What You Should Know:
– AssistIQ, an AI company utilizing computer vision to revolutionize how hospitals manage surgical and procedural supply chains secures $11.5M in Series A funding round led by Battery Ventures, with participation…
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Within hours of a cyber incident that disrupted some of its services, Ohio-based Kettering Health said fraudsters were calling its patients and requesting credit card payments for medical expenses.WHY IT MATTERS
A network cyber attack…
Revenue cycle management software vendors are increasingly turning to artificial intelligence to give health systems of all sizes, from regional systems like West Tennessee Healthcare, multi-state health systems like AdventHealth and giants like the…
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What You Should Know:
– U.S. hospitals nationwide experienced increases across most metrics—including revenues, patient volumes, and expenses—to close the first quarter of 2025. However, operating margins for health systems dipped below the 1% threshold…
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Meghan May, Senior Manager of Client Success, TES, at Homecare Homebase
Healthcare providers are heading into another year where financial uncertainty remains a top concern. While many for-profit and nonprofit organizations reported improved margins in…
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Stuart Long, CEO, InfoBionic.Ai
Cardiovascular disease (CVD) is a leading cause of death and a growing financial strain on the U.S. healthcare system, costing an estimated $252.2 billion annually. With one in every eight healthcare…
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Hospital Volume Growth Drives Revenue Increase
January 2025 marked a period of stability for hospital finances nationwide, according to Kaufman Hall’s latest “National Hospital Flash Report.” The analysis reveals that increased service volumes have successfully…
What You Should Know:
– KODE Health, a leading provider of on-demand medical coding solutions, today announced a $27M in Series B funding round led by Noro-Moseley Partners with participation from Mercury, FCA Venture Partners,…
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Key M&A Trends in 2024
72 hospitals involved in M&A deals
45 organizations participated in divestitures
30.6% of transactions involved financially distressed organizations
Average seller revenue reached $401 million
Hospital Financial Performance
Operating margin index at 4.6% in November 2024
Declining…
What You Should Know:
– Centivo, a pioneering healthcare company committed to making quality healthcare radically affordable, is thrilled to announce the launch of Centivo Care, a virtual primary care practice seamlessly integrated into Centivo-administered health…
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