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Survey Finds Consumers Continue to Struggle to Afford Healthcare Amid Pandemic
NASHVILLE, Tenn.–(BUSINESS WIRE)–A recent survey commissioned by CarePayment and conducted by Porter Research found that 42% of consumers delayed healthcare and 24% could not afford additional medical expenses without a financing plan due to COVID-19. According to the survey, delayed care was the number one way the pandemic impacted healthcare needs, followed by increased telemedicine and mental stress. Conducted May – June 2021, Porter Research surveyed 2,500 CarePayment members, patients who are currently enrolled in CarePayment’s 0.00% APR patient financing solution, regarding the effects of the pandemic and the cost of healthcare if they were to pay medical … Read more
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Uneven Healthcare Access Stresses DACA Families, Study Finds
During four decades of caring for the children of immigrants who live in the U.S. without legal permission, Stanford pediatrician Fernando Mendoza, MD, often had to ask the parents of his patients a painful question: “Have you talked to your kids about what happens if you get picked up by immigration enforcement?” “That should not be a discussion a pediatrician needs to have in a routine check-up,” said Mendoza. Yet, he wanted to ensure that his patients knew who would look after them if their parents were detained or deported. “It was heartbreaking, but at the same time it … Read more
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Rethinking Nigeria’s healthcare financing – By: . .
The announcement of a high profile committee by President Muhammadu Buhari on 6 September 2021, to be headed by his Vice President, Prof Yemi Osinbajo to oversee reforms in Nigeria’s health sector is a laudable and timely one. Like most sectors in Nigeria, the health sector is, to put it mildly, in a state of stagnation that, with the existing structure and organisation, is practically impossible to make any headway despite the huge potentials abound in the sector to the economy. Although there are numerous angles to the problem bedevilling Nigeria’s fragile health sector, including the collapse of the primary … Read more
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Renovacor, Inc. Closes Its Business Combination with Chardan Healthcare Acquisition 2 Corp. and Will Begin Trading on the New York Stock Exchange
Common stock and warrants of the combined company, renamed Renovacor, Inc., will commence trading on September 3, 2021 on the NYSE under ticker symbols “RCOR” and “RCOR.WS”, respectively. Gross proceeds from the transaction totaled approximately $95.1 million. PHILADELPHIA, September 02, 2021–(BUSINESS WIRE)–Renovacor, Inc. (“Renovacor”), an early‑stage biotechnology company developing adeno-associated virus (AAV)‑based gene therapies for devastating cardiovascular and central nervous system diseases resulting from BAG3 gene variants, today announced the closing of its previously announced business combination with Chardan Healthcare Acquisition 2 Corp. (NYSE: CHAQ) (“CHAQ”), a special purpose acquisition company sponsored by Chardan Capital Markets (“Chardan”). … Read more
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China’s regulatory crackdown on healthcare sector, outlook for investors
A woman sorting medicine in the pharmacy of the Yueyang Hospital, part of the Shanghai University of Traditional Chinese Medicine, in Shanghai. JOHANNES EISELE | AFP | Getty Images China’s health-care sector will probably be the next to fall under scrutiny, analysts warn, as the country’s regulators crack down on everything from tech to education to data security. Chinese President Xi Jinping this week again reiterated the need to support moderate wealth for all — or the idea of “common prosperity” which he has been promoting for months. That’s what’s driving the spate of crackdowns on companies, analysts say. “‘Common … Read more
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Afghanistan’s healthcare system near collapse, aid agencies warn
An Afghan man receives aid from the International Federation of the Red Cross and Red Crescent Societies after an earthquake, in Behsud district of Jalalabad province, Afghanistan October 28, 2015. REUTERS/Parwiz Aug 30 (Reuters) – Afghanistan’s healthcare system is at risk of collapse, two major aid agencies told Reuters, after foreign donors stopped providing aid following the Taliban takeover. After the United States withdraw the bulk of its remaining troops last month, the Taliban accelerated its military campaign, taking control of the capital Kabul on Aug. 15. International donors including the World Bank and European Union froze funding to Afghanistan … Read more
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