Capital Finance
Milwaukee medical office developer Landmark Healthcare Facilities this week picked up a $33.5 million mortgage by Healthcare Financial Services to build a 90,000-square-foot medical office building in Kansas City, Missouri.
Healthcare construction nationwide is booming, with about $97 billion in projects for new hospitals, expansions and off-campus clinics and medical offices currently underway.
Menlo Park, California-based Frazier Healthcare Partners has closed on a $262 investment fund that it plans to use to back biomedical companies developing new therapeutics products.
Venture capital funding for digital health rebounded in the third quarter of 2015, up 32 percent quarter over quarter with $1.6 billion doled out across 148 deals, according to a new report from Mercom Capital Group.
More than $240 million is being pumped into the National Health Service Corps and NURSE Corps scholarship and loan repayment programs as incentive for primary care clinicians to practice where they are needed most, Health and Human Services Secretary Sylvia Burwell announced Wednesday.
Investing gives health systems the chance to partner at the first phase of promising new healthcare technologies and services. But it also allows systems to have an attractive investment, given modest returns from securities and low bank interest rates.
While the Supreme Court decision in King v. Burwell that cleared subsidized health insurance premiums under the Affordable Care Act removed a lot of uncertainty from hospital finance, little has changed when it comes to hospitals' access to debt. But that may change.
Nonprofits had held back on issuing bonds when the Affordable Care Act took effect on 2013 over concerns that disruptions in cash flow tied to reforms would make it harder to pay back debt for capital improvements.
Standard & Poor's has changed its outlook on nonprofit healthcare from 'negative' to 'stable,' the credit agency reported this week, as a flood of mergers and increased utilization due to Medicaid expansion continues to lift the sector.
Companies listed in the S&P 500 Healthcare Index fell more than 4 percent at market open.