Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

HMC to double hospital beds in new Qatar medical complex by 2030

Tuesday, March 31, 2015

To tackle Qatars healthcare crisis Hamad Medical Corporation HMC has unveiled a new ambitious 15year master plan that includes doubling the number of hospital beds and operating theaters in the country and tripling car parking provisions by 2030 Speaking to reporters today officials said much of th..

Consortium reaches financial close on £270m Dumfries hospital project

Tuesday, March 31, 2015

High Wood Health a consortium of Laing ORourke Aberdeen UK Infrastructure Partners a fund managed by Aberdeen Asset Management Ryder Architecture and Serco concluded the deal with NHS Dumfries Galloway for a new acute district general hospital for the region Enabling works for the hospital which i..

Busiest day for health-care adds $17 billion to industry deal tally

Tuesday, March 31, 2015

Its the busiest day for takeovers in the healthcare industry UnitedHealth Group Inc struck Mondays largest purchase 132 billion for drugbenefit manager Catamaran Corp Teva Pharmaceutical Industries Ltd made a 31 billion splash back into dealmaking with Auspex Pharmaceuticals Inc Horizon Pharma Plc..

Bayer healthcare collaborates with Broad Institute of MIT and Harvard to develop therapies for cardiovascular disease

Tuesday, March 31, 2015

Bayer HealthCare Bayer has expanded its collaboration with the Broad Institute of Massachusetts Institute of Technology MIT and Harvard University to include cardiovascular genomics and drug discovery The goal of this new part of the alliance is to leverage insights from human genetics to help creat..

Pay for Performance Extends to Health Care in New York State Experiment

Tuesday, March 31, 2015

For a generation doctors in New York Citys economically depressed neighborhoods have been the ugly ducklings of the medical hierarchy Many are foreign born and foreign trained serve mostly minority and immigrant patients and often run highvolume practices to compensate for Medicaids low rate of paym..

Health insurer UnitedHealth Group to buy pharmacy benefit manager Catamaran in a $12.8 billion deal

Monday, March 30, 2015

Health insurer UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth about 128 billion Catamaran formed from the merger of SXC Health Solutions and PBM Catalyst Health Solutions in 2012 helps the administrators of group healthcare plans reduce th..

Chicago hospitals' groundbreaking way to deal with a superbug slash rates of infection

Monday, March 30, 2015

With painstaking effort a group of Chicago hospitals has managed to cut by half the number of infections caused by an especially deadly type of superbug Now US health officials want that kind of campaign to go national The White House on Friday told the US Centers for Disease Control and Prevention..

Google works with Johnson & Johnson to build robots for surgeons in Operating Room

Monday, March 30, 2015

Google39s search for big new industries for its technology has led it to the operating room with the internet giant signing a robotics deal with JJ Google39s search for big new industries for its technology has led it to the operating room The search giant is pooling resources and intellectual pro..

Concord Medical acquires Fortis Surgical Hospital in Singapore for SGD 55 million

Saturday, March 28, 2015

Fortis Healthcare announced that the Board of Fortis Healthcare International a step down subsidiary of the Company based out of Singapore has decided to disinvest 100 shareholding in Fortis Healthcare Singapore which holds and operates Fortis Surgical Hospital to Concord Medical Services Internati..

Georgia governor to sign bill legalizing non-smoking form of medical marijuana for patients

Friday, March 27, 2015

Georgia Republican Governor Nathan Deal will sign legislation legalizing a nonsmoking form of medical marijuana for patients with seizure disorders and seven other medical conditions the governor39s spokesman said on Thursday Deal plans to wait until after the legislative session ends next week bef..

100-bed Northeast Georgia Medical Center at Braselton is scheduled to open in April

Friday, March 27, 2015

Northeast Georgia Medical Center Braselton is scheduled to open April 1 The 100bed hospital is the state39s first netnew hospital meaning not a relocation or replacement in almost 20 years according to the health system that manages the facility Gainesville Gabased Northeast Georgia Health System..

Cortex Innovation District based medical device start-up Cardialen raises $1.5 million from investors

Friday, March 27, 2015

Medical device startup Cardialen raises 15 million from investors Cardialen a medical device company based out of the BioGenerator in the Cortex innovation district has raised 152 million from a group of investors The investor group includes the BioGenerator Cultivation Capital Life Sciences fund ..

Obama ready to sign bipartisan legislation to see change in reimbursing Medicare physicians

Thursday, March 26, 2015

President Barack Obama said on Wednesday he was ready to sign bipartisan legislation to change the formula for reimbursing Medicare physicians while the US Senate39s top Democrat appeared open to allowing a vote on the measure Both developments signified growing support for a bipartisan effort to a..

Malaysian healthcare firm Qualitas in talks to buy Radlink-Asia, Singapore unit of India's Fortis Healthcare

Thursday, March 26, 2015

Private healthcare provider Qualitas Healthcare Corp Bhd which has temporarily halted its listing plan on the Main Market of Bursa Malaysia is currently in talks to acquire RadLinkAsia Pte Ltd a Singaporebased diagnostic and molecular imaging service provider sources said RadLink which is a unit of..

Zhejiang DiAn Diagnostics, Johns Hopkins Hospital cooperate on medical research

Wednesday, March 25, 2015

Zhejiang DiAn Diagnostics Johns Hopkins Hospital cooperate on medical research Says signs strategic agreement with the Johns Hopkins Hospital on medical training and clinical research reuterscom ..

Biotech startup Semma Therapeutics raises $44 million to develop diabetes treatment with stem cells

Wednesday, March 25, 2015

Semma Therapeutics seeks to turn success in stem research lab into a way to encourage insulin production Anew Cambridge biotech will be working on a treatment using stem cells that could let children and adults with Type 1 diabetes do something their bodies currently cannot produce their own insuli..

Sydney Centenary Institute prostate cancer research breakthrough

Wednesday, March 25, 2015

Researchers from the Origins of Cancer group have opened the door to a new treatment for prostate cancer which can starve cancer cells The breakthrough was discovered by a team led by Associate Professor Jeff Holst at Sydney39s Centenary Institute which identified three specific nutrients that pros..

University of Pittsburgh Medical Center joins in hospice, home-care consolidation

Tuesday, March 24, 2015

The cost and regulatory pressures that are forcing consolidation within the larger health care industry are also causing consolidation in the highly fragmented hospice and homecare industries a phenomenon now playing out in Pittsburgh Last week UPMC announced it would be bringing Mt Lebanons Famil..

Colorado to create state office to lead the effort to coordinate primary care and behavioral health care

Tuesday, March 24, 2015

Gov John Hickenlooper on Monday announced the creation of a state office that will lead the effort to coordinate primary care and behavioral health care throughout Colorado The State Innovation Model SIM Office will in conjunction with the State Innovation Model Advisory Board use a 65 million fede..

Howard University Hospital reports a $58 million loss in fiscal 2014

Tuesday, March 24, 2015

Howard University Hospital reported a 58 million loss in fiscal 2014 dragging Howard University into the red for the year a university treasurers report shows Without the hospital the university alone had generated a profit of 13 million for the fiscal year With the hospital39s 58 million loss Howa..

TOP