Press Ganey Holdings stock began trading Thursday on the New York Stock Exchange and closed at $27.50 per share. The patient-satisfaction measurement firm based in South Bend, Ind., announced Tuesday that 8.9 million shares would be sold at $25 per share, before underwriting discounts.
CVS Health Corp. will pay more than $10 billion for pharmaceutical distributor Omnicare in a deal primed to feed its fast-growing specialty drug business and tap a lucrative and growing market: care for the elderly.
Stanford (Calif.) Health Care announced today it has completed its merger with ValleyCare Health System, a single-hospital system in Pleasanton, Calif.
West Georgia Health, a single-hospital system in LaGrange, has signed a letter of intent to join WellStar Health System, the state's largest not-for-profit community health system.
Seven board members of Accretive Health, including company founders Mary Tolan and J. Michael Cline, have resigned or don't plan to run for re-election.
Johnson & Johnson expects a lucrative return from its pharmaceutical business, with plans to seek approval by 2019 for more than 10 new products, each with the potential to top $1 billion in annual sales.
Medtronic on Tuesday projected $7.3 billion in revenue for the fourth quarter of 2015, marking the company's first results since its acquisition of Covidien in January.
Non-clinical purchased services represent one of the greatest areas of mismanaged spends in all of healthcare. Learn how to drive significant cost savings while maintaining or improving your service levels.
Drugmaker Endo International is climbing toward the top of the steadily consolidating generic medicine business with a deal to buy Par Pharmaceutical Holdings for about $8.05 billion.
The Veterans Affairs Department is only one-tenth of the way toward meeting VA Secretary Robert McDonald's goal of hiring 28,000 new clinical professionals.
Henry Ford Health System in Detroit recorded higher inpatient and outpatient volumes in the first three months this year. The company also got past the instability of its Epic electronic health-record rollout.
Executive search firms say the rapidly changing healthcare landscape is creating new types of job opportunities for senior executives.