Capital Finance

Facing financial difficulties and an eagerness to grow, nonprofit and smaller hospitals are looking towards merging with larger health systems.

Kindred Healthcare continues expanding its footprint in the home healthcare sector with the acquisition of Professional HealthCare, a portfolio company of Mainsail Partners. The definitive agreement signed by the two companies will transfer Professional's 27 home healthcare locations to Kindred for $51 million in cash.

Emdeon, a healthcare payment and revenue cycle management and clinical information exchange solutions provider, will merge with investment firm Blackstone Capital Partners in a $3 billion deal that gives a controlling interest to Blackstone, the company announced Thursday.

Finding ways to create a payment model that rewards high-quality outcomes, reduces avoidable costs and protects payer and provider margins is the ultimate goal of those working to reform the healthcare system today.

McKesson has announced an agreement to buy Portico Systems for a reported $90 million, a deal that will combine the two companies' offerings around care management and network management and position McKesson for anticipated shifts in the healthcare market.

Community Health Systems, Inc., one the largest publicly-traded hospital companies in the United States, has executed a definitive agreement to acquire the assets of Tomball Regional Medical Center, in Tomball, Texas.

With the August 2 deadline of a debt ceiling plan approaching fast, we at Healthcare IT News decided to ask our Twitter followers what their biggest fears and aggravations were on the situation, concerning healthcare.

Massachusetts-based medical device company, Boston Scientific, plans on investing $150 million in China over the next five years in order to expand its presence in one of the fastest-growing medical device markets.

In an era when healthcare organizations are laser-focused on cost, obvious excesses in spending are long gone. That doesn't mean the pressure to increase efficiency and reduce expenses has ended—it simply means that organizations have to look more closely at what they do, how they do it, and how much value they receive.

athenahealth, an EMR and practice management provider, announced on Thursday that it has signed a deal to acquire Birmingham, Ala.-based Proxsys, developer of cloud-based care coordination between hospitals and physicians, in an effort to bolster growth of its coordinated care services.