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scPharmaceuticals Inc. Reports Third Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Wednesday, November 8, 2023

BURLINGTON, Mass., Nov. 08, 2023 (GLOBE NEWSWIRE) -- scPharmaceuticals Inc. (Nasdaq: SCPH), a pharmaceutical company focused on developing and commercializing products that have the potential to optimize the delivery of infused therapies, advance patient care, and reduce healthcare costs, today announced financial results for the third quarter ended September 30, 2023, and provided a business update. 

Key Points: 
  • Product revenues were $3.8 million, and cost of product revenues were $1.1 million for the third quarter of 2023.
  • Research and development expenses were $3.4 million for the third quarter of 2023, compared to $3.7 million for the third quarter of 2022.
  • Selling, general and administrative expenses were $14.1 million for the third quarter of 2023, compared to $6.3 million for the third quarter of 2022.
  • As of September 30, 2023, scPharmaceuticals’ total shares outstanding was 35,859,045.
    scPharmaceuticals’ management will host a conference call and webcast to review the Company’s third quarter 2023 results today, Wednesday, November 8, at 4:30 p.m.

GHX and AHVAP Share Results from New Survey Identifying Challenges and Opportunities in Healthcare Value Analysis

Retrieved on: 
Wednesday, October 4, 2023

LOUISVILLE, Colo., Oct. 4, 2023 /PRNewswire/ -- Global Healthcare Exchange (GHX) and the Association of Healthcare Value Analysis Professionals (AHVAP) announced the results of an industry-wide survey designed to analyze the current state of healthcare value analysis (HVA) and how these programs are functioning in a post-pandemic era. The survey reveals a range of complex challenges and opportunities within HVA as the industry transitions to value-based care.

Key Points: 
  • LOUISVILLE, Colo., Oct. 4, 2023 /PRNewswire/ -- Global Healthcare Exchange (GHX) and the Association of Healthcare Value Analysis Professionals (AHVAP) announced the results of an industry-wide survey designed to analyze the current state of healthcare value analysis (HVA) and how these programs are functioning in a post-pandemic era.
  • The survey reveals a range of complex challenges and opportunities within HVA as the industry transitions to value-based care.
  • "Today's healthcare value analysis professionals recognize the importance of forging strong partnerships with clinical teams.
  • Survey respondents identified their primary place of practice/employment in multiple delivery systems of healthcare with the majority (51.2%) found in Integrated Delivery Networks (IDNs).

ICANN Celebrates 25 Years: Bridging the Past with a Vision for the Future

Retrieved on: 
Thursday, September 28, 2023

LOS ANGELES, Sept. 28, 2023 /PRNewswire/ -- Today, the Internet Corporation for Assigned Names and Numbers (ICANN) celebrates 25 years of international collaboration in overseeing the coordination of the Internet's naming system. Born from a vision of a unified and globally accessible Internet, ICANN's milestone reflects its unwavering commitment to maintaining this goal and recognizing the significant impact it holds.

Key Points: 
  • Its achievements stem from collaborative efforts that brought together technical experts, governments, civil society, businesses, and end users.
  • Throughout the past two and a half decades, ICANN has been at the forefront of technical Internet governance and policy development, ensuring the stable and reliable technical operation of the Internet.
  • "For the past 25 years, ICANN has exemplified global collaboration, firmly championing one world, one Internet," said Tripti Sinha, Chair of the ICANN Board of Directors.
  • "While our past is filled with milestones that have helped shape the Internet age, it's our future that excites me the most.

ICANN Celebrates 25 Years: Bridging the Past with a Vision for the Future

Retrieved on: 
Thursday, September 28, 2023

LOS ANGELES, Sept. 28, 2023 /PRNewswire/ -- Today, the Internet Corporation for Assigned Names and Numbers (ICANN) celebrates 25 years of international collaboration in overseeing the coordination of the Internet's naming system. Born from a vision of a unified and globally accessible Internet, ICANN's milestone reflects its unwavering commitment to maintaining this goal and recognizing the significant impact it holds.

Key Points: 
  • Its achievements stem from collaborative efforts that brought together technical experts, governments, civil society, businesses, and end users.
  • Throughout the past two and a half decades, ICANN has been at the forefront of technical Internet governance and policy development, ensuring the stable and reliable technical operation of the Internet.
  • "For the past 25 years, ICANN has exemplified global collaboration, firmly championing one world, one Internet," said Tripti Sinha, Chair of the ICANN Board of Directors.
  • "While our past is filled with milestones that have helped shape the Internet age, it's our future that excites me the most.

Orion Health and Pieces join forces to unlock the potential of trusted AI in healthcare

Retrieved on: 
Monday, September 25, 2023

The collaboration brings together the power of Orion Health's Orchestral Health Intelligence Platform (HIP) and Pieces' leading AI technology, also named "Pieces," to revolutionize healthcare by putting a trusted AI solution tuned on comprehensive, locally derived data in the hands of clinicians and caregivers.

Key Points: 
  • The collaboration brings together the power of Orion Health's Orchestral Health Intelligence Platform (HIP) and Pieces' leading AI technology, also named "Pieces," to revolutionize healthcare by putting a trusted AI solution tuned on comprehensive, locally derived data in the hands of clinicians and caregivers.
  • Pieces is poised to transform the healthcare landscape with its ensemble AI methods and capabilities.
  • Pieces supports care teams by enabling AI auto-generated patient summaries and clinical insights directly in the Orion Health Clinical Portal dashboards.
  • By focusing on Integrated delivery networks for healthcare (IDNs), health systems and hospitals, Orion Health and Pieces are poised to make a significant impact on the healthcare industry.

XiFin Launches New Lab Volume Index (LVI): Delivers Deeper Insights in Post-Pandemic Diagnostic Testing

Retrieved on: 
Wednesday, August 30, 2023

The LVI insights and trends are derived from claims transaction data from within the award-winning XiFin RPM platform .

Key Points: 
  • The LVI insights and trends are derived from claims transaction data from within the award-winning XiFin RPM platform .
  • For example, if the Lab Volume Index is selected for molecular and genetic, it shows the testing volume of all molecular and genetic testing, irrespective of whether it was performed at a hospital lab, a clinical lab, one that primarily does pain management and toxicology, or a lab specializing in molecular testing.
  • The enhanced XiFin Lab Volume Index also features a new user-selectable baseline for 2019 -2022, making it possible to compare the time going forward including annually.
  • Because the COVID volume is historically significant, the original XiFin Lab Volume Index was measured weekly to trend the surges and lulls that happened quickly during the pandemic.

HealthTrust Leaders to Speak at Fall 2023 IDN Summit and Reverse Expo

Retrieved on: 
Friday, August 25, 2023

HealthTrust Performance GroupSM , a leading performance improvement company for healthcare supply chain, announced today four executives will speak at the Fall 2023 IDN Summit and Reverse Expo , Aug. 28-30 at the JW Marriott Phoenix Desert Ridge Resort in Phoenix, Arizona.

Key Points: 
  • HealthTrust Performance GroupSM , a leading performance improvement company for healthcare supply chain, announced today four executives will speak at the Fall 2023 IDN Summit and Reverse Expo , Aug. 28-30 at the JW Marriott Phoenix Desert Ridge Resort in Phoenix, Arizona.
  • HealthTrust will also welcome its attending members to an exclusive dinner at The Americano restaurant following the reception.
  • For more than 20 years, the IDN Summit has brought together senior healthcare supply chain and pharmacy executives to discuss strategic supply chain issues impacting Integrated Delivery Networks (IDNs).
  • The summit will feature tracks including Supplier Strategies, Financial Operations, Digital Transformation, Executive Leadership Pharmacy Acute and Non-Acute Care, as well as additional idea exchanges.

VBI Vaccines Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023

Cost of Revenues: Cost of revenues was $3.5 million in the second quarter of 2023 as compared to $2.5 million in the second quarter of 2022.

Key Points: 
  • Cost of Revenues: Cost of revenues was $3.5 million in the second quarter of 2023 as compared to $2.5 million in the second quarter of 2022.
  • Research and Development (R&D): R&D expenses for the second quarter of 2023 were $3.3 million as compared to $5.6 million for the second quarter of 2022.
  • Impairment for the second quarter of 2023 was $20.0 million as compared to $0 for the second quarter of 2022.
  • Foreign exchange loss for the second quarter of 2023 was $5.9 million as compared to $21.9 million for the second quarter of 2022.

Sarnova Unveils Strategic Leadership Transitions to Drive Expansion and Growth

Retrieved on: 
Tuesday, August 15, 2023

DUBLIN, Ohio, Aug. 15, 2023 /PRNewswire/ -- Sarnova, a leading specialty distributor of healthcare products and services, announced recent leadership changes that will help drive accelerated growth and expansion across all of Sarnova's family of companies.

Key Points: 
  • DUBLIN, Ohio, Aug. 15, 2023 /PRNewswire/ -- Sarnova, a leading specialty distributor of healthcare products and services, announced recent leadership changes that will help drive accelerated growth and expansion across all of Sarnova's family of companies.
  • The leadership transitions include:
    Aric Vacchiano has been named President, Acute Care, and is coming to Sarnova from Vyaire Medical.
  • He will be responsible for the P&L, business strategies and commercial execution of Sarnova's Acute Care business, Tri-Anim Health Services.
  • "The incredibly successful legacies that both Tom Metcalf and Doug Bergh fostered at Sarnova will be built upon with investments in new talented and experienced leadership," said Brian LaDuke, Sarnova CEO.

Inmar Intelligence Continues Momentum in Healthcare, Powering Safer and Smarter Organizations to Enhance Patients' Lives

Retrieved on: 
Wednesday, August 9, 2023

With several significant milestones on the horizon and a range of strategic partnerships, Inmar Intelligence is poised to drive positive change and innovation, making healthcare organizations safer and smarter, ultimately improving patients' lives.

Key Points: 
  • With several significant milestones on the horizon and a range of strategic partnerships, Inmar Intelligence is poised to drive positive change and innovation, making healthcare organizations safer and smarter, ultimately improving patients' lives.
  • Currently, Inmar Intelligence automates recalls for 60+ percent of U.S. hospitals keeping expired medicines from impacting patients or hospital workers.
  • This momentum extends to Inmar Intelligence’s partnerships with Group Purchasing Organizations (GPOs) and Integrated Delivery Networks (IDNs).
  • “As Inmar Intelligence continues to forge ahead in the healthcare industry, it reinforces its commitment to driving innovation, improving patient outcomes, and fostering a safer healthcare ecosystem” said David Schweihs, SVP, Healthcare Solutions at Inmar Intelligence.