Latest news with #MedicalGroup
Saudi Gazette
29-05-2025
- Health
- Saudi Gazette
Driving transformational change in healthcare institutions: From vision to impact
Starting significant transformation inside a healthcare company is no easy task. Along with strategy and leadership, it calls for tenacity, evidence-based judgment, and a strong awareness of the human factor. Rising healthcare expenses, an aging population, and the weight of chronic diseases put institutions all around under more and more pressure to fundamentally rather than just incrementally change. The World Health Organization estimates that, at $9.8 trillion in 2022, global health spending accounted for about 10% of the world GDP. In the Middle East, Saudi Arabia alone allocated more than $50 billion to healthcare, representing 17% of its total budget. Many systems nonetheless suffer with inefficiency, inadequate patient experiences, and burnout among healthcare professionals despite these expenditures. Most healthcare institutions in the region urgently require change to guarantee long-term financial viability and help to slow the significant rise in healthcare expenses. Many health systems run the danger of being financially unsustainable within the next ten years without aggressive structural changes. Digital health is among the most strong transformational accelerators available. One striking illustration comes from Estonia, where 99% of medical records are digital and available to patients and clinicians alike. Along with better results and openness, this change cut administrative expenses by more than 40 %. In Saudi Arabia, too, the Tele-Stroke Program run by Dr. Sulaiman Al Habib Medical Group uses remote neurology consultations and artificial intelligence to identify strokes in real time. Consequently, the door-to
Yahoo
23-05-2025
- Business
- Yahoo
Is atai Life Sciences (ATAI) Outperforming Other Medical Stocks This Year?
The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. atai Life Sciences N.V. (ATAI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. atai Life Sciences N.V. is a member of our Medical group, which includes 997 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. atai Life Sciences N.V. is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for ATAI's full-year earnings has moved 0.8% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Our latest available data shows that ATAI has returned about 43.6% since the start of the calendar year. In comparison, Medical companies have returned an average of -6.3%. As we can see, atai Life Sciences N.V. is performing better than its sector in the calendar year. Another stock in the Medical sector, Cardinal Health (CAH), has outperformed the sector so far this year. The stock's year-to-date return is 29.6%. Over the past three months, Cardinal Health's consensus EPS estimate for the current year has increased 2.3%. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, atai Life Sciences N.V. is a member of the Medical - Outpatient and Home Healthcare industry, which includes 17 individual companies and currently sits at #84 in the Zacks Industry Rank. On average, this group has gained an average of 3.7% so far this year, meaning that ATAI is performing better in terms of year-to-date returns. On the other hand, Cardinal Health belongs to the Medical - Dental Supplies industry. This 14-stock industry is currently ranked #42. The industry has moved -1% year to date. Investors interested in the Medical sector may want to keep a close eye on atai Life Sciences N.V. and Cardinal Health as they attempt to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report atai Life Sciences N.V. (ATAI) : Free Stock Analysis Report Cardinal Health, Inc. (CAH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
BBC News
11-03-2025
- Health
- BBC News
Bishop Auckland patients protest against closure of a surgery
Campaigners opposed to the closure of a GP surgery have warned it could leave some patients unable to get to with Save Our Surgery placards gathered outside the St Helen Auckland facility in Bishop Auckland, County Durham on Monday after 300 people signed a petition against the Medical Group, which runs the surgery, said the "unsuitable" building does not meet accessibility requirements and was "not fit for purpose". It said all patients have been sent a questionnaire on the plans to help inform its decision and to "continue to provide the highest standard of care for our patients". A joint letter signed by county councillors has also been sent to the group claiming the closure "would deprive the community of essential healthcare services". The group said its alternative sites in Toft Hill and Bishop Auckland was "better-suited".A letter to patients said: "The corridors and consulting rooms present challenges for patients who may be in a wheelchair."There are similar difficulties for paramedic teams to treat and transfer patients from the clinical rooms." Richard Wade said his sister Wendy Wade, who uses a rollator and mobility aid for walking, will struggle to visit other surgeries because there is no direct bus services between St Helen Auckland and Toft to the Local Democracy Reporting Service, he said: "How are they going to cope in Bishop Auckland if everybody from this area has to travel down there? "We should get a new purpose-built surgery."A spokesperson for the Auckland Medical Group said: "We have recently launched an engagement exercise to gather views on the proposed closure of the St Helen Auckland branch. "We have sent a questionnaire to all of our patients and we encourage them and other stakeholders to share their views on this proposal". Follow BBC Tees on X, Facebook, Nextdoor and Instagram.
Yahoo
05-02-2025
- Business
- Yahoo
BayCare acquires 36-acre property to support growth
BayCare, a health care provider in West Central Florida, has acquired a 36-acre office parcel in Tampa Bay Park, adjacent to its St. Joseph's hospitals' campus, for strategic growth and service consolidation. The newly acquired property, which includes three buildings and two parking garages, represents a more than 75% increase in BayCare's property holdings in the West Tampa neighbourhood. The acquisition encompasses the LakePointe One, LakePointe Two, and Spectrum buildings within the Tampa Bay Park, adding 615,656ft² of office space and 2,501 parking spaces to BayCare's assets. BayCare plans to use the space to expand its Medical Group physician practice, centralise services from leased offices, and establish a headquarters for its graduate medical education (GME) and research programmes. BayCare president and CEO Stephanie Conners said: "The opportunity to buy such a large piece of property contiguous to one of our largest medical campuses provides us with the opportunity to expand important speciality services for our patients and communities. This expanded campus will serve the entire region as a medical destination for speciality care." BayCare is currently engaging with the current tenants of the facilities to maintain lease agreements. The transition of BayCare offices and clinics to this new property will be gradual. The long-term vision includes a new vehicular bridge connecting the property to the hospitals' campus, enhancing the integration of services with St. Joseph's hospitals. BayCare has also announced significant developments for St. Joseph's Children's Hospital, with a new facility expected by 2030. St. Joseph's Hospital and its trauma centre continue to be vital for acute and speciality care in the region. In addition, BayCare aims to grow its GME programmes by 2029 to 650 residents. It is currently expecting to have up to 283 residents across 18 programmes by mid-year, serving the primary counties of Pasco, Hillsborough, Pinellas, and Polk. "BayCare acquires 36-acre property to support growth" was originally created and published by Hospital Management, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
