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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Wellness is another growth area on social media that has attracted influencers who offer advice without any medical experience and are seeking to sell products or services....
April 23, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Healthcare costs
Bupa faces UK doctors’ rebellion over private healthcare fees
..., HCA International or Circle Health Group, with the fees paid for by patients, the NHS or insurers....
October 24, 2023
LexWalmart Inc
Even Walmart cannot crack America’s dysfunctional healthcare market Premium content
...For good reason: the US spent an estimated $4.5tn on healthcare services in 2022, according to the Centers for Medicare and Medicaid Services....
May 2, 2024
News in-depthNHS England
Does going private hurt the NHS?
...the public sector, as the group set out a new profit growth target for this line of its business....
May 10, 2024
Indian business & finance
Private equity targets India’s healthcare sector with record investments
...With India in the middle of national elections, the incumbent Bharatiya Janata party — led by Prime Minister Narendra Modi — has promised to improve health services....
May 9, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
News in-depthHealthcare costs
‘I don’t have a choice’: UK patients turn to medical loans for treatment costs
...The bank’s retail lending arm provides loans for Spire Healthcare and Circle Health Group, two of the UK’s largest hospital groups....
May 4, 2024
Due Diligence
Death and succession at Berkshire Premium content
...Houlihan Lokey has hired Erik Kistler as a managing director in the healthcare group. He previously worked for Moelis....
May 7, 2024
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
Spire Healthcare boosted by NHS waiting lists and medical insurance growth
...Spire has been expanding in complementary services and in October paid £74mn for Vita Health Group, a mental health provider....
February 29, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
April 5, 2024
Unhedged
Berkshire’s next move Premium content
...They pointed out, approvingly, that the group managed to track the index while holding a large cash reserve. But holding cash for cash’s sake does not earn companies a gold star....
May 8, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...“Misaligned incentives across the US healthcare system have led to meaningful delays and barriers to biosimilar adoption, resulting in significant missed opportunities for healthcare savings,” the Swiss...
April 25, 2024
News updates from May 1: Fed signals that rates will remain higher for longer; Yen gains amid intervention speculation
CVS Health shares drop 11% after it warns of higher medical costs
...CVS Health also offers pharmacy, retail and healthcare services, which allowed the group to report that total first-quarter revenue grew about 3.7 per cent to $88.4bn....
May 1, 2024
LexHealthcare costs
US healthcare: the Medicare gold rush is on Premium content
...Unlike the traditional fee for service model, the value-based approach rewards doctors for keeping patients healthy, rather than for every service they perform....
December 5, 2023
Gillian Tett
Companies must rethink how they handle cyber risk
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
April 18, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Healthcare
US healthcare bankruptcies soar as costs mount
...In the past five years, private equity groups have backed about $140bn of US healthcare deals, making it the third most active sector behind technology and financials according to figures from Refinitiv....
January 5, 2024
InterviewWes Streeting
NHS should ‘seek to use’ private healthcare capacity, Wes Streeting says
...He said: “I say to some of those online campaign groups . . . instead of campaigning at politicians saying ‘don’t use the private sector’, why don’t you campaign at your professional colleagues who spend...
March 24, 2024
Gig economy
EU ministers approve ‘status quo’ rules for gig economy workers
...Early estimates by the European Commission said the regulations would push up prices for services from companies such as Uber and Bolt by 40 per cent....
March 11, 2024
FT Asset Management
Berkshire after Buffett
...The New York-based investment group is considering acquiring an infrastructure investor or a lender with a focus on originating securitised debts backed by assets such as aircraft or rental equipment....
May 6, 2024
Amazon.com
Amazon hopes anti-obesity drug demand will boost pharmacy business
...The group acquired healthcare provider One Medical in 2022 and last year announced the rollout of RxPass, which allows Prime members to order an unlimited amount of some unbranded prescription medications...
March 26, 2024
Rutherford Hall
Never call yourself a futurist
...I’ve got another meeting with Wes Streeting and Peter Kyle about AI in the health service tomorrow. Feel like I am making headway....
April 8, 2024
Amazon.com
Amazon cloud sales growth accelerates as group prepares for more AI spending
...The acceleration in sales at Amazon Web Services, a critical profit driver for the ecommerce group, came as businesses spent more on cloud computing services, including new generative AI tools....
April 30, 2024
Due Diligence
Man or Machine: Wall Street banks prefer scale Premium content
...Raghavan has been the key operator to the group’s growing foothold in Europe....
February 27, 2024
Pfizer Inc
Pfizer plans direct-to-consumer platform for Covid and migraine treatments
...Pharma groups were realising that “the best way to convert customers is through patient portals where they can act as a consumer in medicine”, added Mackey....
May 1, 2024
ExplainerScottish National Party
What is the SNP legacy as John Swinney takes on the mantle in Scotland?
...Health Troubled post-pandemic healthcare, as elsewhere in the UK, poses a particular challenge to Swinney’s ability to rebuild confidence in the SNP’s handling of public services....
May 8, 2024

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