This section covers the managerial aspects in the Healthcare industry.
Paradigm a molecular information Next Generation Sequencing corporation specializing in providing testing for cancer patients today announced that it has entered into a contractual agreement with UnitedHealthcare for coverage of PCDx PCDx is a NextGeneration Sequencing NGS based diagnostic test th..
Centinel Spine Inc announces the US Food and Drug Administration FDA clearance of ALTOS a posterior cervical thoracic stabilization system indicated for use in either the lateral masses of the cervical spine or the pedicles of the cervicalthoracic spine The first surgical implantation of the ALTOS s..
Merit Health Madison held a groundbreaking ceremony last week on a new 9 million 35000square foot medical office complex adjacent to the hospital here Construction is anticipated to be complete in early2017 and will feature offices for primary care and other specialties In addition there will be o..
Humanwell Healthcare Group says signs cooperation framework agreement with Zhongxiang city govt to jointly set up Zhongxiang Chinese medicine hospital management firm Says to jointly promote development of Zhongxiang Chinese medicine hospital and enrich its services Says to hold no less than 51 pe..
The Queensland government will spend 70 million to build a new hospital in the state39s west Premier Annastacia Palaszczuk says a new hospital is needed in Roma west of Brisbane because the current one opened in 1940 is out of date Honestly from having a look at the state of this hospital I am det..
Phoenix Health Systems the premier enabler of better patient care through information technology IT today announced that Tulare Regional Medical Center TRMC a safetynet hospital in Californias agricultural San Joaquin Valley has signed contracts for software implementation management and infrastruct..
Mouwasat Medical Services Co one of Saudi Arabia39s largest listed healthcare providers reported a 61 percent rise in fourthquarter net profit on Thursday beating analysts39 forecasts The company39s net profit in the three months to Dec 31 was 538 million riyals 143 million up from 507 million riy..
Dubaibased private healthcare company Thumbay Group has announced plans to set up a massive 400bed teaching hospital in Ajman The facility will be the biggest private academic hospital in the region when completed in 15 months the company said in a statement Located within the Gulf Medical Univers..
iMedX Inc a global leader in health information and medical documentation solutions today announced that is has successfully completed the acquisition of Amphion Medical Solutions Amphion a national leader of technology driven medical documentation and coding services This acquisition marks an impo..
Italian group BTP said Tuesday it had signed a preliminary agreement with Iran to build five hospitals just after the lifting of economic sanctions against Tehran in a deal over its nuclear program Pessina Costruzioni will build the first three 1000bed hospitals in Tehran Two other 500bed faciliti..
UnitedHealth Group Inc reported a 30 percent rise in quarterly revenue helped by strength in its Optum pharmacy benefit management business Net profit attributable to UnitedHealth shareholders fell to 122 billion or 126 per share from 151 billion or 155 per share a year earlier Revenue rose to 436..
The Abraaj Group said on Monday it has acquired a 49 per cent stake in JM Holding the company that holds a majority share in Tunisian Stock Exchang listed SAH In Tunisia SAH is the biggest player in the baby diapers segment with a market share of 60 per cent and currently exports to 18 countries ac..
Inhome medical care provider Portea Medical on Monday said it has picked up a majority stake for an undisclosed amount in healthtech startup PSTakeCare The latter39s solution helps consumers with relevant knowledge on doctors hospitals and other health care service providers enabling consumers to ta..
Telephus Medical LLC a biotechnology company focused on development of antibody therapies for antibioticresistant staphylococcal infections today announced that the Japan Patent Office has issued Japanese patent number 5837215 covering monoclonal antibody compositions that bind and neutralize the en..
US Democratic presidential candidate Bernie Sanders released details on Sunday evening about his Medicareforall universal healthcare funding plan and how he would pay for it The plan was released hours before Sanders was to square off in a Democratic presidential debate in Charleston South Carolina..
Universal Health Services has withdrawn its application to build a 40 million psychiatric hospital near Whitney High School in Rocklin Plans for the hospital ran into opposition from neighbors and the proposal was scheduled to be heard by the Rocklin planning commission at its meeting Jan 19 Staff ..
The NHS plans to impose its own sugar tax in hospitals to help tackle the national sugar high increasingly ruining peoples health the services boss reveals Simon Stevens also urged ministers to take radical action against obesity including forcing food firms to strip sugar out of their products as ..
The US Food and Drug Administration on Friday issued draft guidelines to medical device makers on how to protect patients from cybersecurity vulnerabilities in their devices Cybersecurity threats to medical devices are a growing concern the agency said in a statement The exploitation of cybersecuri..
Edwards Lifesciences Corp said that the US Food and Drug Administration has approved an expanded indication study of the company39s most advanced transcatheter aortic heart valve the Edwards Sapien 3 valve The investigational device exemption or IDE study will enroll elderly patients with severe sy..
General Electric Co39s healthcare division said on Wednesday that it and a Canadian federal government agency plan to invest C40 million 28 million to help build a center for advanced therapeutic cell technologies in Toronto The money from GE Healthcare and FedDev Ontario the Canadian government39s..