This section covers the managerial aspects in the Healthcare industry.
Irish company Neuromod has raised 55 million to fund clinical trials in the US for a device that targets millions of people suffering from chronic tinnitus Tinnitus often described as a ringing or buzzing in the ears affects as many as one in five people to some degree and there are very limited tr..
Rhode Island Hospital citing a looming significant deficit confirmed on Tuesday that it is eliminating nearly 200 positions and shutting down an early intervention program for developmentally disabled children The hospital announced on Tuesday that it plans to notify the fulltime and parttime emplo..
The Emergency Department at Dignity Health Community Hospital of San Bernardino is completed and the milestone is officially commemorated Thursdays ribbon cutting ceremony celebrated the formal opening of the threeyear expansion project That morning the sun was warming up for what would be a sultr..
MEDNAX Inc announced the acquisition of New Jersey Anesthesia Associates NJAA a private physician group practice based in Livingston NJ NJAA employs 90 fulltime clinicians 70 anesthesiologists 13 anesthetists two nurse practitioners and five physician assistants that provide a full spectrum of anes..
MetaStat Inc a molecular diagnostic company today announced it successfully passed its Massachusetts laboratory inspection and has received a Massachusetts state license for its digital pathology laboratory in Boston Massachusetts Receiving the Massachusetts state license for our digital pathology ..
ClarVista Medical Inc a privatelyheld ophthalmic device company announced today it received CE Conformite Europeenne Mark of the HARMONI Modular Intraocular Lens IOL System for the visual correction of aphakia in adult patients in whom a cataractous lens has been removed The unique modular design is..
A unit of Johnson Johnson that makes artificial hips has accused a surgical funding company of seeking excessive profits from financing surgery for patients suing over the devices The claim by DePuy Orthopaedics marks the first time that a device maker in the multibilliondollar litigation over fau..
Trinity Health one of the largest Catholic healthcare delivery systems in the nation signed a renewal participation agreement that extends its longstanding relationship with HealthTrust through December 2020 Under terms of the agreement Trinity Health will continue an eightyear partnership that has..
Motherhood Hospital plans to raise more than Rs100 crore through series B funding to meet its expansion plans Motherhood a speciality hospital chain of Bengalurubased Rhea Healthcare provides womens healthcare and birth care services and has delivered more than 5000 babies through its six hospitals..
Shenzhen Glory Medical Co Ltd says unit in deal to invest in hospital project in Sandu Shui Autonomous County Guizhou province worth 700 million yuan 10977 million Says signs framework agreements on hospital project in Huojia County in Henan province and Danfeng County in Shaanxi province reute..
Mercy Health Muskegon announced a major milestone that will allow leaders there to begin a 271 million medical center and consolidation project at the hospital system39s Mercy Campus Greg Loomis the healthcare system39s president and CEO said Thursday Sept 24 that Trinity Health has approved the lo..
A federal court in Ohio refused on Thursday to stop a 19 billion merger of medical technology provider Steris Corp and British sterilization services provider Synergy Health Plc despite the objections of US antitrust enforcers The Federal Trade Commission filed a lawsuit in May aimed at stopping th..
IPC Healthcare Inc a leading national acute hospitalist and postacute provider organization announced today that it has acquired the psychiatry practice of Ashit K Vijapura MD The Tampa Floridabased practice focuses on providing psychiatry services in both acute and postacute settings We are please..
General Electric Co GE is planning to expand its health care and technology segment according to a release early Wednesday morning The company announced the creation of a new business unit Sustainable Healthcare Solutions SHS which will develop highvalue lowcost technologies and health care delivery..
The Government has signed a J764 million contract with Chins Construction Limited to begin renovation of the Linstead Hospital Accident and Emergency department Minister of Health Dr Fenton Ferguson said the contract signing which took place at Jamaica House was a further signal of our commitment t..
Children39s Hospital Colorado announced plans Tuesday for a new medical center in north Colorado Springs The 170000squarefoot hospital will include an emergency department up to 100 inpatient pediatric beds neonatal intensive care unit pediatric intensive care unit and operating rooms Children39s s..
Britain39s Clinigen Group said on Tuesday it would buy Link Healthcare a specialist pharma company focused on markets in Asia Africa and Australasia for a maximum 100 million pounds 155 million Chief Executive Peter George said the acquisition for an initial 445 million pounds with the rest depende..
Research Triangle Park surgical device manufacturer TransEnterix Inc has acquired the surgical robotics division of Sofar SpA an Italian health care company in a deal that could be worth 100 million Sofar developed the Telelap ALFX robotic system for minimally invasive surgery which TransEnterix wi..
Prime Healthcare Services has signed a definitive agreement to acquire the 88bed Lehigh Regional Medical Center located in Lehigh Acres Florida and related businesses including physician clinic operations and ancillary services from subsidiaries of Community Health Systems The sale is expected to cl..
The Oakville Hospital Foundation has raised a recordbreaking 65 million in donations surpassing its goal of raising 60 million to fund the opening day equipment needs of the new Oakville Trafalgar Memorial Hospital Gifts from the campaign are being used to fund more than 30000 pieces of medical equi..