Capital Finance
The U.S. Department of Justice announced late last week that GE Healthcare has paid more than $30 million to the government to settle False Claims Act allegations.
Ascension Health and Alexian Brothers Health System announced Wednesday that the two will merge as of Jan. 1, 2012.
Healthcare real estate will continue to be a strong investment category in 2012 concludes an analysis by Jones Lang LaSalle, a financial and professional services firm specializing in real estate.
Thomson Reuters today announced that it has suspended the divestiture process for its healthcare business. The company had revealed plans to sell the division in June.
Fujifilm Holdings Corporation announced Wednesday that it has entered into a definitive agreement to acquire ultrasound technology firm SonoSite, Inc. for approximately $995 million.
Medical device giant, Medtronic, admits no wrongdoing but has agreed to pay the federal government $23.5 million to settle claims that it paid doctors kickbacks to get them to use its pacemakers and defibrillators.
A dermatology product manufacturer purchased by pharmaceutical company GlaxoSmithKline in 2009 and its former chief executive are being sued by federal regulators for allegedly defrauding employee shareholders of more than $110 million.
If the Internal Revenue Service's audits prove founded, medical device maker, Boston Scientific, owes more than $1 billion in back taxes.
An important reason that medical costs are so high in Massachusetts is that residents are accustomed to visiting major teaching hospitals for routine care.
A contract that enticed a 150-member doctor group affiliated with Beth Israel Deaconess Medical Center to Steward Health Care System continues to cause concern in Massachusetts.