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Philips kicks off new year with realigned business segments

When speaking about the growth of the Image-Guided Therapy businesses, Frans van Houten, CEO of Royal Philips, said in a statement. “To strengthen our leadership in this fast-growing market, we have significantly invested in our R&D programs, which resulted in the launch of the very successful Azurion next-generation image-guided therapy platform, and the acquisitions of Volcano, [...]

By |2019-01-17T12:38:09+00:00January 17th, 2019|Business|0 Comments

Cybersecurity–How To Stop (Or Slow) Hackers

The healthcare seems less concerned about hackers and more about achieving the tenets of value-based medicine. Its focus on improving patient experience and reducing cost has pushed cybersecurity down the list of spending priorities when it should be rising.  The healthcare industry must be prepared for hack attacks, cybersecurity experts agree. The very essence of value-based [...]

By |2018-10-11T13:24:23+00:00October 11th, 2018|Business|0 Comments

 GE replaces Flannery as CEO, names former Danaher chief to role

GE also announced it "will fall short of previously indicated guidance for free cash flow and (earnings per share) for 2018," and expects to take a non-cash goodwill impairment charge related to the GE Power business. GE Power’s current goodwill balance is approximately $23 billion and the goodwill impairment charge is likely to constitute substantially [...]

By |2018-10-01T14:01:56+00:00October 1st, 2018|Business|0 Comments

U.S. Hospitals Shut at 30-A-Year Pace, With No End in Sight

Industry M&A may be no savior as the pace of hospital closures, particularly in hard-to-reach rural areas, seems poised to accelerate. Hospitals have been closing at a rate of about 30 a year, according to the American Hospital Association, and patients living far from major cities may be left with even fewer hospital choices as insurers [...]

By |2018-08-22T14:15:46+00:00August 22nd, 2018|Business|0 Comments
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