Capital Finance
J.B. Hunt Transport Services, a Fortune 500 transportation outfit, is giving $5 million to the ongoing Arkansas Children's Northwest construction project, with the hope of bringing expert pediatric care closer to home for more than 200,000 children.
New York-based private equity firm Welsh, Carson, Anderson and Stowe has signed on to provide financing to senior care company Innovage, which will allow them to expand their services and pivot from a nonprofit to a for-profit entity.
Following the completion of its spin-off from Community Health Systems, Quorum Health Corp. on Friday reported a net loss of $5 million in the first quarter of 2016, which ended March 31, the company announced this week.
Heritage, which invests in companies focused on building technologies to address the most pressing challenges in healthcare, beat its original fund target by $20 million and its prior Healthcare Innovation Fund by more than $50 million.
U.S. Department of Health and Human Services Secretary Sylvia Burwell announced Wednesday that over $260 million in funding will be dispensed to 290 health centers in 45 states, the District of Columbia, and Puerto Rico. The funds are primarily for facility renovation, expansion, or construction.
The report is intended to reveal multiple inefficiencies in how large U.S. businesses manage their expenses.
Anthem's first quarter profit fell 18.7 percent from $865 million in the first quarter of 2015 to $703 million for the first three months of 2016, the company disclosed Wednesday.
Northwell Health has received a $500,000 grant from New York state to help find ways to save several struggling hospitals in Brooklyn. But according to the health system, that doesn't include Northwell buying or partnering with those troubled facilities.
Seventy-three nonprofit hospitals and medical organizations nationwide will share in a $3.2 million grant by Southwest Airlines that funds roundtrip air travel for specialized medical care to families who need it.
The first quarter of 2016 saw $1.4 billion in venture capital funding and the most merger and acquisitions transactions in a single quarter to date, according to Mercom Capital Group.