Capital Finance
Private equity firm Ancor Capital Partners announced Tuesday that it has acquired WellSpring Pharmaceutical Corporation, a manufacturer and marketer of specialty prescription and over-the-counter products. This is Ancor's fifteenth acquisition in the healthcare segment.
Representatives of skilled nursing facilities (SNFs) are estimating the SNF sector will potentially lay off 20,000 employees, will forgo the creation of 20,000 new jobs and will alter employee benefits as a result of the Medicare payment cuts that took effect on Oct. 1.
Often called a recession resistant industry, medical real estate is doing well and experts concur that it will continue to blossom.
According to financial services firm Jones Lang LaSalle, healthcare real estate investment trusts (HCREITs) have raised $22.5 billion over the past 18 months, spiking third party interest in the medical property sector.
Information technology and business process services firm CGI Group, Inc. announced this week that it will now report a separate health global vertical segment.
Web-based healthcare information provider HealthGrades announced Wednesday that it has reached a definitive agreement to merge with CPM, a customer relationship management solutions firm.
How can you make sure that the inventory ordered for provider encounters (DME, hearing aids, CPAP machines, ER trays, etc) are being accounted for on the patient’s bill? If you are not reconciling inventory with patient accounting, you are losing potential revenue.
Regenerative medicine company Stratatech Corp. has been awarded $4.6 million by the National Institute of Diabetes and Digestive and Kidney Diseases. The grant will fund the first human clinical trial of Stratatech's ExpressGraft antimicrobial skin substitute, a potential treatment for chronic diabetic foot ulcers.
Grants totaling $4.5 million have been awarded by the Agency for Healthcare Research and Quality (AHRQ) to support three research centers that focus on clinical preventive services.
How did Michigan hospitals save over 2,000 lives as well as $300 million dollars? They implemented a pioneering, patient care program to increase safety, quality and efficiency.