Capital Finance
Hospital mergers and acquisitions saw a marked increase in activity in 2010, according to Deal Search Online, a database maintained by Irving Levin Associates, Inc. The database recently released the five largest hospital transactions reported in 2010.
Taleo, a Dublin, Calif.-based provider of on-demand talent management solutions, has signed a definitive agreement to acquire Cytiva Software, an Emeryville, Calif.-based provider of on-demand recruiting software solutions, for approximately $1 million (Canadian) in cash.
At the end of December, the U.S. Census Bureau released its findings on the 2010 Census. Some of the findings included that the nation's population grew to 309 million, up almost 10 percent from 281 million in 2000.
U.S. HealthWorks, a national operator of occupational healthcare centers, has acquired two medical centers in south Florida.
Investment in healthcare companies fell 7 percent in 2010 to $7.4 billion for 702 deals, according to Dow Jones VentureSource. The industry's smallest sector, Healthcare Services, saw the strongest growth, tripling the capital raised in 2009.
Apple, eBay, HP, Intel, Intuit and Oracle have joined to provide $150 million to help support the building of the New Stanford Hospital, which is being called a global model for patient-centered and technologically advanced healthcare.
Amerinet, a St. Louis-based national group purchasing organization, has begun offering member facilities a program designed to help reduce energy consumption.
Analysts speaking at the Nashville Health Care Council this week said the nation should expect to see more hospital consolidation and more patients in the healthcare system in the future.
Three of the nation's top hospital companies and two major hospital systems - together representing more than 400 hospitals across the country - have invested in the Heritage Healthcare Innovation Fund L.P., a venture fund focused on investments in businesses that improve the delivery of healthcare services.
Overall U.S. healthcare prices increased slightly from November to December, rising 0.3 percent, according to the federal Bureau of Labor Statistics.