Capital Finance
As lawmakers debate what to do to avoid the sequestration of the Budget Control Act, those getting hit with the mandated cuts, such as defense and healthcare, are making sure Congress understands what the cuts will mean for their industries.
It may not occur to smaller senior living companies to seek a credit rating from a credit rating agency like Fitch Ratings, Standard & Poor's or Moody's, but for companies large and small, there are financial benefits said a group of panelists during an online senior living business conference held in March.
In its Spring 2012 Economic Outlook report, Premier healthcare alliance reported that impending reimbursement reductions and uncertainty around the potential impact of health reform will likely lead to more conservative hospital capital budget expenditures for the year.
Two panel discussions Monday at the American Telemedicine Association's conference in San Jose, Calif., tackled money issues. Healthcare providers are looking for a return on investment in telemedicine applications and venture capitalists are looking for a reason to invest in the growing industry.
WellPoint Inc. yesterday announced it earned $2.53 per share in the first quarter of 2012, a drop of 8 percent compared to the same period last year, though it beat analyst projections by seven cents a share.
Merger and acquisition activity in the healthcare industry posted strong gains during the first quarter of 2012 over the prior and year-ago quarters, healthcare M&A data publisher Irving Levin Associates reported Wednesday.
Thomson Reuters will sell its healthcare business to an affiliate of Veritas Capital for $1.25 billion in cash, the company announced Monday.
Workforce management firm Kronos announced Monday its acquisition of UK-based SMART Computer Holdings and its Spanish affiliate SMART Human Logistics.
Targeted geographic expansion into new markets with well-insured people is the new frontier for hospitals seeking a competitive edge in the marketplace, according to a study by the Center for Studying Health System Change (HSC) published in the April edition of Health Affairs.
In its recently released Drug Price Forecast, supply contracting services company Novation projected an estimated weighted drug price inflation of 1.36 percent in the cost of pharmaceuticals from July 1, 2012, through June 30, 2013 in acute care hospital settings. The forecast is based on purchase history and data associated with Novation Pharmacy Program participant healthcare organizations.