Good morning. America's aging population needs more healthcare than ever, medical demand is through the roof—yet 2025 became the year healthcare companies started dropping like flies.

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Three major healthcare companies with assets exceeding $1 billion filed for Chapter 11 bankruptcy protection in 2025, according to S&P Global Market Intelligence. Prospect Medical Holdings, LifeScan Global, and Genesis HealthCare represent this year's largest healthcare failures.

Healthcare bankruptcy filings reached 79 in 2023 and 57 in 2024, surpassing the four-year average of 42, Gibbins Advisors reported. Experts cite rising labor costs, private equity debt loads, and revenue-expense gaps as primary drivers (how this affects patients).

Industry analysts predict continued financial pressure. Trump's One, Big Beautiful Bill Act will strip hundreds of billions from Medicaid and Medicare funding over the next decade, potentially worsening conditions for struggling providers.

See healthcare bankruptcies here.

Perplexity announced Monday it will pay publishers from a $42.5 million revenue pool when the AI startup uses their news articles to answer user queries, addressing longstanding compensation concerns (WSJ).

Publishers have complained AI firms take their content without payment while reducing website traffic. Dow Jones and New York Post sued Perplexity for copyright infringement, while other publishers secured deals with OpenAI and Amazon.

Publishers will receive 80% of revenue from Perplexity's new Comet Plus subscription service launching this fall. The program replaces an earlier advertising revenue-share model under Perplexity's existing Publisher Program.

Introducing Comet Plus.

Chinese doctors performed the first pig-to-human lung transplant on a brain-dead patient in May, researchers reported Monday in Nature Medicine. The Guangzhou Medical University experiment used a genetically modified pig lung to study human immune responses to cross-species transplants.

The pig lung remained functional for nine days despite showing rejection signs after 24 hours. Scientists used CRISPR gene-editing (explained) to disable three pig genes and add three human genes, improving organ compatibility with human biology.

Researchers emphasized the procedure isn't ready for living patients, calling it a "meaningful beginning." Experts noted lungs face unique xenotransplantation challenges since they're constantly exposed to air and contain immune proteins, making them rejection-prone.

Nick Maggiulli's 0.01% Rule from The Wealth Ladder shows when spending becomes truly trivial. 

The principle: if a purchase costs less than 0.01% of your net worth (assets minus debts), it won't impact your long-term wealth.

Focus energy on bigger wealth-building moves instead of micro-optimizing purchases that mathematically don't matter.

​Get the book to learn more, along with rules like the six-level wealth framework and level-specific spending.

According to Andrew Huberman, the “physiological sigh” is the fastest way to calm down: take a double-inhale through your nose, then a long exhale through your mouth. This immediately activates your parasympathetic nervous system, reducing stress in real-time. No practice needed—use it anywhere during presentations, difficult conversations, or overwhelming moments.

​See the clip here.

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