Capital Finance
Thomson Reuters today announced that it has suspended the divestiture process for its healthcare business. The company had revealed plans to sell the division in June.
Fujifilm Holdings Corporation announced Wednesday that it has entered into a definitive agreement to acquire ultrasound technology firm SonoSite, Inc. for approximately $995 million.
Medical device giant, Medtronic, admits no wrongdoing but has agreed to pay the federal government $23.5 million to settle claims that it paid doctors kickbacks to get them to use its pacemakers and defibrillators.
A dermatology product manufacturer purchased by pharmaceutical company GlaxoSmithKline in 2009 and its former chief executive are being sued by federal regulators for allegedly defrauding employee shareholders of more than $110 million.
If the Internal Revenue Service's audits prove founded, medical device maker, Boston Scientific, owes more than $1 billion in back taxes.
An important reason that medical costs are so high in Massachusetts is that residents are accustomed to visiting major teaching hospitals for routine care.
A contract that enticed a 150-member doctor group affiliated with Beth Israel Deaconess Medical Center to Steward Health Care System continues to cause concern in Massachusetts.
Employment by health systems is surging for Texas physicians as well as physicians across the country. 65% of physicians who changed jobs in 2009 moved into a hospital employment model according to a 2009 poll by the Medical Group Management Association.
Standard & Poor's removed six nursing homes from CreditWatch and affirmed their respective ratings on Wednesday.
The hospital industry is currently facing a confluence of trends that require a complete reexamination of the cost and value of new hospital construction. Despite a slight increase in Medicare payments for 2012, Medicare, Medicaid, and private insurance reimbursements remain under significant, long-term downward pressure, which have the potential to be further reduced in the wake of Congress’ super committee failure.