Latest news with #governmenthospitals
Yahoo
3 days ago
- Business
- Yahoo
Hologic Focuses on Breast Health Turnaround This Year: Can It Deliver?
Hologic HOLX has built a resilient Breast Health business, with its mammography products holding a leading market share. The division struggled this year, with revenues decreasing 2.1% and 6.9% in the first and second quarters of fiscal 2025, respectively, due to an anticipated slowdown in soft capital equipment sales and budget constraints among private and government hospital customers abroad. Nonetheless, Hologic expects Breast Health to return to healthy growth in the fourth quarter. A new leadership team is now in place and has already made progress in three key areas, setting the stage for better future growth. One of these was to create a clear separation between the capital and disposable product sales representatives, aligning the different skill sets required for these sales processes. Hologic believes that this reorganization, along with a more defined selling strategy, will lead to a clearer focus and improved performance within its commercial channels. In addition, the sales team has refined its end-of-life strategy for aging gantries that remain in the field. With clear visibility into the locations of these older units, Hologic is launching a new offensive strategy that actively encourages customers and its sales reps to pursue upgrading them. The Endomagnetics acquisition in 2024 expanded Hologic's presence in the interventional breast health market, adding wireless breast surgery localization and lymphatic tracing solutions to its portfolio. The business presumably entered the second half of fiscal 2025 with strong momentum. Hologic has implemented a direct sales approach for Endomagnetics products in North America, replacing the previously used distributor. Service revenues tend to provide greater stability, rising 12% year over year in the second quarter and accounting for 21% of Hologic's total revenues. With Endomagnetics now a part, Hologic has enough scale to emphasize more on recurring revenues, alongside a capital sales focus. This is expected to support the upcoming Envision platform launch and also maximize the reach of Endomag products and services. Updates From Hologic's Breast Health Peers GE Healthcare GEHC and RadNet RDNT are two prominent players competing with Hologic in the breast health space. GEHC recently announced the commercial availability of an advanced floor-mounted digital X-ray system, Definium Pace Select ET, to deliver high-image quality and optimize efficiency in highly demanding environments while enhancing access and affordability. GE Healthcare's Women's Health products use X-ray technology to help clinicians screen for and diagnose breast cancer, as well as bone and metabolic diseases in women. RadNet's subsidiary, DeepHealth, recently completed the acquisition of iCAD, Inc. — a global leader in AI-powered breast health solutions. The addition of iCAD's extensive AI portfolio, including breast cancer detection, risk evaluation, breast density and breast arterial calcification assessment, significantly boosts RadNet's Digital Health segment. HOLX Stock Performance, Valuation and Estimates Over the past year, Hologic shares have declined 20.4% compared with the industry's 10.5% fall. Image Source: Zacks Investment Research Hologic is trading at a forward 12-month price-to-earnings of 3.45X, lower than the industry average of 4.17X. The stock carries a Value Score of B at present. Image Source: Zacks Investment Research Hologic's fiscal 2025 and 2026 EPS estimates have shown a bearish trend over the past 90 days. Image Source: Zacks Investment Research HOLX stock currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 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 Hologic, Inc. (HOLX) : Free Stock Analysis Report RadNet, Inc. (RDNT) : Free Stock Analysis Report GE HealthCare Technologies Inc. (GEHC) : 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
Yahoo
3 days ago
- Health
- Yahoo
No official talks with Jakarta to hire Indonesian nurses for Malaysian public hospitals, says health minister
KANGAR, Aug 9 — The Health Ministry today said there have been no discussions or official requests on a proposal to hire nurses from Indonesia for government hospitals. Datuk Seri Dzulkefly Ahmad said the ministry is aware of the matter raised by Indonesian Consul-General in Johor Bahru Sigit S. Widiyanto, which has received positive response from Malaysian health and worker groups like Cuepacs and the Malayan Nurses Association. 'The fact is there has been no official discussion and the Health Ministry has not received any formal request,' he was quoted by Berita Harian as telling reporters here after attending the 2025 Healthy for All Carnival in conjunction with the Silver Jubilee of the reign of the Raja of Perlis, Tuanku Syed Sirajuddin Putra Jamalullail. Widiyanto had said the move to bring in Indonesian nurses to serve in Malaysian government hospitals would be a 'win-win' situation, noting that about 70 per cent of foreign patients in Malaysia are from Indonesia. Dzulkefly said Malaysia's Heath Ministry is working on the placement of community nurses who graduated from the Promotion Through Appointment programme but are still waiting for permanent postings. He said about 1,800 such nurses nationwide would be placed in their existing localities to fill vacancies, with the process now underway. 'We expect their appointments will at least help fill the existing nurse shortages, and the process will be completed as soon as possible,' he said.
Malay Mail
3 days ago
- Health
- Malay Mail
No official talks with Jakarta to hire Indonesian nurses for Malaysian public hospitals, says health minister
KANGAR, Aug 9 — The Health Ministry today said there have been no discussions or official requests on a proposal to hire nurses from Indonesia for government hospitals. Datuk Seri Dzulkefly Ahmad said the ministry is aware of the matter raised by Indonesian Consul-General in Johor Bahru Sigit S. Widiyanto, which has received positive response from Malaysian health and worker groups like Cuepacs and the Malayan Nurses Association. 'The fact is there has been no official discussion and the Health Ministry has not received any formal request,' he was quoted by Berita Harian as telling reporters here after attending the 2025 Healthy for All Carnival in conjunction with the Silver Jubilee of the reign of the Raja of Perlis, Tuanku Syed Sirajuddin Putra Jamalullail. Widiyanto had said the move to bring in Indonesian nurses to serve in Malaysian government hospitals would be a 'win-win' situation, noting that about 70 per cent of foreign patients in Malaysia are from Indonesia. Dzulkefly said Malaysia's Heath Ministry is working on the placement of community nurses who graduated from the Promotion Through Appointment programme but are still waiting for permanent postings. He said about 1,800 such nurses nationwide would be placed in their existing localities to fill vacancies, with the process now underway. 'We expect their appointments will at least help fill the existing nurse shortages, and the process will be completed as soon as possible,' he said.
