Financing & Investment: Health Management buys three hospitals for $279 million
NAPLES, Fla. – Health Management Associates Inc. (NYSE: HMA) of Naples in recent weeks announced that it has purchased three hospitals for $279.1 million from Marriottsville, Md.-based Bon Secours Health System.
Medical Properties Trust to buy, develop MOBs and hospitals
BIRMINGHAM, Ala. – Medical Properties Trust Inc. (NYSE: MPW proposed) of Birmingham has entered into agreements to acquire an acute-care hospital and medical office building (MOB) in southern California, and to develop a hospital and MOB in Pennsylvania. The total investment is expected to be about $83 million.
Financing & Investment: HR reveals MOB development plans
Health REIT is Leveraging Relationships with Baylor, Others By John Mugford It looks as if the relationship between Baylor Health Care System and Healthcare Realty Trust Inc. (NYSE: HR) is moving along rather nicely. So nicely, in fact, that the two parties, which have already collaborated on the development of two medical office buildings (MOBs), are in discussions that […]
Provider Profile: VA continues med real estate revamp
2006 Budget Calls for Another $750 Million in Capital Improvements By Beth Mattson-Teig The U.S. Department of Veterans Affairs (VA) is moving full steam ahead on a multi-billion dollar restructuring of its healthcare facilities.
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.
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.
