Capital Finance
Saint Vincent's Catholic Medical Centers of New York has announced the $260 million sale of its Manhattan campus to Rudin Management and the North Shore-LIJ Health System, paving the way for the opening of a 24-hour emergency center and ambulatory surgery center in Greenwich Village.
AmSurg has signed a definitive merger agreement for the acquisition of Dallas-based National Surgical Care for $173.5 million in cash.
Hospitals continue to see capital expenditure budgets increase while financial and supply chain executives are placing a greater focus on healthcare information technology (HIT) and patient safety, according to a survey published in the Premier healthcare alliance's March 2011 Economic Outlook analysis.
According to a new report issued by Fitch Ratings, the U.S. healthcare sector experienced an eventful but stable 2010 as the Patient Protection and Affordable Care Act was enacted and implementation of certain provisions of the bill took effect.
Kindred Healthcare has acquired the California operations of CareSouth HHA Holdings.
Health Care REIT, a Toledo, Ohio-based real estate investment trust, has completed the $2.4 billion acquisition of privately-owned Genesis HealthCare, which was originally announced in February.
The Iowa Health System, a seven-hospital system based in Des Moines, is considering a strategic partnership with Methodist Health Services of Peoria, Ill.
Universal Hospital Services, a provider of medical equipment management and service solutions, has completed its acquisition of the Emergent Group and its wholly owned subsidiary, PRI Medical Technologies, a provider of mobile medical lasers and surgical equipment.
MedAssets, based in Atlanta, has announced that The Nebraska Medical Center in Omaha will deploy the company's strategic sourcing and group purchasing, medical device and clinical consulting services for physician preference items, as well as the company's pharmacy consulting services.
Merger and acquisition activity in the health care industry's service sectors burgeoned in 2010 as the impact of the credit crunch and Great Recession on the economy began to fade says the seventeenth edition of Irving Levin Associates' "The Health Care Services Acquisition Report."