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Industry Trends
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‘The Era of Growth at All Costs Is Over’: Discovery, LifeStance, Summit BHC Reset M&A Strategies
Today, behavioral health providers are prioritizing targeted de novo gains and keeping their balance sheets cash-flow positive.
October 18, 2023
1 Year After Atlanta Medical Center’s Closure: Where Things Stand
A moratorium restricting new development at AMC's former site is currently in place, and Atlanta Mayor Andre Dickens has indicated he will renew the development ban for another six months, which prevents Wellstar from selling or redeveloping the land.
October 17, 2023
Mayo to Close Minnesota Clinic
Ridgeview had been leasing the space from Rochester, MN-based Mayo Clinic since 2018. After a non-renewable lease expired Aug. 31, both parties agreed to a Dec. 12 departure date.
October 17, 2023
Health Tech Industry Observers: DTC is no Longer DOA
The shift in tune comes as rising health care costs see patients, particularly women, become more active health care purchasers.
October 17, 2023
How Health Systems & Private Equity-Backed Platforms Can Fuel Mutual Growth
In the U.S., where healthcare represents about 20 percent of the economy, a proportional amount of PE is allocated to healthcare investments, representing about $500 billion.
October 17, 2023
Celebrities Lean into Digital Health Investments
High-profile athletes and other celebrities are investing in, and sometimes helping run, digital health care companies.
October 16, 2023
Uncompensated Care Hammering Finances of Essential Hospitals
Overall, these hospitals had an average operating margin of -8.6%, compared with -1.4% for all other hospitals, based on Medicare cost report data.
October 16, 2023
Ransomware Group Steals 5TB of Sensitive Data From Illinois Hospital
The Black Cat/AlphV ransomware group has claimed to have leaked patients' and employees' information from Morrison (IL) Community Hospital.
October 16, 2023
Hospital Mergers Continue Upward Trend in 3Q
In the third quarter, there were 18 announced hospital mergers, according to a report from healthcare consulting company Kaufman Hall. By comparison, there were 10 deals in the third quarter of 2022.
October 16, 2023
Dermatology Association of Radiation Therapy (DART) Launches to Serve Healthcare Professionals & Promote Interests of Patients with Skin Cancer
DART members will include physicians; radiation therapists and physicists; academicians, including scientists, educators and researchers focused on radiation therapy; and medical residents and students actively pursuing careers in dermatology and radiation therapy.
October 13, 2023