Posts Tagged ‘health systems’

Champion Medical Technologies debuts new name, website | Business Wire

Champion Medical Technologies debuts new name, website | Business Wire

Photo by: Luca Bravo / Unsplash

LAKE ZURICH, Ill.–()–Champion Medical Technologies, a provider of systems that help hospitals

better manage implantable devices and tissue, has renamed itself to more accurately reflect its corporate

mission. The company also debuted a new website, logo and motto,

“Freedom to do more good.”

“We have long thought that Champion Medical sounds more like a product

company; it has a clinical tone that doesn’t really represent what we’re

about,” said Peter I. Casady, the company’s co-founder and CEO. “We

think of Champion as solving a broader challenge, one that spans

healthcare, in reducing costs and increasing patient safety.”

Champion is an innovator in the market space created by the advent of unique

device identifiers (UDIs), mandated for device makers by the Food

and Drug Administration. Implantable devices now arrive at hospitals in

packaging with barcodes that include UDIs, but hospitals need systems to

help make use of this information. Champion’s thorough understanding of

UDIs informed its creation of UDITracker®

and GraftTracker®, solutions that help hospitals and health

systems take advantage of barcoding to accurately track and trace

medical device implants through the entire chain of hospital custody.

“As a technology provider we empower hospitals to make healthcare safer

and more affordable, which to us translates into ‘freedom to do more

good,’ ” Casady said. “Automating many of the tedious tasks of inventory

control – such as tracking supplier compliance status and

certifications, identifying and flagging recalls, and managing tissue

implant records – frees hospital staff to spend more time giving their

patients the very best care possible. I can’t think of a better

representation of our corporate mission than that.”

The new

website more clearly focuses on UDITracker and on the issue of UDIs

in healthcare. “We want our website to be a valuable resource on this

important safety and quality issue, one that helps us advocate for

better use of UDIs by hospitals and health systems,” Casady said.

About Champion

Champion Healthcare Technologies is a privately held healthcare

information technology company and leader in providing medical device

management systems for hospitals. Its goal is to empower healthcare

providers with the insights they need to improve patient safety and

drive down operating costs. For more information, visit,

call (866) 803-3720 or email

Be the first to comment - What do you think?  Posted by admin - December 20, 2017 at 5:37 am

Categories: Health   Tags: , , , , , , , , ,

Iowa Health System, Methodist Health Services Corporation Complete Affiliation | Business Wire

DES MOINES, Iowa–(BUSINESS WIRE)–Iowa Health System and Methodist Health Services

Corporation, Peoria, Illinois, today finalized an agreement making

Methodist the eighth senior affiliate of the system. This strategic

affiliation will result in more resources to serve patients in Central

Illinois and economic efficiencies that will help contain the cost of

health care. With the addition of Methodist’s 329 tertiary beds, Iowa

Health System becomes the fifth largest nondenominational health system

in the United States.

“This is a historic moment for Iowa Health System and Methodist,”

said Bill Leaver, President and CEO of IHS. “It brings together two

leaders in health care innovation with a shared commitment to deliver

the best outcome for every patient, every time.”

Debbie Simon, Interim President and CEO of Methodist Health

Services Corporation said, “This was the right decision at the right

time. We chose IHS because its model promotes local control so we can

continue to make decisions that are best for our patients, community,

physicians and employees. At the same time, being a part of IHS gives us

the tools and resources we need to better serve our community in an

increasingly complex health care environment. We are very excited about

the future and look forward to our role in IHS’s vision for Illinois.”

IHS operates a successful, decentralized governance model

emphasizing physician-driven, patient-centric care. The model allows

affiliates to maintain local autonomy in all significant areas where

local control provides the highest quality, most cost-effective service

to patients and their families. Methodist will retain its Board of

Directors. Its local leadership team will maintain its responsibility

for operations. Employee status will not change.

The IHS affiliation agreement provides Methodist with the


  • Commitment to invest $175 million into strategic capital

    initiatives identified and initiated by Methodist. This means

    Methodist will be able to expand its spectrum of services with new

    technology and improved coordination of care

  • Greater capacity to share best practices across a multi-state

    system that includes hospitals, physicians and a range of other


  • Increased cost savings opportunities by sharing support services

    among a large group of facilities

  • System-wide resources to invest in the full continuum of care to

    better serve the people of the region

  • Access to strategic investment capital due to IHS’s strong AA

    credit rating

About Iowa Health System:

IHS has relationships with 26 hospitals in metropolitan and rural

communities and more than 140 physician clinics. With

annual revenues of $2.3 billion, IHS entities provide patient care in

Western Illinois and much of Iowa, employ nearly 20,000 employees and

see more than 2.5 million patient visits per year. Including

Methodist, IHS has eight senior affiliates: Allen Health Systems, Inc.

(Waterloo, Iowa); Finley Tri-States Health Group, Inc. (Dubuque, Iowa);

Iowa Health – Des Moines (Des Moines, Iowa); St. Luke’s Health System,

Inc. (Sioux City, Iowa); St. Luke’s Healthcare (Cedar Rapids, Iowa);

Trinity Health Systems, Inc. (Fort Dodge, Iowa) and Trinity Regional

Health System (Rock Island, Illinois).

Over the years, IHS hospitals have received national recognition

for quality, service and patient satisfaction, including the Magnet

Award for Nursing Excellence, Top 100 Heart Hospital designation,

HealthGrades Patient Safety Award, Gold Iowa Recognition for Performance

Excellence and more. Currently, 63 communities are served

by more than 140 IHS physician clinics. IHS also includes three

accredited colleges of nursing and/or allied health fields and more than

600 employed physicians.

About Methodist Health Services Corporation:

Peoria, Illinois-based Methodist Health Services Corporation is a

single hospital integrated health care delivery system, with 37 sites

serving 19 counties in Central Illinois, and annual revenues of $400

million. It includes Methodist Medical Center of Illinois

(Methodist), a 329-bed tertiary hospital with a staff of almost 600

board-certified physicians; Methodist Medical Group, a network of more

than 150 primary care and specialty physicians, and Methodist College of

Nursing. Established in 1900, Methodist is nationally recognized for

delivering outstanding health care. In 2009, Methodist was named one of

America’s Best Hospitals by U.S. News & World Report, including

being in the Top 10 for nursing care and pain management. Methodist is

also the first hospital in downstate Illinois to be awarded Magnet

designation for Excellence in Nursing Services, the nation’s highest

honor in patient care, and has twice been named one of the 100 Top

Cardiovascular Hospitals in the U.S. In 2010, Methodist was ranked among

the Top 100 hospitals for major orthopedic surgery. In 2006, Methodist

received the Lincoln Gold Award for Achievement of Excellence, the State

of Illinois’ highest quality award. A leader in health care information

technology, Methodist is among the fewer than 10 percent of hospitals

nationwide to fully implement Computerized Physician Order Entry and

electronic medical records. Methodist was recently named one of

America’s Most Wired Hospitals for 2011.

Photos/Multimedia Gallery Available:

Be the first to comment - What do you think?  Posted by admin - October 20, 2017 at 8:44 pm

Categories: Health   Tags: , , , , , , , , , ,

Iowa Health System Looks to Grow with Strategic Affiliation | Business Wire

DES MOINES, Iowa–()–Des Moines-based Iowa Health System and Methodist Health Services Corp.

of Peoria, Ill., have entered into a non-binding letter of intent to

explore a strategic partnership between the two nationally recognized

health systems.


<p style="text-align: center">

Be the first to comment - What do you think?  Posted by admin - at 8:44 pm

Categories: Health   Tags: , , , , , , , , , , , ,

NantHealth Acquires Harris Healthcare Solutions | Business Wire

NantHealth Acquires Harris Healthcare Solutions | Business Wire

Photo by: Scott Webb / Unsplash

CULVER CITY, Calif.–(BUSINESS WIRE)–NantHealth, a subsidiary of NantWorks, LLC, today announced it has

completed the acquisition of Harris Corporation’s (NYSE:HRS) commercial

Healthcare Solutions business, a clinical systems integration innovator.

Harris retained its government healthcare services business.

NantHealth’s existing cOS, eviti and omics platforms, combined with

Harris’ FusionFX® suite of products, delivers on the promise of whole

health systems integration and revolutionizes the

patient-clinician experience by bringing molecular medicine insights

directly to the point-of-care. The acquisition follows closely on the

heels of NantHealth’s strategic alliance with Allscripts and their

dbMotion semantics engine. Financial terms of the transaction were not


“The acquisition of Harris Healthcare Solutions, our largest transaction

to date, brings unique and proven technology with a large global

footprint that significantly furthers our stated goal to improve patient

outcomes by efficiently providing physicians with integrated, clinically

relevant patient-centric information in real-time,” said Dr. Patrick

Soon-Shiong, Executive Chairman and Founder of NantHealth. “At the same

time, we have added an extensive client base of leading clinical and

health IT innovators across North America and Europe, as well as a

talented and experienced leadership team. The transaction represents a

strategic step toward realizing our vision of providing personalized,

precision medicine across the continuum of care.”

The FusionFX® platform builds and markets disruptive technology that

provides next-generation health information exchange, interoperability,

and insights to healthcare organizations around the world. The solutions

enable healthcare organizations to integrate disparate data sources and

leverage existing IT investments to create cross-organizational,

cross-system, cross-continuum of care processes and workflows. Its

scalable platform eliminates redundancies and administrative legwork and

improves quality of care by streamlining access to the right information

at the right time.

“Harris Healthcare Solutions has proven solutions over a large customer

base with a global presence. The business has already demonstrated how

to successfully tackle the industry’s number one IT challenge: the

seamless integration of disparate systems to present an accurate and

complete view of patient data. Together, the combined entity can

accelerate our shared vision of revolutionizing the patient-clinician

experience by bringing new medical insights to the point of care,” said

Bob Watson, President of NantHealth.

HCS is a trusted partner to more than 75 clients and 100,000 clinicians

worldwide. Strategic partners testify to HCS’s trusted presence in the

marketplace, the technology’s value and the ability to link

sophisticated and diverse IT environments. HCS collaborates with many of

the industry’s most innovative health systems including Advocate Health

Care, Kaiser Permanente, Allina Health, Presence Health, Cleveland

Clinic, University Health Network, National Health System (NHS), with

key international channel partnerships with British Telecom (UK) and

TELUS (Canada). Harris’ application suite is driving some of the world’s

largest clinically integrated networks such as to the coordination of

care across the province of Ontario, Canada. Included in this suite is

FusionOS™, a Service Oriented Architecture (SoA) interoperability

platform originally developed to rapidly integrate clinical applications

across the U.S. Department of Veterans Affairs and the U.S. Department

of Defense.

“We are excited to join forces with NantHealth,” said Vishal Agrawal,

MD, former President, Harris Healthcare Solutions and now, Senior Vice

President at NantHealth. “Together, we become a healthcare informatics

powerhouse with the resources and scale to deliver even greater value to

our clients. Moreover, our combined technology solutions connect

molecular medicine, to clinical care and to the patient’s home.”

Advanced Technology Platform

HCS brings to NantHealth the industry’s most advanced community wide,

vendor-neutral clinical collaboration suite. The platform includes:

A. FusionFX® – Delivering patient-centric healthcare

  • Health information exchange: Produces a 360-degree view of the

    patient’s entire health information at the point of care in near real

    time irrespective of the source system where the data is


  • Provider portal: Supports clinical and administrative workflows

    for care teams across a community and across EHR systems. Accelerates

    productivity through user customized views of health information

  • Patient portal: Incorporates the patient (or their proxy) as a

    full member of the care team through common workflow capabilities.

    Addresses Meaningful Use requirements across any EHR system deployed

    in the community

  • Referral Management: Coordinates care transitions in a

    community of disparate EHRs to improve follow-up compliance and reduce

    out-of-network utilization

  • Secure messaging: Promotes collaboration across the care team

    via the Direct protocol with “one-click,” full context access to

    relevant patient health information

  • Context management: Enables easy movement between EHR and

    FusionFX functions

B. FusionOS™ – Driving interoperability and innovation

  • Unique know-how built from advanced industry expertise

  • Tailored to healthcare through federal funding of DoD-VA


  • Convening industry consortium to deploy cloud-based operating system

C. FusionIQ™ – Enhancing performance and productivity

  • Technology originated at Cleveland Clinic

  • Exclusive risk-adjusted benchmarks from more than 100 leading clinical


  • Deployed across more than 25 health systems

NantHealth’s acquisition adds 170 new associates at locations including

Washington, DC, Cleveland, OH, Melbourne, FL, Phoenix, AZ and London, UK.

About NantHealth

NantHealth, a member of the NantWorks ecosystem of companies, is a

transformational healthcare IT company converging science and technology

through a single integrated clinical platform, to provide actionable

health information at the point of care, in the time of need, anywhere,

anytime. NantHealth works to transform clinical delivery with actionable

clinical intelligence at the moment of decision, enabling clinical

discovery through real-time machine learning systems. The company’s

technology empowers physicians, patients, payers and researchers to

transcend genomics into the world of proteomics and the traditional

barriers of today’s healthcare system. By converging molecular science,

computer science and big data technology the NantHealth Clinical

Operating System (cOS) platform empowers physicians, patients, and

payers to coordinate best care, monitor outcomes and control cost in

real time. This is the first operating system of its kind in healthcare

that is based on supply chain principles and grid service oriented

architecture and integrates the knowledge base with the delivery system

and the payment system, enabling 21st century coordinated care at a

lower cost. For more information please visit

and follow Dr. Soon-Shiong on Twitter @solvehealthcare.

Be the first to comment - What do you think?  Posted by admin - September 27, 2017 at 9:50 am

Categories: Health   Tags: , , , , , , , ,

Take Care Health Systems Expands Treatment for Skin Conditions and Minor Injuries | Business Wire

Take Care Health Systems Expands Treatment for Skin Conditions and Minor Injuries | Business Wire

CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Take Care Health Systems, a wholly-owned subsidiary of Walgreens

(NYSE:WAG) (NASDAQ:WAG) and the largest and most comprehensive provider

of convenient care clinics and worksite health and wellness centers in

the country, is now offering a new set of procedures for skin conditions

and minor injury treatments.

As part of this expansion of services, Take Care Clinics now offer the

following procedures:

  • Wart removal with Cryotherapy

  • Skin tag removal

  • Closure of minor cuts with Dermabond®

  • Treatment of skin irritations (Contact Dermatitis)

  • Expanded scope of skin evaluation and treatment for skin infections,

    injuries and rashes

Take Care Clinics provide access to high-quality, convenient and

affordable health care to meet the needs of patients and their families.

The addition of these new services is a result of feedback from

patients, Take Care Health Providers and recent research which

identified a desire for the treatment of these types of skin conditions

in the convenient care setting. According to the Department of Health

and Human Services, over 48 million skin examinations are conducted each

year, which result in 3.2 million viral wart procedures and 3.3 million

skin tag removals.

“Patients are very satisfied with the service and offerings at Take Care

Clinics, and we’ve found that they are looking for additional

high-quality, convenient and affordable treatment options in our care

setting,” said Peter Miller, Take Care Health Systems’ president and

CEO. “We will continue to evaluate and implement new services which meet

the needs of patients and can be offered with clinical excellence at

Take Care Clinics.”

Take Care Clinics are professional walk-in health care centers open

seven days a week, with extended evening and weekend hours. Clinics are

staffed by board certified nurse practitioners and physician assistants

who treat patients 18 months and older for common illnesses such as

strep throat, ear and sinus infections, pink eye and poison ivy, and are

able to write prescriptions when necessary. The clinics also offer

preventative services, such as camp, sport and back-to-school physicals;

men’s and women’s health evaluations and vaccinations including GARDASIL

(HPV), Menactra (Meningitis), the Shingles vaccine and others.

Take Care Health Systems encourages all patients to have a health care

home, a primary care provider they see for ongoing medical needs and

routine exams. If a patient’s condition falls outside the scope of

service at a Take Care Clinic, the patient is referred to an appropriate

site for care, such as a primary care provider or specialist.

“Take Care Health Systems employs exceptional health care professionals

who are educated and prepared to offer high-quality treatment for an

array of skin conditions,” said Sandra Ryan, RN, MSN, CPNP, FAANP and

chief nurse practitioner for Take Care Health Systems. “If a patient at

a Take Care Clinics is seeking treatment for a condition that falls

outside of our scope of service, our clinicians expertly advocate for

patients, making sure they get the right care, in the right place, at

the right time.

Take Care Health Systems currently manages 345 Take Care Clinics at

Walgreens drugstores in 35 markets across 19 states, including locations

in: Atlanta, Boulder-Longmont, Colo., Chicago, Cincinnati, Cleveland,

Columbus, Ohio, Denver, Fort Lauderdale, Green Bay, Wis., Houston,

Indianapolis, Jacksonville, Kansas City, Knoxville, Las Vegas,

Louisville, Madison, Wis., Memphis, Miami, Milwaukee, Nashville, Tenn.,

New Orleans, Orlando, Fla., Oshkosh, Wis., Peoria, Ill.,

Philadelphia-area, Phoenix, Pittsburgh, Rockford, Ill., St. Louis,

Tampa, Fla., Topeka, Kan., Tucson, Ariz., West Palm Beach, Fla. and

Wichita, Kan.

About Take Care Health Systems

Take Care Health Systems (,

a wholly owned subsidiary of Walgreens and part of Walgreens Health and

Wellness division, is the largest and most comprehensive manager of

worksite health and wellness centers and convenient care clinics in the

country. TCHS is comprised of Take Care Consumer Solutions (

and Take Care Health Employer Solutions (

Take Care Consumer Solutions manages Take Care Clinics at select

Walgreens drugstores throughout the country. Patient care at each of the

Take Care Clinics is provided by Take Care Health Services, an

independently owned state professional corporation established in each

market. Take Care Health Employer Solutions manages primary care, health

and wellness, occupational health, pharmacy and fitness centers at large

employer campuses. Combined, Take Care Health Systems manages more than

700 worksite and retail health care centers.

About Walgreens

Walgreens (

is the nation’s largest drugstore chain with fiscal 2008 sales of $59

billion. The company operates 6,857 drugstores in 49 states, the

District of Columbia and Puerto Rico. Walgreens provides the most

convenient access to consumer goods and services and cost-effective

pharmacy, health and wellness services in America through its retail

drugstores, Walgreens Health Services division and Walgreens Health and

Wellness division. Walgreens Health Services assists pharmacy patients

and prescription drug and medical plans through Walgreens Health

Initiatives Inc. (a pharmacy benefit manager), Walgreens Mail Service

Inc., Walgreens Home Care Inc., Walgreens Specialty Pharmacy LLC and

SeniorMed LLC (a pharmacy provider to long-term care facilities).

Walgreens Health and Wellness division includes Take Care Health Systems.

Be the first to comment - What do you think?  Posted by admin - August 30, 2017 at 5:05 pm

Categories: Health   Tags: , , , , , , , , , , ,

Envision Healthcare to Sell American Medical Response | Business Wire

Envision Healthcare to Sell American Medical Response | Business Wire

NASHVILLE, Tenn. & LEWISVILLE, Texas–(BUSINESS WIRE)–Envision Healthcare Corporation (Envision) (NYSE: EVHC) and an entity

controlled by funds affiliated with KKR have entered into a definitive

agreement under which KKR’s portfolio company, Air Medical Group

Holdings (AMGH), and Envision’s medical transportation subsidiary,

American Medical Response (AMR), will combine to create a new industry

leading medical transportation company. The transaction will be

structured as a cash acquisition of AMR from Envision valued at $2.4


The combination of AMGH and AMR will create an integrated medical

transportation company with the capability to serve patients across

multiple transport modalities in the patient’s time of need. The

combined company is expected to transport more than five million

patients per year through a fleet of air and ground ambulances across 46

states and the District of Columbia.

“We are pleased to have identified a strong partner for American Medical

Response,” said Christopher A. Holden, Envision’s President and Chief

Executive Officer. “The Envision leadership team conducted a robust

process to review strategic alternatives for AMR. The agreement delivers

on our commitment to continue the proud tradition of AMR and enables

Envision to focus on its physician-centric strategy and ongoing

services, including facility-based provider services, post-acute care

and ambulatory surgery.”

“AMGH and AMR are preeminent providers of medical transportation

responsible for delivering care to millions of patients every year. We

are pleased to be able to bring together these two great companies and

look forward to supporting the growth of the combined business,” said

Jim Momtazee, Chairman of AMGH and Head of KKR’s Health Care industry


Randel G. Owen, Envision’s President of Ambulatory Services, will assume

the role of President and Chief Executive Officer of the new combined

company. “We are excited to bring together 27,000 AMR team members with

6,600 AMGH team members to deliver customized solutions in the

communities we support,” Owen said. “We believe this partnership will

create an exceptional medical transportation company that will allow us

to provide seamless, reliable and quality patient care to communities

and health systems. The breadth of this combined organization will

enhance our ability to improve patient care in the ever changing

healthcare landscape.”

Upon completion of the transaction, the combined company will adopt a

new name that reflects the unique capabilities of the two organizations.

Following the closing of the transaction, AMR and AMGH will continue to

support operations from two key leadership locations in Greenwood

Village, CO, and Lewisville, TX. The new company’s two divisions will

continue to be led by strong leaders with extensive experience running

medical transportation organizations.

Fred Buttrell will continue as President and Chief Executive Officer of

the Air Medical division. “AMGH and AMR have worked together in many

markets as well as disaster response and will have more integrated

service offerings in the future for patients, health systems and

regions. Together we will preserve the best attributes of each for the

benefit of all stakeholders focusing on local market solutions.

Employees will benefit from more opportunities as we expand our

footprint into underserved communities,” he said.

Edward Van Horne will continue as President and Chief Executive Officer

of the AMR division. “Our partnership with AMGH will enable us to

further expand our one-source solutions for health systems and

communities,” said Van Horne. “We can also continue to grow our

innovative services in managed transportation, specialty fire services,

Mobile Integrated Healthcare, event medical, federal disaster response

and ambulance services across the U.S.”

Also, Michael Preissler, Chief Financial Officer at AMGH, and Thomas

Cook, General Counsel at AMGH, will serve in the same roles for the

combined company.

The pending acquisition is subject to regulatory approval and customary

closing conditions, including clearance under the Hart-Scott-Rodino

Antitrust Improvements Act, and is expected to close in the fourth

quarter of 2017.

Preferred equity financing for the transaction is being provided by KKR

primarily through its North America XI Fund and by Koch Equity

Development LLC (KED), the investment and acquisition subsidiary of Koch

Industries, Inc.

Guggenheim Securities is acting as exclusive financial advisor and Bass,

Berry & Sims is acting as legal advisor to Envision. Barclays is acting

as financial advisor and Simpson Thacher & Barlett LLP is acting as

legal advisor to AMGH. Citi and Goldman Sachs are acting as financial

advisors and Fried, Frank, Harris, Shriver, & Jacobson LLP is acting as

legal advisor to KED.

About Envision Healthcare Corporation

Envision Healthcare Corporation is a leading provider of physician-led

services and post-acute care, and ambulatory surgery services. At June

30, 2017, we delivered physician services, primarily in the areas of

emergency department and hospitalist services, anesthesiology services,

radiology/tele-radiology services, and children’s services to more than

1,800 clinical departments in healthcare facilities in 47 states and the

District of Columbia. Post-acute care is delivered through an array of

clinical professionals and integrated technologies which, when combined,

contribute to efficient and effective population health management

strategies. As a market leader in ambulatory surgical care, the Company

owns and operates 263 surgery centers and one surgical hospital in 35

states and the District of Columbia, with medical specialties ranging

from gastroenterology to ophthalmology and orthopaedics. In total, the

Company offers a differentiated suite of clinical solutions on a

national scale, creating value for health systems, payors, providers and

patients. For additional information, visit

About Air Medical Group Holdings

Air Medical Group Holdings Inc. (AMGH), headquartered in Dallas, Texas,

is a leading provider of air and ground ambulance programs in the U.S.

and internationally. AMGH annually transports approximately 100,000

emergent air medical patients and 160,000 ground patient transports

through its subsidiaries, which include Med-Trans Corp, Air Evac Life

Team, Reach Air Medical Services, AirMed International, Air Medical

Resource Group and Lifeguard Ambulance. AMGH’s operations are recognized

for safe and effective medical transport in the U.S. by the Commission

on Accreditation of Medical Transport Systems (CAMTSand

in many other countries by the European Aeromedical Institute (EURAMI).

The company offers an array of customized air and ground medical program

designs. Its large fleet of helicopters, fixed-wing aircraft and

ambulances rapidly deliver teams of highly trained medical professionals

to patients, providing them with the best possible outcomes. AMGH is a

holding of KKR, a leading global investment firm. For more information

about AMGH, visit

About American Medical Response

American Medical Response, Inc. (AMR), America’s leading provider of

medical transportation, provides services in 40 states and the District

of Columbia. More than 27,000 AMR paramedics, EMTs, RNs and other

professionals work together to transport more than 4.4 million patients

nationwide each year in critical, emergency and non-emergency

situations. AMR, a subsidiary of Envision Healthcare Corporation (NYSE:

EVHC), is headquartered in Greenwood Village, Colorado. For more

information about AMR, visit and

follow @AMR_Social on


About KKR

KKR is a leading global investment firm that manages multiple

alternative asset classes, including private equity, energy,

infrastructure, real estate, credit and, through its strategic partners,

hedge funds. KKR aims to generate attractive investment returns by

following a patient and disciplined investment approach, employing

world-class people, and driving growth and value creation with KKR

portfolio companies. KKR invests its own capital alongside its partners’

capital and provides financing solutions and investment opportunities

through its capital markets business. References to KKR’s investments

may include the activities of its sponsored funds. For additional

information about KKR & Co. L.P. (NYSE:KKR), please visit KKR’s website

at and

on Twitter @KKR_Co.

Forward-Looking Statements

Certain statements and information in this communication may be deemed

to be “forward-looking statements” within the meaning of the Federal

Private Securities Litigation Reform Act of 1995. Forward-looking

statements may include, but are not limited to, statements relating to

the timing of and expected cash proceeds to Envision from the sale of

AMR. Actual events may differ materially from current expectations and

are subject to a number of risks and uncertainties, including the

satisfaction of the conditions of the transaction and other risks

related to completion of the transaction and actions related thereto;

the parties’ ability to complete the transaction on the anticipated

terms and schedule, including the ability to obtain regulatory

approvals, the amount of the net cash proceeds to Envision.

Forward-looking statements speak only as of the date of their initial

issuance, and Envision does not undertake any obligation to update or

revise publicly any forward-looking statement, whether as a result of

new information, future events or otherwise.

Be the first to comment - What do you think?  Posted by admin - August 12, 2017 at 9:51 pm

Categories: Health   Tags: , , , , , ,

HCA Announces Agreements to Acquire Two Texas Hospitals from Community Health Systems | Business Wire

HCA Announces Agreements to Acquire Two Texas Hospitals from Community Health Systems | Business Wire

Photo by: Nick Hillier / Unsplash

NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA (NYSE: HCA), which operates 171 hospitals, 119 freestanding surgery

centers, and numerous other outpatient centers in 20 states and the

United Kingdom, today announced agreements to acquire two Texas

hospitals from subsidiaries of Community Health Systems.

The two hospitals are Tomball Regional Medical Center, a 350-bed

hospital in the Houston area, and South Texas Regional Medical Center, a

67-bed hospital in Jourdanton, Texas, south of San Antonio. HCA has a

strong presence in both areas. South Texas Regional Medical Center will

be acquired through HCA’s partnership with Methodist Healthcare


“Tomball Regional and South Texas Regional will fit in nicely with our

provider systems in both Houston and San Antonio,” said Sam Hazen,

president and chief operating officer of HCA. “The addition of these two

hospitals will enhance our ability to meet the medical needs in both

areas and improve patient access to our provider networks.”

In San Antonio, HCA co-owns Methodist Healthcare System of San Antonio,

Ltd., L.L.P., in a partnership with Methodist Healthcare Ministries. It

includes eight hospitals and two freestanding ERs. In Houston, HCA has a

comprehensive network of 10 hospitals, eight surgery centers, and two

freestanding ERs.

The transaction, which is subject to regulatory approval, is expected to

close in the summer of 2017.

About HCA

Nashville-based HCA is one of the nation’s leading providers of

healthcare services, operating 171 locally managed hospitals and 119

freestanding surgery centers in 20 states and the United Kingdom. With

its founding in 1968, HCA created a new model for hospital care in the

United States, using combined resources to strengthen hospitals, deliver

patient-focused care and improve the practice of medicine. HCA has

conducted a number of clinical studies, including one that demonstrated

that full-term delivery is healthier than early elective delivery of

babies and another that identified a clinical protocol that can reduce

bloodstream infections in ICU patients by 44 percent. HCA is a learning

healthcare system that uses its more than 27 million annual patient

encounters to advance science, improve patient care and save lives.

Forward-Looking Statements

This press release contains forward-looking statements within the

meaning of the federal securities laws, which involve risks and

uncertainties. Forward-looking statements include statements that do not

relate solely to historical or current facts. Forward-looking statements

can be identified by the use of words like “may,” “believe,” “will,”

“expect,” “project,” “estimate,” “anticipate,” “plan,” “initiative” or

“continue.” These forward-looking statements are based on our current

plans and expectations and are subject to a number of known and unknown

uncertainties and risks, many of which are beyond our control, which

could significantly affect current plans and expectations and our future

financial position and results of operations. These factors include, but

are not limited to, the ability to consummate and realize the benefits

of the proposed acquisition as well as the risk factors described in our

annual report on Form 10-K for the year ended December 31, 2016 and our

other filings with the Securities and Exchange Commission. Many of the

factors that will determine our future results are beyond our ability to

control or predict. In light of the significant uncertainties inherent

in the forward-looking statements contained herein, readers should not

place undue reliance on forward-looking statements, which reflect

management’s views only as of the date hereof. We undertake no

obligation to revise or update any forward-looking statements, or to

make any other forward-looking statements, whether as a result of new

information, future events or otherwise.

All references to “Company” and “HCA” as used throughout this

document refer to HCA Holdings, Inc. and its affiliates.

Be the first to comment - What do you think?  Posted by admin - May 31, 2017 at 4:01 pm

Categories: Health   Tags: , , , , , , , , , , ,