Richard Pizzi

Cornerstone Healthcare Plus REIT, an Irvine, Calif.-based real estate investment fund, has closed a $14.75 million deal for a 42-bed inpatient rehabilitation facility in Dallas.

Seven North Carolina hospitals who formed the Southern Atlantic Health Care Alliance purchasing coalition in 2007 have reportedly saved $2.8 million in supply costs over the past two years.

Emory Healthcare, the largest healthcare system in Georgia, is boosting eligibility services at its metro Atlanta facilities to help its growing self-pay patient population obtain healthcare coverage.

The U.S. Department of Health and Human Services has expanded Medicare coverage of evidence-based tobacco cessation counseling to any beneficiary who is a smoker.

Kindred Healthcare, one of the nation's leading long-term care hospital companies, is acquiring five acute care hospitals in California and three nursing homes in Texas in two separate deals totaling $218 million.

Fitch Ratings has downgraded more than $131 million worth of revenue bonds issued on behalf of the Valley Baptist Health System in Harlingen, Texas.

Federal mediators have called for nurses and administrators at two Duluth, Minn.-area hospitals to resume contract discussions this week.

The Bon Secours Charity Health System, a three-hospital health system based in Suffern, N.Y., intends to partner its New York hospitals with area employers to help identify specific employee health risks.

The Washington State Department of Health has approved a first-of-its-kind partnership between Seattle-based Swedish Medical Center and Stevens Hospital in Edmonds, Wash.

The ProMedica Health System, a 10-hospital health system based in Toledo, Ohio, has implemented a daily price auditing solution in its laboratory that has helped identify more than $8,000 in pricing errors.