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  • NEW YORK, June 25- U.S. hospital shares surged, with several hitting all-time highs, and other healthcare names rallied on Thursday after the U.S. Supreme Court upheld tax subsidies key to President Barack Obama's signature healthcare law. Among hospitals, shares of Community Health Systems were up 9.3 percent at $60.44 after earlier touching a record high of...

  • Are India's medical schools broken? Tuesday, 16 Jun 2015 | 8:37 PM ET

    India's system for training doctors is plagued by fraud and unprofessional teaching practices, worsening public health issues, Reuters reports.

  • June 11- HealthSouth Corp said it would buy a private rehabilitation hospital operator for $730 million in cash to expand its post-acute care business into new markets. The acquisition of Reliant Hospital Partners will strengthen HealthSouth's position in the Houston, Dallas-Fort Worth and Austin, Texas markets, while giving it new locations in Abilene,...

  • HealthSouth to buy rehab hospital operator for $730 mln Thursday, 11 Jun 2015 | 8:14 AM ET

    June 11- Post-acute care service provider HealthSouth Corp said it would buy a private rehabilitation hospitals operator for $730 million in cash. Reliant Hospital Partners LLC operates a portfolio of 11 in-patient rehabilitation hospitals in Texas, Massachusetts and Ohio, and three in-patient satellite locations in Massachusetts with a total of 902...

  • WASHINGTON, June 10- The U.S. economy was probably not as weak as has been reported in the first quarter, with data on Wednesday showing slightly stronger consumer spending than previously estimated. The Commerce Department's quarterly services survey, or QSS, showed consumption, including healthcare spending, increased at a faster clip than the government...

  • Renee Hsia of the University of California, San Francisco, who has studied hospital charges but was not involved in this research. "That results in higher premiums for auto insurance and for employers who pay into workers' comp," said study co-author Ge Bai of Washington& Lee University. She and Gerard Anderson of Johns Hopkins Bloomberg School of Public Health...

  • NEW YORK, June 8- A study released on Monday found that the 50 priciest U.S. hospitals charged some patients more than 1,000 percent of what Medicare considers the cost of procedures. North Okaloosa Medical Center 1,260%. Paul B Hall Regional Medical Center 1,250%.

  • SHANGHAI, June 5- China will allow patients to claim medical insurance for visits to private hospitals, its main administrative authority said, marking the latest move from Beijing to ease pressure on the country's over-burdened public healthcare system. "In order to satisfy everyone's diverse healthcare needs, we are lowering the threshold for private...

  • June 4- Evolent Health Inc's initial public offering has been priced at $17 per share, an underwriter told Reuters late on Thursday, valuing the healthcare software maker at about $950 million. Evolent was founded in 2011 by its top two investors, the University of Pittsburgh Medical Center and healthcare research firm Advisory Board Co..

  • *Deal values Omnicare at $12.7 bln, including $2.3 B debt. May 21- Drugstore operator CVS Health Corp said Thursday it will spend $10.1 billion to buy Omnicare Inc, a company that supplies prescription medicines to nursing, assisted living and other healthcare facilities. They could renegotiate their supply contracts given the volume, "said FBR analyst Steven...

  • JOHANNESBURG, May 21- South Africa's biggest private hospital group Mediclinic International reported a sharp slowdown in earnings growth on Thursday as regulations squeezed the profit margin of its Swiss unit. Mediclinic said its Hirslanden unit, the largest private hospital network in Switzerland, was hit by an adjustment of the national outpatient...

  • SEATTLE, May 12- A Seattle hospital has joined a lawsuit against the manufacturer of endoscopy medical scopes linked to a "superbug" outbreak at the medical center, claiming the company, Olympus America, put patients lives at risk by failing to disclose design flaws. Between 2012 and 2014, at least 32 patients at Virginia Mason Medical Center were infected with...

  • SEATTLE, May 12- A Seattle hospital has joined a lawsuit against the manufacturer of endoscopy medical scopes linked to a "superbug" outbreak at the medical center, claiming the company, Olympus America Inc., put patients lives at risk by failing to disclose design flaws. Between 2012 and 2014, at least 32 patients at Virginia Mason Medical Center were infected...

  • Ebola survivor's eye still teeming with virus Friday, 8 May 2015 | 3:55 PM ET
    Dr. Steven Yeh, an ophthalmologist, examined Dr. Ian Crozier in March, five months after Dr. Crozier's initial recovery from Ebola.

    Ian Crozier, who survived Ebola, calls himself a poster child for 'post-Ebola syndrome,' which is also being reported in W. Africa, NYT reports.

  • WASHINGTON, May 7- Sixteen hospitals will pay $15.69 million to resolve allegations they were reimbursed from Medicare for services that were unnecessary, the U.S. Justice Department said on Thursday. As part of the settlement, Health Management Associates Inc and 14 of its formerly associated hospitals will pay $15 million, Community Health Systems and its...

  • As part of the settlement, Health Management Associates Inc and 14 of its formerly associated hospitals will pay $15 million, Community Health Systems and its subsidiary Wesley Medical Center will pay $210,000, and North Texas Medical Center will pay $480,000, the Justice Department said.

  • For the first quarter, Franklin, Tennessee- based Community Health reported net income of $79 million, or 68 cents a share, compared with a net loss of $112 million, or $1.05 cents a share, a year earlier. Competitors HCA Holdings Inc, the nation's largest hospital operator, and No. 3 Tenet Healthcare Corp this week both posted results that were boosted by growth in...

  • May 5- Community Health Systems Inc on Tuesday reported a quarterly net profit, compared with a year-ago loss, as it treated more patients with insurance obtained through state and federal marketplaces established under the Affordable Care Act. The second-largest publicly traded hospital operator also said results reflected its integration of Health...

  • May 4- Hospital operator Tenet Healthcare Corp on Monday posted a net profit in the first quarter, compared with a year-ago loss, as more people with health insurance used its facilities. Tenet posted net income in the quarter of $47 million, or 47 cents a share, compared with a net loss of $32 million, or 33 cents, a year earlier. Dallas- based Tenet also confirmed its...

  • May 4- Patterson Cos Inc said it would buy privately held veterinary products maker Animal Health International Inc for $1.1 billion. The company also said it was looking to sell its medical rehabilitation business. Patterson, which makes dental products, veterinary supplies and rehabilitation medical supplies for hospitals and long-term care facilities,...