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Vanguard Health Systems news and information

Magazine
All eyes on how Tenet pursues reform
By Beth Kutscher | October 05, 2013 | Print Magazine Print Magazine Subscription Details
Now that Tenet Healthcare Corp. has completed its $1.8 billion acquisition of Vanguard Health Systems, investors and peers will watch how the company capitalizes on healthcare...
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Information
Vanguard 2013 net income improves by 8%; analyst cautions investors about merger with Tenet
By Jay Greene, Crain's Detroit Business | August 21, 2013
Vanguard Health Systems, the Nashville-based parent of Detroit Medical Center, increased shareholder net income 8 percent to $61.9 million in fiscal year 2013. The increase represented 75 cents per share in the fiscal year ended June 30, an increase from $57.3 million, or 71 cents per share, for...
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Vital Signs
Mass. regulators give Minuteman Health HMO license, rate approval
By Jonathan Block | August 19, 2013
Minuteman Health, a not-for-profit, consumer-governed health plan sponsored by Vanguard Health Systems and Tufts Medical Center, said Monday that it received an HMO license and premium rate approval from Massachusetts regulators.
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News
2012 may have been 'high water mark' for hospital finances, Fitch says
By Melanie Evans | August 13, 2013 | Basic Web Basic Web Subscription Details
The operating performance of not-for-profit hospitals and health systems rated by Fitch Ratings improved in 2012. But last year may be the “high water mark” for hospital finances.
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Magazine
The big squeeze | CHS-HMA merger tightens the vise on independent hospitals
By Beth Kutscher | August 03, 2013 | Print Magazine Print Magazine Subscription Details
The proposed $3.9 billion tie-up between Community Health Systems and HMA highlights the rise of the hospital mega-system as a response to declining inpatient volumes and payment rates.
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Information
DMC names new president of Huron Valley-Sinai, DMC Surgery hospitals
By Jay Greene, Crain's Detroit Business | July 25, 2013
Andrei Soran has been selected as president of DMC Huron Valley-Sinai Hospital, Clinton Township, and DMC Surgery Hospital in Madison Heights, effective Aug. 6, said Detroit Medical Center CEO Joe Mullany.
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Magazine
Provider deals jump | Tenet's Vanguard play leads the pack
By Beth Kutscher | July 20, 2013 | Print Magazine Print Magazine Subscription Details
When Tenet Healthcare Corp. recently agreed to pay $4.3 billion to acquire Vanguard Health Systems—after being relatively quiet on the acquisition front—it...
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News
Healthcare deals top 90 in June
By Melanie Evans | July 05, 2013 | Basic Web Basic Web Subscription Details
Healthcare deals accelerated in June, a month that saw more than 90 transactions across all sectors and the proposed $4.3 billion acquisition of Vanguard Health Systems by Tenet Healthcare Corp., according to Modern Healthcare's M&A Watch.
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News
Chains look for stronger second quarter after worrisome first
By Beth Kutscher | July 02, 2013 | Basic Web Basic Web Subscription Details
With the second quarter now in the books but not yet reported, the market will be waiting to see whether patient volumes rebound after a tough first quarter that saw large declines.
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Vital Signs
Merger means pressure's on for struggling stand-alone facilities
By Beth Kutscher | July 02, 2013
Watch out, community hospitals. The proposed merger between Tenet Healthcare Corp. and Vanguard Health Systems is expected to increase pressure on already-struggling stand-alone facilities in the markets where the two chains operate.
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