About 90% of healthcare organizations are insecurely connected to the internet and running systems vulnerable to exploitation by ransomware gangs, according to new research. It also found that 78% of providers have made ransomware payments of $500,000 or more.
The Trump administration recently cancelled billions of dollars in funding to the NIH. Healthcare experts say the funding cuts will delay the pace of medical research in the U.S. — which will not only hamper the commercialization of life-saving treatments, but could also hurt the country’s position as a global leader in healthcare and technology.
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A month before 23andMe’s bankruptcy filing, CEO Anne Wojcicki had a fully financed proposal to take the genetic testing company private. The financing fell apart, and a series of alternative proposals by Wojcicki did not result in a deal.
Hospitals started 2025 with a stable financial performance driven by strong patient volumes, but rising costs for drugs, supplies, and services continue to put major pressure on margins.
Quest Diagnostics teamed up with Google Cloud. The collaboration seeks to deliver new AI capabilities — including predictive population health analytics, customized physician results reporting, and individualized patient engagement.
Amid the market volatility and intense macroeconomic uncertainty, is it wise for Hinge Health to test the public markets?
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Congress passed a continuing resolution last week that extended expiring Medicare telehealth flexibilities through the next six months. Telehealth CEOs view the passing of the resolution as a short-term win, but they think there is still more work to do to ensure Americans have permanent access to virtual care services in the future.
While the plan aims to reduce government spending, healthcare executives are pointing out that these cuts would actually exacerbate the financial instability of the overall U.S. healthcare system — as well worsen health outcomes for millions of people, many of whom are children.
Many experts — be they venture capitalists or private equity investors — shared their advice with biotech entrepreneurs navigating a tough funding environment.
This comes after the company has faced increased competition from online retailers like Amazon. It remains to be seen, however, if Walgreens will perform better under Sycamore Partners.
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Health tech companies made several major funding announcements in February. Here is a list of some of the biggest funding rounds.
Some experts think greater price transparency could reduce healthcare costs by fostering more competition, while others are concerned about the potential effects on hospital-payer negotiations, as well as the practicality of enforcing these requirements.
This week, UnitedHealth Group faced two new investigations from federal lawmakers. The first was a senator’s probe into its Medicare Advantage billing practices, and the second was a Congressman's investigation into a decline in care quality at Optum-owned clinics in New York.
The contract negotiation process between providers and payers is now more complex than ever, according to Baptist Health CEO Michael Mayo.
Carlyle and SK Capital Partners are buying beleaguered gene therapy biotech Bluebird Bio for about $29 million. Meanwhile, Pfizer continued the culling of its gene therapies with the discontinuation of Beqvez for hemophilia B.