Editor's Note The medical 3D printing market is expected to double from $2 billion in 2022 to $4 billion by 2026, driven by customization, lower costs, and quick turnarounds, according to analysis from GlobalData. In a July 24 report on the analysis, Medical Device Network outlined this growth as well…
Editor's Note North Korean hackers targeted U.S. hospitals and healthcare systems with ransomware to fund a covert information exfiltration campaign against American military and scientific entities, according to a July 25 report from CBS News. The first attack was a May 2021 ransomware infiltration of a hospital in Kansas. The…
Editor's Note Rural hospitals throughout the country are struggling to maintain labor and delivery units amid dwindling numbers of births, KFF Health News reported July 15, noting that more than half lack these services entirely. Nationwide, annual births have fallen from 4.3 million in 1957 to below 3.7 million by…
Editor's Note HCA Healthcare reported nearly $1.5 billion in net income for the second quarter (Q2), exceeding expectations, Modern Healthcare July 23 reports. The Nashville-based system attributed part of this success to a significant reduction in contract labor costs, which dropped by more than 25% compared to Q2 2023. This…
Editor's Note Erin Fox, senior pharmacy director at University of Utah Health who has been monitoring drug shortages for over 20 years, spoke to AP News in June of her concerns. Currently, the situation is worse than ever, with total active shortages hitting an all-time high of 323 (with 48…
Editor's Note As outpatient surgery continues to gain popularity and the need to cut costs persists, Becker’s ASC Review sat down with Jim Freund, managing partner for Physician Transaction Advisors, to discuss the below three key trends in the ambulatory surgery center (ASC) industry, per Becker’s July 18 article. Number…
Editor's Note Healthcare costs are expected to rise between 7% and 8% in 2025, according to a report from PwC's Health Research Institute. As detailed in a July 17 article from Fierce Healthcare, PwC projections for an 8% increase in the group market and 7.5% in the individual market would…
Editor's Note Heightened demand has made nursing lucrative relative to other professions, especially since the COVID-19 pandemic, according to a May 9 report from healthcare job marketplace Vivian Health. Based on the firm’s proprietary salary data as well as information from the Bureau of labor Statistics, Vivian estimates registered nurses…
Editor's Note Male nurses earn approximately $6,000 more annually than female nurses, despite representing only about 10% of registered nurses, according to Nurse.com’s 2024 Nurse Salary and Work-Life Report. Becker’s Clinical Leadership covered the news July 11. According to the article, the pay disparity reflects broader societal gender pay gaps.…
Editor's Note Nearly half of Americans struggle to afford health care and prescription medications, according to the latest Healthcare Affordability Index from West Health and Gallup. Newsweek reported on the findings July 17. Based on polling of 5,149 adults, the index shows a decline in affordability by six points since…