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Private Equity Likely to Grow in Orthopedics
Orthopedics is one of the fastest growing segments of the healthcare industry, generating more than 137 million annual patient visits and $110 billion in revenue, driven largely by a growing—and aging— population.
Recharge Capital Launches $200M Women’s Healthcare Investment Holdings Co.
Investors including Thiel Capital, the Olayan Group, Blue Lion Group, The Al Rashid Family of the Salmira Investment Fund, Shamrock Holdings of the Disney Family, the Ozmen Family of the Sierra Nevada Corporation, Ian Osborne of Hedosophia, Frank Liu of Texas-based Lovett, and others.
Harvard Pilgrim Healthcare Sued for April Data Breach
Multiple lawsuits accuse Harvard Pilgrim Health Care and its parent company Point32Health of "willful failure" to uphold their responsibilities to protect personally identifiable information and protected health information.
Trinity Health Sued for Data Breach
Trinity Health, based in Livonia, Mich., is facing a class-action lawsuit for a March data breach that compromised the protected health information of 21,000 patients.
Exeter Health Resources, Beth Israel Lahey Health and NH Attorney General’s Office Agree to Terms Allowing Exeter to Join BILH
The Charitable Trust Unit and the Consumer Protection and Antitrust Unit of the New Hampshire Attorney General’s Office have allowed the transaction to proceed.
Altaris Seeks at Least $3B for Sixth Healthcare Fund
The news comes from public documents from Connecticut Retirement Plans and Trust Funds.
Home Health Spending Projected To Hit $141.5B In 2023, Accelerate Through 2031
That’s according to new estimates from the Office of the Actuary at the Centers for Medicare & Medicaid Services.
US Health Spending to Top $7.2T by 2031
From 2022 through 2031, health spending is anticipated to grow 5.4 percent a year on average.
Billions Spent on in-Office Healthcare Could Shift to the Home by 2025, and These Companies Could Benefit
McKinsey estimates that up to $265 billion worth of services provided to Medicare fee-for-services and Medicare Advantage beneficiaries could move from medical offices and hospitals to the home by 2025.
Medicare Advantage Overpayments Could Exceed $75B This Year, Study Finds
That’s a result of favorable selection, as millions of beneficiaries who switch from traditional fee-for-service Medicare to MA have lower spending than the beneficiaries who stay, researchers said.