article thumbnail

Activist Cevian has a stake in medical device company Smith & Nephew. How it may help improve margins

CNBC: Investing

British company Smith & Nephew is already a global leader in medical tech. Cevian could help it boost its profitability.

Medical 129
article thumbnail

This highly profitable industry is booming as the population ages

CNBC: Investing

Medical nutrition for those with chronic illnesses is expected to grow to a $28 billion market by 2030, according to Barclays.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Medtronic lifts annual profit view on steady demand for medical devices

Global Banking & Finance

By Sriparna Roy and Mariam Sunny (Reuters) -Medtronic lifted the lower end of its annual profit forecast for a second time on Tuesday, banking on sustained demand for its medical devices in the United States. Its shares still fell nearly 3% in early trading.

Medical 40
article thumbnail

Medical Debt

Wall Street Mojo

What Is Medical Debt ? Medical Debt refers to a financial obligation incurred by an individual due to unpaid bills for medical services obtained from a healthcare provider. It hurts their credit, puts them off getting the necessary medical care, and may cause personal bankruptcy. Table of contents What Is Medical Debt ?

Debt 52
article thumbnail

Medtronic raises profit forecast as surgeries return to pre-pandemic levels

Global Banking & Finance

Medtronic raises profit forecast as surgeries return to pre-pandemic levels By Bhanvi Satija (Reuters) -Medtronic on Tuesday raised its annual profit forecast as the return of non-urgent surgery volumes to pre-pandemic levels boosted demand for its medical devices, sending its shares up 3%.

article thumbnail

What is the Value of my Medical Practice?

Focus Investment Banking

This article focuses on how medical practices are valued by private equity-backed groups, and to an extent, health systems and other strategic acquirers. EBITDA is typically calculated using the steps below: Determine the practice’s net profit in the most recent twelve-month period. COVID-19 related payments) or absences (e.g.,

Medical 52
article thumbnail

Avalon’s Laboratory Services MSO Acquires California-Based Medical Supply Company and Proprietary FDA-Registered External Male Catheter Device

Global Newswire by Notified: M&A

Additionally, LSM has acquired Leading Edge Innovations, LLC from the same owner.

Medical 40