Despite a lot of talk about reform, including a last hurrah for universal health coverage, stock analysts still consider health care stocks a safe haven for investors. Drug stocks often pay big dividends, and at recent prices the sector is filled with what look like bargains. The "all-star" list of Motley Fool is heavy on drug technology, with Medtronic and UnitedHealth Group joined to a collection of pharma all-stars. Some analysts call themselves bullish in the short, long and medium term. Rising demand and technology are the reason. Service companies that provide care are less-favored generally than drug and medical device makers. The gear is seen as more valuable than the service. Contrarians may argue that Americans spend more of their income on health care than people anywhere else, and most reform plans would cut that. But costs are rising under every system, the optimists respond. Medical technology has pricing power. Intuitive Surgical, which makes the … [Read more...] about Should health care remain a safe haven?
Health care stocks
Ebix, a fast-growing provider of e-commerce services to the insurance industry, made its move into health care today by buying A.D.A.M., which produces content tools for hospitals and health plans. Both companies are based in Atlanta, with Ebix located in the Sandy Springs area and A.D.A.M. based in Midtown. The price is $66 million in stock, about .3 share of Ebix for each share of A.D.A.M. In a press release announcing the deal, Ebix said it now has an end-to-end SAAS portal that can integrate everything from enrollment to claims, back-end processing and (now) e-learning solutions. A.D.A.M. offers the kind of consumer education many health insurers now want to add to their offerings, as they enter an era where capitation and fee-per-patient are the cool buzzwords. Ebix has been a hot stock lately, recording year-over-year growth of 51% despite a nasty economic environment, making it #3 (with a bullet) on Fortune's list of the 100 fastest-growing public companies. CEO Robin … [Read more...] about Ebix gets into health care market with A.D.A.M. buy
The health care equipment market made a major turn in 2007. (Picture from Intuitive Surgical.) The old dominance of gadgets and cosmetic surgery equipment gave way to that of Intuitive Surgical. Its DaVinci robotic surgeon has made it the Google of the health care sector. Just look at its one-year stock chart. ISRG now claims a P/E ratio of 105, double that of Google, and during 2007 its value grew nearly five times faster. I think this is important, in ways which go far beyond Intuitive's market success. The growth of robotics-assisted surgery is a major change for hospitals, for the hospital industry, and for the medical products business. The cost of robotics systems means big hospitals, in major cities, have a much-bigger advantage over smaller rivals, which can't afford such gear, than before. For the medical products business, it means growth which is less dependent on fashion or the economy. People will put off a new chin. They won't put off a heart operation. The fact … [Read more...] about The Google of health care
"We are essentially undergoing the most entrepreneurial period in healthcare history," Aneesh Chopra told the crowd at the Louisville Innovation Summit on Thursday. In his keynote speech, From Innovation to Integration: Understanding the interdependence on people and data, Chopra the former (and first) Chief Technology Officer for the White House, presented his vision of the future of healthcare. That future, Chopra explained, is dependent on the careful management and integration of data into patient care. Chopra, author of Innovative State: How New Technologies can Transform Government, is interested in how to take advantage of this pivotal moment in healthcare to tackle the challenge of streamlining care. He presented three forces that are integral to a future of healthcare that focuses on individual needs:A new payment model: The change in our payment system, Chopra said, should not be underestimated. "We are now at an absolute inflection point. The payment system is moving." The … [Read more...] about Chopra: Health care is about to get a lot more entrepreneurial, data will improve personalized health
The annual report of from the actuaries over at the Centers for Medicare and Medicaid Services (CMS) is out for 2012 and, for the fourth year running, the news is surprisingly good. Get In Stock Alerts on Twitter for SNES Classic, Switch and More Total healthcare spending in 2012 came in at $2.79 trillion—up just 3.7 percent over the previous year and continuing a four-year trend of significantly reducing the amount of growth in annual healthcare expenditures.By way of comparison, before the recent recession, we were averaging annual increases in health care spending of over 7 percent during the calendar years 2000-2008.The current numbers represent the slowest rate of growth since the government began tracking the data in 1960.Not only were the numbers terrific on an historic basis but, thanks to a growing economy combined with lower healthcare spending, what we shell out for health care actually decreased as a percentage of the total economy—down to 17.2 percent … [Read more...] about Does Obamacare Deserve Credit For Slowing The Growth In Health Care Spending?
Clayton Christensen famously coined the term “disruptive innovation” to describe “simple business applications that relentlessly move up market, eventually displacing established competitors.” Disruption is not just change; it is change that gores somebody’s ox. There has never been a year like 2013 for disruptive writing about health care. Here are five “oxen” gored by the best of that writing. Get the Free Tracker App to find a Luvabella in Stock Gored Ox One: The Idea That Someone Else Pays The BillsThe first salvo of the year was David Goldhill’s highly controversial book, “Catastrophic Care: How American Health Care Killed My Father – and How We Can Fix It.” Goldhill had the audacity to question an assumption accepted as a truism by both proponents and opponents of Obamacare: the notion that Americans can’t pay for their own health care without some kind of health coverage. Goldhill suggests that our … [Read more...] about The Best Disruptive Writings Of 2013 — Health Care Edition
Transparency Market Research recently published a report anticipating a 38 percent compound annual growth rate in the market for medical-device connectivity through 2019, from $3.4 billion worldwide in 2012. If this comes to pass, it is good news, because it will cause health costs to drop and quality to increase. Get the Free Tracker App to find a Nintendo Switch in Stock “Connectivity” refers to medical devices communicating with each other, and the patient’s Electronic Health Record (EHR). The Transparency Market Research report defines connectivity as to “control, configure and monitor patient’s administration data such as dose, rate, timing etc., physiological data and other key information”.Since 2009, the big story in health IT has been the installation of EHRs by hospitals and other providers (as previously reported by Matthew Herper). However, the benefits of this investment are unclear (and, perhaps, non-existent). The … [Read more...] about Good News For Health Care: Medical Connectivity To Grow Over 800 Percent In 7 Years
Celebrity activism is so well established in our culture that it’s become a fertile field for scholarship. But what about YouTube celebrities? With millions of channel subscribers, can a YouTube star make a difference for a cause? And if they step out of their normal role, does it risk their relationship with an audience any more or less than a Hollywood icon? Get the Free Tracker App to find a Nintendo Switch in Stock Last month, three YouTube stars gave us a hint at the answer. Cassey Ho, Michelle Phan and Hannah Hart each did either videos or accompanying blogs that took on topics, respectively, of body image bias, human trafficking and the Affordable Care Act.There was no clear coordination of efforts between them, though a YouTube spokesperson did point the connection out to me after I asked for examples of women YouTubers who were building audiences around social issues — in the mode of The Representation Project. Phan, Ho and Hart are not building their video … [Read more...] about YouTube Stars Take On Human Trafficking, Body Image And Health Care
Three days ago the first case of Ebola contraction in the United States happened. The nurse Tina Pham caring for Thomas Eric Duncan tested positive for Ebola. Now new reports come in that a second health care worker at the Dallas Health Presbyterian hospital got Ebola. Get the Free Tracker App to find a Nintendo Switch in Stock Now officials regret that they did not transfer to a better equipped hospital. CNN quotes an official saying: "If we knew then what we know now about this hospital's ability to safely care for these patients, then we would have transferred him to Emory or Nebraska."Watch this CNN report with the latest details.Via CNN.An unconfirmed report just breaks from Got News, that a 3rd Ebola case might be imminent. According to the report the boyfriend of Nina Pham is now in quarantine. … [Read more...] about 2nd Health Care Worker Gets Ebola
Improving access to health care for everyone has been a prime objective of U.S. governments in recent years and extraordinary federal efforts have also ensured that more American children than ever are being benefited by different healthcare programs like State Children’s Health Insurance Program (CHIP), Medicaid and Obamacare. Get the Free Tracker App to find a Nintendo Switch in Stock But there are still more than 20 million U.S. children that do not have full access to essential health services. The number accounts for approximately 28% of all kids in United States under the age of 18 years.According to the latest study, 3.3 million children in United States are uninsured today. 10.3 million kids are insured but lack timely access to the healthcare while 6.7 million kids have access to primary care but there needs are not properly fulfilled. The report points to the fact that having health insurance does not necessarily guarantee the availability of an affordable … [Read more...] about 1 In 4 US Children Lacks Access To Health Care: Study