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…
Elevance Health, the parent company of Anthem Blue Cross and Blue Shield, has finalized its acquisition of Indiana University Health Plans, a managed care organization affiliated with Indiana University Health. The financial terms of the deal remain undisclosed. With the…
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.…
Healthcare spending in the United States reached a record-breaking $4.9 trillion in 2023, growing at a rate of 7.5% compared to 4.6% in 2022. This surge, highlighted by a new report from the Office of the Actuary at the Centers…
