Ascend Learning, a leading learning technology company, has appointed Dr. Lissy Hu as its new CEO. Dr. Hu, a seasoned healthcare technology executive, will take the reins from Greg Sebasky, who is retiring after a decade as CEO and will transition to the role of Chairman. Ascend’s focus on healthcare learning solutions aligns with Dr. Hu’s experience in building and leading transformational healthcare technology companies.
Shares of LENZ Therapeutics surged in pre-market trading after positive Phase 3 trial data for its presbyopia treatment. Other notable movers include Healthcare Triangle, Pixie Dust Technologies, and Jet.AI. Meanwhile, SMX, Upexi, and Monopar Therapeutics faced pre-market declines.
The FDA has issued a warning and recall for Hologic Inc.’s BioZorb Marker products, implantable devices used for marking soft tissues. This follows reports of serious adverse events, including pain, infection, and device migration. The recall mandates the return of all unused BioZorb devices and advises healthcare providers on managing existing implants.
The global surgery tables market is projected to reach US$ 1.1 billion by 2031, driven by factors such as increased demand for modern surgery tables, investments in the medical sector, and a surge in chronic diseases. Key players in the market are actively innovating and acquiring new technologies to maintain a competitive edge.
Encompass Health (EHC) is set to release its latest quarterly earnings report on Monday, October 28th. Analysts anticipate strong performance, but investors should consider the company’s recent track record and peer comparisons before making any investment decisions. This article provides a comprehensive overview of Encompass Health’s financial performance and market positioning, along with insights into analyst expectations and key metrics to watch.
Inari Medical (NARI) is set to release its quarterly earnings report on Monday, October 28th, 2024. Analysts are anticipating a loss per share of $-0.11, but investors will be closely watching for guidance and any signs of positive growth. This article provides a comprehensive analysis of Inari Medical’s past performance, market sentiment, and peer comparisons, highlighting key metrics that will be essential to watch during the earnings call.
Centene Corporation (CNC) delivered impressive third-quarter results, exceeding analysts’ expectations on both revenue and earnings. The company attributed its success to strong growth in its commercial marketplace business, Medicaid rate increases, and operational efficiencies. Centene also reaffirmed its full-year earnings outlook and raised its revenue guidance, indicating a positive trajectory for the healthcare giant.
A cyberattack on Change Healthcare, a subsidiary of UnitedHealth Group, has resulted in the largest healthcare data breach in American history, affecting an estimated 100 million people. The ransomware attack, carried out by the BlackCat gang, has disrupted medical services across the country, leaving patients, doctors, and insurance companies in a state of chaos. The breach, which occurred in February 2024, highlights the vulnerability of healthcare systems to cyberattacks and the urgent need for better cybersecurity measures.
Boston Scientific has temporarily halted enrollment in its AVANT GUARD trial, which is evaluating the FARAPULSE Pulsed Field Ablation (PFA) System for persistent atrial fibrillation (AFib). The pause is due to unanticipated observations in the trial, which is focusing on drug-naive patients, a population not currently indicated for PFA treatment. The company emphasizes that the observations are not life-threatening and that they remain confident in the FARAPULSE system’s overall performance.
A staggering 5.3 million Mexicans, representing approximately 4% of the country’s population, have been affected by a massive data breach involving a Mexican healthcare company. The breach, discovered by Cybernews, exposed sensitive personal information including names, ID numbers, phone numbers, medical records, and financial details. The breach stemmed from a misconfigured data visualization tool, leaving the database vulnerable. This incident highlights the critical importance of robust cybersecurity practices and the potential consequences of neglecting data security.
