Capital Finance
Community Hospital Long Beach has joined MemorialCare Health System as its sixth hospital facility in Los Angeles and Orange counties and third hospital in Long Beach.
API Healthcare, a healthcare-specific workforce management technology company based in Wisconsin, and Kronos, a global workforce management solutions company based in Massachusetts, are terminating their previously announced merger agreement.
CVS Caremark expects to complete its $1.25 billion acquisition of the Medicare Part D business of Universal American on Friday - a deal that would more than double CVS Caremark's Part D business.
Alexian Brothers Health System and Ascension Health have signed a non-binding Letter of Intent, which makes plans for Alexian Brothers Health System to become part of Ascension Health, the largest Catholic health system in the nation.
Spurred by lower-than-expected medical costs, a medical enrollment increase of 875,000 and decreased administrative expenses, WellPoint announced first quarter 2011 earnings of $2.44 per share, an increase of 21 percent compared to 2010 first quarter earnings.
The Department of Veterans Affairs has announced two large construction contracts at VA Medical Centers in Colorado and Pennsylvania in the past week.
Lawson Software, which offers a wide range of business intelligence solutions that can be found in many of the nation's healthcare systems, has agreed to be acquired for roughly $2 billion by an affiliate of Golden Gate Capital and Infor.
The U.S Justice Department has broadened its probe of Community Health Systems' outpatient billing practices, according to a company filing with the Securities and Exchange Commission.
The rising demand for medical services to treat aging baby boomers, combined with shifts in approaches to treatments to curb rising costs, will significantly increase the need for new and refurbished medical office buildings in the decades ahead, says a new report.
One day after converting its hostile takeover bid to an all-cash offer of $6 per share for Tenet Healthcare, Community Health Systems filed a motion in U.S. District Court for the Northern District of Texas to dismiss a lawsuit brought by Tenet accusing CHS of improper Medicare billing.