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SEIU keeps Kaiser workers in second showdown with Calif. rival
By Ashok Selvam | May 03, 2013 | Basic Web Basic Web Subscription Details
The upstart National Union of Healthcare Workers failed for a second time to win the prize of representing 45,000 workers at Kaiser Permanente hospitals in California.
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Roper Industries completes $1B acquisition of Managed Health Care Associates
By Joseph Conn | May 03, 2013 | Basic Web Basic Web Subscription Details
Roper Industries, Sarasota, Fla., has finished what it started in March, moving deeper into healthcare information technology by completing its announced acquisition of Managed Health Care Associates, Florham Park, N.J., for “approximately $1 billion,” the company has announced.
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HCA sees decline in first-quarter net income
By Beth Kutscher | May 02, 2013 | Basic Web Basic Web Subscription Details
HCA, Nashville, today reported its final first-quarter results, adding a little more color on a performance it already previewed last month.
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Low interest rates hitting healthcare systems' pension plans: S&P
By Beth Kutscher | May 01, 2013 | Basic Web Basic Web Subscription Details
Not-for-profit healthcare systems continued to struggle with underfunded pension liabilities last year, and the situation has become even more challenging since 2011.
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Information
Steward sues R.I. Blue Cross over failed Landmark deal
By Providence (R.I.) Journal | May 01, 2013
Steward Health Care System, the Massachusetts hospital chain that last year abandoned its plans to buy Landmark Medical Center, is suing Blue Cross & Blue Shield of Rhode Island, blaming the insurer for the deal's failure.
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Trinity Health, Catholic Health East complete merger deal
By Ashok Selvam | May 01, 2013 | Basic Web Basic Web Subscription Details
More than six months after Trinity Health and Catholic Health East officials announced plans to merge, the organizations have closed the deal and officially formed a health system that includes more than 70 hospitals in 21 states.
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Healthcare owners shun nursing homes
By Wall Street Journal | May 01, 2013
Some of the nation's largest healthcare landlords are pulling back from nursing homes on concerns they will be less profitable in an era of steep Medicare and Medicaid cuts.
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Vanguard Health Systems scales back earnings estimate
By Modern healthcare staff | May 01, 2013 | Basic Web Basic Web Subscription Details
Vanguard Health Systems knocked $12 million off the top end of its forecast for its current fiscal year after tallying lackluster earnings for the quarter ended March 31.
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CMS move boosts for-profit hospital sector
By Beth Kutscher | April 30, 2013 | Basic Web Basic Web Subscription Details
Investor-owned hospital chains continued to report unexceptional first-quarter earnings this week, but good news from the CMS on 2014 Medicare payments renewed investor confidence in the sector.
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Information
Valeant Pharmaceuticals in talks to buy Actavis
By Wall Street Journal | April 30, 2013
Drugmaker Valeant Pharmaceuticals International is reported to be in talks to acquire rival Actavis for more than $13 billion in what would rank as one of the biggest healthcare deals this year.
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