This section covers the managerial aspects in the Healthcare industry.
Emerging markets private equity group Abraaj and a consortium of PD Hinduja Hospital and Everstone Capital Advisors are among those to emerge as the frontrunners to acquire Hyderabadheadquartered multispeciality hospital chain CARE Hospitals from its current private equity owners Advent Internationa..
A multispecialty 100bed hospital worth OMR15 million built by Lifeline Hospitals a VPS Group unit will be opened by the end of this year the top official of the group said As part of our expansion plans the new multispecialty hospital will open by the end of this year in Al Khuwair Muscat It will c..
Erchonia Corporation a medical laser device manufacturing company will relocate its operations to a 20000 square foot facility in the North Drive industrial area of Melbourne Florida The companys 53 million investment is expected to create 35 jobs in Brevard County The firm markets leading lowlevel..
LHC Group Inc a national provider of comprehensive postacute healthcare services announced that it has entered into a definitive agreement to acquire Halcyon Hospice LLC for approximately 585 million in cash As a result of the acquisition LHC Group expects to receive a step up in tax basis resulting..
Medtronic Plc the world39s largest standalone medical device maker reported a 70 percent rise in quarterly revenue helped by higher sales across its business lines in part due to the acquisition of surgical products provider Covidien Plc An improving US economy and the impact of the affordable care..
Integra LifeSciences Holdings Corporation and Tornier NV announced a definitive agreement under which Integra will acquire the United States rights to Tornier39s Salto Talaris and Salto XT ankle replacement products and Tornier39s Futura silastic toe replacement products for an undisclosed cash paym..
Prime Healthcare Services the fastest growing hospital system in the nation announced today that it has completed the acquisition of St Joseph Mercy Port Huron As a result St Joseph Mercy Port Huron will now be known as Lake Huron Medical Center Lake Huron Medical Center is a 144bed acute care hosp..
The Muscular Dystrophy Association MDA and the Friedreich39s Ataxia Research Alliance FARA today announced a partnership that will pave the way for advancements in Friedreich39s Ataxia FA research therapeutic development and clinical care thus deepening understanding of the disease for patients and ..
Tuesdaythe Sacred Heart Hospital on the Emerald Coast kickedoff their 30 million expansion project We are very excited enormously humbled to be a part of this great ministry and a great health care system in a hospital that makes such a difference what a great day said Roger Hall president of Sacre..
BPL Medical Technologies a leading Indian medical devices company backed by global investment bank Goldman Sachs today announced the acquisition of UKbased Penlon Ltd Penlon We have acquired Penlon a UKbased leading global manufacturer of anaesthesia systems and vaporizers with worldwide distributi..
SSM Health and SLU expand partnership as SSM Health assumes ownership of the academic hospital SSM Health announced today that it has committed 500 million to build a new replacement hospital and outpatient care center within the next five years The new facilities will be located in the immediate v..
CedarsSinai Health System announced today the purchase of the 145bed Marina Del Rey Hospital and its neighboring medical office building Marina Del Rey Hospital will operate as a distinct community hospital affiliate of the CedarsSinai Health System and will continue to provide its existing service..
LifePoint Health a leading hospital company focused on providing quality healthcare close to home and Watertown Regional Medical Center WRMC today announced that they have finalized a joint venture to share ownership and operation of the hospital This is an exciting day for WRMC and our communities..
DaVita Kidney Care a division of DaVita HealthCare Partners Inc NYSE DVA and a leading global provider of kidney care services today announced it is forming a joint venture kidney care specialty hospital chain in Shandong province China The agreement establishes DaVita Shandong Kidney Disease Hospit..
Syngene International contract research arm of biotechnology major Biocon is planning to set up a new manufacturing plant in Mangalore with an investment of about 100 million over Rs 660 crore The company is planning to set up a new manufacturing facility at Mangalore SEZ and is in the process of a..
NovoCure Ltd which makes a device that uses electrical fields to fight a common form of brain cancer has disclosed plans for an initial public offering NovoCures Optune system is a treatment for recurrent glioblastoma The portable noninvasive device delivers electrical fields from electrodes on the..