As the use of air ambulances declined from 2008-17, the cost of an air ambulance trip more than doubled, according to a Health Care Cost Institute analysis published Nov. 7.
Innovation
John Pigott, MD, is chief innovations officer and leads strategic business development for Toledo, Ohio-based ProMedica and its innovation arm.
Constant, continuous innovation is crucial to improving healthcare, whether through the introduction of new technologies and treatments or by challenging popular beliefs and traditions, according to microbiologist Peter Piot, MD, PhD.
The years-long gap between developing the technology to improve a product, service or process and actually implementing the technology and reaping the benefits is "one of the great puzzles of our age," according to Malcolm Gladwell.
While other industries' innovation efforts center on increasing consumers' mobile access to services or speeding delivery of those services, the goal in healthcare skews toward personalized, lower-cost services and products, a new report suggests.
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The most truly innovative companies place a higher priority on risk, exploration and breakthrough ideas than their less successful peers, and pursue their lofty goals with a reliance on data analytics and executive backing, among other shared qualities.
PathAI, a developer of artificial intelligence technology for use in pathology research, closed its Series B investment round Nov. 4, including participation from the Merck Global Health Innovation Fund and Bristol-Myers Squibb.
A new course at the University of Arizona in Tucson will partner students with medicinal chemists to develop new treatments for Alzheimer's disease, before connecting them with local entrepreneurs to learn about bringing the treatments to market.
Cleveland-based University Hospitals received a $15 million donation to establish a center dedicated to bridging gaps in the way male patients seek and address healthcare needs.
Haven, the healthcare venture formed by Amazon, JPMorgan Chase and Berkshire Hathaway, has begun testing some of its new insurance offerings on employees in several states, according to Bloomberg.