This section covers the managerial aspects in the Healthcare industry.
Houstonbased Medistar Corp recently sold the new 53513squarefoot Webster Rehabilitation Hospital to a Kansas City Missouribased real estate investment trust Carter Validus Mission Center REIT II Inc bought the Webster hospital for an undisclosed amount and the deal closed June 5 According to a Jun..
Healthscope will sell its Australian pathology operations to Crescent Capital Partners for 105 million as it focuses on expanding its hospital business The pathology business comprises about 550 collection centres and 31 laboratories in Victoria South Australia New South Wales and the Northern Terr..
Mediclinic International Ltd Mediclinic will acquire Remgro39s shareholding in Spire for amount totaling about R86 billion To fund deal via fully underwritten renounceable rights issue to qualifying mediclinic shareholders of 1111 million shares at R90per share to raise R10 billion Balance of ..
Thailand39s status as a hub for medical tourism could be helping the country contain the spread of Middle East Respiratory Syndrome MERS government and health officials said after confirming its first case of the deadly virus last week Tourism accounts for about 10 percent of the Thai economy and t..
Salem Health and United Healthcare have renewed their contract avoiding disruptions in coverage for local policyholders Salem Health spokeswoman Sherryll Hoar said the contract was signed Friday afternoon Earlier this month local United Healthcare policyholders received letters citing difficulties..
Health insurer Cigna Corp has rejected a 47 billion offer to be acquired by Anthem a larger rival saying the terms of the bid are inadequate and woefully skewed in favor of Anthem shareholders Cigna39s sharply worded rejection came just one day after Anthem went public with its cashandstock offer w..
Hengkang Medical Group Co Ltd Says plans to acquire 5492 percent stake in a hospital in Jiangsu province for 1263 million yuan 2034 million reuterscom ..
Not yet finished with a 12story 1 billion building project begun in 2004 UK HealthCare on Thursday announced plans for another 12story tower to replace Good Samaritan Hospital The budget for the first tower project has grown from about 400 million to 1 billion and the completion date has changed fr..
Boe Technology Group Co Ltd Says plans to acquire hospital operator for 250 million yuan 4027 million and to increase its capital to 3 billion yuan after transaction Says signs MOU with Dignity Health on business cooperation in China reuterscom ..
UPS today announced that it is building a new healthcare distribution center in Roermond the Netherlands to accommodate growing demand The new facility will measure close to 28000 square meters and provide 41000 pallet places The announcement comes a month after UPS opened a healthcarededicated air ..
HealthSouth has formed a joint venture with Mount Carmel Health System to construct a 60bed rehabilitation hospital in a suburb of Columbus Ohio The 60000squarefoot facility is expected to create 100 jobs and will accommodate patients who have experienced a stroke trauma brain and orthopedic injuri..
Hartford HealthCare is eliminating the equivalent of 335 fulltime jobs which will affect 418 staff members due to cuts in reimbursements Of the 418 people affected 105 work in the eastern Connecticut hospitals 71 work in central Connecticut hospitals 68 work at Hartford Hospital and 174 work outsid..
HillRom Holdings Inc HRCN a maker of hospital beds and surgical products said it would buy privately held Welch Allyn for about 205 billion to expand into the pointofcare diagnostics market Welch Allyn39s equipment allow physicians to carry out diagnostic tests in pointofcare settings such as hospi..
Swedish medical technology firm Elekta said on Tuesday it was suing USbased Varian Medical Systems Inc its key rival over allegations of patent infringement Elekta a maker of equipment used in cancer treatments said in a statement Varian39s True Beam linear accelerator infringed patents owned by Wi..
IPC Healthcare Inc a leading national acute hospitalist and postacute provider organization announced today that it has acquired Extended Care Physicians ECP one of the largest private practice postacute groups in the Carolinas Headquartered in Asheville North Carolina ECP for many years has provid..
Genesis HealthCare one of the nations largest providers of postacute care today announced that it has signed an asset purchase agreement with Revera Inc Revera a leading owner operator and investor in the senior living sector to acquire 24 of its skilled nursing facilities along with its contract re..
Germany39s Siemens has won its first managed equipment services order from a Canadian hospital worth C154 million 125 million over 15 years it said on Monday The industrial group which is carving out its healthcare business into an independent entity said it would manage the majority of the medical..
NMC Health the Londonlisted and United Arab Emiratesbased healthcare provider plans to fully acquire ProVita International Medical Centre LLC for 1606 million NMC said on Monday as it continues to expand through acquisitions NMC has signed an agreement to acquire 100 percent of ProVita for cash fro..
Medtech sells first ROSA Spine robot in Europe Medtech SAS First sale of ROSA Spine robot in Europe Sale to CHU d39Amiens reuterscom ..
Odessa Regional Medical Center announced today that it has purchased the assets of Basin Healthcare Center a fourteenbed surgical hospital located in Odessa Texas Terms of the transaction were not disclosed Basin Healthcare Center opened in February 2010 Under its new ownership the facility has bee..