Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

Carter Validus Mission Critical REIT II, Inc buys Webster Rehabilitation Hospital

Tuesday, June 23, 2015

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 sells Australian pathology business to Crescent Capital Partners for $105m

Tuesday, June 23, 2015

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 to buy Spire Healthcare stake from Remgro

Monday, June 22, 2015

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 ..

Medical tourism hub Thailand's expertise helps contain MERS

Monday, June 22, 2015

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..

SalemHealth-United Healthcare contract

Monday, June 22, 2015

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 rejects $47 billion Anthem takeover bid

Monday, June 22, 2015

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 to acquire stake in Jiangsu hospital for 126.3 mln yuan

Saturday, June 20, 2015

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 ..

UK HealthCare announces plans for second 12-story medical tower, new focus on outpatient care

Friday, June 19, 2015

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 Tech to acquire hospital operator, in MOU with US medical services firm Dignity

Friday, June 19, 2015

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 to expand European Distribution Campus with New Healthcare Facility

Friday, June 19, 2015

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 and Mount Carmel Health System forms joint venture to build Inpatient Rehabilitation Hospital in Westerville, Ohio

Thursday, June 18, 2015

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 job cuts to affect more than 400 workers

Thursday, June 18, 2015

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..

Hill-Rom to acquire Welch Allyn for about $2.05 billion

Thursday, June 18, 2015

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..

Sweden's Elekta sues U.S. Varian over alleged patent infringement

Wednesday, June 17, 2015

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 acquires Extended Care Physicians

Wednesday, June 17, 2015

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 to acquire 24 Skilled Nursing Facilities from Revera Inc for $240 million

Tuesday, June 16, 2015

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..

Siemens wins $125 million medical service contract from a Canadian hospital

Tuesday, June 16, 2015

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..

UAE's NMC Health seals latest buy with $160.6 mln ProVita deal

Tuesday, June 16, 2015

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

Monday, June 15, 2015

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 acquires Basin Healthcare

Saturday, June 13, 2015

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..