It was a record-breaking year for global venture capital (VC) funding in digital health, with more than $9.5 billion raised in 698 deals for 2018, according to a report by Mercom Capital Group. The previous record was set last year, with $7.2 billion raised in 778 deals.

Healthcare spending on wearables is expected to reach $60 billion by 2023 as the technology becomes more popular within the medical industry, according to a recent report by Juniper Research.

Interventional cardiologist Kipp Webb and representatives from Montana’s Bozeman Health Deaconess Hospital entered a 19-day jury trial Jan. 17 after Webb claimed the hospital created a monopoly over cardiology services in 2011, preventing him from practicing in the area.

Bayer will be closing its administrative offices in Robinson Township, Pennsylvania, affecting more than 500 jobs and another 96 contract positions. The decision comes months after Bayer announced that it will be laying off 12,000 workers by 2021.

Data from the Australian government revealed that costs within the department at Canberra Hospital in Australia have been steadily increasing over the past three years, largely due to unplanned staff leave and medical supplies, according to a recent report by The Canberra Times.

The budget of the medical imaging department at Canberra Hospital has exceeded $10 million (approximately $7.1 million) over a five-year period due to staffing shortages, according to a new report by WA Today.

U.S. healthcare stocks had a strong 2018, rising 4.7 percent overall, and experts say they should continue to do well in the new year.

Copayment vouchers for P2Y12 inhibitors modestly improved the likelihood that patients would continue taking the guideline-recommended medications for one year after myocardial infarction, according to a study published in JAMA. However, patients supplied with this financial assistance didn’t see a subsequent improvement in clinical outcomes.