By Robert J. Kerwin It was four years ago that Britain’s then-prime minister, David Cameron, set a referendum on the U.K.’s continued membership in the European Union. In June 2016, the citizens of the U.K. voted to leave the EU. In January 2020, the U.K. officially withdrew, and since that time the EU and the [...]
With healthcare costs continuing to rise, affordable and accurate imaging and diagnosis achieved through ultrasound will continue to attract patients, according to a new market report from Fact.MR. The report on the global market for ultrasound systems projects steady growth for the market from 2017 to 2022, from a value of $6 billion in 2017 [...]
In a recent speech, Richard Pollack, President and CEO of the American Hospital Association noted that new entrants into the healthcare sector, such as Amazon, Apple and Google, are poised to serve as “disruptors” in the industry. “We are seeing historic—if not unprecedented—change across the entire healthcare landscape,” Pollack told an AHA forum in Washington. “There’s no [...]
Survey: Healthcare executives spotlight the sweeping policy changes they see coming for the industry
Hooper, Lundy & Bookman, PC, a healthcare law firm, polled more than 220 healthcare executives from across the spectrum and found 74% believe significant policy change is either very likely or somewhat likely in the next two years. Read more here.
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, [...]
Goldman Sachs Group Inc., Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., and Morgan Stanley are all working with GE on the planned listing… Read more here.
The FDA has announced a public workshop on medical device servicing and remanufacturing, which will occur on December 10-11 in Washington, D.C. A guidance will likely be forthcoming after the workshop is completed and docket comments have been reviewed. Read more here.
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 [...]
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 [...]
If you're wondering why sometimes medical imaging devices aren't being funded, this looks like a possible reason. Hospitals spent nearly $25 billion globally on electronic health records in 2017 and that is projected to increase to $33 billion by 2023 but signs are also emerging EHR spending is starting to slow down, according to a [...]