Healthcare executives expect their businesses to exceed 2018’s benchmarks and will largely use mergers and acquisitions to reach those expectations, according to a new survey.
Nearly three-quarters of 291 senior executives from pharmaceutical, healthcare IT, medical technology, hospital and health system organizations said they expect better business performance in 2019, according to a new Capital One poll.…
Investment income resulting from a strong stock market has propped up many standalone hospitals’ balance sheets over the past two years, according to a recent evaluation by Juniper Advisory. In analyzing a sample of independent hospitals’ financials, Juniper Advisory found that investment income accounted for nearly half of the hospitals’ net margin.…
The Indian River Medical Center (IRMC) in Vero Beach, Florida, will join the world-renowned Cleveland Clinic in a business combination expected to close by the end of 2018.
Engage with leaders from the Cleveland Clinic and Indian River County Hospital District in discussing the transaction at The Governance Institute’s 2019 Leadership Conferences in Naples, Florida on January 21 and in Scottsdale, Arizona on April 16.…
The intensive 18-month effort to secure Indian River Medical Center’s future neared its conclusion on October 3, 2018 as the IRMC Board of Directors and the Indian River County Hospital District Trustees voted to approve a series of agreements that will result in IRMC joining the Cleveland Clinic health system.…
Of the umpteen elements hospital leaders evaluate when considering the viability of a potential partner, quality is generally at the top of the list.
A larger partner can bring the scale, resources and expertise many smaller hospitals and systems seek to improve care quality for their community.…
Temple University announced Monday it has retained the services of Juniper Advisory to pursue strategic options for Temple University Health System, which include the possible sale of Fox Chase Cancer Center, neighboring Jeanes Hospital or both.
The move comes about a month-and-a-half after Temple’s Board of Trustees announced it had authorized a series of steps aimed at strengthening the health system’s finances and “preserve its ability to serve its mission.” One of those steps was authorizing the engagement of a financial advisor.…
Heritage Valley Health System, a two-hospital integrated delivery network in Western Pennsylvania, and Ohio Valley Hospital have signed a letter of intent for Ohio Valley Hospital to join Heritage Valley Health System. By joining together, the organizations can further enhance their common mission of bringing cost-effective, high-quality care to their respective communities and best meet the health care needs of the region.…
Juniper VP Rex Burgdorfer presented at the 2018 Healthcare Law and Compliance Institute annual event at The Fairmont Hotel in Dallas, TX.
Rex presented “Managing M&A in an Increasingly Competitive and Transparent Marketplace.” Other speaking faculty included representatives from The Cleveland Clinic, Stanford Health Care, Intermountain Healthcare, Ropes & Gray, Skadden, Dell School of Medicine UT Austin, Katten Muchin, Hogan Lovells, Henry Ford Health System, Vanderbilt University Medical Center, Yale New Haven Health, and many others. …
Good Shepherd Health System (GSHS), which operates two acute care hospitals, trauma centers, a joint venture home health agency, as well as other ancillary medical services, saw its Moody’s ratings improve by four levels.
Moody’s raised the Longview, Texas–based system’s rating from Caa1, the highest Caa level, to Ba3, the lowest Ba level.…
Healthcare executives expect their businesses to exceed 2018’s benchmarks and will largely use mergers and acquisitions to reach those expectations, according to a new [...]
Investment income resulting from a strong stock market has propped up many standalone hospitals’ balance sheets over the past two years, according to a [...]
The Indian River Medical Center (IRMC) in Vero Beach, Florida, will join the world-renowned Cleveland Clinic in a business combination expected to close by the [...]