Business of Health
Fundamentally, the answers to our challenges in healthcare relies in engaging and empowering the individual - Elizabeth Holmes
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Health Care Just Became the U.S.'s Largest Employer
This moment was inevitable. It just wasn’t supposed to happen so soon.
Due to the inexorable aging of the country—and equally unstoppable growth in medical spending—it was long obvious that health-care jobs would slowly take up more and more of the economy. But in the last quarter, for the first time in history, health care has surpassed manufacturing and retail, the most significant job engines of the 20th century, to become the largest source of jobs in the U.S.
In 2000, there were 7 million more workers in manufacturing than in health care. At the beginning of the Great Recession, there were 2.4 million more workers in retail than health care. In 2017, health care surpassed…
Tradeoffs started with a simple idea: There are no silver bullets in health care. Dan Gorenstein learned this covering the business of health care at the public radio show Marketplace. Economists, physicians and researchers taught him even the most well-intentioned plans to fix issues like unaffordable insurance, high prescription drug prices and inequitable care for marginalized patients carried risk and unintended consequences. He struggled to fit all that nuance and complexity into his short radio stories.
Covid-19 is changing the game for health care companies and investors
Even as the health care industry has stepped up with an unprecedented response to the Covid-19 pandemic, health care companies are being undermined by a loss of revenue, splintering of their clinical workforces, and the disintegration of normal as we know it. For health-related entrepreneurs and startups, this means the rules of engagement with their stakeholders, including venture investors, are also changing. The emergence of a new abnormal will depend on several factors.
How Lyft’s growing medical business is trying to close gaps in health care access
When Megan Callahan was weighing whether to join Lyft’s burgeoning health care business two years ago, she was attracted by the idea of being able to work more closely with patients — and make the process of getting care easier for them.
You Don’t Want Facebook Involved With Your Health Care
Big tech companies want to share data about you with your doctors.
What was the Worst Wellness Trend of the 2010s?
The 2010s was the decade that wellness shed its fringe, hippie-dippy connotations and exploded into mainstream consciousness. According to the New York Times, the term was first coined in the 1950s, which is apparently when people figured out that there was more to health than reactively treating illness. Now, the term is so ubiquitous it’s hard to imagine life without it. So what, exactly, is wellness?
Growth That Isn't Good: The Unhealthy Side of Getting Bigger
Economic growth is generally regarded as a goal. But when it's not part and parcel of increasing human happiness, growth can tear us down.
How Elizabeth Holmes' House Of Theranos Came Tumbling Down
In a searing investigation into the once lauded biotech start-up Theranos, Nick Bilton discovers that its precocious founder defied medical experts—even her own chief scientist—about the veracity of its now discredited blood-testing technology. She built a corporation based on secrecy in the hope that she could still pull it off. Then, it all fell apart.
The hidden harm of health care: air, water, and other pollution
Some hospitals and health care systems are already working to improve their environmental performance. More than two dozen health care organizations across the country, from California to New England, have committed to meet the Paris Agreement climate action goals. Many others, including Massachusetts General Hospital, where I work, have committed to 100 percent renewable electricity, in addition to existing efforts to reduce waste and polluting emissions.
Why Apple, Amazon, and Google are making big health care moves
Some of the biggest and most famous brands in America are making big bets on health care. The blue chips of Silicon Valley — Amazon, Apple, Google, Uber — have announced in the past few weeks they’re interested in disrupting an industry that has bedeviled us with rising costs and inefficiencies for decades.
A Good Health Care Deal, but Only for Some
Together, these three behemoth corporations will be able to wrest great deals and discounts in their negotiations from hospital systems, drug manufacturers, medical device makers and doctors’ groups. These are likely to be better deals than what lesser companies can wrangle.
Atul Gawande, CEO?
The New Yorker writer and surgeon is an unconventional choice to lead the Bezos-Buffett health care startup, and a good one.
Google Bets on Health: 'The Most You Can Lose Is All Your Money'
Bill Maris, founder of Google Ventures, has a purse full of Alphabet Inc.’s cash and a mandate to spend it on big ideas. Having made a name in tech investments, he now wants his firm to be known as a big player in health care and biotech.
Healthcare Innovations: New technology is changing all facets of healthcare
Digital-age innovations are changing the face of healthcare across the nation, revolutionizing several areas of the industry. New technology is changing how diseases are diagnosed and treated, how patients and physicians communicate, and even how the average person eats, sleeps and exercises.
How Goop’s Haters Made Gwyneth Paltrow’s Company Worth $250 Million
Inside the growth of the most controversial brand in the wellness industry.
Medical ROBOTS: Innovation or Hype?
Sci Fi film scenes from 50 years ago are now an everyday reality, robots performing complicated surgery. So, do they make a difference?
Minimizing the Worker: Why Attacks on Raising the Minimum Wage Come Up Short
Over the course of a generation productivity in the American workplace has doubled and CEO pay has increased exponentially. So with all that success, why has the minimum wage failed to keep pace even with simple cost-of-living increases? And why should anyone willing and able to work full-time be living below the poverty line?
The Coming $1.5 Trillion Shift in Healthcare
A comprehensive model shows how far-reaching trends in the massive industry will influence the growth of profit pools — and how payors and providers should respond.
The Hype of Virtual Medicine
High-tech health care hasn’t proved effective at changing patients’ bad habits.
The Science of Shamelessness: Corporations, Scientists, and Spinning the Facts
Coca-Cola wants you to believe that, contrary to conventional wisdom, empty-calorie beverages like Coke don't contribute to obesity. And they're willing to pay scientists to peddle their message.
US health care: An industry too big to fail
For policymakers to meaningfully impact the rising costs of U.S. health care, from drugs to bills to and everything in between, they must decide if this is to remain an industry or truly become a social good. If we continue to treat and regulate health care as an industry, we should continue to expect surprise bills and expensive drugs. It’s not personal, it’s just…business. The question before the U.S. is: business-as-usual, or shall we get busy charting a new way of achieving a healthy society? Personally and professionally, I prefer the latter.
US Healthcare Industry Creating an Endless Shitstorm of Money-Grubbing Bureaucracy and Paperwork, Study Finds
A highly lucrative paper-pushing industry is unnecessarily costing already-broke Americans hundreds of billions of dollars.
Why are doctors and health clinics in the business of selling prescription drugs?
The Part B drug program exemplifies a problem in the healthcare system. The way Medicare pays for prescription drugs gives doctors an incentive to choose the most expensive alternatives, and gives drugmakers an incentive to raise prices relentlessly.
Why Do Hackers Want Your Health Data?
Recent security breaches at health insurance companies affect millions of Americans: here’s why that’s bad news.
Health Care Just Became the U.S.'s Largest Employer
There are several drivers of the health-care jobs boom. The first is something so obvious that it might actually be underrated, since it is rarely a proper news story in its own right: Americans, as a group, are getting older.
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With over 30 years’ experience, Joe Flower has emerged as a premier observer and thought leader on the deep forces changing healthcare in the United States and around the world.
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We continue our tradition of disseminating original, thought-provoking content with the intent of providing the busy pharmaceutical executive with insight into industry trends that will affect their business, as well as the industry in its entirety.
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California Life Sciences Association (CLSA) is the state’s largest and most influential life sciences advocacy and business leadership organization.
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Website dedicated to providing medically reviewed information about prescription drugs, health conditions, nutrition, supplements and more.
Food and Drug Law Journal
For more than 60 years, this award-winning journal has offered readers scholarly, in-depth, analytical articles, providing insight into the actions of FDA, FTC, and USDA, how the courts interpret these actions, and the reaction of industry. Articles published in the Food and Drug Law Journal are heavily cited and reviewed by your peers. The Food and Drug Law Journal is published four times per year.
Genetic Engineering & Biotechnology News
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Health Biz Decoded
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Health Industry Distributors Association
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Health Industry Representatives Association
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Healthcare Design serves an audience of architects, interior designers, hospital administrators, facility managers, engineers, and key members of the construction community as the premier source of insight, information, and inspiration for planning, designing, and constructing new or renovated healthcare facilities.
To help health care workers and patients understand about the effects of the internet on the practice of Medicine and Healthcare in the world, and to update new developments that are constantly occurring in this field of Internet Medicine.
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How U.S. Health Care Became Big Business
Health care is a trillion-dollar industry in America, but are we getting what we pay for? Dr. Elisabeth Rosenthal, a medical journalist who formerly worked as a medical doctor, warns that the existing system too often focuses on financial incentives over health or science.
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Latest news on healthcare reform and the business of medicine from the Wall Street Journal.
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Last Updated : Wednesday, February 8, 2023