Private equity ownership rises among health providers
There's been a national surge in the number of investment firms acquiring health care providers – with South Florida among the top regions fueling that trend......»»
Acquisition will pave way for more ZeptoMetrix growth in Buffalo, leader says
While the local ownership group supported ZeptoMetrix for more than two decades, a private equity-backed health sciences group will surround the business with a "wealth of infrastructure.".....»»
University of Maryland plans outpatient growth with new for-profit arm
University of Maryland Medical School officials hope a new for-profit entity will help the state institution compete with private health care providers......»»
Five Things to Know this week: In-N-Out in Washington and private equity in health care
Plus, getting to know the PBJ's 2024 Executives of the Year......»»
Private equity investment means funding firms of great promise that don"t trade on public stock exchanges
Private equity investment involves buying an ownership stake in companies that aren't publicly traded but offer potential for above-average returns. Private equity invest.....»»
America"s vaccine rollout is already leaving people of color behind. Healthcare providers need to make a serious effort to change this.
Health equity is a significant problem for America, rooted in centuries of racism. Our COVID-19 vacci.....»»
KKR"s first-quarter profit rises 11% on stronger asset sales
Private equity firm KKR & Co Inc reported an 11% jump in after-tax distributable earnings in the first quarter on Wednesday, driven by growth in asset sales and management fees ahead of the coronavirus-linked market turmoil......»»
Private-equity takeover of nursing homes has reduced quality of care at critical moment, research suggests
For-profit ownership and privat.....»»
Coronavirus pandemic puts private-equity ownership of nursing homes under microscope
For-profit ownership and privat.....»»
DXC to offload health business for $5B in cash
Tysons IT services giant DXC Technology Co. (NYSE: DXC) is selling its state and local health business to private equity firm Veritas Capital for $5 billion in cash. DXC said Tuesday it would use the proceeds from the sale to pay down debt. The c.....»»
Exclusive: Germany"s Stada buys 15 GSK consumer health brands
Private equity-backed generic drugmaker Stada said it has agreed to buy 15 consumer healthcare products from British drugmaker GlaxoSmithKline to further strengthen its prescription-free drugs business in Europe......»»
London Markets: NMC Health roller-coaster ride continues as KKR puts terse end to takeover speculation
The roller-coaster ride of NMC Health continued on Tuesday after a private equity group tersely dismissed takeover speculation......»»
KKR rules out offer for NMC, Italian-backed group confirms interest
Private equity firm KKR on Tuesday said it does not intend to make an offer for troubled NMC Health but Italian-backed GKSD Investment Holding confirmed it could bid......»»
Firm backed by Italy"s Gruppo San Donato could make offer for NMC
GKSD Investment Holding confirmed on Tuesday that it could make an offer to buy NMC Health , a day after the London-listed healthcare group revealed approaches from two private equity groups......»»
GKSD Investment confirms it is mulling offer for NMC Health
GKSD Investment Holding on Tuesday confirmed it was in the preliminary stages of considering an offer for NMC Health , a day after the healthcare group revealed two approaches from private equity groups......»»
Former Georgia-Pacific exec joins Piedmont Healthcare C-Suite
After a lengthy career in the private sector, Douwe Bergsma has joined the C-Suite for one of Atlanta's largest health-care providers. Piedmont Healthcare said Wednesday it hired Bergsma as its new chief marketing officer. He replaces Matt Grove, who le.....»»
Wizz Air"s top shareholder cuts stake to comply with ownership rules
Wizz Air's largest shareholder, U.S.-based private equity firm Indigo Partners, carried out a long-time plan to cut its stake in the company as the Budapest-based low-cost airline works to comply with European Union ownership rules......»»
South Jersey health care startup raises $3.5 million
A South Jersey life sciences company developing a blood test for the early detection of Alzheimer's and Parkinson's disease, when treatments are likely to be more effective, has raised $3.5 million in equity financing. The private stock sale was dis.....»»
Private equity bets on health care real estate
Private equity deals in the health care sector overall have more than doubled over the past decade......»»
Factbox: Ownership of leading European soccer clubs
The Abu Dhabi-controlled soccer group that owns Manchester City has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag......»»
UPDATE: Hologic to sell underperforming Cynosure business for proceeds of about $138 million
Hologic Inc. said Wednesday it has agreed to sell its Cynosure medical aesthetics business to funds managed by private-equity firm Clayton, Dubilier & Rice for $205 million in cash. The company, which focuses on health care for women, expects to recei.....»»