Capital Finance
Last week's initial public offering for biotech company Juno Therapeutics could pay dividends for several Seattle-based healthcare providers as the company brings its cancer treatments to market.
Here's a look at some more recent headlines in the world of healthcare finance.
Michigan-based Trinity Health Care on Wednesday said it will acquire Saint Francis Care, a three-hospital system based in Hartford, Connecticut, for an undisclosed sum.
Colorado-based Catholic Health Initiatives saw its credit rating cut this week when Standard & Poor’s dropped it from a A+ to an A over first quarter losses.
San Francisco-based healthcare services company McKesson Corp. said it has launched a venture fund to invest in healthcare companies, targeting firms that plan new products tied to the growing consumerism within healthcare.
Former U.S. Senate Majority Leader Bill Frist, MD, has joined Carrick Capital Partners, LLC, as a special adviser to the investment firm.
Cooper University Health Care is poised to expand its footprint in Camden, New Jersey after scoring a $39.9 million tax deal from the state.
Credit ratings agency Moody’s issued a negative outlook on U.S. nonprofit hospitals in 2015, as smaller hospitals continue to weaken amid changes to the industry.
Connecticut's state hospitals saw their profit from operations fall by about 35 percent in fiscal 2013, a new report shows, while income from non-operational means increased by the same amount.
Two years ago General Dynamics, one of the biggest federal contractors, reported a quarterly loss of $2 billion. An "eye-watering" result, one analyst called it.