Capital Finance
Massachusetts-based medical device company, Boston Scientific, plans on investing $150 million in China over the next five years in order to expand its presence in one of the fastest-growing medical device markets.
In an era when healthcare organizations are laser-focused on cost, obvious excesses in spending are long gone. That doesn't mean the pressure to increase efficiency and reduce expenses has ended—it simply means that organizations have to look more closely at what they do, how they do it, and how much value they receive.
athenahealth, an EMR and practice management provider, announced on Thursday that it has signed a deal to acquire Birmingham, Ala.-based Proxsys, developer of cloud-based care coordination between hospitals and physicians, in an effort to bolster growth of its coordinated care services.
It's going to be a record-breaking year for mergers and acquisitions (M&A) in the healthcare industry, according to a recent report from Irving Levin Associates.
Community Health Systems, a publicly traded 133-hospital management company in Franklin, Tenn., has executed a definitive agreement to acquire the assets of Moses Taylor Health Care System, in Scranton, Pa.
A private equity group led by Apax Partners has agreed to buy San Antonio-based Kinetic Concepts, a publicly traded wound-care and tissue-regeneration company, for $6.3 billion, including debt.
Whether for patients with long drive times in rural communities or set in urban settings for a more convenient and quicker treatment, satellite emergency departments are attractive prospects and as two studies show, a fairly lucrative proposition for a health system looking to develop.
Baptist Hospital East in Louisville, Ky., part of the Baptist Healthcare System, has announced it will open two new Baptist Express Care locations in Walmart stores this month.
Three northeast Ohio health systems have created a for-profit company to aid the success of joint ventures in a competitive healthcare market.
Highmark and the West Penn Allegheny Health System have reached a provisional agreement that would see the health plan acquire the struggling hospital operator for $475 million.