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Why CHS is Offloading Hospitals
During CHS' first-quarter earnings call, president and CFO Kevin Hammons said the system is considering potential divestitures to "provide opportunities to pay down debt as well as allow opportunities to reinvest resources to areas of our portfolio to further accelerate their long-term growth in earnings."
Adventist Health St. Helena in Napa Valley in Talks with Potential Partners
In 2019 the California attorney general’s office rejected a proposed Adventist Health/St. Joseph partnership that would have made Queen of the Valley Medical Center, St. Helena Hospital, Santa Rosa Memorial Hospital and seven other hospitals part of a new network.
Alpha Aesthetics Partners Affiliates with Refined Aesthetics
Alpha Aesthetics Partners is backed by Thurston Group, a private equity firm specializing in growing healthcare companies.
Groundbreaking for $10M Expansion at St. Charles Hospital in NY
The $10 million project, partially funded with a $4.2 million grant from the New York State Facility Transformation program, will add 4,000 square feet, 10 more treatment bays, an expanded waiting room, and additional nursing and charging stations.
Maimonides Opens Bay Ridge Emergency Department at Former Brooklyn Hospital
The Maimonides Bay Ridge Emergency Department — built at the site of the former Victory Memorial Hospital on 7th Avenue — is the first 24-hour emergency room in southern Brooklyn
Duo Health and National Kidney Partners Launch Value-Based Care Model in Florida
The organizations will deploy a new patient care model to improve quality delivered to qualifying Medicare patients.
Children’s Hospital Colorado Launches State’s First Pediatric Precision Medicine Institute
A recent $5 million gift will help advance precision medicine to treat and cure childhood diseases such as cancer.
H2 Health Acquires Turner Physical Therapy in WVa
After closing this transaction, H2 Health will own and operate over 185 clinic locations and will be the largest provider of outpatient physical therapy services in West Virginia with 25 locations in the state.
Dynamic Access Acquires Priority PICC Solutions in Chicago
Dallas-based Dynamic Access is backed by RiverGlade Capital, a private equity firm focused on control buyouts of growth-oriented, lower middle market healthcare companies.
DSO Oakpoint Adds D.C. Dental Office
Oakpoint hit its 40th practice milestone in February. It also supports practices in North Carolina and South Carolina.