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PE Turns to Cardiology After Years of Courting ASCs
It is estimated that the U.S. cardiovascular market size sits around $50 billion, according to a report from JD Supra.
June 27, 2023
Walgreens Stock Plummets After Lowered 2023 Outlook
Strong performance by the company's VillageMD medical group propped up revenues.
June 27, 2023
UCLA Health Seeks Millions in Reimbursement from Insurer over Cyber Breach
The regents filed the lawsuit in Los Angeles Superior Court against Certain Underwriters at Lloyd's, London, alleging breach of contract and seeking unspecified compensatory damages.
June 27, 2023
Palomar Health is in a Bad Financial Position
The North County public healthcare provider – which operates Palomar Medical Centers in Escondido and Poway, California – has $585 million in debt.
June 27, 2023
Hospital Finances Show Signs of Stabilization
The median year-to-date operating margin index for hospitals hit 0.3 percent in May, up from 0.1 percent in April and March, according to Kaufman Hall.
June 27, 2023
Amazon Delays Virtual Care Service’s Unveiling After Senators Raise Privacy Concerns
An Amazon spokesperson denied that there was any “delay as a result of an external inquiry.”
June 27, 2023
Key Findings from PE’s Healthcare Play: Management Service Agreements
VMG Health experts have outlined their findings from valuing over 120 MSAs and offer insight into how to generate more value from these agreements.
June 27, 2023
California Strikes Deal Unlocking Billions for Health Care
Major players in California’s health care field have reached a deal on how they want the state to spend $19 billion in proceeds of a renewed tax on insurance plans plus the federal funds that go with it.
June 27, 2023
Private Equity, Payers Acquire far More Physicians Than Hospitals: AHA
Since 2019, private equity firms have been responsible for 56 percent of physician practice acquisitions, followed by physician groups (14 percent) and insurers (11 percent).
June 27, 2023
Medicare Seeks $130M Payment Hike for Dialysis Centers
Medicare payments to hospital-based dialysis centers would increase 2.6% in 2024, while freestanding centers would see a 1.6% payment bump under a proposed rule.
June 27, 2023