The healthcare industry saw a 0.2 percent increase in prices from April to May, according to the latest statistics from the Bureau of Labor Statistics' Producer Price Index.
Capital
A subcommittee of the Senate Appropriations Committee approved funding on Wednesday that increases discretionary spending for HHS programs by $1.5 billion in fiscal year 2013, supporting funding for the Patient Protection and Affordable Care Act.
Brentwood, Tenn.-based Prime Health Service, a nationwide preferred provider organization, has acquired Denver-based Casualty Management Network, another PPO network.
LHC Group, a national provider of post-acute care services, announced the completion of its review of strategic alternatives for the company.
Sacramento, Calif.-based Sutter Health has announced it will invest $20 million over three years to expand its research and development functions and better align its current research programs.
Next month, Lawrence & Memorial Hospital in New London, Conn., will break ground on a new $34.5 million cancer center as part of its recent partnership with the Dana-Farber Cancer Institute in Boston, according to a Hartford Business Journal report.
Ochsner Medical Center-Baton Rouge (La.) is planning a $15 million cancer treatment center, according to an Advocate report.
Memphis, Tenn.-based Baptist Memorial Health Care is seeking permission to expand its initial proposed cancer center with a $29.1 million investment, which would bring the total cost to more than $94 million, according to a Commercial Appeal report.
Good Shepherd Medical Center in Longview, Texas, announced (pdf) plans to build a new outpatient facility.
Cabell Huntington (W. Va.) Hospital's new children's hospital will be named after coal executive Jeffrey Hoops who donated $3 million to the facility.