Capital

Bethesda, Md.-based Coventry Health Care announced that it has agreed to acquire Preferred Health Systems of Wichita (Kan.), according to a report in The Washington Post.

Cain Brothers, an investment banking and capital advisory firm to the healthcare industry, has released a white paper entitled, "Coping with the New Normal: Capitalizing Hidden Value in Non-Core Hospital Assets."

Members of the governing board of Miami-based Jackson Health System recently voted to request that the Miami-Dade County commission add a referendum to the Nov. 2010 ballot to establish a hospital tax district for the public health system, according to…

Plans for a replacement hospital for the University of Connecticut Health Center have been put on hold for at least another year, apparently due to state budgetary problems, according to a report by the Bristol Press.

Rockledge, Fla.-based Wuesthoff Health System is considering looking into a partnership with another regional hospital, according to a report in Florida Today.

LHP Hospital Group, formerly Legacy Hospital Partners, was formed in Jan. 2008 by the former management team at Triad Hospitals after Community Health Systems acquired Triad for $5.1 billion. The team had developed several joint ventures with nonprofit hospitals while…

Officials from several medical device companies are upset about a proposal by U.S. Senate Finance Committee Chairman Max Baucus, D-Mont., to levy as much as $40 billion in extra fees over the next 10 years to pay for health reform…

Wichita, Kan.-based Via Christi Health System will consider the sale of its health insurance subsidiary, Preferred Health Systems, according to a report by the Wichita Eagle.

Microline Pentax, a maker of reposable instruments, has changed its name to Microline Surgical, according to a release from Microline Surgical.

Legacy Hospital Partners, which finances and operates not-for-profit hospitals, has changed its name to LHP Hospital Group, according to a release from LHP Hospital Group.