NEW YORK-- BioScrip Inc. plans to expand its drug infusion business with a $223 million acquisition of CarePoint, which administers drugs to patients in their homes and other locations outside of hospitals. BioScrip expects about $160 million in annual revenue from CarePoint, while BioScrip posted $663 million in revenue in 2012..» Read More
*Q4 profit of 45 cents/ shr vs year-ago loss of 70 cents/ shr. Feb 26- Tenet Healthcare Corp on Tuesday reported a profit for the fourth quarter versus a year-earlier loss as outpatient visits to its hospitals rose.
*Q4 EPS 92 cents ex legal costs tops view 82 cents. Feb 5- HCA Holdings Inc, the largest U.S. for-profit hospital operator, on Tuesday reported lower quarterly net earnings due to costs to settle legal claims, but revenues were boosted as more patients sought treatment during a severe flu season.
*Q4 EPS 92 cents ex legal costs tops view 82 cents. Feb 5- HCA Holdings Inc, the largest U.S. for-profit hospital operator, reported lower quarterly net earnings due to costs to settle legal claims, but its revenue got a boost from treating more patients in a severe flu season.
*Q4 EPS 92 cents ex legal costs tops view 82 cents. Net income fell to $314 million, or 68 cents per share, from $1.94 billion, or $4.25 a share, a year earlier, when one-time gains from facilities sales and an investment boosted earnings. Excluding legal expenses in the latest quarter, Nashville, Tennessee- based HCA reported earnings of 92 cents per share.
*Q4 EPS of 92 cents excluding legal costs tops analysts' 82 cents view. Net income fell to $314 million, or 68 cents per share, compared with $1.94 billion, or $4.25 a share, a year earlier, when one-time gains from facilities sales and an investment boosted earnings.
Feb 5- HCA Holdings Inc, the largest U.S. for-profit hospital operator, reported lower fourth-quarter net earnings, reduced by costs to settle legal claims. Net income fell to $314 million, or 68 cents per share, compared with $1.94 billion, or $4.25 a share, a year earlier, when one-time gains from facilities sales and an investment boosted earnings.
Feb 4- The Obama administration on Monday proposed eliminating certain obsolete Medicare regulations, a move it said would save hospitals and other healthcare providers an estimated $676 million a year, or $3.4 billion over five years.
WASHINGTON, Jan 22- Moody's Investors Service said on Tuesday its outlook for U.S. not-for-profit hospitals will remain negative in 2013, marking the fifth year the rating agency has expressed concerns about the sector.
Making the health care system function better could save $2 trillion on health costs over the next decade, Dr. David Blumenthal, Commonwealth Fund president, told CNBC on Friday.
Dr. David Blumenthal, Obama health care expert and Harvard Medical School professor, shares his plan to overhaul the U.S. health care system, which would save $2 trillion, he says.
NEW YORK, Dec 27- The NYU Langone Medical Center in New York City partially reopened its inpatient facilities on Thursday, nearly two months after it was flooded by Superstorm Sandy and sustained damages that could exceed $1 billion.
Toby Cosgrove, CEO & president at The Cleveland Clinic, explains how "fiscal cliff" cuts could severely impact the health care industry.
Thursday is US Day. Ugly Sweater Day. The day I wear not one but two ugly holiday sweaters as part of a campaign to raise awareness and money for StandUp2Cancer.
Greek hospitals are in such dire straits that staff are failing to keep up basic disease controls such as using gloves and gowns, threatening a rise in multi-drug-resistant infections, according to Europe's top health official.
We've come up with a list of countries with the starkest gap between the number of old and the number of young. Find out which countries have the biggest gap between old and young.
The world is rapidly aging. A whopping two billion people will be 60 years and older by 2050, more than triple the number in 2000.
The managing partner of Google's venture capital, Bill Maris, says under-investment in health sciences is short-sighted.
The goal is to enable physicians and pharmaceutical companies to use complex genetic data to tailor treatment on an individual basis, according to Mike Pellini, CEO of Foundation Medical.
Qualcomm's CEO Paul Jacobs says the smart phone will become a focal point for wirelessly connecting medical devices, diagnostics and sensors, and providing near real-time information.
The aging of America is taking a toll on the health care system. By 2050, the cost of treating Alzheimer's patients will hit $1 trillion a year.