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Hinge Health Analysis Finds Musculoskeletal Program Saves Nearly $3,000 a Year for Each Member
Hinge Health (HNGE) said Wednesday that a medical claims analysis of its digital musculoskeletal program found an average cost savings of $2,941 per member per year, and a threefold return on investment for employers and health plans.As a result of the program, Hinge Health members had 69% fewer surgeries, 61% fewer injections, and 68% fewer imaging scans, it said.Chronic musculoskeletal pain is a leading cause of disability and healthcare costs in the US, according to Hinge.Price: $57.69, Change: $-0.75, Percent Change: -1.28%
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Alphabet Upsizes Equity Capital Raise to $84.75 Billion
Alphabet (GOOG, GOOGL) increased the size of its equity capital raise to $84.75 billion from the previously announced $80 billion, according to a regulatory filing on Tuesday.The offering includes a pledge by Berkshire Hathaway (BRK.A, BRK.B) to invest $10 billion in the tech giant in a private placement, the filing said.Price: $358.91, Change: $+0.51, Percent Change: +0.14%
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Klarna Collaborating With Ulta Beauty to Enable Installment Payments
Klarna (KLAR) said Wednesday it is collaborating with Ulta Beauty (ULTA) to offer flexible payment options for customers on Ulta.com and the Ulta Beauty app.Ulta Beauty shoppers will be able to pay in full, split purchases into four interest-free installments, or use longer-term financing, the company said.Klarna shares were 4.3% lower in Wednesday trading, while Ulta Beauty was off by more than 5%.Price: $16.73, Change: $-0.78, Percent Change: -4.45%
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