Among the most significant challenges facing the healthcare industry are rising costs, the aging population and the shrinking healthcare workforce. On top of that, policy changes are putting pressure on payers and there is tremendous uncertainty about federal research funding.…
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Pfizer has agreed to acquire weight-loss drugmaker Metsera in a transaction that could exceed $10 billion. Under the terms of the cash deal, Pfizer will pay $65.60 a share upfront, along with a contingent value right worth up to $20.65…
Olympus Corp. announced a global restructuring plan Nov. 7 aimed at streamlining operations and strengthening its position in endoscopy-enabled care. As part of the transformation, Olympus will reduce its global workforce by roughly 2,000 positions and target approximately $160 million…
Amid months of divestment in federal public health agencies, the CDC has 60% fewer flu samples from other countries than it did in 2024, which could hamper development of an effective flu shot next year, NPR reported Nov. 7. Usually,…
Ian Macdonald has been named CFO of Terre Haute, Ind.-based Union Health, according to an Oct. 29 news release. Prior to his new role, Mr. Macdonald served as senior finance director and interim executive director of Salt Lake City-based Huntsman…
Edward Willard was appointed chief strategy and business development officer at Newtown Square, Pa.-based Trinity Health Mid-Atlantic, a member of Trinity Health of Livonia, Mich. Mr. Willard began his new role Nov. 3 at Trinity Health Mid-Atlantic, where he oversees…
Cedars-Sinai Health Ventures has joined a $25 million funding round for an AI-powered behavioral healthcare startup. The venture capital arm of the Los Angeles-based health system participated in the preempted series B financing Nov. 6 for Amae Health, which plans…
Central Maine Medical Center in Lewiston, the flagship facility of Central Maine Healthcare, will not seek reverification as a Level 3 trauma center from the American College of Surgeons, according to a Nov. 5 alert from Maine EMS. The 205-bed…
Twenty-seven labor and delivery units at rural hospitals have shuttered in 2025, up from 21 in 2024, according to a new report from the Center for Healthcare Quality and Payment Reform. The report found that since year-end 2020, 117 rural…
Baraga County Memorial Hospital in Michigan is expanding its partnership with Oracle Health to standardize technology across its facilities and improve clinical and operational efficiency. The 15-bed critical access hospital will deploy Oracle Health’s CommunityWorks solutions and broaden its use…