A bipartisan Senate report has found private equity (PE) ownership of hospitals has led to detrimental effects, including reduced quality of care, understaffing, and increased healthcare costs. The investigation, spearheaded by Senate Budget Committee Chairman Sheldon Whitehouse (D-R.I.) and Ranking…
Resilience Amid DeclineThe health services sector demonstrated resilience in dealmaking through November 15, 2024, despite a 9% decline in deal volumes compared to 2023. While volumes remain below the peak levels of 2022, they are still nearly 70% higher than…
The Department of Health – Abu Dhabi (DoH), in partnership with the Authority of Social Contribution – Ma’an, has allocated over AED 19 million in grants through the Healthcare Research and Innovation Fund. These grants aim to propel advancements in…
UAE Abu Dhabi based Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has acquired an 80% stake in Global Medical Supply Chain (GMSC) and Al Ittihad Drug Store (IDS) from GlobalOne Healthcare Holding (GHH). This acquisition aims to bolster Mubadala’s…
Smart ring pioneer ŌURA has raised $200 million in a Series D funding round, propelling the company’s valuation to $5.2 billion. The round includes a $125 million infusion following a $75 million investment from medical device giant Dexcom last month.…
