BISMARCK, N.D.-- North Dakota's Supreme Court heard arguments Wednesday on whether the state's sole abortion clinic can use drugs to terminate pregnancies, the first challenge before the state's highest court to a recent raft of abortion restrictions considered the most restrictive in the nation.» Read More
Aug 6- Tenet Healthcare Corp, which is buying smaller hospital operator Vanguard Health Systems Inc, on Tuesday reported a bigger second-quarter net loss as it admitted fewer patients to its facilities, and it lowered its full-year outlook.
WASHINGTON, July 31- More mothers in the United States are breastfeeding their babies, a practice that could potentially save billions in health care costs, the Centers for Disease Control said in a study released on Wednesday.
But in the hospital space, where gaining scale is crucial to survival, Community Health Systems is not letting Health Management Associates' legal woes hamper a buyout.
July 30- U.S. hospital chain Community Health Systems Inc said it reached a deal to buy smaller Health Management Associates Inc for $3.9 billion, but quickly faced opposition from major HMA investor Glenview Capital Management over the price.
Community Health Systems announced it would buy Health Management Associates in a deal valued at approximately $7.6 billion, including about $3.7 billion in debt.
Patients whose doctors sell their practices to hospitals could see prices rise, at least in the short term, experts say.
*Britain's GlaxoSmithKline embroiled in bribery scandal. SHANGHAI, July 24- Bribery is the lubricant that helps keep China's public hospitals running, and the health system would struggle to function without illegal payments to poorly paid doctors and administrators, say medical practitioners and industry experts.
KOYA, Japan, July 23- Ryusho Soeda, 66, has taken on a job for which his career as a Buddhist priest never prepared him: forensic accounting. Soeda's temple is the 1,200- year-old Koyasan, a World Heritage site deep in the mountains of western Japan and long prized as a haven for quiet contemplation.
July 19- A warning from hospital operator Community Health Systems Inc of declining patient admissions and news that the U.S. government is stepping up a probe of how it handles Medicare patients will complicate efforts to buy rival Health Management Associates Inc, analysts said on Friday.
July 16- HCA Holdings Inc, the largest U.S. for-profit hospital operator, said on Tuesday that second-quarter patient admissions rose more than 1 percent, boosting revenue and profit and pushing up shares in the sector.
July 16- HCA Holdings Inc, the largest U.S. for-profit hospital operator, said on Tuesday that second-quarter patient admissions rose more than 1 percent, boosting revenue and profit and pushing up shares in the sector. HCA shares jumped 5.1 percent at $39.11, while other hospital operators, including Community Health Systems and Tenet Healthcare, also gained.
July 16- HCA Holdings Inc, the largest U.S. for-profit hospital operator, said on Tuesday that admissions rose more than 1 percent in the second quarter and that earnings and revenue also increased, pushing shares up for it and its competitors.
July 16- HCA Holdings Inc, the largest U.S. for-profit hospital operator, on Tuesday said facility admissions rose more than 1 percent during the second quarter and it expects to report a rise in earnings and revenue, pushing shares up 5 percent. Shares were trading at $39 in pre-market activity after having closed at $37.20 on Monday.
WASHINGTON, July 14- Community health centers expect to sign up millions of newly insured patients under President Barack Obama's health reform law, but U.S. budget cuts just as they need to beef up services may make it hard to keep the newcomers.
July 2- Miami-Dade County legislators on Tuesday passed a November referendum that will ask voters to approve $830 million of bonds to revamp crumbling facilities at the Jackson Health System, the operator of the third-largest U.S. public hospital.
PHOENIX, June 29- A gas leak at Intel Corp's second-biggest manufacturing plant, located in Chandler, Arizona, sickened up to 43 people, including 11 who were taken to a local hospital, company and local fire officials said on Saturday.
*Offer of $21 per Vanguard share is 70 pct premium. June 24- U.S. hospital operator Tenet Healthcare Corp said on Monday it will buy smaller rival Vanguard Health Systems Inc for about $1.73 billion, putting it in a better position to benefit from the expected millions of Americans about to get insurance under President Barack Obama's healthcare reform.
Snow Capital identified the potential in hospital shares early on and has holdings in Community Health Systems Inc and Health Management Associates Inc.. Since the start of the year, shares of the largest publicly traded hospital chain, HCA Holdings Inc, are up 34 percent, while No. 2 Community Health has climbed 71 percent.
Obamacare's implementation may look like a "train wreck," but Universal Health Services CEO Alan Miller says his $7 billion hospital company is well-positioned for the changes.
Keith Smith, Co-founder, Managing Partner at the Surgery Center of Oklahoma says that all funds are channeled to patient care, helping his team deliver quality healthcare and low costs.