Latest news with #medicalservices
Yahoo
8 hours ago
- Health
- Yahoo
Humana to reduce prior authorization requirements
(Reuters) -Humana said on Tuesday it would eliminate about one-third of prior authorizations for outpatient services by January 1, 2026. 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
New York Times
a day ago
- Health
- New York Times
An Attack on the Medical Establishment Buried in a 1,800-Page Regulation
For decades, the prices Medicare pays doctors for different medical services have been largely decided not by Medicare itself, but by a powerful industry group, the American Medical Association. An committee meets in secret to determine the difficulty and time demands of each type of medical visit, test and procedure, and then recommends to Medicare how much doctors should be paid for performing them. And for decades, critics have complained that this process unfairly rewards surgeons and other specialists, at the expense of primary care physicians and other generalists. Medicare officials have been loath to change it because it has spared them from needing their own staff and budget to make such pricing decisions, along with the unpleasant politics of adjudicating conflicts between competing groups of physicians. But a change buried inside a 1,803-page proposed regulation published last Monday suggests the Trump administration would like to move away from this longstanding system. If finalized, it could begin overturning a process that has entrenched pay advantages for certain kinds of doctors. 'We're modernizing Medicare by correcting outdated assumptions in how physician services are valued,' said Chris Klomp, a deputy administrator of the Centers for Medicare and Medicaid Services, in an email. Want all of The Times? Subscribe.
National Post
5 days ago
- Business
- National Post
SBC Medical Group Acquires MB Career Lounge: "JUN CLINIC" Joins the Group, Strengthening Competitive Position in a Growing Market
Article content IRVINE, Calif. — SBC Medical Group Holdings Incorporated (Nasdaq: SBC) ('SBC Medical' or the 'Company'), a global franchise and provider of services for aesthetic clinics, announced that, on July 17, 2025, it acquired MB career lounge, Co., Ltd. ('MB career lounge'), a privately-held provider of management support services for medical institutions, specializing in consulting, training, and human resources solutions in Japan, through a share purchase transaction for cash consideration. Article content Through this transaction, JUN CLINIC, operated by Medical Corporation Misakikai and supported by MB career lounge, will join SBC Medical's clinic network, contributing to portfolio diversification and is expected to enhance revenue stability. Article content 'The surging demand for personalized aesthetic solutions, particularly 'Customized Laser Treatment,' underscores a rapidly expanding market. JUN CLINIC's proven success in diverse environments, from the developing regional market of Nagano to the highly competitive urban centers of Ginza and Shirokane, demonstrates a robust and easily scalable business model poised for nationwide expansion. By combining our strengths with MB career lounge and JUN CLINIC, we will strengthen our portfolio of aesthetic dermatology and plastic surgery services, enhancing our ability to serve our customers more effectively and further positioning the Company to capitalize on the growing demand for high-quality aesthetic medical services,' said Yoshiyuki Aikawa, Founder and Chief Executive Officer of SBC Medical. 'This acquisition marks another important step in our growth strategy, accelerating regional expansion, diversifying service offerings, and reinforcing our commitment to driving long-term shareholder value. We look forward to welcoming the MB career lounge and JUN CLINIC team and working together to drive continued success.' Article content Japan's aesthetic medicine market reached ¥631 billion in 2024, representing year-over-year growth of 6.2%, and is expected to continue its steady expansion.* Against this backdrop, SBC Medical is pleased to welcome JUN CLINIC—an established provider of both aesthetic dermatology and plastic surgery services—into its growing clinic network. Article content JUN CLINIC is a network of clinics across multiple locations, including Shirokane, Ginza, Tama Plaza, Yokohama, and Nagano, serving a diverse customer base across both metropolitan and regional areas. Renowned for its personalized treatment approach, the clinic offers a comprehensive suite of services including laser therapies, injectables, and thread lifts, all tailored to individual skin conditions and administered under the supervision of a board-certified dermatologist. Article content This acquisition enables SBC Medical to accelerate regional expansion, broaden its customer base and strengthen its business model by reducing reliance on any single procedure or geography. With JUN CLINIC's long-standing reputation and stable revenue base, the acquisition is expected to enhance SBC Medical's financial performance. Looking ahead, SBC Medical will continue to pursue strategic acquisitions and partnerships with high-quality medical institutions to support long-term growth and drive greater corporate value within the healthcare industry. Article content The addition of this sophisticated treatment platform aligns with SBC Medical's strategy of diversifying its service offerings and expanding its portfolio to embrace the significant trend of personalized medicine. The global demand for customized, non-invasive aesthetic solutions has the potential to achieve meaningful and durable growth. SBC Medical endeavors to capture this high-value market segment, including through integration of JUN CLINIC's proven model and its team of highly skilled professionals—validated by their role as a certified facility for the prestigious Customized Treatment Study Group. Article content (*Source: Yano Research Institute Ltd., 'Survey on Japan's Aesthetic Medicine Market 2025') Article content About MB career lounge, Co., Ltd. Article content MB career lounge, Co., Ltd. is a consulting firm specializing in the aesthetic medical industry. MB career lounge offers a wide range of training and networking programs designed to enhance the knowledge, skills, and career development of doctors, nurses, and clinic managers. In addition to educational initiatives, MB career lounge provides comprehensive consulting services, including support for clinic startups, marketing strategies, operational optimization, management structure development, and selection and implementation of aesthetic medical devices. MB career lounge also provides management support for JUN CLINIC, operated by the medical corporation Misakikai. MB career lounge's mission is to help clinics solve management challenges, achieve sustainable growth, and build trusted practices that patients choose. (Japanese only) Article content Transaction Overview Article content About SBC Medical Article content SBC Medical, headquartered in Irvine, California and Tokyo, Japan, owns and provides management services and products to cosmetic treatment centers. The Company is primarily focused on providing comprehensive management services to franchisee clinics, including but not limited to advertising and marketing needs across various platforms (such as social media networks), staff management (such as recruitment and training), booking reservations for franchisee clinic customers, assistance with franchisee employee housing rentals and facility rentals, construction and design of franchisee clinics, medical equipment and medical consumables procurement (resale), the provision of cosmetic products to franchisee clinics for resale to clinic customers, licensure of the use of patent-pending and non-patented medical technologies, trademark and brand use, IT software solutions (including but not limited to remote medical consultations), management of the franchisee clinic's customer rewards program (customer loyalty point program), and payment tools for the franchisee clinics. For more information, visit Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements are not historical facts or statements of current conditions, but instead represent only the Company's beliefs regarding future events and performance, many of which, by their nature, are inherently uncertain and outside of the Company's control. These forward-looking statements reflect the Company's current views with respect to, among other things, the Company's acquisition of MB career lounge, product launch plans and strategies; growth in revenue and earnings; and business prospects. In some cases, forward-looking statements can be identified by the use of words such as 'may,' 'should,' 'expects,' 'anticipates,' 'contemplates,' 'estimates,' 'believes,' 'plans,' 'projected,' 'predicts,' 'potential,' 'targets' or 'hopes' or the negative of these or similar terms. The Company cautions readers not to place undue reliance upon any forward-looking statements, which are current only as of the date of this release and are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. The forward-looking statements are based on management's current expectations and are not guarantees of future performance. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. Factors that may cause actual results to differ materially from current expectations may emerge from time to time, and it is not possible for the Company to predict all of them; such factors include, among other things, changes in global, regional, or local economic, business, competitive, market and regulatory conditions, and those listed under the heading 'Risk Factors' and elsewhere in the Company's filings with the U.S. Securities and Exchange Commission (the 'SEC'), which are accessible on the SEC's website at Article content Article content Article content Article content Contacts Article content Hikaru Fukui / Head of Investor Relations Article content Article content E-mail: Article content ir@ Article content Article content Akiko Wakiyama/ Head of Public Relations Article content Article content E-mail: Article content pr@ Article content ICR LLC (In the US) Article content Article content Bill Zima / Managing Partner Article content Article content Article content
CTV News
6 days ago
- Health
- CTV News
Costco-turned-clinic almost ready to open in St. John's
The trend of putting medical services in retail spaces is coming to St. John's, N.L., with a former Costco being remade to ease congestion at nearby hospitals. Construction crews in St. John's, N.L., are heading into the final stretch of an ambitious renovation — turning an abandoned big box store into Newfoundland and Labrador's newest health hub. Officials say the ambulatory health hub and urgent care clinic coming to a former Costco warehouse is set to open Oct. 21. In a bid to ease crowding and traffic, it will bring services and patients from other hospitals into the new location. 'Things, in this facility, are where they need to be, rather than where they can be,' said Greg Browne, a manager of infrastructure at Newfoundland and Labrador Health Services. That's a contrast to other hospitals in the city — Browne said the second newest facility, the Health Sciences Centre, is approaching 50 years old. 'Stuff is designed, purpose built for patient care, rather than retrofitted and poked in, you know, where it can fit.' The health board will pay around $4 million each year to lease the space, which is being constructed by a group of contractors calling themselves Newfoundland and Labrador Health Alliance. The creation of the new clinic space was kick-started, Browne said, with the decision to rent a renovated building, rather than construct something from scratch. 'Despite the fact that renovations have been very extensive, having a structure in place already vastly sped up the project,' Browne said. Officials say it also helped that the existing Costco layout was already open, with very little rooms or other existing infrastructure to remove or work around. One of the biggest construction jobs on site was the creation of a second floor throughout the building — something that wasn't there when the Costco's last checkout line closed in 2019. 'The second floor is poured in sections, which is part of the reason that the second floor is a bit further along than the first,' said Kim Pike, a clinical planner for the provincial health board. 'The second floor was ready to start work before we could start downstairs.' The new clinic will handle X-rays, ultrasounds, blood collection and other services where overnight hospitalization is not required. The urgent care wing will be equipped to handle non-life-threatening injuries. The site will also add two new MRI machines to the province's health care system. The location is already well-known to many people in St. John's and health officials hope that makes it easier for people to adapt to the new location for health care services when appointments get moved in October. Analysts and real-estate industry insiders call it 'medtail' — the marriage of medical services into commercial spaces like strip malls or shopping centres. While Newfoundland and Labrador Health Services has launched an ambitious entry into the genre, Browne said it's not the only one of its kind, and he's confident it won't be the last. 'I was at a clinic in Halifax that is being constructed in a former car dealership,' he said. 'This is a model that is being rolled out in other areas of the country as well.'
Yahoo
15-07-2025
- Health
- Yahoo
Hoag expands care network with new health centre in US
Nonprofit health care delivery system Hoag has opened a new centre in the US, marking the 13th addition to its network of care facilities. The new Hoag Health Center San Clemente aims to enhance access to personalised healthcare for residents of South Orange County, California. With a 20,000ft2 space, the centre provides a range of services. The facility's broad spectrum of medical offerings encompass primary care, internal medicine, family medicine, and urgent care. Patients can also access obstetrics and gynaecology, advanced imaging, radiology, and specialties such as spine, neuroscience, pain management, and orthopaedic services provided by surgeons from Hoag Orthopedic Institute. Hoag president and CEO Robert Braithwaite said: "We've built Hoag Health Center San Clemente with our community in mind by integrating cutting-edge technology, a multidisciplinary care model, and a patient-first design to deliver the most advanced care possible.' The Hoag centre is also introducing programmes to promote health and longevity. It is piloting the Hoag Health Lab, which focuses on key health pillars: exercise, nutrition, sleep and community. It provides patients with baseline evaluations through various assessments. Additionally, the centre features a 3,000ft2 outdoor patio for hosting wellness classes along with activities. Another significant programme at the centre is Hoag Compass, an integrated preventive health programme. This initiative blends biomarker testing, specialist consultations, digital tools, and tailored action plans to assist patients in comprehending their health risks and making sustainable lifestyle changes. Patients visiting the new Hoag centre will experience a connected and collaborative model of care. The centre offers an open layout with clean architectural lines and a light-filled lobby designed to offer a spa-like atmosphere. In November 2023, Hoag received a $50m donation from philanthropist Richard Pickup for the establishment of the Richard H Pickup Center for Brain Health. "Hoag expands care network with new health centre in US" 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
