Strained debt markets and staffing shortages have tamped down private equity-led activity in healthcare services, according to a PitchBook report on Q3 M&A in the sector.
Why it matters: In the final quarter of the year, several health care services processes remain in market, at varying levels of activity.
Cambodian Prime Minister Hun Sen has canceled his meetings at the G20 summit in Bali, Indonesia, and was returning home after testing positive for COVID-19, he said in a Facebook post on Tuesday.
The big picture: The positive test comes just days after Hun Sen hosted several Asian leaders, as well as President Biden and others for the Association of Southeast Asian Nations (ASEAN) summit in the Cambodian capital Phnom Penh.
Sens. Bernie Sanders and Rand Paul’s shared interest in expanding drug importation could emerge as a populist sequel to Democrats’ drug pricing bill next year — and rekindle friction between the hill, pharma and the Food and Drug Administration.
The big picture: The lawmakers are in line to be chair and ranking member of the Senate health committee in a session likely to be consumed with investigations and messaging bills.
Prescriptions for stimulants have been skyrocketing as it’s become easier and easier to get a diagnosis.
Why it matters: The rise in demand for Adderall has triggered a shortage of the drug — raising fears that some people can't get medicines they rely on, while many others may be misdiagnosed.
Google Cloud and Epic have signed a deal that will enable hospitals using the electronic health record company's products to take those records to the cloud, they announced Monday.
Why it matters: The partnership gives health systems another option for their cloud environment. Google Cloud officials say the platform will offer new tools to build more efficiencies and optimize care, as well as secure their data.
President Biden said Monday that he does not expect congressional Democrats will have enough votes to pass a bill codifying Roe v. Wade.
Why it matters: If Republicans capture a narrow majority in the House, Biden's pledge to make an abortion rights bill the first piece of post-midterm legislation to send to Congress will go nowhere.
Health systems facing economic headwinds and the aftereffects of the pandemic are taking a closer look at divesting or squeezing more value out of their real estate holdings.
Why it matters: Real estate can account for up to 40% of a health system's balance sheet and also represent a major chunk of some communities' commercial real estate inventory.
