JANUARY 2, 2023

Financial analysts have said that 2022 may have been the worst year for hospital finances in decades. This year looks like it will be yet another year of financial underperformance, with rural providers in especially dire circumstances.

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Healthcare Healthcare 299

MedCity News

NOVEMBER 7, 2022

In an interview, the deputy director and chief innovation officer of Translational Research Institute for Space Health, headquartered at Baylor College of Medicine, described some of the group’s work, adapting known tech for space applications and using space-based insights to improve healthcare at home.

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MedCity News

OCTOBER 16, 2023

Called Microsoft Fabric, which was rolled out broadly in May, the announcement on October 10 marks the availability of Fabric’s capabilities specifically for the healthcare vertical – to clinicians, administrators but perhaps, most importantly, to patients.

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MedCity News

OCTOBER 13, 2022

In response to emailed questions, Alicia Jackson talked about her healthcare background and how the healthcare startup is responding to a shifting legal landscape for women’s health following the overturning of Roe v. Wade by the U.S. Supreme Court. .

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Healthcare Healthcare 306

MedCity News

NOVEMBER 22, 2022

At the 5th annual HLTH conference in Las Vegas, 14 healthcare executives from companies such as Babson Diagnostics to Wheel responded to questions such as what’s the difference between a positive and negative user experience in telehealth? They also previewed their plans for 2023.

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Healthcare Healthcare Medical 296

MedCity News

FEBRUARY 2, 2023

New York healthcare startups received $3.9 billion of funding in 2022, compared to $9 billion in 2021, according to a new DHNY report. Biotech startups represented 22% of total funding in 2022, a stark difference from women’s health only representing 2%.

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Healthcare Healthcare 317

World of DTC Marketing

DECEMBER 20, 2021

Why haven’t more employers addressed the rising costs of employee healthcare with value-based care? This has to be upsetting to employers experiencing riding employee healthcare costs. The answer may be in offering a value-based healthcare model. Prescription drugs costs are just a small part of healthcare costs (11%).

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Healthcare Healthcare Insurance Prescription 209

MedCity News

SEPTEMBER 13, 2023

Healthcare IT companies raised $1 billion in venture capital in Q2 — down slightly from the $1.3 million raised in Q4 2022. billion raised in Q1 but up significantly from the $451.3 Unsurprisingly, a lot of these investments were made in companies offering generative AI products.

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MedCity News

JULY 13, 2022

Skyrocketing medical bills and a lack of understanding in the healthcare system is putting financial stress on Americans in 2022, several recent reports have found.

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MedCity News

JULY 2, 2023

New research predicts that healthcare costs will increase by 7% next year. The estimate is higher than the projected medical cost trends in 2022 and 2023 — which were 5.5% and 6.0%, respectively.

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Medical Healthcare Healthcare 298

MedCity News

AUGUST 21, 2022

employers is more than double the 3% increase employers experienced in 2022, the report said. increase in average costs for U.S. However, the increase is below the 9.1% increase in the Consumer Price Index.

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Healthcare Healthcare 264

MedCity News

DECEMBER 19, 2022

Whether it was Amazon’s buy of One Medical or CVS Health’s acquisition of Signify Health, retailers made waves in healthcare this year. Across all of the deals, it’s clear that expanding access to medical services is the key goal, experts said. And this is only the beginning.

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MedCity News

JUNE 1, 2023

Initially applied to a narrow definition of electronic health information, in October 2022 ONC expanded the scope of the rule to cover all clinical records used to make clinical decisions, including imaging scans, lab test results, and unstructured clinical notes. The message here is clear: Patients need to know what they’re paying for.

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MedCity News

JUNE 18, 2024

Ransomware group Black Basta has quickly gained prominence as one of the biggest threats to healthcare providers’ cybersecurity. The group, which is responsible for the Ascension cyberattack, has hit more than 500 organizations across the globe since it first appeared in April 2022.

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Healthcare Provider Healthcare Healthcare 305

MedCity News

OCTOBER 4, 2022

From July 2021 to July 2022, 1,216 prescription drugs saw price increases that soared past the inflation rate of 8.5% Another reported that in 2021, the American healthcare system spent $603 billion on prescription drugs, of which $421 billion was spent on retail drugs. for that time period, one HHS report showed.

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MedCity News

NOVEMBER 13, 2022

What does this mean for healthcare investment in 2023? This year was marked by a marked rise in health tech layoffs, reduced health tech investment and the continued rise of retail health.

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Healthcare Healthcare Retail 246

MedCity News

JULY 6, 2022

A new set of 5 CMS codes introduced for 2022, RTM allows physical therapists and other qualified healthcare professionals to bill for monitoring and managing a patient’s MSK care plan remotely.

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Management Healthcare Healthcare 289

Pharmaceutical Technology

DECEMBER 27, 2022

The healthcare industry saw its share of ups and downs in 2022. Our response to the worldwide pandemic evolved over time, and so did the needs of the sector and the people relying on healthcare companies to deliver solutions. Tracking the diversity push. Tracking the latest trends.

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MedCity News

OCTOBER 6, 2022

HLTH 2022 will include compelling discussions across eight stages from the state of women’s health, sleep tech, healthcare CEOs’ perspectives on collaboration partners, the mind-body connection in health, investment trends, and more. Register today!

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Healthcare Healthcare 244

MedCity News

JULY 1, 2022

are behind on their 2022 revenue goals, and healthcare executives are worried about increasing costs, shrinking margins and the impending recession, according to a new report. Nearly half of health systems and physician groups in the U.S.

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pharmaphorum

OCTOBER 20, 2022

When it comes to knowing what’s currently what in digital transformation, be sure to stay tuned and not miss out on coverage of Day Two of Frontiers Health 2022, brought to you LIVE from Milan! The post Frontiers Health 2022 – day 2 appeared first on. Click here or the image below to read Frontiers Health Day 1 coverage.

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pharmaphorum

NOVEMBER 15, 2022

Then we’ll hear from Aptar Digital Health’s Sai Shankar and Pierre Laurent in a session all about patients as partners in healthcare. A highlight of the afternoon should be hearing from two major healthcare leaders at Amazon: VP of Health Aaron Martin and Chief Medical Officer Nworah Ayogu.

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Fierce Pharma

NOVEMBER 10, 2022

Changes in Healthcare With Lindsay Reardon and Aaron Nahas. Thu, 11/10/2022 - 16:06.

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Healthcare Healthcare 130

PM360

JUNE 28, 2022

The Creative Floor Healthcare Awards has announced this year’s finalists. The finalist companies include: Shaheed Peera, Founder of the Creative Floor Healthcare Awards said: “From the bottom of my heart and everyone at The Creative Floor, thank you to everyone who supports this amazing award show. Entries have come from the U.S.,

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Healthcare Healthcare 116

Fierce Pharma

MAY 16, 2024

Right on the heels of a similar move by Johnson & Johnson, GSK is offloading the rest of its stake in the consumer healthcare business it spun out back in 2022. | GSK plans to sell its remaining holding in consumer healthcare spinoff Haleon, the British drugmaker said Thursday.

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Healthcare Healthcare 198

Impetus Digital

OCTOBER 29, 2024

It is easy to assume that healthcare providers (HCPs) all want to go back to in-person meetings after having been confined to Zoom and Microsoft Teams meetings during the pandemic years. A version of this article was previously published on PharmaPhorum. appeared first on Impetus Digital.

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MedCity News

JUNE 16, 2023

The consensus is 2022 was a challenging year for digital health companies. billion in 2022 — down 56% from $40.2 billion in 2022 — down 56% from $40.2 Rather, 2022 represents an overdue correction in the midst of global economic uncertainty after a period of overexuberance and lofty expectations in digital health.

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LEVO Health

JANUARY 10, 2025

In an increasingly digital healthcare landscape, keeping patients engaged has become a top priority for providers. One emerging strategy thats proving effective is gamification in healthcare. But how does gamification work in healthcare, and what are its benefits? It transforms how healthcare is delivered and experienced.

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European Pharmaceutical Review

JANUARY 16, 2023

This Q&A covers the key developments in pharmaceutical microbiology in 2022, featuring insight from pharmaceutical microbiology experts: Dr Tim Sandle, Head of Microbiology, Bio Products Laboratory Limited. Regulation, particularly Annex 1, was identified as a key focus for 2022.

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