Capital Finance
Despite increases in revenue and patient admissions, Tenet Healthcare posted a $76 million loss in the company's 2011 fourth quarter, due largely to an early extinguishment of company debt. In the same period last year, the hospital operator reported income of $74 million or 14 cents per share.
Hospitals and health systems can reap significant short- and long-term benefits by proactively addressing their real estate strategies as part of the mergers and acquisitions process, says financial services firm Jones Lang LaSalle (JLL).
January was a record month for healthcare merger and acquisition activity with 95 deals worth a combined total of $17.2 billion being transacted, according to a recent report from Irving Levin Associates.
S&P Indices announced Thursday the results of its S&P Economic Healthcare Indices for the year ending December 2011, finding that healthcare costs as measured by annual rates of change went up across the board in the last month of the year.
Revenue and payment cycle specialist Recondo Technology announced last week it had acquired revenue cycle competitor Lakewood, Fla.-based Trilogi, Inc., in a move that broadens Recondo's customer base.
Workforce management firm API Healthcare announced Wednesday that it has acquired Concerro, a provider of Software-as-a-Service (SaaS) staffing and scheduling systems such as online scheduling, open shift management, patient acuity and emergency preparedness solutions for healthcare.
When Kris Appel, founder and president of Encore Path, a Baltimore-based medical device company, looked for investors to help her get the company’s debut product, a stroke rehabilitation device called Tailwind, on the market, she turned to angel investors, individuals who invest their own money in entrepreneurial endeavors.
Economic pressures caused providers to keep a tight watch on capital spending in 2011, and while caution is still the key word, there appears to be some mild relief in sight.
With tight margins as the uninsured population grows and uncertainty as healthcare reform approaches, hospitals and physicians groups across the country are seeking merger opportunities.
A strategic and centralized approach to healthcare real estate results in significantly better overall financial and operational performance, according to a new report from global real estate services firm Jones Lang LaSalle.