Seeking to tighten its grip on a splintered skilled-nursing facilities market, Care Capital Properties announced Wednesday that it has acquired several properties in Louisiana.
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 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.
Trinity Health, one of the nation's largest health systems, closed on a deal to sell a Michigan hospital to Prime Healthcare Services under a strategy to shed struggling hospitals.
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.
Bharat Sundaram has been promoted to president of MedAssets' Spend and Clinical Resource Management segment.
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.
The last major piece of the Affordable Care Act could raise costs for thrifty consumers as well as large corporations and union members when it takes effect in 2018.
Improved patient experience is healthcare's objective, and addressing root causes that impact patient satisfaction scores is crucial to success.
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.
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.
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.