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☆ Nashville's startup scene is booming. Here's why investors and founders are moving to 'Music City'
▼ + stars: | 2023-11-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +11 min

NASHVILLE, TENNESSEE - SEPTEMBER 1, 2019: Tourists visit the bars and country music venues in the Lower Broadway entertainment district in Nashville, Tennessee. As more investors and founders are flocking to explore Nashville's booming health care and technology scene, Shah said he gets recognized regularly. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesNicknamed "Music City," Nashville is chock-full of country singers and perpetually buzzing with live music. (Photo by Robert Alexander/Getty Images) Robert Alexander | Archive Photos | Getty ImagesNashville's health tech startup scene has also benefited from significant investment from local organizers and government officials. Eligible Nashville entrepreneurs can also become members of the Greater Nashville Technology Council and the Nashville Health Care Council.

Persons: Robert Alexander, Robin Shah, Shah, Pavlo Gonchar, Kyle Cooksey, Bill Frist, Cooksey, John Bass, Bass, Ellen Herlacher, Luke Benda, it's, Cerner, It's, Vanderbilt, Marcus Whitney, Whitney, Benda, Landon Gibbs, Gibbs, Raelyn Wilson, Wilson Organizations: Tourists, Broadway, Getty, Thyme, CNBC, Nashville, Nashville Health Care, Healthcare, HCA, Community Health Systems, Acadia Healthcare, Vanderbilt University, Vanderbilt University Medical Center, Belmont University, Meharry Medical, Monogram Health, Downtown, Istock, Amazon, Oracle, Bank, Greater Nashville Venture Capital Association, Center, Nashville Area, of Commerce, Force, Ventures, Greater, Greater Nashville Technology Council, Nashville Health Care Council, HCA Healthcare Locations: NASHVILLE , TENNESSEE, Nashville , Tennessee, Fort Lauderdale , Florida, Nashville, UKRAINE, U.S, Acadia, Downtown Nashville , Tennessee, Music City, Rocky, Colorado, Boston, Greater Nashville, Cumberland

☆ Live updates: Hurricane Idalia expected to make landfall in Florida as a Category 4 storm
▼ + stars: | 2023-08-30 | by ( Elizabeth Wolfe | Liz Enochs | ) edition.cnn.com time to read: +2 min

Workers set up a fence to prevent flooding at Tampa General Hospital in Tampa, Florida, on August 29, as the city prepares for Hurricane Idalia. Miguel J. Rodriguez Carrillo/AFP/Getty ImagesMajor hospitals in the Tampa and St. Petersburg area are preparing for a significant storm surge from Hurricane Idalia. Tampa General Hospital – located in the Davis Islands neighborhood in a surge-prone area of the city — has gone as far as to construct a water-impermeable barrier around parts of its campus. “We are a 259-bed hospital and the largest freestanding pediatric hospital in the area so (we) are prepared to take in patients in need of medical care,” Caci said. BayCare, a hospital system that owns 16 acute-care hospitals in the Tampa Bay area, also said it didn't anticipate any "operational changes” other than closing some ambulatory services.

Persons: Idalia, Miguel J, Rodriguez Carrillo, Tampa General Hospital –, Karen Barrera, Barrera, Tampa General “, ” Johns, isn’t, Danielle Caci, ” Caci, ”, Lisa Razler Organizations: Tampa General Hospital, AFP, Getty, Idalia, CNN, Tampa, Tampa General, ” Johns Hopkins, Children's Locations: Tampa, Tampa , Florida, St, Petersburg, Davis, St . Petersburg

CARE Hospitals Group, according to another investor source, is in talks to sell a 70% stake to U.S. investment giant Blackstone (BX.N) in a deal valued at $800 million. MORE ATTRACTIVE THAN EVERAs government hospitals became increasingly overburdened and incomes rose in India's vast middle class, demand for private healthcare rose over the years. "The India healthcare opportunity has always been attractive, but never more than now. In 2022, PE investors spent $3.2 billion buying stakes in hospitals in India. "Big private hospitals are more reliable," said 35-year-old G. Chavan said as he accompanied his wife to see a doctor.

Persons: Rana Mehta, PwC's, Atlantic, Indira, Blackstone, Gaurav Sharma, Investcorp, Nishant Sharma, Sharma, Chavan, Sriram, Aditya Kalra, Simon Cameron, Moore Organizations: PwC, General Atlantic, CARE Hospitals, Blackstone, CARE, Kedaara Capital, ASIA'S PACE, Temasek, Reuters Graphics, Apollo Hospitals, Thomson Locations: India, PUNE, Pune, Indira, Bahrain, Mumbai, Manipal, Asia

☆ Temasek hospital deal channels its Dr Resilience
▼ + stars: | 2023-04-11 | by ( Anshuman Daga | ) www.reuters.com time to read: +3 min

SINGAPORE, April 11 (Reuters Breakingviews) - Temasek is picking a good time to focus on health. The sovereign investor is taking control of Indian hospital operator Manipal for $2 billion. Others are on an Indian health drive too. Follow @anshumandaga on TwitterCONTEXT NEWSSingapore’s Temasek will buy an additional 41% stake in Manipal Health Enterprises, the unlisted Indian hospital chain said on April 10. After the deal closes, the Pai family’s Manipal Group will hold about 30% of Manipal Health.

☆ Australia's HMC Capital to buy hospitals from U.S. firm for $802 mln
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +2 min

March 30 (Reuters) - Australian asset manager HMC Capital Ltd (HMC.AX) said on Thursday it will buy 11 private hospitals from U.S.-based Medical Properties Trust (MPW.N) for A$1.20 billion ($802.08 million). The hospitals are currently managed by Brookfield Corp's (BN.TO) Healthscope, the second-largest private hospital operator in Australia. Additionally, HMC Capital will raise A$123 million to fund the transaction. "This acquisition transforms HCW into Australia's largest diversified healthcare REIT with greater exposure to critical healthcare infrastructure in Australia's major capital cities," said HMC Capital CEO David Di Pilla. HMC Capital is a Sydney-based asset manager founded and backed by banker-turned-investor David Di Pilla.

☆ Potentially deadly fungus Candida auris is spreading at an 'alarming rate,' CDC says
▼ + stars: | 2023-03-21 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

A fungus that is often resistant to drugs has spread at an "alarming rate" through health-care facilities in the U.S., according to the Centers for Disease Control and Prevention. Candida auris is an emerging fungus that is serious and potentially fatal for hospitalized patients, particularly those with multiple medical problems. California, the mid-Atlantic region, the Midwest, Texas and Florida had growing transmission during that time, according to the CDC. The fungus has spread most in long-term care hospitals for people who have serious medical conditions and need ongoing treatment, according to the CDC. A 2021 CDC report found that mortality in two outbreaks of the fungus that was resistant to echinocandins was 30% over 30 days.

In this light, artificial intelligence (AI) and emerging technology have become increasingly prevalent, propelling efforts to improve patient care, solutions, and overall healthcare outcomes. These groups have clinical, operational, and technology experts working together to identify actual healthcare delivery and operational problems that can be addressed using AI, emerging technologies, and digital health tools. The hospital established specialized and certified applied healthcare AI programs tailored to healthcare staff for promoting AI and emerging technology capabilities and their applications in healthcare. As a result, multiple value-driven AI and emerging technology systems built in-house have been deployed in various clinical and operational units. Constant progress: Healthcare providers need to set clear boundaries for adopting AI and emerging technology as tools for supporting evidence-based medicine.

The move was criticized by some mental health professionals who said the city should focus on long-term solutions and avoid treating people who refuse. New York Civil Liberties Union Executive Director Donna Lieberman also condemned the plan. New York City continues to contend with crime on public transit. Instead, he said, the city needs sustained engagement, housing, health care support and financial assistance for those in need. “In an ideal situation, you want mental health crisis teams to be the front line.

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