Capital Finance
When I attended the Building Owners and Management Association (BOMA) International’s Medical Office Buildings & Healthcare Facilities conference in Atlanta in early May, one word I heard repeatedly was “decentralization.” One healthcare executive after another spoke to the audience of mostly healthcare real estate professionals about their evolving real estate strategies, which focused heavily on offering patient services in locations other than the main hospital campus and at times other than the traditional 8 a.m. – 5 p.m. office hours.
David Walker, founder and CEO of the Comeback America Initiative and former U.S. Comptroller General, gave Healthcare Finance News’ Managing Editor Stephanie Bouchard a glimpse of what to expect when he presents his keynote address to attendees of the Healthcare Financial Management Association’s annual conference on June 26.
The $1.25 billion sale of the Thomson Reuters Healthcare business to an affiliate of Veritas Capital was completed Wednesday. The new company will be knows as Truven Health Analytics.
Universal Health Services, Inc., one of the nation's largest hospital companies, announced Monday that it has reached a definitive agreement to acquire Ascend Health Corporation for $500 million in cash.
The National Association for Home Care & Hospice (NAHC) and the Home Care & Hospice Financial Managers Association (HHFMA) have released the home care and hospice industry's first uniform chart of accounts in an effort to create financial reporting uniformity for the industry.
As hospitals and health systems launch construction projects and refinance debt in order to remain competitive in the marketplace, they should be considering all their capital financing options, said Thomas R. Green, CEO of Columbus, Ohio-based investment firm Lancaster Pollard.
Six states -- Illinois, Nevada, Oregon, South Dakota, Tennessee and Washington -- will receive $181 million in grants from the U.S. Health and Human Services Department to help them establish health insurance exchanges.
There are market forces keeping the healthcare mergers and acquisitions market active but not frenetic, according to analysts at a panel called "Financing The Deal" at the Nashville Health Care Council on May 15.
Moody's expects an increasing number of healthcare companies to initiate dividend payments to shareholders as investors place higher value on immediate, stable income amid today's low interest rate environment, according to the new special comment "Peer Pressure Will Drive More Healthcare Companies to Pay Dividends."
Long-term care pharmacy provider, Omnicare, has reached a settlement with the Justice Department that is the largest controlled substance settlement in history, said the Drug Enforcement Administration.