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News
Prime announces two not-for-profit transactions
By Paul Barr | January 02, 2013 | Basic Web Basic Web Subscription Details
For-profit hospital chain Prime Healthcare Services donated Huntington Beach (Calif.) Hospital to an affiliated not-for-profit foundation, which also bought a controlling stake in a Texas facility.
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Healthcare capital outlays seen making comeback
By Melanie Evans | December 19, 2012 | Basic Web Basic Web Subscription Details
One snapshot of capital spending by hospitals, physician groups and ambulatory-care centers found budgets were somewhat likelier to increase than to shrink this past year.
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Steward Health owner Cerberus Capital to sell off gun holdings
By Joe Carlson | December 19, 2012 | Basic Web Basic Web Subscription Details
The private-equity firm that recently bought one of the largest safety net health systems in New England is also the owner of the nation's largest gun-manufacturing corporation—but that's about to change, following last week's horrific schoolhouse massacre in Connecticut.
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News
Funding cuts threaten preparedness gains, study says
By Ashok Selvam | December 19, 2012 | Basic Web Basic Web Subscription Details
State and federal funding cuts have undermined preparedness for public health emergencies amid a troubling array of threats, made clear again in October by superstorm Sandy, according to a study released today by the Trust for America's Health and the Robert Wood Johnson Foundation.
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Hospitals could face higher borrowing costs under 'fiscal cliff' proposal
By Melanie Evans | December 13, 2012 | Basic Web Basic Web Subscription Details
Borrowing costs could climb for hospitals in tax-exempt bond markets under one White House-backed proposal to help avoid the so-called fiscal cliff.
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Credit agreement revised; CHS gains flexibility on acquisitions
By Beth Kutscher | November 25, 2012 | Basic Web Basic Web Subscription Details
Community Health Systems, Franklin, Tenn., has received consents from its lenders for an amendment to an existing credit agreement that will increase its ability to make buys.
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Information
West Health invests $4.25 million in rehab software
By San Diego Source | October 30, 2012
An interactive physical therapy software that cuts rehab costs is getting a $4.25 million injection from the West Health Investment Fund.
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News
Waud Capital buys ProNerve
By Ashok Selvam | October 26, 2012 | Basic Web Basic Web Subscription Details
Waud Capital Partners, Chicago, announced the purchase of ProNerve, a Broomfield, Colo.-based intraoperative neuromonitoring services provider.
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Information
At Akron General, no cash stash, but a story to tell
By Timothy Magaw, Crain's Cleveland Business | October 15, 2012
Having had four different CEOs over the last four years, luke-warm to nonexistent positive operating margins and a competitor that's more than doubled in size over the last decade, Akron (Ohio) General Health System by all accounts has a tough haul ahead if it plans to stay in the game.
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News
Market consolidation seen as threat to doc-owned hospitals
By Andis Robeznieks | September 20, 2012 | Basic Web Basic Web Subscription Details
The newest threat to physician-hospital ownership is market consolidation that has led to hospitals aggressively pursuing medical specialists, a speaker said at the PHA conference in Texas.
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