Acquisitions news and information

Georgia's Phoebe Putney Health System, which has gone to the U.S. Supreme Court and back in its quest to buy a rival hospital for $200 million, lost a key legal battle last week when a federal judge imposed what he called an “extraordinary and drastic” restraining order on the...
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Quest Diagnostics, a Madison, N.J.-based provider of diagnostic information services, has acquired medical center operator Concentra's toxicology and clinical laboratory business and agreed to serve as Concentra's primary provider of workplace drug toxicology and clinical laboratory testing.
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Not-for-profit Billings (Mont.) Clinic and for-profit, Brentwood, Tenn.-based RegionalCare Hospital Partners have formed a joint venture that seeks to draw on the operational expertise and financial resources of both organizations.
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Electronic health systems developer Allscripts Healthcare Solutions recorded a net loss of $11.6 million in its first full quarter under new leadership, the company reported after the markets closed Thursday.
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Home health and hospice companies weathered a tough first quarter that was evident in bottom-line results that could not keep pace with last year.
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ICU Medical, the San Clemente, Calif.-based producer of intravenous medical equipment, is weighing a sale that may fetch more than $1 billion, said people familiar with the matter. The shares rose to their highest closing price since first being sold to the public 21 years ago.
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Deep-pocketed healthcare systems have become choosier about what they buy, and small standalone hospitals have found it harder to go it alone.
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One of the nation's largest insurers last week closed on a $1 billion deal to become a large integrated delivery system with a pledge that newly acquired hospitals and doctors would deliver savings for enrollees and patients.
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Steward Health Care System is blaming Blue Cross and Blue Shield of Rhode Island for tanking its bid to buy Landmark Medical Center in Woonsocket, R.I.
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Roper Industries, Sarasota, Fla., has finished what it started in March, moving deeper into healthcare information technology by completing its announced acquisition of Managed Health Care Associates, Florham Park, N.J., for “approximately $1 billion,” the company has announced.
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