Uncategorized

The Intersection of Mission and Margin

As healthcare has transformed from a nascent local patchwork of services to one of our country’s leading industries, hospitals hold steadfast to their missions that have roots going back a century or more.

The precursors of many public and non-profit hospitals were almshouses or sanitariums created by municipalities or religious orders.…

Santa Clara County acquired three facilities from Verity Health

St. Louise Regional Hospital, O’Connor Hospital and DePaul Health Center joined Santa Clara County’s public healthcare delivery system after Verity Health filed for Chapter 11 protection in 2018. …

March 6th, 2019| Transaction, Uncategorized|

Analysis: Hospitals Buoyed by Tenuous Investment Income

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.…

February 27th, 2019| Uncategorized|

In the News: Healthcare executives expect M&A to boost business in 2019

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.…

IRMC and Cleveland Clinic Finalize Partnership

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 Clinical Studies system.…