Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

Aster DM Healthcare buys 25 percent in Ramesh Hospitals

Tuesday, May 31, 2016

Dubaibased Aster DM Healthcare has bought India Venture Advisors39 nearly 25 in Vijayawadaheadquartered Ramesh Hospitals for about Rs 110 crore taking its total holding in the multispecialty chain to about a third Billionaire Azad Moopen promoted Aster DM which had raised nearly Rs 1376 crore 205 m..

EQT sells Atos Medical, sources value deal at 850 mln euros

Tuesday, May 31, 2016

Swedish buyout house EQT has sold its medical devices business Atos Medical to private equity firm PAI Europe it said on Monday with sources valuing the deal at about 850 million euros 946 million PAI Europe won the bid for voice implant maker Atos Medical EQT said in a statement but the two partie..

Lab stocks Quest, LabCorp shine as testing outlook brightens

Tuesday, May 31, 2016

Shares of Quest Diagnostics and Laboratory Corporation of America Holdings have been on a roll as analysts point to improving business trends for the US clinicallab testing industry stalwarts Their share gains have also come as a competitive threat from Theranos an upstart rival in the sector appea..

Local health departments brace for funding loss amid Zika standoff

Monday, May 30, 2016

Health departments in all 50 states are scrambling to make up for the combined 45 million they will lose this summer if Congress fails to address a massive federal funding shortfall fighting the Zika virus With Congress locked in a billiondollar stalemate over Zika funding the Centers for Disease C..

Oneview Healthcare sets its sights on the US

Monday, May 30, 2016

Irish listed company Oneview Healthcare is to establish a new US headquarters in Chicago to service a growing client base in the region This company which is listed in Australia has signed three separate contracts with highprofile health systems in the midwest of the US The headquarters will emplo..

Thermo Fisher to buy microscope maker FEI Co for about $4.2 billion

Saturday, May 28, 2016

Thermo Fisher Scientific Inc the world39s largest maker of scientific instruments said on Friday it would buy FEI Co FEICO for about 42 billion to gain access to the company39s electron microscopy technology that helps study proteins The 10750 per share offer represents a premium of 137 percent to ..

Olympics in Rio should move due to Zika concerns, say 150 experts

Saturday, May 28, 2016

An open letter signed by 150 international doctors scientists and researchers on Friday urged the upcoming Olympic Games in Rio de Janeiro to be moved or delayed due to the Zika virus To press on with the Games in Rio the second most affected city in Brazil by the Zika crisis would be irresponsible..

Target Healthcare Acquires care home in Halifax, West Yorkshire

Friday, May 27, 2016

Target Healthcare REIT Limited and its subsidiaries the Group the only listed specialist investor in UK care homes is pleased to announce that it has completed the acquisition of a care home in Halifax West Yorkshire for approximately 72 million including acquisition costs This transaction is in acc..

UCHealth to open $315 million hospital in Highlands Ranch

Friday, May 27, 2016

UCHealth is adding to its expanding network of medical facilities this time with a 315 million hospital in Highlands Ranch Aurorabased UCHealth on Thursday announced plans to build a hospital and medical campus near Lucent Boulevard and C470 The sixstory Highlands Ranch Hospital will be built on pa..

Fortis Healthcare set to turn its diagnostic chain SRL Diagnostics into a separate unit

Friday, May 27, 2016

Indian healthcare company Fortis Healthcare is set to turn its diagnostic chain SRL Diagnostics into a separate unit prior to getting it listed thus providing an exit route to private equity investors said two people familiar with the development SRL Diagnostics had appointed Moelis Co advisor last..

iHealth Solutions Announces Acquisition of DNA Healthcare

Thursday, May 26, 2016

iHealth Solutions LLC a leading healthcare software and services company announced today that it has completed the acquisition of the assets of New Jerseybased DNA Healthcare Inc DNAH With this acquisition iHealth adds DNAH39s strong proprietary technology to its portfolio as well as major hospitals..

Health investment increases to a record $16.1b

Thursday, May 26, 2016

The Governments investment in health will reach a record 161 billion in 201617 Health Minister Dr Jonathan Coleman says Delivering better health services remains this Governments number one funding priority Budget 2016 delivers on that by investing an extra 22 billion in health over four years for ..

Israeli startup HIL Applied Medical Ltd. acquires US-Based Nanolabz Inc.

Thursday, May 26, 2016

HIL Applied Medical Ltd a Jerusalem Israel medical technology startup has just announced the acquisition of Nanolabz Inc a Reno Nevada company born out of University of Nevada research and focused on developing and fabricating smart targets for laserbased proton acceleration HIL Applied Medical is..

Qatar cuts spending on new health facilities - official

Thursday, May 26, 2016

Qatar has cut its planned spending on building healthcare facilities by about twothirds this year following the drop in energy prices but expenditure on its World Cuprelated projects should be unchanged an official said on Wednesday The world39s top liquefied natural gas exporter is one of the rich..

Stanford Children’s Health Opens New, 80,000-square-foot Specialty Services Center in Sunnyvale

Wednesday, May 25, 2016

Stanford Childrens Health opened the doors to a new pediatric specialty services center on Monday May 2 to expand access to dedicated outpatient care for children and adolescents as well as couples dealing with fertility issues Located at 1195 W Fremont Ave Stanford Childrens Health Specialty Servi..

BIOTRONIK Launches CardioMessenger Smart Portable Device For Pacemaker and ICD Patients

Wednesday, May 25, 2016

BIOTRONIK a global leader in cardio and endovascular medical technology today announced the launch of CardioMessenger Smart in the United States CardioMessenger Smart is a portable monitoring device about the size of a modern smartphone that keeps pacemaker implantable cardioverter defibrillator ICD..

Mako Medical Laboratories expanding to New Mexico; 100 jobs expected

Wednesday, May 25, 2016

An Albuquerque research institute and a North Carolinabased medical laboratory company have entered into a new partnership that will bring about 100 new jobs to the Duke City Mako Medical Laboratories a Raleigh NCbased company with an estimated 200 employees in the eastern US on Monday announced a ..

FDA Approves Medic Vision SafeCT®-29 that Helps Achieve Radiation Safety

Wednesday, May 25, 2016

Medic Vision Imaging Solutions Ltd the leading innovator of vendorindependent solutions for lowdose CT exams announced today the FDA clearance of SafeCT29 to help healthcare facilities achieve compliance as mandated by NEMA XR29 Smart Dose standard SafeCT29 is the only FDAcleared thirdparty solutio..

Varian Medical Systems plans to spin off imaging components business

Tuesday, May 24, 2016

Varian Medical Says Expects To Incur An 35 Mln In Charges For Transaction Advisory Services Assuming Spin Off anticipated to be completed by end of calendar year 2016 Imaging components business will become a new independent publicly traded company New imaging components company is expected to hav..

Medline Inks Three-Year Prime Vendor Distribution Agreement with SBH Health System

Tuesday, May 24, 2016

Studies have shown that supply chain represents 40 to 50 percent of a hospitals operating expensive Proper management and control of purchasing can often help healthcare organizations reduce supply chain costs To help enhance operational efficiencies at its facility SBH Health System recently awarde..

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