Capital Finance
WakeMed Health and Hospitals of Raleigh, N.C., has submitted an unsolicited offer to purchase rival Rex Healthcare from the UNC Health Care system for $750 million.
Ventas has completed its $3.1 billion acquisition of 118 private-pay senior housing communities of the privately-owned Atria Senior Living Group. Ventas had announced the acquisition in October 2010.
Overall U.S. healthcare prices increased marginally from March 2011 to April 2011, rising 0.1 percent, according to the federal Bureau of Labor Statistics.
Waud Capital Partners has acquired Revenue Cycle Solutions, giving the Chicago-based private equity firm a platform to build a patient account resolution company serving hospitals, hospital-based physician groups and other healthcare facilities.
The Hospitalists Management Group and Cogent Healthcare have closed on a deal, announced in April, that merges the two companies. This combination forms the largest private hospitalist company in the United States.
Tenet Healthcare has rejected Community Health Systems' $7.25-per-share, all-cash offer to acquire the company, a move that likely signals an end to a six-month struggle for control of the Dallas-based operator of 49 hospitals and 84 acute care centers.
Fitch Ratings has downgraded the $18.8 million in bonds issued on behalf of St. Joseph Health Services of Rhode Island to 'B' from 'BB-', although conditions may improve long-term.
National Health Investors has closed a $15 million purchase of four assisted living and memory care communities, totaling 183 units, in Louisiana.
Management Health Solutions, a Fairfield, Conn.-based provider of supply chain optimization solutions for hospitals and healthcare systems, has unveiled 2-Bin Mobile Supply Chain, a new software solution designed as an enhancement to the company's CartCount module.
Business intelligence may sound “techie,” but it really isn’t.