Debunking Healthcare’s Recession-Proof Reputation – MedCity News

Debunking Healthcare’s Recession-Proof Reputation – MedCity News

Historically, the healthcare industry has had a reputation of countercyclicality. The idea here is that people are always going to need healthcare services and products, so the sector is less vulnerable to the effects of a greater economic downturn than other industries may be. But in the wake of the pandemic and the midst of … Read more

Employers’ Healthcare Costs Expected To Rise 8.5% in 2024

Employers’ Healthcare Costs Expected To Rise 8.5% in 2024

U.S employers’ healthcare costs will reach more than $15,000 per employee in 2024, representing an 8.5% increase from 2023, according to a new report. The Aon report, published Tuesday, analyzed healthcare costs for more than 800 U.S. employers representing 5.6 million employees. The projected 2024 increase is nearly twice the 4.5% increase that employers saw … Read more

Here Are 8 Trends for Large Employers

Here Are 8 Trends for Large Employers

Employers are facing a changing landscape when it comes to healthcare, whether it’s in regards to mental health concerns for their employees, cancer driving up health costs or the increase in prescription drug prices. To understand employers’ key concerns and their strategies to address these concerns, the Business Group on Health surveyed 152 large, self-insured … Read more

What Providers Need to Know About Fighting the Nursing Shortage Through Tech

What Providers Need to Know About Fighting the Nursing Shortage Through Tech

About 100,000 nurses left their jobs in the past two years, and another 610,388 are likely to leave the profession by 2027. This nursing shortage leaves those who are still working in the profession with insufficient capacity to handle patient needs, leading to high levels of burnout and emotional strain that end up driving even … Read more

Healthcare AI Trends to Watch: M&A Exits & Generative AI Use Cases

Healthcare AI Trends to Watch: M&A Exits & Generative AI Use Cases

Artificial intelligence certainly isn’t new to the digital health field, but the sector seems to be in the midst of a new hype cycle. This one is focused on novel technologies like large language models and other forms of generative AI, said Alex Lennox-Miller, lead analyst at CB Insights, during a Thursday webinar. The healthcare … Read more

Progyny Dips Into Menopause Support

Progyny Dips Into Menopause Support

Just about every woman goes through menopause in their life. Yet, less than one in five OB/GYNs receive formal training in menopause care, creating a massive gap in support. Progyny hopes to fill this gap by launching a menopause offering for employers. The New York City-based benefits management company has traditionally specialized in fertility and … Read more

Emergency Dialysis: A Crutch for Fee-For-Service Healthcare

Emergency Dialysis: A Crutch for Fee-For-Service Healthcare

Of the roughly 780,000 Americans who live with end-stage kidney disease, 71% are on some form of dialysis. Dialysis can provide an effective life-sustaining treatment for many with kidney failure, but it is not the best option for most. First, there’s the commute to a nephrology clinic or dialysis center, which for patients in rural … Read more

Newly Public Allurion Aims to Show How Med Tech Can Complement Obesity Drugs

Newly Public Allurion Aims to Show How Med Tech Can Complement Obesity Drugs

The market is buzzing with demand for obesity pills, but Allurion Technologies is building a case that its weight loss platform—a medical device and software—is a worthy competitor to these drugs and perhaps even a companion to them. The company made debuted on the stock market debut Wednesday, raising $100 million to support commercialization of … Read more

3 Trends Impacting How Patients Pay For Healthcare

3 Trends Impacting How Patients Pay For Healthcare

Hospitals, and especially nonprofit hospitals, have a duty of care to their communities, but their ability to provide that care hinges on their ability to generate revenue – chiefly in the form of patient and insurer payments. But that model is growing more difficult as the commercially insured population ages into Medicare and those with employer-sponsored … Read more

AI improves breast cancer detection rate by 20 percent – POLITICO

AI improves breast cancer detection rate by 20 percent – POLITICO

Artificial intelligence is able to accurately detect 20 percent more breast cancers from mammograms than traditional screening by radiologists, according to early results from a Swedish trial published overnight. The study is the first randomized controlled trial to look at using AI in breast cancer screening and comes amid a dramatically shifting landscape for the … Read more