Policy and Funding - Page 1
Stay up to date with the latest Policy and Funding updates from the global hospital industryLatest Policy and Funding Update
Boca Raton Regional Hospital, US, has received a transformational $25m grant from the Marcus Foundation to create the Marcus Neuroscience Institute on the hospital's main...
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Scottish Government invests £2bn in hospital infrastructure projects
The Scottish Government will invest £2bn in hospital infrastructure projects to deliver better facilities for the...
US health institute wins Aetna Foundation research grant
The National Public Health and Hospital Institute, the research affiliate of the National Association of Public Hospitals and Health Systems (NAPH), has received a research grant from the...
NHGRI funds DNA sequencing technology development
National Human Genome Research Institute (NHGRI) has granted Stratos Genomics $829,000 to develop DNA sequencing techniques using Expansion technology. Stratos will use the funds to...
US researchers receive grant to develop fall prediction and monitoring system
Researchers at Virginia Tech and the University of Virginia have received a $1.2m grant from the National Science Foundation's Smart Health and Wellbeing Program to develop a portable...
Seattle Institute receives grant for newborn respiratory device
Seattle Children's Research Institute, US, has received a two-year, $2.3m grant from the Bill & Melinda Gates Foundation to complete prototype development of its new respiratory support device...
Fortis Healthcare to Buy Majority Stake in HMC
India's Fortis Healthcare has agreed to acquire a 65% stake in Vietnam-based Hoan My Medical Corporation (HMC) for R2.89bn ($64m). The deal provides Fortis Healthcare with access to...
NIH Funds ProTECT Trial to Study Biomarkers in TBI Patients
The US National Institutes of Health (NIH) has awarded a five-year, $2.2m grant to researchers to study biomarkers in the blood of traumatic brain injury (TBI) patients. The research...
Canadian Heritage Fund Awards Grant for Cancer Research
Northern Ontario Heritage Fund has granted $100,000 to Canada-based RNA Diagnostics to conduct further research into the development of a medical tool that assesses the effectiveness...
UK Funds Stem Cell Services
The UK Government will invest £4m in a collaborative project between UK blood cancer charity Anthony Nolan and NHS Blood and Transplant. The funding will enable both the entities to...
MedMira to Develop Rapid Hepatitis B Test
MedMira has been awarded a $2.3m contract by the US Army Medical Research Acquisition Activity to develop and commercialise a multi-marker rapid test for the detection of the Hepatitis B core...
Cardinal Health Foundation Awards Funds to US Hospitals
US-based Cardinal Health Foundation has awarded $1.2m of funding to help hospitals, health systems and community health organisations improve patient care. Cardinal Health E3 Grant...
US University to Develop 3D Neural Probe for Tinnitus
National Science Foundation has awarded $330,000 to Wayne State University in Michigan, US, to develop a 3D neural probe to suppress tinnitus, a hearing disorder. Researchers aim to...
China Funds Kenyan Hospital Expansion
The Chinese government has provided a loan of KES9.85bn ($109m) to Kenya to fund the expansion of the Kenyatta University Teaching and Referral Hospital. Kenyan finance minister Uhuru...
JICA Cancels Grant to Philippine Hospital
Japan International Cooperation Agency (JICA) has cancelled a $10m grant that would have helped pay for the construction of a new hospital in Cebu, the Philippines. JICA said the cancellation...
World Bank Finances Kyrgyz Health Project
The World Bank's board of directors have approved the $24m in additional financing to support the Kyrgyz Republic's ongoing Health and Social Protection Project. Around $13.2m of the funding...
New Hampshire Hospitals Face Budget Cuts
Hospitals in the US state of New Hampshire will lose more than $250m in Medicaid reimbursement, as well as funds generated through the state's hospital provider tax, due to new budget provisions. ...
Maquet Receives CE Mark for Cardioroot Aortic Graft
Maquet Cardiovascular has received European CE mark approval for its Cardioroot aortic graft, which is used to repair or replace diseased and damaged aortas. The graft allows easy sewing...
Australia Announces Funds for Hospitals in Victoria
The Australian Federal Government has announced that it will provide A$440m ($465m) in funding to increase the number of beds at public hospitals in the state of Victoria. Regional...
IASIS Acquires St Joseph Medical Center
IASIS Healthcare, an operator of medium-sized acute care hospitals, has acquired a 79% ownership interest in St Joseph Medical Center in Texas, US. St Joseph provides general, acute care...
Indonesia to Improve Health Services for Poor
Indonesia has invited the private sector to build more hospitals and reserve 25% of the available beds for the poor in an attempt to address a rise in chronic diseases in the nation. ...