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Northwestern, Cadence complete their merger
By Bob Herman | August 30, 2014 | Print Magazine Print Magazine Subscription Details
Northwestern Memorial HealthCare and Cadence Health have ratified final terms of their merger, creating a Chicago-area health system with nearly $3 billion in annual revenue.
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MaineHealth expands state dominance with Franklin acquisition
By Bob Herman | August 29, 2014 | Basic Web Basic Web Subscription Details
Maine's health department approved MaineHealth's acquisition of Franklin Community Health Network this week, giving the largest system in the state 10 acute-care hospital campuses.
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Covidien continues shopping spree with vein device purchase
By Bob Herman | August 28, 2014 | Basic Web Basic Web Subscription Details
Covidien, like its soon-to-be acquirer Medtronic, has bought its second medical company within the past week. The Ireland-based supplier said Thursday that it took over Sapheon, a Morrisville, N.C.-based manufacturer of devices that help treat venous diseases.
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Reform Update: Ascension deals signal new economic reality in healthcare
By Melanie Evans | August 27, 2014 | Basic Web Basic Web Subscription Details
Ascension Health, one of the nation's largest hospital owners, is expanding rapidly with a string of announced deals that its CEO says will grow its reach beyond hospitals to keep pace with rapid Obamacare-induced changes in the marketplace. But notably, Ascension is not on an acquisition spree.
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NY-Presbyterian eyes new target as NYC hospital wars continue
By Bob Herman | August 27, 2014 | Basic Web Basic Web Subscription Details
New York-Presbyterian Hospital is pursuing a partnership with Hudson Valley Hospital Center in Cortlandt Manor, N.Y., yet another move in the chess game involving New York City's giant healthcare providers.
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Medtronic buys Italian hospital services company
By Jaimy Lee | August 27, 2014 | Basic Web Basic Web Subscription Details
Medtronic made its second deal this week, announcing a $350 million acquisition of an Italian operator of cardiovascular suites, operating rooms and intensive-care units.
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Roper Industries expands its product reach, acquiring two companies
By Darius Tahir | August 27, 2014 | Basic Web Basic Web Subscription Details
Roper Industries, a Sarasota, Fla.-based company that, among other lines of business, designs, manufactures and distributes medical and scientific imaging products and software, has acquired two firms to broaden its product reach.
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Hospitals squeezed as revenue growth slows to all-time low
By Beth Kutscher | August 27, 2014 | Basic Web Basic Web Subscription Details
Revenue at not-for-profit hospitals grew at an all-time low of 3.9% last year with sluggish gains in both inpatient and outpatient activity, according to a report on 2013 medians from Moody's Investors Service.
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Medtronic hits the buying trail again, snaps up Dutch devicemaker
By Jaimy Lee | August 26, 2014 | Basic Web Basic Web Subscription Details
Medical-device manufacturer Medtronic has made another deal, this time announcing plans to spend $200 million in cash to acquire a Dutch developer of deep-brain stimulation technologies.
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Premier scores five deals, boosts profits since IPO
By Jaimy Lee | August 25, 2014 | Basic Web Basic Web Subscription Details
Premier, a company that provides group purchasing and performance services to hospitals, reported strong growth in its first year as a public company.
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