To Nikhil Krishnan, healthcare is kind of an uptight industry. He finds that people don’t speak clearly or casually about how things work. That lack of clarity causes a lot of problems for the person on the receiving end, who’s left with meaningless words. While he was an industry analyst for CB Insights, a data company that builds platforms to predict technology trends, the company was leaning into newsletters to get people more interested in their work. Krishnan focused on healthcare because, as he says, the other analysts took all the good industries.
One Medical brand clinic operator 1Life Healthcare is the IBD Stock Of The Day as ONEM stock broke out past a buy point and to record high Tuesday. The Covid vaccine rollout and a "top idea" call from a Wall Street analyst are both giving the fast-growing 2020 IPO a shot of momentum.
Despite the toll that the COVID-19 pandemic took on the healthcare system in 2020, primary care company Aledade experienced its biggest year of growth yet. The seven-year-old startup, which helps independent primary care practices and clinics get paid based on how well they take care of patients, now works with about 800 practices in 31 states, up from about 555 practices in 27 states a year ago.
Astria Health in the Yakima Valley has finalized a $75 million loan from MultiCare Health System, a major step in exiting bankruptcy. The deal with the Tacoma-based health care system came together in weeks last month and puts Astria in a better financial position. The U.S. Bankruptcy Court approved Astria's reorganization plan last month, which was amended to factor in the loan. With the loan finalized, the reorganization plan is now in effect.
Dayton Children's Hospital has received a six-figure gift from a foundation led by the former CEO of one of Southwest Ohio's largest staffing companies.
Even with the rollout of a vaccine — a literal and figurative shot in the arm for an overworked front-line staff — hospitals could spend months or years digging out of the financial hole that months of reduced volume and extra costs have wrought.