Capital Finance
It's going to be a record-breaking year for mergers and acquisitions (M&A) in the healthcare industry, according to a recent report from Irving Levin Associates.
Community Health Systems, a publicly traded 133-hospital management company in Franklin, Tenn., has executed a definitive agreement to acquire the assets of Moses Taylor Health Care System, in Scranton, Pa.
A private equity group led by Apax Partners has agreed to buy San Antonio-based Kinetic Concepts, a publicly traded wound-care and tissue-regeneration company, for $6.3 billion, including debt.
Whether for patients with long drive times in rural communities or set in urban settings for a more convenient and quicker treatment, satellite emergency departments are attractive prospects and as two studies show, a fairly lucrative proposition for a health system looking to develop.
Baptist Hospital East in Louisville, Ky., part of the Baptist Healthcare System, has announced it will open two new Baptist Express Care locations in Walmart stores this month.
Three northeast Ohio health systems have created a for-profit company to aid the success of joint ventures in a competitive healthcare market.
Highmark and the West Penn Allegheny Health System have reached a provisional agreement that would see the health plan acquire the struggling hospital operator for $475 million.
Metropolitan Health Networks will acquire Continucare for $416 million in cash and stock, in a deal that will create a combined entity providing care to more than 68,000 Medicare Advantage and Medicaid customers in 18 Florida counties.
Medical-surgical supply costs have become the second highest and fastest-growing operating expense for providers. In an effort to help curb spending, healthcare technology company GHX released a list at the HFMA-ANI conference in Orlando that aims to give providers greater control in this area.
Many predictions were made early in 2011 about the issues that would challenge healthcare finance leaders this year. Does your experience bear them out?