Browsing Category
News & Trends
2919 posts
Beset with Problems, Radiology Provider Akumin Forms Special Committee to Evaluate Strained Capital Structure
Radiology revenues plummeted $4.6 million in 2023’s second quarter due to delays in mobile equipment delivery, along with the ongoing closure of a key imaging center in Port Charlotte, Florida.
Primary Care-Focused Cano Health Lays off 700 Employees; Explores Sale as Cash Dwindles
The layoffs reportsent 17% of the struggling company's workforce.
Cone Health to Appeal NC Approval of Atrium Health Wake Forest Baptist Hospital
Atrium Health Wake Forest Baptist in Winston-Salem, N.C., was approved for its $246 million Greensboro, N.C., hospital by the North Carolina Department of Health and Human Services’ certificate-of-need division.
MBX Capital III Raising $50M
This is the healthcare-focused VC firm's third fund.
Exclusive: Why Hospital Revenues are on the Rise
While increased operating revenues can be partly attributed to patients finally seeking treatment for elective surgeries delayed during COVID, that is not the only reason. Experts offer additional explanations for why hospital revenues are on the rise.
Marshfield Clinic Extends Debt Service Waivers Ahead of Essentia Deal
The 11-hospital system, which is due to combine with Duluth, MN-based Essentia Health to form a 25-hospital system by the end of the year, made the filing under the title "reflecting financial difficulties."
Hospital Prices Twice as High for Commercial Plans Than MA When Negotiated by Same Payer, Study Finds
On average, prices for commercial plans were between $660 and $707 more expensive than with MA.
Largest For-Profit Hospitals Beat Q2 Expectations
HCA and Tenet, which both posted revenues that surpassed Wall Street estimates, raised their full revenue forecasts for the year in light of their second quarter performance, and UHS raised its lower-bound revenue guidance.
US VC Valuations Start to Stabilize in Q2
Although prices are no longer in a free-fall, the VC valuation glass may still be less than half full amid the near-frozen IPO market, reduced risk appetite from VCs, and a continued pullback from nontraditional investors.
Healthcare M&A Volume Lowest in 3 Years
Not since Q2’20, which was marked by pandemic shutdowns and a sudden recession, has M&A been so restrained.