Capital Finance
Health facilities consume about two and one-half times the power of a standard commercial facility. Healthcare facilities are easily identifiable as a case study for green technology programs and the applications can be overwhelming.
HearUSA, a national hearing care provider network, is selling its assets to an affiliate of a Danish hearing care company to pull the company out of Chapter 11 bankruptcy.
The MRO Corporation, a King of Prussia, Pa.-based developer of disclosure management applications and services for healthcare providers, has acquired the assets of Keystone Management Solutions, a Malvern, Pa.-based provider of release of information services.
WakeMed Health and Hospitals of Raleigh, N.C., has submitted an unsolicited offer to purchase rival Rex Healthcare from the UNC Health Care system for $750 million.
Ventas has completed its $3.1 billion acquisition of 118 private-pay senior housing communities of the privately-owned Atria Senior Living Group. Ventas had announced the acquisition in October 2010.
Overall U.S. healthcare prices increased marginally from March 2011 to April 2011, rising 0.1 percent, according to the federal Bureau of Labor Statistics.
Waud Capital Partners has acquired Revenue Cycle Solutions, giving the Chicago-based private equity firm a platform to build a patient account resolution company serving hospitals, hospital-based physician groups and other healthcare facilities.
The Hospitalists Management Group and Cogent Healthcare have closed on a deal, announced in April, that merges the two companies. This combination forms the largest private hospitalist company in the United States.
Tenet Healthcare has rejected Community Health Systems' $7.25-per-share, all-cash offer to acquire the company, a move that likely signals an end to a six-month struggle for control of the Dallas-based operator of 49 hospitals and 84 acute care centers.
Fitch Ratings has downgraded the $18.8 million in bonds issued on behalf of St. Joseph Health Services of Rhode Island to 'B' from 'BB-', although conditions may improve long-term.