At the end of December 2020, Philips announced the planned acquisition of BioTelemetry for $2.8 billion in cash.
- BioTelemetry was formed in 2013 after a series of acquisitions from the initial founding company CardioNet, Inc.
- CardioNet, Inc. based in San Diego, USA was initially founded in 1994.
- After a multitude of acquisitions in recent years, BioTelemetry has established itself as a leading cardiac powerhouse, specializing in mobile and wireless medical technology. After this
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SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman
What You Should Know:
- Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.
Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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The Combination of 5G and AI Will Transform Healthcare in 2021
Not many will disagree that the global pandemic has accelerated the use of technology in healthcare. With a healthcare system stressed to a breaking point, medical professionals have had to prioritize critical cases and increasingly turn to technology tools such as telemedicine and remote patient monitoring to manage the needs of their non-COVID patients.
As we begin to look beyond the pandemic, we will not only have the lessons of this time but improved tools to support the delivery of
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Why CMS Will Lead the 2021 Kidney Care Revolution
After an unprecedented year, kidney care providers, including nephrologists, dialysis facilities, and care extenders are expecting 2021 to follow suit. We will see an overhaul in reimbursement and major industry shifts, partly led by CMS, that will require providers to advance their capabilities in a way that will usher in more widespread innovation. These new models encourage a shift in treatment approach that will deliver earlier interventions and better outcomes.
The following are
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021.
Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare
Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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42 Recently Launched COVID-19 Vaccine Management Solutions to Know
An in-depth look at twelve recently released COVID-19 vaccine management solutions as COVID-19 vaccines are being distributed nationwide.
1. Microsoft
Microsoft
launches a COVID-19 vaccine management platform with partners Accenture and
Avanade, EY, and Mazik Global to help government and healthcare customers
provide fair and equitable vaccine distribution, administration, and monitoring
of vaccine delivery.
Microsoft Consulting Services (MCS) has deployed over 230 emergency COVID-19
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Will Nanox Disrupt The X-Ray Systems Market?
With its share price falling from more than $66 to less than $24, September was a tumultuous month for Nanox.
On August 25th, the medical imaging start-up closed its initial public offering, having raised $190m from the sale of 10,555,556 ordinary shares at a price of $18 each. Money poured in as investors were sold on Nanox’s cold cathode x-ray source and the subsequent reduction in costs that it would enable, as well as the vendor’s pay-per-scan pricing model that would let the company
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18 Healthcare Augmented Reality and Virtual Reality Companies to Watch
Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry.
Defining Augmented Reality
Augmented
reality is a technology that blends real-world elements with virtual ones. For
example, a person might visit a trade show and aim their smartphone at a
display to activate an AR experience that allows them to see
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The Top 9 Most In-Demand Medical Jobs
Anyone who is looking for job security in the coming years has to look no further than the medical field. As the American population lives longer and the Baby Boomer generation ages the need for medical treatments and disease prevention is growing. The healthcare industry has been a huge economic driver in recent years, and this year hospital jobs grew more rapidly than any other time since 1991.
Another important caveat is the fact that now 89% of people in the U.S. have health insurance.
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