Capital Finance
South-central Maryland's Civista Health System will join the University of Maryland Medical System on July 1.
One third of U.S. hospitals preparing to undertake construction projects already on the drawing board admit ignorance and uncertainty according to a 2011 ASHE survey.
New MainStream Capital and MBF Healthcare Partners have announced the merger of Tennessee-based SunCrest Healthcare and Florida-based OMNI Home Care, creating one of the largest post-acute care providers of home health services in the southeastern United States.
The University of Michigan's Board of Regents has set aside $13.7 million to create the Institute for Healthcare Policy and Innovation, which will focus on public health policy and an interdisciplinary approach to tackling healthcare challenges.
Emergency Medical Services, a Colorado-based ambulance operator and physician services company, has completed its merger with private equity firm Clayton, Dubilier & Rice. The $3.2 billion sale, announced in February, is expected to close on May 25.
MedAssets, based in Atlanta, has announced that the Kettering Health Network, a Dayton, Ohio-based health network comprised of seven hospitals and more than 60 healthcare facilities, has selected key components of the company's Spend and Clinical Resource Management solutions to help optimize overall financial performance.
I often hear from hospitals that they’re being squeezed greatly on cost and not getting paid enough by government and private payers. I have some sympathy for this argument, but on the other hand somehow this country outspends every other country by at least two to one, and hospitals are a big part of the reason.
HASCO Medical, a Mobile, Ala.-based managed healthcare provider serving patients in Alabama, Florida and Mississippi, has purchased Mobility Freedom and Wheelchair Vans of America, both based in Florida.
Economic growth is expected to continue in the United States throughout the remainder of 2011, say the nation's purchasing and supply executives in their spring 2011 Semiannual Economic Forecast.
Texas-based LifeCare Holdings has entered into a definitive agreement to acquire all of the HealthSouth Corporation's long-term acute care hospitals (LTACHs) for $120 million.