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Equipment and Services Health Care Providers and Services

  • NEW YORK, Nov 14- Legendary short-seller Jim Chanos said on Tuesday he is betting against companies that provide kidney dialysis, because their profits may be threatened by insurers that are balking at the high cost of the treatments. Chanos, who runs the hedge fund Kynikos Associates and was among the first to predict and later profit from the fall of Enron Corp...

  • Seres Therapeutics hopes to become the first company to leverage this discovery through a collaboration with the MD Anderson Cancer Center in Texas and the Parker Institute for Cancer Immunotherapy that will see its microbe medicine tested in a clinical trial. The Cambridge, Massachusetts- based firm has an exclusive option to license patent rights under...

  • Rudy Figueroa (R), an insurance agent from Sunshine Life and Health Advisors, speaks with Marvin Mojica as he shops for insurance under the Affordable Care Act at a store setup in the Mall of Americas on November 1, 2017 in Miami, Florida.

    Obamacare has been under fire all year in Washington, but against all odds the start of this year's open enrollment has been robust.

  • A registered nurse hangs an I.V. bag for a patient at the University of Miami Hospital's Emergency Department.

    JPMorgan health care expert Lisa Gill shared her views on the impact Amazon is having on the pharmaceutical space.

  • PRO Talks: Lisa Gill

    JPMorgan health care expert Lisa Gill shared her thoughts on the hotly-followed drug pricing debate as well as potential stock picks.

  • Revenues from patients from overseas grew 8 percent and contributed 27 percent of total revenue, most of them from the Middle East, China, and Australia, BDMS said in a statement. With its world-class hospitals, Thailand is a medical hub that caters mostly to visitors from the Middle East and countries in Asia, as well as expatriates from Europe, Australia and North...

  • CHICAGO, Nov 9- Genesis Healthcare Inc, one of the largest U.S. nursing home operators, expects to bounce back from industry woes after reaching a deal to restructure some of its leases, Chief Executive George Hager told investors on Thursday. Chicago- based Genesis expects to save an annual $54 million once two of its main landlords, Welltower Inc and Sabra Health...

  • Senior couple in senior home

    If you take the medical deduction this year, it might be worthwhile to prepay some of your 2018 care premiums.

  • *Charge taken for underperformance of Medical Group unit. Nov 7- DaVita Inc, the biggest U.S. dialysis services provider, swung to a third-quarter loss due to an impairment charge it took for the continued underperformance of its Medical Group healthcare delivery and management unit. The company said it had also cut jobs in the Medical Group business, which...

  • For several years, the Oppenheimer Global High Yield Fund listed debt guaranteed by Remington Outdoor Co Inc, which makes bullets, handguns, shotguns and rifles, as an investment in "health care providers& services," according to SEC filings. Starting in 2014, the fund grouped senior notes issued by FGI Operating Co LLC, a Remington subsidiary, with similar...

  • Community Health has been selling less-profitable hospitals to pare its pile of debt even as the company recently came under investor pressure to replace its Chief Executive Wayne Smith. Excluding items, Community Health posted a hefty loss of 77 cents per share, compared with analysts' estimates of 30 cents per share, according to Thomson Reuters I/B/E/S.

  • Shares of Community Health, which tumbled to close at $5.44 in regular hours, slipped another 10.3 percent at $4.88 in after-market trading. Community Health has been looking to turn its business around by selling some of its assets to pare its long-term debt, which had swelled to about $15 billion, as of June 30. Excluding items, Community Health posted a hefty...

  • The company slashed full-year forecast of its net operating revenue less provision for bad debts to $15.80 billion to $15.90 billion, from a previous range of $15.85 billion to $16.05 billion. Net loss attributable to the company widened to $110 million, or 98 cents per share, in the third quarter ended Sept. 30, from $79 million, or 71 cents per share, a year earlier.

  • Nov 1- Community Health Systems Inc reported a 16 percent fall in revenue in the third quarter as the debt-laden hospital operator recorded weak patient volumes. Net loss attributable to Community Health's stockholders widened to $110 million, or 98 cents per share, in the third quarter ended Sept. 30, from $79 million, or 71 cents per share, a year earlier.

  • NEW DELHI, Nov 1- An explosion at an Indian coal-fired power plant on Wednesday has killed sixteen people and injured up to 100 in the northern state of Uttar Pradesh. About 80 people have been taken to the hospital of plant operator NTPC Ltd, while around 10 with serious injuries have been sent to other facilities, NTPC said in a statement. "About 16 people are dead, and...

  • NEW YORK, Oct 29- The proposed merger between U.S. pharmacy operator CVS Health Corp and No. 3 health insurer Aetna Inc represents a $66 billion bet that insurers can drive down high U.S. drug prices by cutting out the middleman. CVS, one of the largest U.S. pharmacy benefits managers, has offered to buy No. 3 health insurer Aetna for more than $200 per share, sources said...

  • Hospital operators had benefited from the expanded insurance coverage under former President Barack Obama's signature Affordable Care Act, but Republicans' efforts to dismantle it has weighed on the companies' shares. "LPNT's latest results continue its disappointing pattern of the past 10 years, with recent acquisitions weighing on margins, which in 3 Q17...

  • Net income attributable to LifePoint fell to $27.5 million or 67 cents per share, from $39.5 million or 92 cents per share, a year earlier. The company lowered its full-year forecast for adjusted earnings to $3.48 to $3.78 per share from $3.92 to $4.20. Its revenue forecast was slashed to $6.34 billion to $6.39 billion from $6.43 billion to $6.5 billion.

  • Oct 27- U.S. hospital operator LifePoint Health Inc on Friday reported a 30.4 percent fall in third-quarter profit as patient volumes declined. Net income attributable to LifePoint fell to $27.5 million, or 67 cents per share, in the quarter ended Sept. 30, from $39.5 million, or 92 cents per share, a year earlier. Net sales fell to 1.56 billion from $1.58 billion.

  • Oct 26- U.S. pharmacy operator CVS Health Corp has made an offer to acquire No. 3 U.S. health insurer Aetna Inc for more than $200 per share, or over $66 billion, people familiar with the matter said on Thursday. A deal would merge one of the nation's largest pharmacy benefits managers and pharmacy operators with one of its oldest health insurers, whose far-reaching...