Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

Community Health Systems to acquire majority ownership of La Porte and Knox, Indiana Hospitals

Wednesday, December 30, 2015

Community Health Systems Inc announced today that subsidiaries of the Company have executed a definitive agreement to acquire a majority ownership of 227bed IU Health La Porte Hospital in La Porte and 50bed IU Health Starke Hospital in northwestern Indiana The subsidiaries will assume 80 percent own..

Shenzhen Glory Medical, Ningling govt to cooperate on hospital project

Wednesday, December 30, 2015

Shenzhen Glory Medical Co Ltd says signs cooperation agreement with Ningling county government on hospital project with investment worth 250 million yuan 3855 million reuterscom ..

Ground broken for new $17.5 million Fayetteville medical center

Wednesday, December 30, 2015

A groundbreaking for a new medical center took place Tuesday in Fayetteville Southern Regional Area Health Education Center plans to open the new location in 2017 The medical center serves families in Cumberland County and surrounding areas Its located at 1601 Owen Drive The new building will be ..

Samsung Elec says sells new chip for health-focused wearables

Tuesday, December 29, 2015

Tech giant Samsung Electronics Co Ltd said on Tuesday it has started selling a new processor aimed at healthfocused wearable products seeking to tap into a fastgrowing market The new chip is the first that can take multiple measurements including body fat skin temperature and heart rate as well a..

Medline announces $4 million deal with Tennessee Health Management

Tuesday, December 29, 2015

Medical supplier Medline and Tennessee Health Management Monday announced that Medline has been selected as the exclusive distribution partner of the health system39s 50plus entities in a 4 million deal Through the prime vendor partnership Medline is providing Tennessee Health Management which prov..

Adelante Health Center opens in Central Phoenix

Tuesday, December 29, 2015

Adelante Healthcare is proud to announce the opening of a new Family Health Center in Central Phoenix providing Family Medicine Internal Medicine and Pediatrics The 5500 square foot facility marks the ninth Adelante Health Center and is located at 500 West Thomas Road Suite 870 on the campus of St ..

$320 million New Yishun Community Hospital opens to patients

Monday, December 28, 2015

The 320 million Yishun Community Hospital opened its doors to patients on Monday Dec 28 The 428bedded hospital which offers rehabilitative subacute dementia and palliative care is opening in phases and will start with five subsidised wards or 170 beds Outpatient facilities such as the Day Rehabili..

Omron Healthcare India eyes $40 million sales in 2018-19 fiscal

Monday, December 28, 2015

Japanese health monitoring products maker Omron Healthcare is looking at over twofold increase in its revenues in India to USD 40 million nearly Rs 265 crore by 201819 on the back of sales network expansion across the country The company which is expecting to clock sales of USD 188 million in the c..

Dubai-based Aster DM Healthcare eyes acquisitions to maintain fast growth

Monday, December 28, 2015

Aster DM Healthcare plans to maintain revenue growth of up to 30 per cent as the Dubaibased healthcare provider invests about US250 million in the next two to three years in the Arabian Gulf region and looks for acquisitions The companys current compound annual growth rate Cagr between 2013 and thi..

MVP acquires Avita Medical’s Australian Respiratory Business

Thursday, December 24, 2015

Medical Developments International Limited is delighted to announce that it has signed an agreement to acquire the respiratory business of Avita Medical Limited ASX AVH Avitas respiratory business includes the BreathATech branded range of products which is the leading brand of asthma space chambers ..

Prime Healthcare brings fight with SEIU to circuit

Thursday, December 24, 2015

A large hospital chain is heading to the US 9th Circuit Court of Appeals to try to renew its fiveyearold battle against the union that has been trying to organize its workers In February Prime Healthcare Services Inc will argue before the federal appeals court that the district court erred in twice..

Cloudnine Hospital gets Rs 400 crore as IVFA buys minority stake

Thursday, December 24, 2015

India Value Fund Advisors IVFA has bought a significant minority stake in maternity care chain Cloudnine Hospital with an investment of Rs 400 crore The investment round has also provided a near sevenfold return to Matrix Partners India an early investor in Cloudnine which sold some of its holding i..

EQT to acquire Italian health care device maker Lima

Thursday, December 24, 2015

EQT Holdings AB says EQT VII to acquire Italian health care device manufacturer Lima Says the company is headquartered in Udine Italy and has approximately 750 employees reuterscom ..

CryoLife announces definitive agreement to acquire On-X Life Technologies Holdings, Inc.

Wednesday, December 23, 2015

CryoLife Inc a leading medical device and tissue processing company focused on cardiac and vascular surgery announced today that it has entered into a definitive agreement to acquire OnX Life Technologies Holdings Inc OnX an Austin Texasbased privately held mechanical heart valve company J Patrick ..

TPG invests $75 million into life sciences service firm

Wednesday, December 23, 2015

The growth equity arm of buyout firm TPG Capital LP has invested 75 million in life sciences services company Precision for Medicine according to people familiar with the matter the latest in a string of TPG investments in the healthcare sector The sources asked not to be identified ahead of an ann..

U.S. signs up 8.2 million people so far for insurance on HealthCare.gov

Wednesday, December 23, 2015

The US government signed up 82 million people for health insurance through the HealthCaregov website including 21 million people from the insurers39 most soughtafter demographic those aged under 35 the top health official said on Tuesday That compares with the 64 million people who signed up or we..

MultiCare Health System acquires Hospice of Kitsap County

Wednesday, December 23, 2015

Hospice of Kitsap County will become part of MultiCare Health System as of Feb 1 bringing together two organizations committed to providing care and comfort to patients Operating under the name of MultiCare Hospice the two organizations will work to expand access to hospice resources in Kitsap Coun..

Le Bonheur Children's Hospital announce $55 Million expansion plans in Tennessee

Tuesday, December 22, 2015

Le Bonheur Childrens Hospital is the latest Memphis hospital to announce expansion plans The hospital will file a certificate of need with the state of Tennessee in early 2016 for a new facility on the hospitals campus confirmed Meri Armour CEO of Le Bonheur Childrens Hospital Le Bonheur currently..

Norton Healthcare, University of Louisville finalize Kosair Children's Hospital deal

Tuesday, December 22, 2015

Norton Healthcare and the University of Louisville today announced they have reached agreements which end more than five years of negotiations and more than two years of litigation The University of Louisville Physicians group and the Commonwealth of Kentucky are also parties to the agreements This..

Meridian Health selects Teladoc for telehealth services

Tuesday, December 22, 2015

Teladoc Inc the nations first and largest telehealth provider announced it has been selected by Meridian Health a leading notforprofit health care organization in New Jersey for telehealth services that will be offered to the residents Meridian serves Meridian is planning its telehealth launch for f..

TOP