Rising labor costs and high inflation rates are expected to drive up the annual U.S. national health expenditure by $370 billion by 2027, according to a recent report from McKinsey.

Check out this week’s Movers & Shakers from Health Exec, a roundup of the latest executive movements in the healthcare industry.

The deal brings together two healthcare consulting businesses during a period of mass consolidation across the healthcare industry.

Despite higher rates of burnout and stress among healthcare workers during the pandemic, the healthcare industry has reported lower unemployment rates than other fields.

“The United States is essentially inventing the technology and then the rest of the world is figuring out how to use it better,” he said.

Burnout is a growing problem across the healthcare industry, and physicians are feeling symptoms worse than ever as the COVID-19 pandemic stretches on.

Three medical journals are investigating possible manipulation of data in heart studies led by researchers from Temple University that found favorable health impacts of blood thinners.

GE HealthCare, the upcoming standalone healthcare business from GE, has announced its new board of directors and the target spinoff date.