Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

Calvary Health Care and Medibank sign new three year contract deal

Monday, August 31, 2015

Calvary Health Care and Medibank today announced they had signed a new three year contract that will deliver enhanced healthcare outcomes and affordability for members and patients Medibank Executive General Manager Provider Networks and Integrated Care Dr Andrew Wilson and Mark Doran Calvary Natio..

SingHealth Duke-NUS Academic Medical Centre to get $30 million in funding

Monday, August 31, 2015

More than 30 million has been raised for the SingHealth DukeNUS Academic Medical Centre The funds will go towards improving medical research and education initiatives in Singapore including cancer eye and cardiovascular research Contributions came from major healthcare organisations such as the Chi..

Malaysia’s IHH Healthcare to buy 73% stake in Global Hospitals

Saturday, August 29, 2015

Malaysias healthcare major IHH Healthcare Berhad will be acquiring 734 per cent stake in Hyderabadbased Ravindranath GE Medical Associates Private Ltds Global Hospitals for Rs 1284 crore As part of the agreement IHH will use Rs 265 crore to fund Global Hospitals capex requirements and to optimise i..

Serco lands £85m contract extension from Norfolk and Norwich University Hospital

Friday, August 28, 2015

Serco the embattled outsourcing company has landed an 85m contract extension at the Norfolk and Norwich University Hospital NNUH The business will continue to run some of the hospitals services from August 2015 to August 2021 a fiveyear increase on its current contract Services delivered to the N..

U.S. business groups call for probe of medical funding industry

Thursday, August 27, 2015

Two business lobbying groups this week called on the Consumer Financial Protection Board to investigate the medical funding industry after a Reuters investigation revealed that private investors are funding operations for women who have sued makers of surgical implants The American Tort Reform Asso..

Providence Medical Technology announces New Financing of $12 Million

Thursday, August 27, 2015

Providence Medical Technology Inc an innovator in tissuesparing cervical spine technology today announced the closing of 12 million in new financing for the company The proceeds will be used to further commercialize and expand its portfolio of DTRAX cervical fusion products designed to help patients..

Cardinal Health to acquire Tennessee-based NaviHealth for approximately $290 million

Wednesday, August 26, 2015

Cardinal Health Inc is acquiring a software and analytics company that helps health systems and insurers better manage the care of patients after discharge to keep them from returning to the hospital The 103 billion Dublinbased healthcare distributor announced Tuesday it is acquiring 71 percent of ..

Medtronic to acquire California Startup Twelve Inc

Wednesday, August 26, 2015

Medtronic PLCs 458 million acquisition of California startup Twelve Inc is the latest example of how the company is taking advantage of the tax benefits it gained after reincorporating overseas earlier this year Medtronic moved its headquarters to Dublin from Minneapolis after acquiring Dublinbased..

$90M expansion for Winter Park hospital approved

Wednesday, August 26, 2015

Winter Park Memorial Hospital is getting a 90 million expansion In a Winter Park City Commission meeting on Aug 24 the extensive plan was unanimously approved in a 50 vote The plan includes expanding the 60yearold hospital39s emergency department from 14100 square feet to 29100 square feet making ..

Denver-based DaVita Healthcare to acquire Renal Ventures for $415 Million

Tuesday, August 25, 2015

DaVita HealthCare Partners Inc said Monday that it would acquire privatelyheld dialysis care company Renal Ventures Ltd for 415 million a move to expand its kidney care division Denverbased DaVita operates about 2200 clinics across 46 states and 10 countries outside of the US and provides treatment..

Hofseth Biocare signs contract on ProGo with Fraser Cameron Healthcare

Tuesday, August 25, 2015

Hofseth BioCare signs a contract with Fraser Cameron Healthcare Ltd FCH on shipments of HBCs salmon protein hydrolysate ProGo Contract extends over 3 years and will be used for new product for weight control in the United Kingdom Agreement is entered into via HBCs distributor Aceto Health Ingredie..

ulrich medical USA announces North American Corporate Expansion

Tuesday, August 25, 2015

ulrich medical USA Inc announced plans to significantly increase its US workforce in order to accommodate for the increasing demands of its dynamic spine implant business Fueled by four consecutive years of profitable doubledigit growth and twenty percent yeartodate growth the company is investing i..

Bowie-based Inovalon Holdings to acquire Avalere Health, Inc for $140 million

Tuesday, August 25, 2015

Cloudbased data company Inovalon Holdings will acquire DC health research and advisory firm Avalere Health in a deal worth 140 million the companies announced Monday The move will enable Bowiebased Inovalon Nasdaq INOV to expand into the pharmaceutical market and fuel growth in the use of big data ..

TriWest Healthcare Alliance to Open Operations Center in Nashville, Tennessee

Saturday, August 22, 2015

TriWest Healthcare Alliance will open a facility in Davidson County Tennessee The facility will serve the community health care needs of our nations veterans TriWest will invest 12 million to open the Nashville Operations Center creating 250 new jobs The company administers the VAs PatientCentered ..

Comprehensive Health Services awarded Department of Health and Human Services Contracts Worth Up to $388 Million

Friday, August 21, 2015

Comprehensive Health Services one of the nations largest and most experienced workforce medical services providers was recently awarded two fiveyear contracts by the US Department of Health and Human Services HHS Office of Refugee Resettlement ORR to provide staffing medical support and medical equi..

Digital health startup Grand Rounds raises $55 mln in funding

Friday, August 21, 2015

US digital health startup Grand Rounds which connects patients with medical experts mainly for a second opinion said it had raised 55 million in new capital Grand Rounds39 app and website connect patients in more than 120 countries with doctors surgeons and other specialists in over 110 US institut..

MEDNAX announces acquisition of Anesthesiology Practice in Florida

Friday, August 21, 2015

MEDNAX Inc announced the acquisition of Millennium Anesthesia Care a private physician group practice based in Tampa Fla Millennium Anesthesia Care was incorporated in 2001 and employs 79 fulltime clinicians 26 anesthesiologists 51 anesthetists and 2 ARNPs that provide services at five BayCare Heal..

Universal Health Services, Inc. announces acquisition of Alpha Hospitals Holdings Limited

Thursday, August 20, 2015

Universal Health Services Inc announced that it has acquired the stock of Alpha Hospitals Holdings Limited Alpha The acquisition of Alpha adds four hospitals and 305 beds to the Cygnet family These facilities provide significant child and adolescent services low and medium secure services as well as..

Molecular diagnostic firm Myriad Genetics partners with Positive Bioscience

Thursday, August 20, 2015

USbased molecular diagnostic firm Myriad Genetics has partnered with Positive Bioscience to bring molecular genomic testing in India for the treatment of cancer These tests will help screen for cancer risks and enable families of cancer patients to take various preventive measures All testing will ..

Lafayette General Health to acquire Regional Medical Center of Acadiana

Thursday, August 20, 2015

Lafayette General Health LGH announced that it will acquire Regional Medical Center of Acadiana RMCA located on the corner of W Congress Street and Ambassador Caffery from HCA MidAmerica a division of Hospital Corporation of America HCA based in Nashville TN The deal is expected to be complete in t..