Capital Finance
Tenet Healthcare has taken its fight to stave off a hostile takeover bid by Community Health Systems to the next level - filing a lawsuit that alleges the hospital operator improperly bills cases as higher-paying admissions rather than lower-paying outpatient observations.
The Children's Aid Society has acquired a new healthcare facility in the Bronx. The 40,000-square-foot facility is replacing its Bronx Family Center and will double the aid society's capacity for its medical, dental and mental health services programs.
Elsevier/MEDai has announced that AtlantiCare, the largest health system in southeast New Jersey, will implement Orlando, Fla.-based MEDai's Risk Navigator suite of solutions to provide analytics for its Health Engagement program.
Saint Vincent's Catholic Medical Centers of New York has announced the $260 million sale of its Manhattan campus to Rudin Management and the North Shore-LIJ Health System, paving the way for the opening of a 24-hour emergency center and ambulatory surgery center in Greenwich Village.
AmSurg has signed a definitive merger agreement for the acquisition of Dallas-based National Surgical Care for $173.5 million in cash.
Hospitals continue to see capital expenditure budgets increase while financial and supply chain executives are placing a greater focus on healthcare information technology (HIT) and patient safety, according to a survey published in the Premier healthcare alliance's March 2011 Economic Outlook analysis.
According to a new report issued by Fitch Ratings, the U.S. healthcare sector experienced an eventful but stable 2010 as the Patient Protection and Affordable Care Act was enacted and implementation of certain provisions of the bill took effect.
Kindred Healthcare has acquired the California operations of CareSouth HHA Holdings.
Health Care REIT, a Toledo, Ohio-based real estate investment trust, has completed the $2.4 billion acquisition of privately-owned Genesis HealthCare, which was originally announced in February.
The Iowa Health System, a seven-hospital system based in Des Moines, is considering a strategic partnership with Methodist Health Services of Peoria, Ill.