Hospital stocks rise on Supreme Court hopes, could sink on ruling

By Melanie Evans and Beth Kutscher  |  March 04, 2015

Hospital stocks rallied in an otherwise down market Wednesday, buoyed by a hope the Supreme Court might decide the King v. Burwell case in the administration's favor. That would leave insurance subsidies in place for millions who bought coverage through a federally run exchange.

Pandemic threat, flu season spur Halyard 4th-quarter sales

By Steven Ross Johnson  |  March 04, 2015

Halyard Health, spun off late last year from Kimberly-Clark Corp., on Wednesday reported fourth-quarter 2014 net sales rose 2%, thanks largely to strong sales of its surgical and infection-prevention equipment.

Trinity improves operating metrics but investment income lags

By Beth Kutscher  |  March 03, 2015

Trinity Health, one the country's largest not-for-profit health systems, improved its operating margin in the first half of its fiscal 2015 as volume increased and it benefited from a recent acquisition.

Prime Healthcare to buy Philadelphia-area hospital from Trinity Health

By Beth Kutscher  |  March 02, 2015

Prime Healthcare Services has entered into an agreement to buy 126-bed Mercy Suburban Hospital, which is located in the Philadelphia suburb of East Norriton. The hospital is part of Mercy Health System, which became part of Trinity through its 2013 merger with Catholic Health East.

Cardinal Health to buy J&J's devicemaker Cordis for nearly $2B

By Steven Ross Johnson  |  March 02, 2015

Cardinal Health plans to buy Johnson & Johnson's cardiology medical-device business Cordis for nearly $2 billion in cash, marking the company's expansion into the interventional vascular technology market.

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