Capital Finance
The groundbreaking for the Medical Services Building at the planned Silver Cross Hospital campus in New Lenox, Ill., marks the first project for a newly created healthcare real estate company that will use joint venture capital funding to pursue more projects.
After a period of capital budget cuts and freezes, hospitals are seeing a thaw in capital expenditures, according to a survey published in the Premier healthcare alliance's September 2010 Economic Outlook analysis.
MedeAnalytics, an Emeryville, Calif.-based provider of healthcare performance management solutions, has announced that Blue Shield of California will deploy the company’s Medical Management Analytics solution for use in its Healthcare Services division.
Charitable giving for U.S. healthcare plunged 11 percent in 2009, compared with a 5 percent boost in Canada, according to the Association for Healthcare Philanthropy.
The U.S. Army Corps of Engineers has selected a joint venture to design and build a replacement hospital on the Army base at Fort Hood, Texas.
The University of California Board of Regents has approved funding plans for the new UCSF Medical Center at Mission Bay.
Operating revenue at California's community health clinics grew 22 percent between 2005 and 2008, according a new report from the California HealthCare Foundation.
Saratoga Hospital, a 207-bed community hospital in Saratoga Springs, N.Y., and Albany Medical Center, a 651-bed academic medical center in Albany, N.Y., are partnering to provide outpatient emergency care at a jointly run facility.
A recent article in Forbes titled "America's Most Profitable Hospitals" listed the 25 most profitable hospitals in the country. Among the questions asked were whether the profitability was a result of "running a tight ship and providing good quality or using market leverage to achieve monopoly power?"
Oxford Finance Corporation, a subsidiary of Sumitomo Corporation, has closed a $19.8 million deal for a senior credit facility with LifeHOUSE Health Services, a wholly owned subsidiary of LifeHOUSE Holdings, LLC.