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SSM Health acquires St. Louis University Hospital

SSM Health acquires St. Louis University Hospital

By Melanie Evans  |  September 01, 2015

SSM Health, St. Louis, on Monday closed a deal to acquire St. Louis University Hospital from Tenet Healthcare Corp. SSM says it plans to replace the hospital within five years.

Capella completes $900 million sale to REIT

By Michael Sandler  |  September 01, 2015

Capella Healthcare, the privately held, Franklin, Tenn.-based chain, Tuesday announced it has finalized its $900 million sale to a real estate investment trust. In the deal, Medical Properties Trust acquires Capella's properties and a minority ownership in operations.

Wisconsin hospital, LifePoint finalize joint venture

Wisconsin hospital, LifePoint finalize joint venture

By Adam Rubenfire  |  September 01, 2015

Brentwood, Tenn.-based LifePoint Health and Watertown (Wis.) Regional Medical Center have finalized a joint venture that will own and operate the 55-bed hospital.

UnityPoint focuses on expenses as new patients bring added costs

By Beth Kutscher  |  September 01, 2015

UnityPoint Health is ahead of schedule on a number of initiatives to cut costs and increase revenue. The West Des Moines, Iowa-based system has been expanding through acquisitions, which have spurred revenue and volume growth but also put pressure on expenses in recent quarters.

For-profit hospitals making more money, with a stable forecast

By Michael Sandler  |  August 31, 2015

As hospitals around the country continue to consolidate and streamline operations, a leaner healthcare industry is also becoming more profitable. Moody's Investors Service Monday said there's a stable outlook for the U.S. for-profit hospital sector.

Medtronic acquires aneurysm treatment startup

By Adam Rubenfire  |  August 31, 2015

In its second acquisition in just under a week, Dublin-based medical devicemaker Medtronic announced Monday evening that it had acquired Medina Medical, a device company focused on aneurysm treatment.

Mount Sinai's operating surplus booms

By Michael Sandler  |  August 31, 2015

Riding a wave of discharges and investment income, New York-based Mount Sinai Hospital reported a 58.5% rise in operating surplus for the six months ended June 30, 2015.

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