U.K.’s leading digital healthcare company, Babylon Health, recently announced its second quarter (Q2) 2022 results, highlighting significant growth in the U.S. despite a $157 million loss during the period. Founded in 2013, the London-based digital-first health company made its foray into the U.S. via a...
Industry experts have said the lack of standards of practice in Germany, Europe’s largest healthcare market, is hampering the growth of digital healthcare and causing HealthTech startups to miss out on setting trends and leveraging the pandemic-driven digital advancements made in the last few years....
In the 21st century, autonomous flying vehicles known as drones have crossed over from science fiction to reality. Applications of drones include surveillance, filmography and geomapping — fields that have seen the technology become increasingly commonplace in recent years. In the delivery space, too, drones...
CVS is reportedly looking to purchase healthcare platform Signify Health, which would allow the drugstore chain to expand into home health services. Signify has been exploring “strategic alternatives,” which could include a sale, according to a report from the Wall Street Journal Sunday (Aug. 7)...
At more than $4 trillion, healthcare spending in the United States accounts for nearly 20% of gross domestic product (GDP), a far greater share than other Organization for Economic Cooperation (OECD) countries. There are many reasons for this disparity, but inefficiency and ineffectiveness in purchasing...
CVS said it would either purchase or take a stake in a primary-care company before the year is over, part of a wave of pharmacy retailers strengthening their medical care offerings. As CNBC reported Wednesday (Aug. 3), company CEO Karen Lynch said CVS wants to...
Researchers in South Korea may have found a way to let patients receive a tattoo that alerts them to health issues. As Reuters reported Tuesday (Aug. 2), a team at the Korea Advanced Institute of Science and Technology (KAIST) in the city of Daejeon has...
Among patients who canceled healthcare appointments in the last year for any reason other than their condition improving, 46% did so because the cost was too high, according to “The Healthcare Conundrum,” a PYMNTS and Experian Health collaboration based on a survey of 2,483 consumers....
Telehealth continues seeking its new level in the post-pandemic treatment mix as the technology transitions to a more permanent and settled role in healthcare. With the use of telehealth visits having stabilized in late 2021 at roughly 38 times pre-pandemic levels according to widely published...
