An April 2019 hospital merger & acquisition (M&A) report has found that the number of hospital transactions in the 1st quarter of 2019 is the fewest in almost ten years. Those 14 deals is the lowest number in a single quarter since the 4th quarter of 2009. In addition to the low number of deals occurring, the median of the target company’s revenue was over 40% smaller than in 2018; in fact, no 1st quarter target hospital had more than $150 million in revenue.
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According to a new whitepaper by FAIR Health, an independent nonprofit company that manages and analyzes the nation’s largest database of privately billed health insurance claims, telehealth utilization increased 53% from 2016 to 2017, the largest increase of all healthcare settings examined. Telehealth is often considered one of the most “
disruptive forces
” in healthcare, as it can transition care from hospitals and clinics into a patient’s home or location.
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A pilot program initiated at WakeMed Health’s medical campus in Raleigh, North Carolina could be the future of efficiently transporting medical samples or supplies. The unmanned aircraft system integration pilot program allows laboratory samples to be flown across its medical campus, via unmanned drones, to the main hospital, rather than relying on courier cars. Drone-assisted deliveries allow the option for on-demand and same-day delivery, with potentially life-saving benefits.
(Read more...)
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The increase in demand for rural healthcare services is expected to increase due to the aging
Baby Boomer
population and the overall unhealthiness of rural communities, due to both
social
determinants, e.g., the relatively high unemployment and poverty rates, and
health
determinants, e.g., higher rates of smoking and obesity rates, in those areas. However, the decrease in supply of RHCs and primary care providers results in a critical shortage of rural health services that are wholly insufficient to meet the rising demand. This second installment will review the
competitive environment
of RHCs.
(Read more...)
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Advanced Distance Education to Launch in 2019
The
Institute for Healthcare Valuation
(IHV) &
Consultants' Training Institute
(CTI) are pleased to announce premier healthcare valuation training through a distance education program, the Certificate of Educational Achievement (CEA) for Advanced Education in Healthcare Valuation. The program will launch in 2019 and will bridge the interdisciplinary nature of healthcare valuation to include: the Four Pillars of Healthcare (regulatory, reimbursement, competition, and technology); the market forces shaping the U.S. healthcare industry; and the valuation of healthcare enterprises, assets, and services. Legal professionals and healthcare providers, as well as those wishing to expand their scope of activities in healthcare valuation engagements and those seeking to enhance their current healthcare valuation service lines, will gain comprehensive knowledge through completing the expansive program. The program has been developed and is being presented by industry thought leader
Health Capital Consultants
, alongside a blockbuster faculty of healthcare subject matter experts from the legal, federal regulatory, and valuation professions.
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