Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

The Vistria Group Acquires Supplemental Health Care

Friday, February 12, 2016

Supplemental Health Care announced Thursday it has partnered with The Vistria Group a Chicagobased private investment firm Longtime staffing industry leaders and Vistria operating partners Greg Palmer and Ron Malone will serve on Supplemental Health Cares Board of Directors as chairperson and vicec..

Clinton and Sanders battle in debate over healthcare, Wall Street ties

Friday, February 12, 2016

Democratic presidential candidates Hillary Clinton and Bernie Sanders battled over healthcare and Wall Street in a debate on Thursday with Clinton accusing Sanders of misleading Americans on his healthcare plan and making promises that cannot be kept In a sixth presidential debate that featured sev..

Amedisys Announces Definitive Agreement to Acquire Associated Home Care

Friday, February 12, 2016

Amedisys Inc one of the nations leading home health care and hospice companies today announced that it has signed a definitive agreement to acquire Associated Home Care a privateduty home healthcare agency headquartered in North Andover Massachusetts Under the terms of the agreement Amedisys will ac..

Can’t Go Live: Indian & Singaporean Scientists Need Live Sample to Make ZIKA Test Kit

Thursday, February 11, 2016

Its a battle against time for Asian scientists who are scrambling to prepare a test kit for the Zika virus but their efforts cannot come to fruition in the absence of a live sample which is imperative for the research The infamous virus supposed to be the cause of brain anomalies in over four thous..

Koumbas Group Sells its Entire Stake in Perseus Health Care

Thursday, February 11, 2016

Koumbas Synergy Group sells its entire 1596 stake in Perseus Health Care to Restitutionary Management Advice Limited for 60 million euros 671 million To pay part of the outstanding debt obligations with proceeds from Perseus Health Care sale Source reuterscom ..

HBM Healthcare Investments Invests in ARMO BioSciences

Thursday, February 11, 2016

HBM Healthcare Investments AG adds cancer immunotherapy company ARMO BioSciences to portfolio ARMO BioSciences announced successful completion of a 50 million Series C financing HBM Healthcare Investments invested 10 million in this round Source reuterscom ..

Health insurer Humana takes fourth-quarter charge for 2016 individual losses

Thursday, February 11, 2016

Health insurer Humana Inc HUMN which is being bought by rival Aetna Inc AETN on Wednesday said that it had set aside 74 cents per share in the fourth quarter to cover anticipated shortfalls in its 2016 individual health plan business Humana had said last month that it would book anticipated losses ..

Premise Health continues expansion with acquisition of IMWell Health

Wednesday, February 10, 2016

Premise Health a leading worksite health and patient engagement company announced today that it has acquired IMWell Health LLC Headquartered in Fort Smith Arkansas IMWell specializes in primary care clinics for midsize companies and municipalities The acquisition marks another advancement in Premise..

Indo-UK Healthcare to invest Rs 1,000 crore in Haryana, India

Wednesday, February 10, 2016

The Haryana government today inked an agreement with IndoUK Healthcare Private Limited to establish medical institutions in the state with proposed investment of Rs 1000 crore This project is expected to generate employment for 3000 persons A pact to this effect was signed here today by Principal ..

Civitas Solutions acquires three Massachusetts Adult Day Health (ADH) Centers

Wednesday, February 10, 2016

Civitas Solutions Inc announced the acquisition of three Massachusetts Adult Day Health ADH centers The Dacha and Winter Gardens centers located in the Brighton neighborhood of the City of Boston enlarge Civitas ADH programming in Boston The third center Renaissance operates in the City of Worcester..

Sacred Heart will build 100-bed psychiatric hospital in Spokane

Wednesday, February 10, 2016

Providence Sacred Heart Medical Center and Childrens Hospital has received state approval to build a 100bed psychiatric hospital in Spokane The hospital expected to open next year is a joint venture between Sacred Heart and Fairfax Behavioral Health which operates inpatient psychiatric and chemical..

PSA Healthcare announces acquisition of Care Unlimited

Tuesday, February 09, 2016

PSA Healthcare a portfolio company of JH Whitney Capital Partners and leading provider of pediatric home care for children with medical complexities announced today that it has acquired Care Unlimited Inc and associated entities collectively Care Unlimited a leading provider of home care services to..

MercyRockford Health System inks Tech-Enabled Supply Chain partnership with Premier, Inc.

Tuesday, February 09, 2016

MercyRockford Health System a verticallyintegrated regional health system with five hospitals and 561 W2 employed physician partners in northern Illinois and southern Wisconsin has partnered with Premier Inc PINC a leading healthcare improvement company for group purchasing and expense reduction ser..

Aster DM Healthcare plans IPO, eyes acquisitions in India

Tuesday, February 09, 2016

Dubaibased Aster DM Healthcare plans to come out with an initial public offering in India where it is looking to expand substantially for which it is also scouting for acquisitions The company which operates a total of 15 hospitals 80 clinics and 200 pharmacies in the Middle East and India has earm..

University of Michigan Health System completes purchase of groundbreaking neurosurgical technology from Synaptive Medical

Tuesday, February 09, 2016

The University of Michigan Health System in Ann Arbor announced today that as part of the development of four new operating rooms it will become one of the first hospitals in the US to start using new topoftheline neurosurgical imaging equipment The BrightMatter technology from Synaptive Medical a..

Illinois owes Springfield hospitals $76 million

Monday, February 08, 2016

Illinois owes Springfield39s two largest hospitals 76 million for the care of state workers retirees and dependents an amount that continues to grow due to the state39s budget impasse The State JournalRegister in Springfield reports httpbitly20i1kKM Memorial Medical Center is owed 463 million from ..

London hospital trust heading for biggest overspend in NHS history

Monday, February 08, 2016

The biggest hospital trust in the country is set to run up a 1349m deficit this year by far the largest ever overspend in the history of the NHS Barts Health NHS Trust which runs four hospitals in east London employs 15000 people and serves an area containing 25 million people is on course to have..

Halma buys healthcare sensors maker CenTrak for about $140 mln

Saturday, February 06, 2016

Halma Plc a health and safety device maker said it had bought CenTrak Inc a privately owned maker of sensors for about 140 million 959 million pounds expanding its footprint in the US healthcare market Halma said the deal which was funded using its existing cash and debt facilities would immediatel..

Department of Health to cut 650 jobs to reduce costs

Saturday, February 06, 2016

The Department of Health is to cut about 650 jobs to reduce running costs Nonsenior staff numbers will fall from 1800 to 12001300 by April 2017 and staff at three London offices will move to a single site in Westminster Most Whitehall budgets were cut in last November39s spending review and the DoH..

IMS Health acquires Dimensions Healthcare LLC in the United Arab Emirates

Friday, February 05, 2016

IMS Health a leading global provider of information and technology services to the healthcare and life sciences industries today announced completion of its acquisition of Dimensions Healthcare a United Arab Emirates UAE company which provides high quality healthcare systems to payers providers and ..

TOP