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Cognizant closes on $2.7 billion TriZetto acquisition

By Joseph Conn  |  November 20, 2014

Cognizant, the Teaneck N.J.-based global technology, consulting and business-process outsourcing company, has closed on its purchase of TriZetto Corp., Englewood, Colo., a provider of information technology systems and services to health plans and third-party benefits administrators.

Kindred prices new offerings to fund Gentiva deal

By Beth Kutscher  |  November 20, 2014

Kindred Healthcare shares recorded heavy volume Thursday as the company priced two public offerings that will help fund its takeover of Gentiva Health Services.

CHE Trinity Health's new name: Trinity Health

By Melanie Evans  |  November 19, 2014

The rebranded health system created by the 2013 merger of Catholic Health East and Trinity Health will focus its strategy through 2020 on physician engagement and population health, seeking to leverage its expansive operations.

Healthcare's 'hidden costs'

Healthcare's 'hidden costs'

By Bob Herman  |  November 18, 2014

What comes to mind when America's healthcare bill is mentioned? Usually physician services, hospital care, prescription drugs. While those areas of healthcare account for the bulk of U.S. health spending, another area of out-of-pocket spending mostly goes unnoticed.

Medtronic reports lower earnings as Covidien deal moves to close in '15

By Jaimy Lee  |  November 18, 2014

Medtronic, a Minneapolis-based medical-device manufacturer, said profits fell again in the second quarter of its fiscal 2015, reporting an 8.2% drop in net earnings to $828 million. One-time events, such as charges for a pending major acquisition, accounted for the decline, the company contended.

Prime adds to buying streak with CHS hospital in Texas

By Beth Kutscher  |  November 18, 2014

Prime Healthcare Services has entered into a deal to buy another hospital from Community Health Systems, the second this month. The Ontario, Calif.-based chain will buy 85-bed Dallas Regional Medical Center in Mesquite, Texas.

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