Category: ROOT

Digital health funding slumps to $7B: 5 key others trends to know

Venture capital investments for digital health in 2022 hit $7 billion, down 55 percent from 2021 when investments totaled $15.6 billion, according to a March 10 report from PitchBook. 

Mark Cuban scrambled to make payroll for Cost Plus amid Silicon Valley Bank collapse

When Silicon Valley Bank collapsed March 10, Mark Cuban joined hundreds of tech company executives scrambling to recover funds and make payroll, but he considers himself lucky, according to Fortune.

March Madness to cost employers $17B in lost productivity

The upcoming March Madness basketball tournament will cost employers $17.3 billion in lost productivity, according to a recent estimate from Challenger, Gray & Christmas. 

CDC, FDA respond to Florida surgeon general's COVID vaccine claims

In an effort to “correct the associated misinterpretations and misinformation” about COVID-19 vaccines, the FDA and CDC wrote a joint response to Florida Surgeon General Joseph Ladapo, MD, after he claimed the vaccines pose severe risks.

The people providing $600 billion in unpaid care

A study from the AARP Public Policy Institute found family caregivers in the U.S. provide $600 billion worth of unpaid care each year.

Medical societies update hand hygiene guidelines, add 2 more

Five medical societies collaborated to publish updated hand hygiene recommendations for preventing healthcare-associated infections through hand hygiene at acute care facilities, Wolters Kluwer reported March 13.

Trinity hospital taps new chief medical officer

Trinity health-owned Chelsea (Mich.) Hospital has named Fazleomar Mahmood, MD, as its new chief medical officer.

Colonoscope market to hit $6B by 2030

GlobalData predicts the colonoscope market will grow from $3.6 billion to $5.8 billion by 2030. 

5 health systems zeroing in on exec teams, administration

At least five health systems announced changes to executive ranks and administration teams in February and March. 

New York hospital goes international with nurse recruiting

Niagara Falls (N.Y.) Memorial Medical Center is using its new international nursing program to fill staffing gaps.