What You Should Know:
- The US healthcare industry, after weathering a storm of inflation, labor shortages, and lingering COVID-19 impacts in 2023, is now showing signs of a promising rebound, according to a new report by McKinsey & Company.
- The McKinsey report predicts accelerated transformation efforts and strategic shifts will unlock new growth opportunities in key segments, while others face continued challenges. Let's delve into the projected trajectory of different healthcare
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13 Potential Blockbuster Drugs and Gamechangers to Watch in 2024
What You Should Know:
- Clarivate Plc, a provider of trusted information and insights, today unveiled its highly anticipated 2024 Drugs to Watch report, shining a spotlight on 13 cutting-edge therapeutics poised to revolutionize healthcare in the coming year.
- These promising drugs span a diverse range of conditions, from debilitating diseases like sickle cell anemia and multiple myeloma to common ailments like chronic obstructive pulmonary disease (COPD) and age-related macular
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Harris Buys Medstreaming: Streamlining Workflow for Vascular and Cardiac Care
What You Should Know:
- Harris, a global leader in vertical market software, has acquired the Medstreaming software suite from Fivos. Financial details of the acquisition were not disclosed.
- The acquisition of Medstreaming by Harris signifies a positive step towards streamlined, efficient, and ultimately, improved cardiovascular and vascular care. By giving healthcare providers the tools they need to focus on what matters most – their patients – this innovative software promises a
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Blockchain Technology in Healthcare Market to Reach $750B by 2033
What You Should Know:
- The healthcare industry is poised for a seismic shift, powered by a disruptive technology: blockchain, according to the market.us, the Blockchain Technology in Healthcare Market report.
- This transformative ledger system is projected to propel the global Blockchain Technology in Healthcare Market to a staggering $750B by 2033, a 69.2% annual growth rate compared to its $3.9B valuation in 2023.
Unleashing the Power of Healthcare Blockchain
Imagine a healthcare
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Artisight’s AI-Powered Smart Hospital Platform Soars with $42M
What You Should Know:
- Artisight, Inc., a pioneer in AI-Driven smart hospital technology, announced today that it has raised $42M in an oversubscribed Series B funding round.
- The Series B funding will allow Artisight to double its headcount, fuel the development of new AI capabilities, and solidify its position as the leading smart hospital platform.
Smart Hospital Platform: Revolutionizing Care Through AI and Collaboration
Developed by clinicians for clinicians, Artisight's
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St. Joseph’s/Candler Hospital Pioneers Hospital Foodservice with Amazon’s Just Walk Out Technology
What You Should Know:
- St. Joseph's/Candler Hospital and Morrison Healthcare are revolutionizing hospital food service with the first-ever implementation of Amazon's Just Walk Out technology in a healthcare facility.
- This groundbreaking move offers patients, visitors, and staff unprecedented convenience and 24/7 access to a variety of food and beverage options.
Frictionless Shopping Meets Employee Convenience
The Just Walk Out-enabled SmartBytes market operates seamlessly. Simply
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Rune Labs Scores $12M to Power Personalized Parkinson’s Care with AI
What You Should Know:
- Rune Labs, a precision neurology company, announced a strategic $12M funding round, bringing its total to over $42 million. The round was led by Nexus NeuroTech Ventures, a new brain disorder fund, with participation from existing investors.
- This strategic partnership marks a significant step forward in Rune Labs' mission to revolutionize Parkinson's disease care through personalized data and cutting-edge technology.
Transforming Parkinson's Care with Data and
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Labcorp & Hawthorne Effect Partner to Supercharge Decentralized Clinical Trials
What You Should Know:
- Labcorp, a global leader in innovative laboratory services, and Hawthorne Effect, Inc., a pioneer in technology-driven clinical trial solutions, have announced a groundbreaking partnership to revolutionize clinical trials with a focus on decentralization.
- This collaboration aims to unlock unprecedented levels of patient diversity, reduce site burden, and accelerate study timelines for pharmaceutical, biotech, and medical device sponsors.
Decentralization: The
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Commons Clinic Launches $100M Center to Disaggregate MSK Care from Hospitals
What You Should Know:
- Commons Clinic, a leading value-based physician group transforming musculoskeletal (MSK) care, today announced the launch of the Center for Spine Economics, Outcomes & Research (SEOR).
- This landmark initiative marks a $100M commitment over the next decade to revolutionize ambulatory spine care delivery, paving the way for more effective, affordable, and patient-centered treatment.
Spine Care in Crisis
Millions of Americans suffer from chronic back pain,
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Hospitals Show Signs of Recovery, But Growth Strategies Crucial for 2024 Success
What You Should Know:
- A glimmer of hope shines through for hospitals, according to November data from Kaufman Hall's National Hospital Flash Report points to ongoing stabilization and even growth.
- While the scars of the pandemic and economic challenges remain, key indicators suggest gradual recovery, with operating margins edging up and revenue streams climbing.
Margins on the Rise, Though Gap Between Performers Persists
The median calendar year-to-date operating margin index for
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