In the ongoing rush of healthcare deals, perhaps no other health system has been as aggressive as Catholic Health Initiatives, which has executed a dozen transactions in the past three years that have expanded its operations into health insurance and established a $1 billion foothold in Texas.
Texas Health Resources, the system that treated the first case of Ebola diagnosed in the U.S., reported that patient volume at its affected Dallas hospital is returning to normal levels.
By more than one measure, hospitals saw operating income slump in 2013. But that may actually be good news for some hospitals.
Fitch Ratings is maintaining it's A+ credit rating for Catholic Health Initiatives, the rapidly expanding national health system that earlier this week reported a sharp drop in its operating performance. Rival rating agency Standard & Poor's recently downgraded CHI because of weak financial results.
Carolinas HealthCare System more than doubled its operating surplus for the first nine months of the year as it increased its market share, saw an improved payer mix and slowed the growth of labor costs.
Investment firm Carrick Capital Partners anticipates a busy 2015, with healthcare opportunities clearly in its sights. It has secured the advisory services of former Tennessee Sen. Bill Frist, a physician, and plans to start a new fund that will include many healthcare investments, according to...
Kindred Healthcare set Feb. 2 as the closing date for its merger with Gentiva Health Services after completing an offering of $1.35 billion in senior unsecured debt that will help fund the deal.
More hospitals will see a payment bump than a penalty in the coming year under Medicare's value-based purchasing program, according to newly released federal data for more than 3,000 U.S. facilities.
Varian Medical Systems, which makes equipment for performing radiosurgery, proton therapy and similar procedures, said it is planning to submit an offer to acquire Germany-based MeVis Medical Solutions.
U.S. and Cuban healthcare providers could benefit from renewed U.S.-Cuban relations announced Wednesday by President Barack Obama, industry experts said. U.S. devicemakers, in particular, could soon have access to a new market hungry for its products.
Royal Philips, one of the world's largest manufacturers of imaging systems, said it plans to spend $1.2 billion to acquire Volcano, a San Diego-based provider of catheter-based imaging and measurement systems used in endovascular procedures.
The number of credit rating downgrades on not-for-profit hospitals is likely to outpace upgrades in 2015, Standard & Poor's forecast in a new report that assigns a negative outlook to the sector.