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Healthcare ERP Market 2025 Leads with 37% North America Share, Oracle and Microsoft Dominates
GlobeNewswire News Room· 2025-07-07 14:00
Market Overview - The global healthcare ERP market was valued at USD 7.99 billion in 2024 and is projected to reach approximately USD 16.06 billion by 2034, indicating significant growth driven by the demand for data analysis and management of patient records [1] - North America held a dominant market share of 37% in 2024, while the Asia Pacific region is expected to experience the fastest growth during the forecast period [6][23] Key Drivers of Growth - The increasing need for operational efficiency and data-driven decision-making in healthcare organizations is a primary driver for the growth of the healthcare ERP market [7] - Government initiatives supporting the adoption of digital healthcare technologies and the rising use of electronic health records are also contributing to market expansion [8] Market Segmentation By Function - The finance & billing segment dominated the market in 2024, driven by the need for improved efficiency and reduced errors in financial management [27] - The inventory & material management segment is anticipated to grow the fastest during the forecast period due to its critical role in optimizing operations [28] By Deployment - The on-premises segment led the market in 2024, as organizations prefer managing data within their own infrastructure for better privacy and accessibility [30] - The cloud segment is expected to witness the highest growth rate, driven by demand for flexibility and cost-effectiveness [32] By End Use - Hospitals represented the largest segment in 2024, utilizing ERP systems for efficient data management and operational accessibility [34] - The clinic segment is projected to experience significant growth, driven by the need for integrated software systems to streamline operations [36] Emerging Trends - There is a growing trend towards enhancing patient care through improved patient management systems that streamline data accessibility [9] - The integration of AI in healthcare ERP systems is becoming increasingly important for accurate data processing and real-time accessibility [10] - Cloud adoption is gaining traction due to its flexibility, cost-effectiveness, and scalability [11] Challenges - The healthcare ERP market faces challenges such as high setup costs, complicated integrations with legacy systems, and resistance to change from users [12] - Addressing these challenges requires careful planning and effective change management strategies [13] Recent Developments - In May 2025, Oracle Health partnered with Cleveland Clinic and G42 to create an AI-driven healthcare delivery platform aimed at enhancing patient outcomes [38] - Samsung launched a 'Health Records' feature within its Health app in India, aligning with the Ayushman Bharat Digital Mission to simplify healthcare management [39] Key Players - Major players in the healthcare ERP market include Oracle, Microsoft, SAP, McKesson, and Infor, which are driving growth through cloud adoption and operational streamlining [17][42]
Centene Corporation (CNC) Investors See Over $11 Billion Of Shareholder Value Wiped Out In 1 Day Amid Independent Actuary Data, Withdrawn 2025 Guidance- Hagens Berman
Prnewswire· 2025-07-07 13:23
SAN FRANCISCO, July 7, 2025 /PRNewswire/ -- On July 2, 2025, investors in Centene Corp. (NYSE: CNC) saw the price of their shares of this normally low-volatility stock crash 40%, after the company withdrew its guidance, blaming preliminary discussions and data generated by an independent actuary, Wakely.The unusual circumstances and severe investor reaction has prompted national shareholders rights firm Hagens Berman to open an investigation into whether Centene may have violated the securities laws. The fi ...
Class Action Filed Against Hims & Hers Health, Inc. (HIMS) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-07-07 13:00
Core Viewpoint - Hims & Hers Health, Inc. is facing allegations of deceptive practices related to the promotion and sale of illegitimate versions of Wegovy®, which may jeopardize its collaboration with Novo Nordisk and mislead investors about the company's prospects [2]. Group 1: Allegations and Legal Action - The class period for the allegations against Hims & Hers Health, Inc. is from April 29, 2025, to June 23, 2025 [2]. - Allegations include that Hims engaged in deceptive promotion and selling of illegitimate versions of Wegovy®, risking patient safety [2]. - The complaint suggests that the misleading statements made by the defendants about the company's business and operations lacked a reasonable basis [2]. Group 2: Shareholder Information - Shareholders who purchased shares during the class period are encouraged to register for potential lead plaintiff appointment, with a deadline of August 25, 2025 [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. - Participation in the case incurs no cost or obligation for shareholders [3]. Group 3: Law Firm's Role - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
iRhythm Technologies Announces Board Member Retirements and New Director Appointments
GlobeNewswire News Room· 2025-07-07 12:30
SAN FRANCISCO, July 07, 2025 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ:IRTC) , a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, today announced the retirement of two long-serving board members, Mark Rubash and Ralph Snyderman, M.D., effective July 7, 2025. Concurrently, Karen McGinnis and Kevin O’Boyle have accepted appointments to the board of directors. Mark Rubash has served on the board since 2016, prior to the company’s ...
HIMS INVESTOR ALERT: Edelson Lechtzin LLP Urges Hims & Hers Health, Inc. (NYSE: HIMS) Shareholders to Consult an Attorney About the Impending Lead Plaintiff Deadline in the Securities Fraud Class Action
Prnewswire· 2025-07-07 03:49
Core Viewpoint - Edelson Lechtzin LLP is investigating securities fraud claims against Hims & Hers Health, Inc. related to its partnership with Novo Nordisk, which may have misled investors regarding the nature of the collaboration and its implications for the company's stock value [1][4]. Company Overview - Hims & Hers Health, Inc. is a telehealth and online pharmacy company that provides prescription and over-the-counter medications, mental health services, and personal care products through a direct-to-consumer platform in the U.S. and the U.K. [3]. Securities Fraud Claims - The complaint alleges that Hims & Hers made materially false and misleading statements and failed to disclose critical facts about its partnership with Novo Nordisk during the class period from April 29, 2025, to June 23, 2025 [4]. - Specifically, Hims & Hers allegedly engaged in deceptive promotion and sale of Novo Nordisk's Wegovy® weight loss drug, creating a substantial risk of termination of the partnership [4]. Partnership Details - On April 29, 2025, Hims & Hers announced a long-term collaboration with Novo Nordisk, which included the immediate sale of a bundled offering of Wegovy® on its platform [5]. - However, on June 23, 2025, Novo Nordisk terminated the partnership, citing Hims & Hers' failure to comply with legal standards regarding the sale of compounded drugs and deceptive marketing practices that jeopardized patient safety [5]. Stock Impact - Following the termination announcement by Novo Nordisk, Hims & Hers' stock price dropped by $22.24 per share, representing a decline of 34.63%, closing at $41.98 per share on June 23, 2025 [5].
The dangerous anti-abortion victory buried in Trump’s megabill
MSNBC· 2025-07-06 19:12
Thanks to Donald Trump's so-called One Big Beautiful Bill Act, access to reproductive health care in the United States just took another devastating hit. The Atlantic is calling it the biggest anti-abortion victory since DOBS. And here's why. Buried in the mega bill is a provision that blocks healthc care nonprofits that offer abortions from receiving Medicaid funds for other services that they provide. So, to be clear, this is not a ban on Medicaid funds being used for abortion. Federal Medicaid funds are ...
Microsoft says its AI tops doctors in medical diagnoses
Yahoo Finance· 2025-07-06 18:00
Use of artificial intelligence is sweeping the world as technologies like chat GPT become part of our everyday lexicon. And Microsoft thinks its AI could end up in your doctor's office. The Microsoft AI team is investigating how AI can help diagnose medical cases.New study from the team today shows the firm's diagnostic orchestrator, which uses OpenAI technology, can correctly diagnose up to 85% of case proceedings in the New England Journal of Medicine. This is a rate more than four times higher than a gro ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Centene Corporation - CNC
GlobeNewswire News Room· 2025-07-06 14:00
Core Viewpoint - Centene Corporation is facing an investigation regarding potential securities fraud and unlawful business practices following its withdrawal of earnings guidance due to disappointing market growth and higher-than-expected health risks [1][3]. Group 1: Company Performance - On July 1, 2025, Centene announced the withdrawal of its 2025 GAAP and adjusted diluted earnings per share (EPS) guidance, citing that market growth in 22 out of 29 states was not meeting expectations [3]. - The company indicated that the overall health risks in these states were significantly higher than anticipated, impacting its risk adjustment revenue calculations [3]. Group 2: Market Reaction - Following the announcement, Centene's stock price experienced a significant decline, falling by $22.87 per share, or 40.37%, closing at $33.78 per share on July 2, 2025 [4]. Group 3: Legal Investigation - Pomerantz LLP is investigating claims on behalf of Centene investors regarding possible securities fraud or other unlawful business practices by the company and its officers or directors [1].
ELV SHAREHOLDER ALERT: Suffer Losses on Elevance Health, Inc.? Contact BFA Law by July 11 Securities Fraud Class Action Deadline (NYSE:ELV)
GlobeNewswire News Room· 2025-07-06 11:46
NEW YORK, July 06, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Elevance Health, Inc. (NYSE: ELV) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Elevance you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/elevance-health-inc. Investors have until July 11, 2025, to ask the Court to be appointed t ...
HIMS SHAREHOLDER ALERT: Suffer Losses on Hims & Hers Health, Inc.? Contact BFA Law by August 25 Securities Fraud Class Action Deadline (NYSE:HIMS)
GlobeNewswire News Room· 2025-07-06 11:46
Core Viewpoint - A lawsuit has been filed against Hims & Hers Health, Inc. and its senior executives for potential violations of federal securities laws, following allegations of misrepresentation regarding a partnership with Novo Nordisk [1][2][4]. Group 1: Lawsuit Details - Investors have until August 25, 2025, to request to lead the case, which is pending in the U.S. District Court for the Northern District of California [2]. - The lawsuit claims violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Hims & Hers securities [2]. - Two complaints have been filed, with the first case titled Sookdeo v. Hims & Hers Health, Inc., and a subsequent similar complaint titled Yaghsizian v. Hims & Hers Health, Inc. [2]. Group 2: Company Operations and Allegations - Hims & Hers operates a telehealth platform providing online consultations, prescription medications, and wellness products [3]. - The company announced a collaboration with Novo Nordisk to sell the weight loss drug Wegovy, which contains semaglutide, on its platform [3]. - Allegations state that Hims & Hers misrepresented the nature of its partnership with Novo Nordisk and claimed compliance with FDA regulations regarding the sale of compounded semaglutide [4]. Group 3: Stock Market Reaction - Following Novo Nordisk's announcement of terminating the partnership due to Hims & Hers' deceptive practices, the stock price fell by $22.24, a decline of over 34%, from $64.22 on June 20, 2025, to $41.98 on June 23, 2025 [5].