Capital Finance
The Medical Imaging & Technology Alliance (MITA) and the Access to Medical Imaging Coalition (AMIC) have called on Congress to reject a proposal that is part of the Blue Cross Blue Shield Association's plan to save the healthcare system $319 billion, because it would require Medicare to use prior authorization for advanced imaging services.
Real-time location system firm AeroScout announced Wednesday that it has acquired Sentient Health, which provides software and services for optimizing inventory management of consumable medical supplies.
This summer’s financial market volatility and the continuing pressure on government spending have made it more cumbersome for healthcare companies to secure capital.
When the merger of hospitals owned by Stanford University and the University of California at San Francisco dissolved in 2000, it was to the tune of hundreds of millions of dollars and a lot of misery. Such failures are very rare say merger and acquisitions insiders.
Commercial plans paid $2.1 million and Medicaid paid $900,000 toward state's Multi-Payer PCMH Program's first biannual transformation payment.
Post Acute Medical purchased and will begin immediate operation of 40-bed Hill Country Specialty Hospital in New Braunfels, Texas.
In an effort to enhance the quality and coordination of healthcare services through the patient-centered medical home, the Health Resources and Services Administration (HRSA) granted $32 million to 904 health centers nationwide on Thursday.
Sony Corporation announced Wednesday that it has acquired Redmond, Wa.-based venture corporation Micronics, Inc. Sony said it made the acquisition to accelerate its research, development and commercialization of Point of Care diagnostic equipment.
The Department of Health and Human Services (HHS) Wednesday awarded $56.3 million for the development of five new drugs to treat injuries associated with acute radiation syndrome.
The awards were announced by the Substance Abuse and Mental Health Services Administration (SAMHSA) as part of its initiative to extend health information technology in healthcare settings that serve people with mental and substance use disorders.