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Health
Thursday, June 24th, 2010
June 24 (Reuters) – Healthcare real-estate investment trust Ventas Inc (VTR.N) said it will acquire privately held Lillibridge Healthcare Services Inc to expand its medical office buildings and ambulatory facilities in a deal valued between $300-$400 million. The deal is expected to modestly add to Ventas’ 2010 normalized funds from operations per share after transaction-related [...]
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World
Friday, June 18th, 2010
American handset giant Motorola has today unveiled the ES400, which it describes as a global Enterprise Digital Assistant (EDA) that’s aimed squarely at mobile professionals ploughing their trades across multiple industries such as field service, field sales, retail, healthcare, utilities and manufacturing. Released through Motorola’s Enterprise Mobility Solutions division, the ES400 boasts integrated voice and [...]
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Finance
Monday, May 24th, 2010
Gentiva Health Services Inc. agreed to acquire Odyssey HealthCare Inc. for nearly $1 billion, a combination that will create the largest U.S. home-health and hospice provider. The deal comes in the wake of scrutiny in the home-health sector, not only because of billing practices and the potential effects of the federal health-care overhaul. Gentiva is [...]
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Business, Health
Friday, May 21st, 2010
MUMBAI, India — Abbott Laboratories has agreed to buy the domestic healthcare business of India’s Piramal Healthcare Ltd., a leading branded generics company, for $3.72 billion, the companies said Friday. The deal is part of Abbott’s drive to establish itself as a leading emerging market pharmaceutical player and reflects the growing global importance of generics [...]
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Insurance
Friday, April 16th, 2010
Health policy experts and medical societies are concerned about a shortage of primary care physicians, which will be even worse when the Affordable Care Act unleashes an estimated 32 million newly insured patients on the healthcare system. And if you’re wondering what effects that might have on hospitals, a new study of striking hospital nurses [...]