Category: medical
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Boston Scientific buys Israeli medical device co SoniVie
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The giant of the medical devices in Boston Scientific announced that it had signed a final agreement to acquire the Israel Medical Services Company Sonvi For an immediate payment of $ 360 million in addition to human payments of $ 180 million. Boston has already a 10 % stake in…
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Strategies for Optimising Your Company’s Medical Policy
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A recent SHRM report states that the healthcare costs of employers are expected to increase by 8 % to 9 % in 2025. Providing health insurance is a vital part of the employee benefits program. He assures employees that the employer is interested in their well -being. It also helps…
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Durham medical supplier clinches multi-million pound funding boost
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Forma-Care (UK) LTD, a leading supplier for Continution Care to NHS, has obtained an important financing package with the support of Leonard Cortis. The arrangement represents more than 5 million pounds of the financing that has been collected in recent years, ensuring that its headquarters in Durham can accelerate its…
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Japan’s Kaneka buys Israeli co EndoStream Medical
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The Or Akiva-based medical device company is developing the Nautilus device to treat aneurysms. Japanese company Kanika announced its acquisition of 96.8% of the shares of the Israeli medical devices company INDUSTREAM MEDICAL LIMITED (ESM). Or Akiva-based ESM, which was founded in 2015 by CEO Danel Mayer and CTO Alon…
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Medical School approved for Reichman University
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80 medical students will be enrolled in the first four-year program, which will begin in February 2025. The annual fee is NIS 90,000. The Council for Higher Education in Israel granted approval to Reichman University Herzliya to establish a medical school. Last year, Reichmann University’s application was rejected on the…
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Medical School approved for Reichman University
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80 medical students will be enrolled in the first four-year program, which will begin in February 2025. The annual fee is NIS 90,000. The Council for Higher Education in Israel granted approval to Reichman University Herzliya to establish a medical school. Last year, Reichmann University’s application was rejected on the…
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Israeli heart medical device co Innoventric raises $28.5m
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Israeli Cardiac Medical Devices Company Not innovative Today, it announced the completion of its $28.5 million Series B financing round. The company has developed a device for the transcatheter treatment of tricuspid regurgitation (TR) using a revolutionary transcaval technology. This latest funding round, led by RA Capital Management, with participation…
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UnitedHealth’s medical costs surge in third quarter, shares drop
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(Reuters) – UnitedHealth Group reported a rise in third-quarter medical costs on Tuesday, as the company struggled with lower government payments in its insurance business and continued demand for medical care, sending its shares down 3%. For the quarter, the company’s medical loss ratio — the percentage of premiums spent…
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UnitedHealth’s medical costs surge in third quarter, shares drop
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(Reuters) – UnitedHealth Group reported a rise in third-quarter medical costs on Tuesday, as the company struggled with lower government payments in its insurance business and continued demand for medical care, sending its shares down 3%. For the quarter, the company’s medical loss ratio — the percentage of premiums spent…
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Israeli medical coding solutions co Nym raises $47m
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An independent Israeli medical coding company powered by artificial intelligence Sleep Today it announced the completion of a $47 million financing round led by growth equity firm PSG in partnership with new investor Samsung Next and existing investors Google Ventures, Addition and Dynamics Loop Capital. This latest funding round brings…
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Israeli medical coding solutions co Nym raises $47m
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An independent Israeli medical coding company powered by artificial intelligence Sleep Today it announced the completion of a $47 million financing round led by growth equity firm PSG in partnership with new investor Samsung Next and existing investors Google Ventures, Addition and Dynamics Loop Capital. This latest funding round brings…
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Kyiv says Russian attacks on medical centre in Ukraine’s Sumy kill 8, injure 11 By Reuters
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KIEV (Reuters) – Russian forces bombed a medical center in Sumy in northeastern Ukraine on Saturday morning and then bombed again while evacuating the building, killing a total of eight people, Ukrainian officials said. Ukrainian prosecutors said that at the time of the attacks, there were 86 patients and 38…
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Why Medical Properties Trust Rallied Today
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Shares from Medical Property Fund (NYSE: MPW) Technology stocks were up 16.8% in Thursday trading as of 12:45 p.m. ET. Medical property Real Estate Investment Trust (REIT) Shares of Steward Healthcare have fallen sharply as high interest rates and problems with its largest tenant, Steward Healthcare, forced the company to…
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Medical Properties Trust settles with Steward Health (NYSE:MPW)
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Arcadius Wargola/iStock via Getty Images Steward Healthcare, the private hospital operator that filed for bankruptcy in May, announced a settlement Friday with Medical Properties Trust (NYSE: MPW), also known as MPT, to settle disputes over rental claims. According to the agreement, Medical Properties Trust (MPW)Steward, the largest hospital owner in…
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Outset Medical reports disappointing earnings in second-quarter By Investing.com
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Outset Medical (NASDAQ: OM), a medical technology company, reported second-quarter earnings for 2024 that missed market expectations, primarily due to a slower ramp-up of its TabloCart product and an extended sales cycle. Despite these challenges, the company highlighted several positive aspects of its performance, such as strong treatment sales and…
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Koru Medical Systems stock price target raised on strong results By Investing.com
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On Thursday, Piper Sandler revised its outlook on shares of Koro Medical Systems Inc. (NASDAQ:KRMD), raising its price target to $3.00 from $2.50 previously. The firm maintained a neutral rating on the stock. The adjustment came after Coro Medical reported second-quarter earnings, which highlighted a record quarterly revenue of $8.4…
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NHS IT firm faces £6m fine over medical records hack
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A software provider is facing a potential £6m fine following a 2022 ransomware attack that disrupted NHS and social care services across England. The Information Commissioner’s Office (ICO) has provisionally concluded that Advanced Computer Software Group did not implement adequate measures to protect the personal data of 82,946 people affected…
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Israeli heart pump co Magenta Medical raises $105m
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Israeli mini heart pump developer Magenta Medical Today announced the completion of a $105 million funding round led by Novo Holdings with new investors Viking Global Investors and RA Capital Management, and existing investors OrbiMed, New Enterprise Associates (NEA), JVC Investment Partners, and ALIVE – Israel HealthTech Fund also participating…
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Health insurer Elevance beats profit estimates on lower medical costs By Reuters
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By Sriparna Roy and Bhuyan Singh (Reuters) – Elevance Health Inc beat Wall Street estimates for quarterly profit on Wednesday as the company spent less than expected on covering medical costs for its members. Strength in the Carelon Healthcare Services unit, higher premiums and membership growth in Obamacare and commercial…
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Edwards Lifesciences buys Israeli co Innovalve Bio Medical
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Edwards Lifesciences (NYSE: EW) today announced that it has exercised its option to acquire an early-stage Israeli transvascular coronary angioplasty company Inovalife Biomedical IndustriesNo financial details were disclosed, but the acquisition is estimated to be worth hundreds of millions of dollars. Innovalve was founded at the Sheba Medical Center in…