Thursday, December 1, 2022: Health IT

Amazon Web Services (AWS) launched a new genomics service, called Amazon Omics, to run IT-heavy bioinformatics workflows for health care and life sciences companies. AWS built the service to help bioinformaticians, researchers, and scientists store, analyze, and...

Thursday, December 1, 2022: Health IT

General Electric Co. set the terms for the spinoff of its health care division, putting an initial value of roughly $31 billion on the soon-to-be-public company. The separation is set for January 3 after the markets close. Following the health care spinoff, it plans...

Thursday, December 1, 2022: Payers

The latest Peterson-KFF Health System Tracker examines the prices for medical care compared to other goods and services. Overall, consumer prices in October grew 7.7 percent according to the Consumer Price Index, while prices for medical care grew 5 percent. The brief...

Thursday, December 1, 2022: Providers

Kaufman Hall’s latest Hospital Flash Report indicates that the hospital sector is on track to end the year with negative margins. In October, operating margins declined 2 percent from the previous month and were down 13 percent from a year ago. Costs increased 1...