Tag Archives: Billion

Digital health start-up once worth $1.5 billion is racing to keep lights on as investors flee

Proteus Digital Health CEO Andrew Thompson Qin Chen | CNBC Proteus Digital Health has spent two decades trying to develop “smart pills” that can be used to tell a smartphone app whether patients have taken their medications. The technology was so promising that, three years ago, investors valued the company at $ 1.5 billion. But… Read More »

Donors pledge $2.6 billion for ‘last mile’ of polio eradication

FILE PHOTO: A child receives free polio vaccine during a government-led mass vaccination program in Quezon City, Metro Manila, Philippines, October 14, 2019. REUTERS/Eloisa Lopez/File Photo LONDON (Reuters) – Donor governments and philanthropists pledged $ 2.6 billion on Tuesday to help fund a worldwide polio eradication plan that has taken decades to reach what global… Read More »

Unnecessary healthcare supply chain spending reaches almost $26 billion; savings opportunities remain

Unnecessary hospital spending on supply chain products and related operations and procedures has reached about $ 25.7 billion a year, according to an annual analysis by Navigant. The potential savings opportunity represents a 11.8% surge from 2017, representing $ 2.7 billion. For individual hospitals, the average total supply expense reduction opportunity by percent remained steady… Read More »