Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

British healthcare group Bupa has 200-300 million pounds for acquisitions in 2015

Thursday, April 30, 2015

Healthcare firm Bupa has 200300 million pounds for acquisitions Financing constraints mean British private healthcare group Bupa BUPAIUL only has around 200300 million pounds available for acquisition in 2015 its chief executive said on Monday The unlisted company made profits of 638 million pound..

Memorial Hospital and BJC HealthCare of Belleville form 'strategic alliance' expanding market presence

Thursday, April 30, 2015

BJC HealthCare and Memorial Hospital in Belleville have agreed to form a strategic alliance although details of the agreement are sparse The agreement gives Memorial access to BJC resources while allowing BJC to widen its presence in the Metro East top executives of the two health care organizations..

U.S. health insurer Humana keeps watch over rising hospital admissions as sector shares fall

Thursday, April 30, 2015

US health insurer Humana Inc said on Wednesday there was an unexpected pickup in the rate of hospital admissions late in March and in April sparking a selloff in its own and other insurers39 shares The comments came during a conference call to discuss the company39s firstquarter profit which missed..

3D printed 4D Airway Splint, aids breathing in babies with tracheobronchomalacia

Thursday, April 30, 2015

A 3D printer was used to create a medical device being called a 4D airway pne which saved the lives of three babies who were on the verge of death This amazing new device is capable of changing shape as the child grows to provide lasting protection The University of Michigan developed the hollow sp..

Advent International in talks with Carlyle Group for stake sale in India's CARE Hospitals for about $300 million

Wednesday, April 29, 2015

US private equity firm Advent International is in talks with Carlyle Group and three separate healthcare providers to sell its 72 percent stake in India39s CARE Hospitals for 250 million to 300 million two sources with direct knowledge of the matter said The talks are also being held with Malaysia3..

Med device firm, Boston Scientific Corp braces for $119M in settlements

Wednesday, April 29, 2015

Boston Scientific Corp the states largest locally owned medical device company cited legal expenses and currency rate fluctuations as it reported a firstquarter loss yesterday and cut its sales outlook for the year The Marlboro company also said yesterday it was settling 2970 productliability lawsu..

Digital revolution brings data challenges for NHS

Wednesday, April 29, 2015

A longside its industrial cousin the digital revolution has created fundamental and irreversible changes to our way of life Those changes are particularly apparent in the healthcare sector and from a UK perspective digitally enabled services are a vital element in the strategy that the NHS is using ..

Philips Health-Care Profitability Drops in Prelude to Split

Wednesday, April 29, 2015

Royal Philips NV the Dutch company which is splitting off its lighting unit to focus on consumer healthcare reported a profitability drop at its future main business amid sluggish demand from hospitals and higher investments Firstquarter adjusted earnings before interest taxes and amortisation was ..

Florida governor sues Obama administration over healthcare funding

Wednesday, April 29, 2015

Carlyle Florida Governor Rick Scott sued the Obama administration on Tuesday challenging the federal government39s decision not to extend a 1 billion healthcare funding program for lowincome patients The state argued that federal healthcare officials cut the funding as a way to coerce Florida into ..

Yihua Healthcare to invest up to 300 mln yuan in Glory Medical

Wednesday, April 29, 2015

Yihua Healthcare Co Ltd Says board approves to invest up to 300 million yuan 4836 million in Glory Medical reuterscom ..

FDA files a court order against Medtronic to halt production and distribution of Synchromed II drug pumps

Tuesday, April 28, 2015

The Food and Drug Administration says Medtronic must stop most sales of its implantable drug pumps after years of uncorrected problems The FDA has filed a court order against Medtronic that says the medical device giant must halt most production and distribution of its Synchromed II drug pumps whic..

Malden-based Sensimetrics launches Whist, an app to treat auditory problem, tinnitus

Tuesday, April 28, 2015

A tiny Malden company has launched an easy inexpensive treatment option for the nearly 45 million people in the US who suffer from the auditory problem known as tinnitus And the only equipment required is a smartphone with earphones Sensimetrics Corp recently launched its firstever app called Whist..

USDA Awards $3.8 million in grants for Nanotechnology Research

Tuesday, April 28, 2015

The US Department of Agriculture39s USDA National Institute of Food and Agriculture NIFA today announced more than 38 million in funding to support grants focused on using nanotechnology to find solutions to societal challenges such as food security nutrition food safety and environmental protection..

Private-equity firm Carlyle Group to buy stake worth $600 million in Brazil's largest hospital chain, Rede D'Or São Luiz SA

Tuesday, April 28, 2015

Privateequity firm Carlyle Group LP agreed on Monday to pay 175 billion reais 600 million for a stake in Rede D39Or So Luiz SA Brazil39s largest hospital chain a source with direct knowledge of the deal said Washington DCbased Carlyle acquired the stake through a capital increase with controlling s..

The South Glasgow University Hospital built at about £1bn opens to patients

Monday, April 27, 2015

The UK39s newest hospital has welcomed its first patients The South Glasgow University Hospital is one of the biggest critical care complexes in Europe It has been nicknamed the Death Star by locals because of its imposing 14storey starshaped design topped by a landing pad for aircraft The hospit..

US hospitals to detect medical equipment malware monitoring AC power consumption

Monday, April 27, 2015

39WattsUpDoc39 is a stethoscope that detects viruses in sealedbox medicomputers Two large US hospitals will in the next few months begin using a system that can detect malware infections on medical equipment by monitoring AC power consumption The unnamed hospitals will be the first in a list to te..

Cedars-Sinai Medical Center in Los Angeles turns on access to Apple’s HealthKit

Monday, April 27, 2015

Apple Incs healthtracking software is being connected to patient files at CedarsSinai Medical Center in Los Angeles marking the largest integration yet for the tech companys foray into the health industry The hospital updated its online medical records system this weekend turning on access to Healt..

GE Healthcare designs Innovation Village for life science businesses to be launched in Cardiff

Monday, April 27, 2015

A hothouse for growing hitech life science companies is being unveiled in Cardiff on Monday GE Healthcare is setting up an innovation village at its base to help develop businesses and new ideas The first phase will have labs and space for 12 small firms but 50 have expressed an interest since the..

Iran to open Amir-al-Momenin Burn Center, largest in Middle East

Friday, April 24, 2015

An Iranian medical official announced on Wednesday that the largest burn center in the Middle East will be inaugurated later this year in Shiraz south of Iran President of Shiraz University of Medical Sciences Mohammad Hadi Imaniyeh told the Tasnim News Agency that AmiralMomenin Burn Center with an..

Bryn Mawr Hospital's $200 million modernisation project approved

Friday, April 24, 2015

Bryn Mawr Hospital BMH in Bryn Mawr Pa part of Main Line Health has received tentative sketch plan approval from for a 200 million campus master plan to modernize the hospital campus The modernization project will include a new fivestory 203000squarefoot patient pavilion as well as renovations to t..

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