Capital Finance
Bank SNB and Texas Capital Bank will give Foundation a $10 million acquisition line of credit and an additional $10 million on an incremental basis.
New York-based investment firm Deerfield Management on Wednesday said it has launched a $550 million healthcare venture capital fund to support companies developing advancements for treating genetic diseases, cancer and orphan diseases, as well as to support tech companies creating new therapeutic devices.
Capella Healthcare, a Franklin, Tennessee-based operator of hospitals and acute care centers, will be sold Medical Properties Trust, a Birmingham, Alabama-based real estate investment trust, for $900 million, the companies announced on Monday.
California's Daughters of Charity Health System has chosen BlueMountain Capital Management, a $21 billion, 12-year-old hedge fund, to recapitalize its operations.
Tenet Healthcare Corp., Dignity Health and Ascension have signed an agreement to form a partnership to own and operate Carondelet Health Network in Tucson, Arizona.
For-profit healthcare gets big bump from King v. Burwell ruling.
After being halted for several hours Wednesday due to a computer malfunction, trading on the New York Stock Exchange resumed at 3:10 p.m., officials said.
Hospital systems and other nonprofit healthcare institutions could soon find themselves losing long-held tax exemptions, as another major health system, New Jersey's Atlantic Health System, has lost its legal fight to avoid paying property taxes.
Landmark Healthcare Facilities this week said it has scored a $72 mortgage from GE Capital's Healthcare Financial Services business to purchase a new outpatient medical complex in Jacksonville, Florida.
Hospital strategy is increasingly shaped by patients seeking value and convenience, according to new report by Moody's.