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Financing & Investment: Tenet closes on the sales of five more hospitals

DALLAS – Tenet Healthcare Corp. (NYSE: THC) announced Jan. 3 that several of its subsidiaries have completed the previously announced sales of five acute-care hospitals:

Financing & Investment: Sunrise announces $508 million deal for 19 properties

McLEAN, Va. – Sunrise Senior Living Inc. (NYSE: SRZ) announced Jan. 19 that it has entered into purchase agreements with Fountains Continuum of Care Inc. as part of a $508 million deal involving 19 senior living communities and related assets.

Financing & Investment: Health systems plan to keep building

JP Morgan Conference Panelists Say Cost of Capital is a Critical Issue By Murray W. Wolf Not-for-profit health system executives might seem to be unlikely candidates for a panel discussion at a conference where fledgling biotech firms and other publicly traded companies vie for equity investors.

News & Analysis: Med is going mainstream

Conference Reflects Rising Investor Interest By Murray W. Wolf Biotechnology was the focus when healthcare companies, investors and industry VIPs first gathered in 1982 for what was then called the Hambrecht & Quist Life Sciences Conference. Today, the biotech, pharmaceuticals and medical technology sectors continue to dominate this annual event, now known as the JP […]

Financing & Investment: CNL closes on $148 million senior living acquisition

ORLANDO, Fla. – CNL Retirement Properties Inc. has closed on another major acquisition.

Product Focus: Senior sales still brisk

Plenty of Capital is Available for Acquisitions By Jessica Griffith Investors are snapping up senior living developments in reaction to strong market conditions, and the shopping cart isn’t likely to park itself any time soon.

News & Analysis: Specialty hospital ban nearing an end

But at Least One Advisory Group Plans to Recommend an Extension By Murray W. Wolf Although the federal moratorium on new physician-owned specialty hospitals is scheduled to expire June 8, proponents of the ban are already pushing for an extension, and lobbyists on both sides of the issue are gearing up to rejoin the battle in Congress next […]

News & Analysis: Rendina Cos. announces plans for two new MOBs

PALM BEACH GARDENS, Fla. – Rendina Cos. has announced plans to develop new medical office buildings (MOBs) in New Jersey and Oklahoma.

Cascade Manor is getting a $17.9 million renovation and expansion.
Rendering courtesy of Ankrom Moisan Associate Architects

Post-Acute & Senior Living: Some senior properties are aging, too

Here’s How One Eugene, Ore., Retirement Community is Being Revitalized By Jessica Griffith Like their residents, senior living properties are getting older, and that can create a significant challenge for their owners and investors. Although independent and assisted living properties are changing hands at a rapid rate, few new developments are in the pipeline and some of […]

Publisher’s Letter: The 2003 dip was a blip 2004

Healthcare Construction Hit a New High Dear Reader: Eyebrows were raised Jan. 11 when the Centers for Medicare & Medicaid Services (CMS) announced that the pace of U.S. healthcare spending growth decelerated in 2003 for the first time in seven years.

Market Focus: Nation’s capital seeing steady growth

Suburbs, D.C. See Plenty of Activity as Healthcare Demand Rises By John Mugford Our nation’s capital is a place where hardcore partisan politics, fiery debates and filibusters reign supreme. Yet, when it comes to the economic climate in the greater Washington area, one word stands out: steady.

Industry Pulse

BOCA RATON, Fla. – Florida Atlantic University (FAU) and Boca Raton Community Hospital have signed a letter of agreement that gives them a year to explore a land swap that could lead to the development of a 550-bed replacement hospital costing more than $500 million on the FAU campus near the southeast Florida coast. According […]

Guest Column: Challenge your assumptions of MOBs

Attitudes Are Changing Regarding Medical Office Building Ownership By James M. Moloney Stop a successful hospital executive on the street and ask him or her to name the most important strategies for success. Invariably, mastering physician/hospital relationships will be on the executive’s short list. Strategies that both increase physician loyalty to a specific hospital and address […]

Robert F. (Robb) Sharrow

Company Profile: Albert Kahn strives to keep innovating

Reputation was Built on Factories, But Healthcare is its Primary Focus By John Mugford As anyone in business knows, a company’s history typically makes for good stories and conversation – and realistically – not much else. What really matters, as always, is: “What have you done lately?”

For The Record

Companies and People The Adult Civil and Adolescent Behavioral Health Facility at the Arizona State Hospital has received a Design-Build Merit Award from the Design-Build Institute of America. The project was overseen by the Southwest division of McCarthy Building Cos. Inc.; Gould Evans Associates, Phoenix; and Cannon Design, Los Angeles…