William W. Backus Hospital in Norwich, Conn., partnered with The Center for Hospice Care in Norwich to establish a palliative care program, according to a report by The Day.
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The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Hospital stocks were up for three of the five major for-profit companies last week.
The Obama administration has asked for a rehearing in a case that held tax subsidies to low- and middle-income Americans may not be provided in states that use health insurance exchanges run by the federal government, according to a Politico…
Franklin, Tenn.-based Community Health Systems has reported a profit of $42 million for the second quarter of 2014, up from $30 million a year earlier.
Using electronic reminders like text messages, emails and voicemails can help patients adhere to pre-surgery recommendations and thus reduce the risk of surgical site infections, according to a study in the Journal of the American College of Surgeons.
Moody's Investors Service has assigned an "A3" rating to Boise, Idaho-based St. Luke's Health System's planned $166 million series 2014A fixed rate revenue bonds and downgraded the health system's parity debt to "A3" from "A2."
Fitch Ratings has affirmed the "AA-" rating on revenue bonds issued on behalf of Santa Barbara, Calif.-based Cottage Health System and affirmed the health system's stable outlook.
Bloomfield, Conn.-based Cigna has reported $8.73 billion in consolidated revenues for the second quarter of 2014, compared with $7.98 billion in the same quarter a year ago — a 9 percent increase.
Moody's Investors Service has assigned a "Baa1" long-term rating to Miami Beach, Fla.-based Mount Sinai Medical Center's $165.62 million of series 2014 fixed rate revenue and refunding bonds to be issued through Miami Beach Health Facilities Authority.