Friday Five – Top 2023 Stories
As we bid farewell to 2023, it’s time to reflect on the pivotal moments that shaped the healthcare landscape over the past year. From biopharma’s top IPOs and the top health care business bankruptcies to health data usability advancements and new models for providing quality healthcare, the year unfolded with a series of stories that captivated our attention and significantly impacted the way we view and approach healthcare. This week’s Friday Five highlights HCNR stats, top reports from Health IT Answers, and some of the top healthcare stories of 2023.
Healthcare NOW Radio by the Numbers
- Listeners on the radio
- 2023 = 551055
- All time listeners = 2.5 million
- Top countries listening to the radio:
- United States
- India
- France
- Canada
- Pakistan
- 2023 Episodes = 843
- 2023 Plays = 552,389
- 2023 Shows = 40
5 Top Stories of 2023
- From the World Economic Forum, WHO declares loneliness a health threat, and other health stories you need to know this week.
- From Benefits Pro, the disruption of Pharmacy Benefit Management, The PBM unbundling has begun: How Blue Shield of California and others are embracing new models.
- From aboutAmazon.com,Amazon introduces compelling new health care benefit for Prime members for only $9 a month (or $99 a year)
- From Google Research, Med-PaLM, a large language model designed for the medical domain was launched this December.
- From The Sequoia Project, Data Usability Takes Root Nationwide Through a Joint Project Between The Sequoia Project and AHIMA. Initiative gets support from HCA, Epic, HIMSS EHRA, and Civitas among others.
5 Top Health Care Business Bankruptcies
Rite Aid
Seeks Chapter 11 bankruptcy protection as it deals with lawsuits and losses. October 16, 2023
Envision Healthcare
Aprovider of outsourced emergency department services to hospitals that is backed by private equity firm KKR (KKR.N), received US bankruptcy court approval on Wednesday to split into two companies and cut over $7 billion in debt.
American Physician Partners
Files Chapter 11 Petitions as it finalizes orderly wind down, Sept 18, 2023
Babylon Health
Babylon Inc. and Babylon Healthcare Inc. are the two entities filing Chapter 7. There are hundreds of creditors, but as is typical in Chapter 7 bankruptcy, only the creditors secured by collateral will have some chance of being paid something on the dollar. August 2023
Pear Therapeutics
The Company intends to continue scaled-down operations during the Chapter 11 as it seeks to execute an expedited sale process. Having reached a settlement prior to the filing with its lender, Pear intends to use available cash to fund post-petition operations and costs in the ordinary course of its business. April 2023
Biopharma’s top 5 IPOs of 2023
Acelyrin
The IPO: $540 million in May
Apogee Therapeutics
The IPO: $345 million in July
RayzeBio
The IPO: $358 million in September
Neumora Therapeutics
The IPO: $250 million in September
Mineralys Therapeutics
The IPO: $192 million in February
Source: PharmaVoice
ICYMI – Our other Friday Fives and Blog posts from HCNR’s Nurse Lauren.