Dr. Michael Schönhofen, head of Fresenius Kabi’s Biopharma business, will leave the company on June 30, 2024, after over 30 successful years. His successor, Dr. Sang-Jin Pak, will join the Fresenius Kabi Management Board on June 1, 2024, ensuring a…
Lehigh Valley Health Network (LVHN) and Universal Health Services (NYSE: UHS) hosted a ceremonial groundbreaking today to mark the start of construction for a new three-story, 144-bed behavioral health hospital. This joint-venture facility, located on Macada Road in Hanover Township,…
Henry Schein Medical, the U.S. medical division of Henry Schein, Inc. (Nasdaq: HSIC), announced today its partnership with the United Football League (UFL) as the official medical product sponsor for the 2024 season. The company will supply UFL athletic trainers…
Medibank has announced an increase in its give-back commitment from $215 million to $305 million as part of its COVID-19 support package for Medibank and ahm customers. This brings the total support provided to customers since the pandemic began to…
Piedmont, Georgia’s premier healthcare system, in collaboration with Encompass Health, the largest owner and operator of inpatient rehabilitation hospitals in the United States, proudly announces the opening of Rehabilitation Hospital of Atlanta. Located at 1968 Peachtree Road NW, Building 2…
BJC HealthCare, a leading nonprofit healthcare organization in the United States, and Encompass Health, the largest owner and operator of inpatient rehabilitation hospitals, are pleased to announce the opening of The Rehabilitation Institute of St. Louis – West County. Situated…
The medical team at Al-Mouwasat Hospital in Al-Khobar has successfully conducted a series of operations aimed at completely removing prostate cancer and reconstructing the urethra in the urinary bladder. These groundbreaking procedures mark a milestone for private hospitals in the…
Doximity the leading digital platform for U.S. medical professionals, has released its 2024 Physician Compensation Report. The report shows a 5.9% increase in average physician pay for 2023, following a 2.4% decline the previous year. Despite these gains, a significant…
Haemonetics Corporation (NYSE: HAE) has announced the pricing of its $600 million offering of 2.50% Convertible Senior Notes due 2029. This private offering, increased from an initial $525 million, targets qualified institutional buyers under Rule 144A of the Securities Act…
Haemonetics Corporation has announced plans to offer $525 million in Convertible Senior Notes due 2029, subject to market conditions. This private offering will be made to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The company…
CorVel Corporation (NASDAQ: CRVL) has unveiled its financial results for the quarter and fiscal year ended March 31, 2024. Quarter revenues totaled $207 million, marking an increase from $185 million in the corresponding quarter of the previous year. Earnings per…
The healthcare landscape in the United States, historically characterized by slim profit margins, is currently grappling with various challenges such as changes in reimbursement models, inflation triggered by the pandemic, escalating supply costs, and staffing shortages. These hurdles have led…