Tracy Curley, CFO and interim CEO at iSpecimen Focusing on the macroeconomic environment, which remains impacted by the lingering COVID-19 pandemic, there continues to be uncertainty about the strength of the global, Asia Pacific, UK and US economies. High-interest rates and a potential recession remain a concern for all market participants. At ISPC, we are closely monitoring the pace of specimen transactions. We believe that this industry can be resilient through a continued economic
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2022 Healthcare Investment, M&A, IPO Market Trends/Insights
What You Should Know: - The latest edition of SVB's Healthcare Investments and Exits report provides information on VC fundraising, investments and M&A and IPO trends - along with subsector analysis and video commentary for each. - Healthcare trends indicate US healthcare VC investment was healthy in 2022 despite an economic downturn. There's plenty of dry powder to deploy; however, investments and exits are slowing due to the volatile market. Trends and Insights – Healthcare
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7 Buy-Side Considerations for Healthcare M&A in 2023
The shift to value-based care and an abundance of cash in the market are some of the drivers impacting healthcare mergers and acquisitions. These and other trends have been strong over the past few months and are expected to continue, impacting transaction planning for buyers. If you are considering acquiring a healthcare business in 2023, here are seven things you need to know. 1. Value-based care is becoming a key driver in healthcare M&A Value-based care
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Why The Future of Lateral Flow Testing is Digital
Lateral flow immunoassay tests (or LFTs, for short) have been in use for decades, becoming an indispensable tool within diagnostics’ (Dx) practice, as well as a growing range of applications outside healthcare. LFT's capacity for delivering fast turnaround—rapid detection in less than 20 minutes—from sample to result has made LFTs central to the shift moving triage and primary care closer to the patient at point-of-care (POC) and point-of-need (PON). Being intuitive for the user,
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PwC’s Health Services 2023 Deals Outlook – Volume Remains Resilient Against Headwinds
What You Should Know: - While megadeals, trading multiples and overall deal values in the health services sector have not been immune to interest rate hikes and recessionary fears, PwC’s 2023 Health Services Deals Outlook report released recently forecasts a strong year ahead. - Increasing transaction volumes and players embracing value-based care—coupled with large levels of corporate cash and private equity dry powder—are leading to continued expansion for deal volumes in 2023. Trends
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Driving Healthcare Operational Efficiency with IoT Sensing as a Service
Amid widespread staffing shortages across the healthcare sector, the need for IoT-enabled digital transformation in hospitals and patient care facilities is increasingly clear. For the first time since 2004, a lack of staffing has overtaken financial volatility as the No. 1 concern among healthcare CEOs in the American College of Healthcare Executives’ annual survey. Meanwhile, from canceled appointments to delayed surgeries, more than half of all U.S. patients report reductions in care quality
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Rock Health Reveals 4 2022 Digital Health M&A Trends to Watch
What You Should Know: - The choppy waters of this year’s market have forced a significant slowdown in digital health investment, but buyers and builders alike are seizing the moment to consider mergers and acquisitions (M&A) as strategic opportunities. - In their latest report, Rock Health explores the sell-side and buy-side dynamics that are making conditions ripe for M&A activity and dig into four M&A approaches being pursued by acquirers in this market moment. Key
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Walgreens-Backed VillageMD to Acquire Summit Health for $9B
What You Should Know: Primary care provider, VillageMD has entered a definitive agreement to acquire Summit Health-CityMD, a provider of primary, specialty and urgent care in a blockbuster M&A deal valued at $8.9 billion with investments from Walgreens Boots Alliance (WBA). The combined company will create a multi-payor platform to deliver quality, affordable care for all patients and will enhance WBA’s robust portfolio of leading, integrated healthcare offerings across the care
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7 Health IT Industry Outlook Report Trends to Watch in 2022
What You Should Know: - As COVID-19 accelerated demand for more advanced digital health and patient engagement technologies, hospital and health system IT departments shouldered these expectations – rolling out new capabilities in record time, while still balancing daily operational support responsibilities. Now, IT staff burnout has escalated into major career jumps, with many hospital IT departments struggling to fill talent gaps from high turnover. - Utilizing flexible staffing
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Health-Tech C2Q:22 Preview: 5 Key Driving Factors to Watch
What You Should Know: - David Larsen, healthcare IT and digital health analyst at BTIG published a note highlighting his preview for health-tech Q2 earnings. - Given high inflation rates, costs for traveling nurses, and light volumes in 2Q:22, he is cautious on stocks that sell into the acute care market in the near term. An Overview According to the report, there are many macro headwinds that continue to affect the HCIT sector and the broader market, including inflationary pricing
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