Hospitals & Healthcare News

This section covers the managerial aspects in the Healthcare industry.

TeamHealth Acquires the Operations of Grossmont Emergency Medical Group

Tuesday, August 23, 2016

TeamHealth Holdings Inc a leading physician services organization announced the acquisition of the operations of Grossmont Emergency Medical Group GEMG Based in the San Diego area GEMG provides care to more than 100000 patients each year through staffing and management of the emergency department at..

Loblaw agrees to buy Canadian healthcare technology company, QHR

Tuesday, August 23, 2016

Loblaw enters into agreement to purchase Canadian healthcare technology company QHR Deal for 310 in cash per each QHR share Deal for approximately 170 million in aggregate QHR shareholders who collectively control approximately 23 of QHR have committed to vote in favor of transaction Source re..

FDA issues statement on medical device user fee agreement

Tuesday, August 23, 2016

FDA issues statement on Medical Device User Fee Agreement MDUFA Under new draft agreement FDA would be authorized to collect 9995 million in user fees plus adjustments for inflation over five years from Oct 2017 Medical device user fee program would provide critical resources to the FDA medical de..

St. Vincent to open 4 emergency micro-hospitals

Tuesday, August 23, 2016

St Vincent is planning to open four freestanding emergency hospitals in the Indianapolis area to bridge the gap between the urgent care center and an acutecare emergency department The four facilities planned for Noblesville Castleton Avon and Plainfield will offer roundtheclock emergency care wi..

Health official warns Zika could spread across U.S. Gulf

Monday, August 22, 2016

One of the top US public health officials on Sunday warned that the mosquitoborne Zika virus could extend its reach across the US Gulf Coast after officials last week confirmed it as active in the popular tourist destination of Miami Beach The possibility of transmission in Gulf States such as Loui..

China over-reliant on hospitals, needs more family doctors: WHO

Monday, August 22, 2016

China39s healthcare system is overly reliant on large overburdened hospitals which will struggle to cope with a spike in diseases linked to the fastageing population the World Health Organization said on Saturday Even for minor ailments Chinese patients often shun family doctors or general practiti..

Fortis Healthcare approves demerger of Diagnostics business

Saturday, August 20, 2016

Fortis Healthcare Limited announced that its board has approved demerger of its diagnostic business into listed subsidiary Fortis Malar Hospitals through a composite scheme of arrangement and amalgamation Amove aimed at creating a separate listed entities Fortis Healtcare Limited and SRL Limited U..

SunLink Health Systems Subsidiary Sells Chestatee Regional Hospital in Dahlonega, Georgia

Saturday, August 20, 2016

SunLink Health Systems Inc announced that a subsidiary has sold its Chestatee Regional Hospital in Dahlonega GA for approximately 15000000 The company expects to recognize an after tax gain utilizing available net operating loss carryforwards of approximately 7000000 on the transaction which closed ..

TeamHealth Acquires Anesthesia Associates of Cincinnati and Pain Management Associates

Friday, August 19, 2016

TeamHealth Holdings Inc a leading physician services organization acquired Anesthesia Associates of Cincinnati AAC and Pain Management Associates PMA one of the largest interventional pain medicine practices in the region Based in Cincinnati Ohio AAC provides anesthesiology staffing at two hospitals..

Masimo Announces CE Marking for RAS-45 Sensor for rainbow Acoustic Monitoring® of Respiration Rate

Friday, August 19, 2016

Masimo announced the CE Marking of RAS45 a singleuse adult and pediatric acoustic respiration sensor for rainbow Acoustic Monitoring RAM of respiration rate RRa Continuous monitoring of respiration rate is especially important for postsurgical patients receiving patientcontrolled analgesia for pain..

Canadian medical technology company LABORIE to become new subsidiary

Friday, August 19, 2016

Patricia Industries a part of Investor AB has signed an agreement with Audax Private Equity to acquire the Canadian medical technology company LABORIE which focuses on the diagnosis and treatment of urologic and gastrointestinal disorders that affect the daily lives of millions LABORIE was founded i..

Toshiba Medical joins bid to by Takeda unit: Nikkei

Friday, August 19, 2016

Toshiba Medical Systems a medical equipment company that is being bought by Canon Inc 7751T joined a race to buy a subsidiary of Takeda Pharmaceutical Co 4502T the Nikkei business daily reported on Friday Takeda Pharmaceutical Japan39s largest drugmaker by market value is trying to sell its 70 perc..

Universal Health Services, Inc. Expands Acute Care Operations In Nevada

Thursday, August 18, 2016

Universal Health Services Inc announced that it has completed the acquisition of Desert View Regional Medical Center a twentyfive bed hospital in Pahrump Nevada This acquisition expands UHS39s acute care operations in Nevada which includes six acute care hospitals in Las Vegas and Northern Nevada Me..

ResMed seeks patent injunction on Fisher & Paykel Healthcare

Thursday, August 18, 2016

ResMed Inc said on Thursday it has filed legal action to stop the alleged infringement of its patented technology by New Zealandbased medical device manufacturer Fisher Paykel Healthcare ResMed said in a statement it filed legal action with the US International Trade Commission and the US District..

Rockwell Medical enters into license agreement with ARAM Medical

Thursday, August 18, 2016

Rockwell Medical enters into exclusive license agreement with ARAM Medical to commercialize Triferic in Saudi Arabia Egypt and Middle East territories ARAM will also assume responsibility for all clinical and regulatory expenses for territories Rockwell retains manufacturing responsibilities for b..

Blue Cross Blue Shield Illinois to Cover Trovera™ Liquid Biopsy Tests

Thursday, August 18, 2016

Trovagene Inc a developer of circulating tumor DNA ctDNA molecular diagnostics announced today that it has signed an innetwork provider agreement with the healthcare network Blue Cross Blue Shield of Illinois BCBSIL establishing health benefit access to the full line of Trovagene39s tests and servic..

NovaBone Products Receives GMP Medical Device Certificate

Wednesday, August 17, 2016

NovaBone Products a leading biologics medical device company today announced that it has received the Brazilian ANVISA Good Manufacturing Practices GMP medical device certificate ANVISA is Brazil39s equivalent to the US Federal Drug Administration FDA and is responsible for the oversight of all medi..

IndieBio Partners with Elemental Machines for Contextual Monitoring of Lab Environment

Wednesday, August 17, 2016

Elemental Machines provider of intelligent technology for the smart lab and IndieBio SF the world39s premiere Synthetic Biology accelerator today announced a partnership for participants to have access to the Elemental Machines Suite of products to enhance their experimental research work With a co..

Siemens and INSIGHTEC sign agreement to expand access to Exablate Neuro Technology

Wednesday, August 17, 2016

INSIGHTEC the global leader in MRguided Focused Ultrasound MRgFUS therapy announced today the signing of a strategic agreement with the global leader in Magnetic Resonance Imaging Siemens Healthineers The strategic collaboration will involve the development of compatibility between Exablate Neuro an..

Agfa HealthCare Awarded its Fourth U.S. Government DIN-PACS Agreement

Wednesday, August 17, 2016

Agfa HealthCare a leader and innovator in the medical imaging and healthcare IT space today announced that the US government has awarded the company its DINPACS IV Digital Imaging NetworkPicture Archiving and Communication System contract The contract term includes one fiveyear base period and one f..

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