Capital Finance
The University of Michigan's Board of Regents has set aside $13.7 million to create the Institute for Healthcare Policy and Innovation, which will focus on public health policy and an interdisciplinary approach to tackling healthcare challenges.
Emergency Medical Services, a Colorado-based ambulance operator and physician services company, has completed its merger with private equity firm Clayton, Dubilier & Rice. The $3.2 billion sale, announced in February, is expected to close on May 25.
MedAssets, based in Atlanta, has announced that the Kettering Health Network, a Dayton, Ohio-based health network comprised of seven hospitals and more than 60 healthcare facilities, has selected key components of the company's Spend and Clinical Resource Management solutions to help optimize overall financial performance.
I often hear from hospitals that they’re being squeezed greatly on cost and not getting paid enough by government and private payers. I have some sympathy for this argument, but on the other hand somehow this country outspends every other country by at least two to one, and hospitals are a big part of the reason.
HASCO Medical, a Mobile, Ala.-based managed healthcare provider serving patients in Alabama, Florida and Mississippi, has purchased Mobility Freedom and Wheelchair Vans of America, both based in Florida.
Economic growth is expected to continue in the United States throughout the remainder of 2011, say the nation's purchasing and supply executives in their spring 2011 Semiannual Economic Forecast.
Texas-based LifeCare Holdings has entered into a definitive agreement to acquire all of the HealthSouth Corporation's long-term acute care hospitals (LTACHs) for $120 million.
Health facilities consume about two and one-half times the power of a standard commercial facility. Healthcare facilities are easily identifiable as a case study for green technology programs and the applications can be overwhelming.
HearUSA, a national hearing care provider network, is selling its assets to an affiliate of a Danish hearing care company to pull the company out of Chapter 11 bankruptcy.
The MRO Corporation, a King of Prussia, Pa.-based developer of disclosure management applications and services for healthcare providers, has acquired the assets of Keystone Management Solutions, a Malvern, Pa.-based provider of release of information services.