Posts by workweek
Travel Often?
Travel Often? Travel nursing agency AMN Healthcare recorded $1.36B in Q4 revenue, a 116% increase from Q4 2020 revenue (link). Even more impressive: AMN’s net income jumped 363% in 2021. The increased demand for nurses during the omicron surge is likely to thank for the uptick in revenue and net income. AMN Healthcare isn’t alone,…
Read MoreHospital Bed & Breakfast
MyMichigan Health announced it will officially launch a hospital at home (HaH) program, joining 100+ other U.S. hospitals that are trying to deliver high-value care. While the HaH concept has been around for over two decades, only now is it starting to take off. HaH 101 HaH programs allow for intensive care in the comfort…
Read MoreA New Healthcare Startup Trend: Consolidation
Specialty care telehealth platform Thirty Madison will merge with women-focused healthcare company Nurx (link). Given the digital health market is oversaturated with companies, this merger may mark the beginning of a new M&A trend in the digital health space. The DeetsThirty Madison is a specialty care company focusing on chronic conditions. The company provides care…
Read MoreBiogen Sells Out and Buys In
BUSINESS Biogen Sells Out and Buys In Biogen is selling its equity stake in a joint venture with Samsung Biologics and buying into Roche’s cancer drug mosunetuzumab. These business moves will likely bring in billions of dollars of revenue over the years, helping the company bounce back from the financial struggles of its Alzheimer’s drug…
Read MorePfizer Kicked Butt in 2021
Pfizer raked in $81B in revenue last year, nearly doubling its revenue from 2020 (link). You don’t have to be a mad scientist to guess what drove Pfizer’s revenue: sales from Comirnaty (Covid-19 vaccine) and Paxlovid (Covid-19 antiviral). The Deets Pfizer reached $36.8B in Comirnaty sales in 2021—a world record for any drug or vaccine.…
Read MoreThe 2021 Digital Health Explosion
A new Rock Health report showed digital health funding in 2021 nearly doubled from $14.9 billion to $29.1 billion, the largest year-to-year increase ever. The Deets The number of deals in 2021 increased by 50% to 729 deals. 2021 had some of the largest digital health deals ever, with 88 mega deals (over $100 million raised) accounting for…
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