Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

Health Quest announces $466 million inpatient building at Poughkeepsie medical center, New York

Friday, May 22, 2015

The operator of three Hudson Valley hospitals has announced a 466 million plan to build a new inpatient building in the city of Poughkeepsie Health Quest announced Thursday that it will build a sevenlevel nearly 700000squarefoot building at its flagship Vassar Brothers Medical Center The structure ..

Supurva Healthcare Group enters into agreement with MelMedtronics for expanding into Audiology Sector

Thursday, May 21, 2015

Supurva Healthcare Group Inc also known as Lighthouse Petroleum Inc Supurva PINKSHEETSLHPT today announces it has entered into an exclusive licensing agreement with MelMedtronics Inc MelMedtronics a revolutionary medical device company specializing in disorders of hearing and tinnitus Under the lice..

Health insurer Highmark talks begin on hospital reimbursement for Medicare Advantage

Thursday, May 21, 2015

Health insurer Highmark Inc and a group of independent community hospitals will sort out how much is owed the hospitals over the next few weeks following a brief conference Wednesday before Allegheny County Common Pleas Court Senior Judge R Stanton Wettick Lawyers for both sides said they would wor..

U.S. birth data underscores higher C-section risks, CDC says

Thursday, May 21, 2015

US women who give birth by cesarean section are more likely to face medical complications such as unplanned hysterectomies and the need for blood transfusions according to a large federal study based on birth certificate data released on Wednesday Cesarean births also caused more ruptured uteruses ..

Icelandic orthopedics company Ossur technology helps amputees control bionic prosthetic limbs with their minds

Thursday, May 21, 2015

Amputees can control their bionic prosthetic limbs with their minds thanks to tiny implanted myoelectric sensors IMES developed by Icelandic orthopedics company Ossur and surgically placed in a patient39s residual muscle tissue Ossur implanted tiny sensors in the residual muscle tissue of two amput..

Denver's Health management company Welltok buys Massachusetts-based predictive analytics company Predilytics

Wednesday, May 20, 2015

Denverbased Welltok the health management company that makes the CafeWell Health Optimization Platform has acquired Predilytics a Burlington Massachusettsbased predictive analytics company for an undisclosed amount Welltok will incorporate Predilytics engine into CafeWell to help health plans atrisk..

Edwards Lifesciences Corp stops small mitral heart valve study

Wednesday, May 20, 2015

Edwards Lifesciences Corp on Tuesday said it stopped enrolling patients in a small study of its lessinvasive mitral heart valve device due to the formation of blood clots associated with the procedure The company which introduced a catheterbased approach to replacing diseased aortic heart valves in..

Medtronic posts higher preliminary quarterly revenue

Wednesday, May 20, 2015

Medical device maker Medtronic Plc on Tuesday projected revenue rose to 73 billion in the fourth quarter its first to include results from Covidien Plc and earnings would be at the upper end of its previously forecast range Analysts on average were expecting revenue of 708 billion according to Thom..

Sinocare teams up with Citic Securities to bid for Bayer's Contour blood glucose-meter business

Wednesday, May 20, 2015

Sinocare a Chinese maker of bloodsugar monitors has teamed up with Citic Securities to enter the bidding for Bayers diabetes devices business Bloomberg reported citing people with knowledge of the matter Sinocare has made an offer of around 1 billion with Goldstone Investment the directinvestment u..

Hokai Medical Instruments to invest $50 million in Israel's Hobart Healthcare

Wednesday, May 20, 2015

Says signs memorandum of understanding to invest about 50 million in Israel39s Hobart Healthcare Holdings Ltd inreuterscom ..

Grey Healthcare acquires minority interest in Parx Solutions

Wednesday, May 20, 2015

GHG acquires interest in Parx Solutions in the US Grey Healthcare Group acquires minority interest in Parx Solutions inreuterscom ..

VIDA Diagnostics and Olympus Respiratory America collaborates for Delivery of Quantitative Lung Imaging Services

Tuesday, May 19, 2015

VIDA Diagnostics Inc the pioneer in quantitative lung analysis software and services today announced a collaboration with Olympus Respiratory America a leading provider of therapeutic pulmonary devices Under the agreement Olympus will distribute VIDA39s lung analysis services with its Spiration IBV ..

Stanford Health Care Completes Its Affiliation with ValleyCare Health System

Tuesday, May 19, 2015

Stanford Health Care today announced it has completed its affiliation agreement with ValleyCare Health System Under the terms of the agreement which was originally announced in September 2014 ValleyCare has become a subsidiary of Stanford Health Care A leading community hospital system ValleyCare is..

Mauna Kea Technologies announces CE mark for use of Cellvizio in minimally invasive surgery

Tuesday, May 19, 2015

Mauna Kea Technologies inventor of Cellvizio the multidisciplinary confocal laser endomicroscopy platform announced today CE mark for the use of Cellvizio in minimally invasive laparoscopic surgical indications This regulatory milestone positions Cellvizio for useful imaging support in a wide range ..

iKang Healthcare announces acquisition of Ommay Health Management Forges Ahead With Its Nationwide Network Expansion

Monday, May 18, 2015

iKang Healthcare Group Inc China39s largest private preventive healthcare services provider today announced that it has acquired a 100 share of Ommay Health Management Co Ltd a middle to highend private medical examination service center in Chengdu that was officially founded in June 2007 Ommay Hea..

Mena healthcare providers to spend $2.9 billion on IT

Monday, May 18, 2015

Healthcare providers39 IT spending will increase to 29 billion during the year in the Middle East and North Africa or Mena and Gartner predicts the rising trend will continue The Gartners forecast includes spending by healthcare providers hospitals and physicians39 practices on internal services ..

Molina Healthcare to Acquire Medicaid and MIChild Assets of HealthPlus in the State of Michigan

Saturday, May 16, 2015

Molina Healthcare Inc MOH and HealthPlus of Michigan Inc jointly announced today that Molina Healthcare of Michigan Inc a wholly owned subsidiary of Molina Healthcare Inc has entered into a definitive agreement to acquire certain assets of the Medicaid and MIChild businesses of HealthPlus of Michiga..

Community Health Network invests $235 Million for two large expansion projects in Indianapolis

Friday, May 15, 2015

Community Health Network is making a major investment in Indianapolis with two new large building projects totaling more than a quarter of a billion dollars The first will include a 175 million development with a new hospital on the campus of Community Hospital East and a new 60 million cancer cente..

Human Longevity and Cleveland Clinic collaborates to study the genetics of heart disease

Friday, May 15, 2015

Human Longevity Inc and Cleveland Clinic today announced a broad collaboration agreement to first sequence and analyze blood samples from Cleveland Clinics GeneBank study of deidentified patients The two organizations will apply whole genome cancer and microbiome sequencing focusing on a subset of ..

UDG Healthcare raises full-year earnings forecast

Thursday, May 14, 2015

UDG Healthcare Plc reported a 19 percent rise in adjusted operating profit and raised its fullyear earnings forecast The company which provides outsourced sales and marketing drug distribution and packaging services to healthcare firms said it expects adjusted earnings per share EPS growth of 7 per..