Developers eager to fill the demand for senior housing created by an aging U.S. population are facing a new and unexpected challenge in the form of rapidly advancing technologies that allow seniors to stay in their homes longer. … READ MORE >
The mounting toll of cyberattacks on rural hospitals
Enticed by valuable stores of health records and sometimes porous security, hackers infiltrate a hospital’s IT system and encrypt its data, making it unusable until the provider pays a ransom. … READ MORE >
Health care jobs market remains tight, government data shows
The Job Openings and Labor Turnover survey released by the government last Tuesday underscored continued tightness in the health care jobs market through June. Health care organizations added 60,000 employees, after accounting for employee departures.Total job openings across the ecosystem increased by 10,000 to 1.217 million. … READ MORE >
When addressing nursing shortage, look to your own ranks first
The market for skilled workers, administrators and support staff remains tight in U.S. health care as providers struggle to fill jobs, particularly critical roles such as nurses. The numbers have not appreciably improved since the last time I wrote about this topic: Total health care job openings have remained around 1.1 million to 1.2 million since December of 2017. … READ MORE >
Want a fuller picture of biotech’s promise? Look beyond the public markets
The biotech ecosystem and the capital markets in which it operates are complex; viewing this sector through the lens of the public markets doesn’t provide a complete picture of its promise to investors. … READ MORE >
IMF cuts global growth outlook to lowest since 2009
The International Monetary Fund recently revised downward its forecast for global growth to 3.3 percent from 3.5 percent, the lowest level since 2009. Business executives, advisors, and other leaders must understand the fundamental changes that informed the revision and how those changes may impact their organizations. … READ MORE >
Biotech needs cash in hesitant market
Life science companies require a cash infusion at least twice as big as that of 2018 to fund research and development at a time when investors remain skittish, according to a Bloomberg analysis. … READ MORE >
Apple Heart Study should not dampen industry view of health tech
On March 16, Stanford researchers released results from the Apple Heart Study; this significant research project relied on data gleaned from some 420,000 adult Americans who agreed to wear an Apple Watch that monitored their cardiac rhythms to identify irregularities. … READ MORE >
Health care adds 38,600 Jobs in February, but is that enough?
Recent employment releases, while generally positive, belie a systemic problem in the health care labor market: How will health systems, payers and other providers possibly find enough of the right people to deliver the care their patients expect? … READ MORE >
Better data use has pros and cons for life sciences
The volume and variety of health care data should expand significantly in 2019. Specifically, we will be monitoring growth in data sources outside those collected from traditional electronic health records, including information gleaned from wearable technology and direct-to-consumer genetic testing. Life science companies should consider how best to leverage this … … READ MORE >