Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

Alliance Oncology to acquire Pacific Cancer Institute of Maui

Saturday, October 31, 2015

Alliance Oncology a national outsourcing healthcare service provider has signed an agreement to acquire 95 percent controlling interest in the Pacific Cancer Institute of Maui the center announced this week The Maui radiation oncology center located at 227 Mahalani St in Wailuku was founded by Dr B..

Quality Systems announces agreement to acquire HealthFusion Holdings, Inc.

Saturday, October 31, 2015

Quality Systems Inc announced an agreement to acquire HealthFusion Holdings Inc HealthFusion for 165 million plus potential additional contingent consideration of up to 25 million Based in San Diego Calif HealthFusion is a privately held developer of webbased cloud computing software for physicians..

Frazier Healthcare Partners closes oversubscribed $262 Million Life Sciences Fund

Friday, October 30, 2015

Frazier Healthcare Partners a leading healthcarefocused investment firm founded in 1991 has announced the closing of Frazier Life Sciences VIII LP a fund with 262 million in capital commitments that will invest exclusively in companies developing novel therapeutics Frazier Life Sciences VIII is the ..

Aurora Diagnostics acquires consultants in Laboratory Medicine of Greater Toledo

Friday, October 30, 2015

Aurora Diagnostics announced that it has acquired Consultants in Laboratory Medicine of Greater Toledo Inc a hospitalbased practice providing anatomic laboratory medicine professional pathology services to 11 hospitals in Michigan and Ohio Consultants in Laboratory Medicine serves the ProMedica Hea..

Omnicell, Inc. to acquire Aesynt for $275 Million

Friday, October 30, 2015

Omnicell Inc a leading provider of medication and supply management solutions to healthcare systems today announced it has entered into a definitive agreement to acquire Aesynt Incorporated The acquisition would create the broadest product portfolio in the industry with significant offerings in auto..

UnitedHealth Group close to buying Helios for about $1.6 billion

Thursday, October 29, 2015

Health Insurer UnitedHealth Group Inc UNHN is nearing a deal to buy Helios for more than 16 billion according to a source familiar with the matter The takeover of Helios which is owned by Kelso Company and Stone Point Capital LLC could be announced as early as this week Bloomberg reported earlier ..

MabSpace Biosciences Secures $15 Million in Series A Financing from Lilly Asia Ventures

Thursday, October 29, 2015

MabSpace Biosciences Co Ltd a company focused on the discovery and development of antibodybased therapeutics with proprietary immune tolerance breaking technology today announced the completion of a 15 million Series A financing which will be used to advance MabSpaces pipeline of therapeutic antibod..

Envision Healthcare announces closing of Rural/Metro acquisition

Thursday, October 29, 2015

Envision Healthcare Holdings Inc announced that it has completed the previously announced acquisition of RuralMetro Corporation RuralMetro through Envisions medical transportation segment American Medical Response AMR RuralMetro39s operations generate annual revenue of approximately 590 million and ..

Thai Thonburi Hospital Group plans to list shares in 2016

Thursday, October 29, 2015

Thailand39s Thonburi Hospital Group is planning to raise about 8 billion baht 225 million in an initial public offering next year that could make it the thirdlargest listed healthcare stock in Thailand the group39s chairman said Thonburi has two general hospitals in Bangkok and in the past 10 years..

Saudi-based Al-Jomaih to invest RM500 Million in Malaysia's Healthcare Industry

Wednesday, October 28, 2015

Saudibased AlJomaih Group plans to invest up to RM500 million in Malaysia39s halal pharmaceutical and healthcare industry Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said so far the group had invested RM286 million in two projects in the Enstek Halal Park Negeri Sembilan He said AJ Biol..

Saratoga Hospital and Albany Medical Center plan affiliation

Wednesday, October 28, 2015

Saratoga Hospital and Albany Medical Center have signed a letter of intent to affiliate paving the way for a more comprehensive costeffective and integrated health care system Leaders of both hospitals announced plans for the partnership today and expect to finalize the affiliation during 2016 In a..

Nipro Corporation enters into definitive agreement to sell its Nipro Diagnostics Subsidiary to Sinocare Group

Wednesday, October 28, 2015

Nipro Corporation announced it has signed a definitive purchase agreement with Sinocare Group SHE 300298 under which Sinocare Group will acquire Nipro Diagnostics a wholly owned subsidiary of Nipro Corporation for approximately 273 million in cash Nipro Diagnostics is a global consumer health and w..

SRI International awarded $40 Million NICHD contract for preclinical development of New Contraceptive Products

Wednesday, October 28, 2015

SRI International has been awarded a Biological Testing Facility BTF contract of up to 40 million from the Eunice Kennedy Shriver Institute of Child Health and Human Development NICHD to conduct preclinical development of potential new contraceptive and therapeutic products Under the contract SRI Bi..

Oakland Children’s Hospital breaks ground for new center

Tuesday, October 27, 2015

This wasnt any ordinary groundbreaking ceremony The symbolic construction kickoff for a new sixstory outpatient center at the UCSF Benioff Childrens Hospital Oakland was a 90minute affair Monday featuring one of the Bay Areas richest power couples the governor and more than a few local elected offi..

TeamHealth acquires Three Emergency Department Medical Groups in Las Vegas, Nevada

Tuesday, October 27, 2015

TeamHealth Holdings Inc a leading physician services organization announced the acquisition of the operations of three affiliated medical groups Fremont Emergency Services Advanced Care Emergency Services and Advanced Care Emergency Specialists which collectively manage and staff eight hospital emer..

Memorandum of Understanding (MoU) signed for construction of First Nuclear Hospital in Tehran, Iran

Tuesday, October 27, 2015

The Atomic Energy Organization of Iran AEOI Iranian health ministry and Tehran municipality signed an agreement for the construction of Irans first nuclear hospital here in the capital city In a ceremony held in Tehrans Velayat Park AEOI Chief Ali Akbar Salehi Health Minister Seyed Hassan Qazizadeh..

Elekta inaugurates new radiation therapy training center in South Africa

Tuesday, October 27, 2015

On October 23 Elekta inaugurated its advanced Elekta Training Center Cape Town a collaboration between Elekta and Cape Towns Tygerberg Hospital and Cape Peninsula University of Technology CPUT Equipped with nonclinical Elekta systems for radiation therapy brachytherapy oncology information managemen..

3D Medical and Mach7 Technologies enter into Binding Merger Agreement

Monday, October 26, 2015

3D Medical Limited is pleased to announce it has entered into a binding Heads of Agreement to merge with Mach7 Technologies Pte Ltd Mach7 through acquisition of 100 of the issued capital of Mach7 Mach7 is the parent company of Mach7 group Mach7 and 3DM enjoy a strong working relationship in 3DMs cap..

US Medical Innovations announces plans for New Robotic Surgical System

Monday, October 26, 2015

US Patent Innovations LLC filed for patent protection United States Patent and Trademark Office on the Canady RoboTM Surgical Systems with robotic surgical miniinvasive accessories The new robotic system does not require a large console in an adjacent room or bedside within the OR such as those requ..

University Hospitals to build $32.4 million health center in North Ridgeville

Saturday, October 24, 2015

A new addition is on the way to the bustling health care market of Lorain County University Hospitals on Thursday Oct 22 announced it plans to build a 324 million outpatient health center and freestanding emergency department in North Ridgeville Construction will start later this year and the facil..

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