$SEM (Select Medical Holdings Corporation)

$SEM {{ '2016-04-01T04:11:06+0000' | timeago}} • Announcement

Healthcare holdings company $SEM said that it with its subsidiaries, Select Medical Corporation and Select Medical of New York, Inc., have signed a Stock Purchase Agreement and sold its contract therapy business to an affiliate of Encore Rehabilitation Services for $65MM in cash.

$HCA {{ '2017-07-21T20:39:36+0000' | timeago}} • Announcement

$HCA has agreed to acquire Highlands Regional Medical Center in Sebring, Florida, from subsidiaries of Community Health Systems, Inc. The transaction, which is subject to regulatory approvals and other closing conditions, is expected to close in the fall of 2017.

$MCK {{ '2017-07-21T16:07:44+0000' | timeago}} • Announcement

Biologics, a unit of healthcare technology firm $MCK, said it will join the limited distribution network of $PBYI to promote the latter’s kinase inhibitor Nerlynx. The formulation is indicated for treatment of adult patients with early-stage HER2 overexpressed/amplified breast cancer.

$HLS {{ '2017-07-20T13:56:35+0000' | timeago}} • Announcement

The BoD of $HLS declared a quarterly cash dividend on its common stock of $0.25 per share. The dividend is payable on Oct. 16, 2017, to stockholders of record on Oct. 2, 2017.

$UHS {{ '2017-07-19T22:35:19+0000' | timeago}} • Announcement

$UHS BoD approved a cash dividend of $0.10 per share on Sept. 15, 2017 to shareholders of record as of Sept. 1, 2017.

$AGN {{ '2017-07-19T15:54:53+0000' | timeago}} • Announcement

$AGN appointed Joseph Boccuzi to its BoD, effective immediately. Boccuzi recently retired as a Partner in the Global Life Sciences, Board and Chief Executive Officer Practices at Spencer Stuart, following 24 years of service with the global executive search and leadership consulting firm.

$AMGN {{ '2017-07-13T12:24:26+0000' | timeago}} • Announcement

$AMGN and $AGN announced they will discuss data supporting the ABP 215 Biologics License Application (BLA) with FDA's Oncologic Drugs Advisory Committee. ABP 215 is a biosimilar candidate to Avastin (bevacizumab) and is the first bevacizumab biosimilar candidate to be considered by the FDA.

$DVA {{ '2017-07-13T12:17:02+0000' | timeago}} • Announcement

DaVita Medical Group, a division of $DVA, acquired Dr. Rahn Shaw's practices, Park Avenue Medical Inc. and Winter Park Health Center Inc., each located in Orlando. Dr. Shaw has been an affiliate with DaVita Medical Group since 2005. Under the terms, the practices will be branded "DaVita Medical Group".

$QHC {{ '2017-07-12T19:46:10+0000' | timeago}} • Announcement

$QHC's affiliate signed a letter of intent to sell 72-bed L.V. Stabler Memorial Hospital in Greenville, Alabama and its associated assets, to the City of Greenville, Alabama. The divestiture is expected to close by Sept. 30, 2017.

$CYH {{ '2017-07-12T11:46:04+0000' | timeago}} • Announcement

Hospital operator $CYH said its subsidiaries have signed a definitive agreement to sell Weatherford Regional Medical Center in Texas, and its associated assets, to the subsidiaries of $HCA. The transaction is expected to close later this year. The company is planning to divest a total of 30 hospitals.

$HCA {{ '2017-07-11T22:05:57+0000' | timeago}} • Announcement

$HCA announced an agreement to acquire Weatherford Regional Medical Center outside Fort Worth, Texas, from subsidiaries of Community Health Systems, Inc. The transaction, which is subject to regulatory approvals and other closing conditions, is expected to close by the fall of 2017.

$SEM {{ '2017-07-11T15:58:57+0000' | timeago}} • Announcement

$SEM subsidiary Select Medical Corp. has opened a new rehabilitation hospital, in a joint venture partnership with SSM Health.  SSM Health Rehabilitation Hospital - Lake Saint Louis, which offers rehabilitation care for acute medical conditions, is the first such facility having a brain injury unit.

$HLS {{ '2017-07-11T10:50:33+0000' | timeago}} • Announcement

$HLS expects the total rebranding investment to be about $25-30MM, to be incurred between 2017 and 2019. About $7-10MM is expected to be incurred in 2017, of which $6-8MM will be operating expenses and $1-2MM will be capital expenditures. Only $1MM of this investment is included in 2017 forecast which will be updated in 2Q17 results.

$HLS {{ '2017-07-11T10:46:49+0000' | timeago}} • Announcement

$HLS said it will change its name to Encompass Health Corp., effective Jan. 2, 2018. The corporate name change will be accompanied by a NYSE ticker symbol change, from $HLS to "EHC". Beginning in 1Q18, both business segments will begin transitioning to the Encompass Health name.

$AGN {{ '2017-07-10T16:14:16+0000' | timeago}} • Announcement

$AGN announced additional results of a prespecified prospective pooled subgroup analysis from the two Phase 3 studies, which evaluated the efficacy and safety of Viberzi to treat the symptoms associated with irritable bowel syndrome with diarrhea, abdominal pain and diarrhea.

$ENSG {{ '2017-07-10T13:23:49+0000' | timeago}} • Announcement

$ENSG acquired the real estate and operations of two continuing care retirement communities in Colorado. The acquisition was effective July 1, 2017. $ENSG is actively seeking additional opportunities to buy real estate or to lease both well-performing and struggling skilled nursing, assisted living and other healthcare related businesses.

$EVHC {{ '2017-07-05T14:28:39+0000' | timeago}} • Announcement

$EVHC unit Envision Physician Services acquired multi-specialty group Infinity Healthcare, Inc., headquartered in Wisconsin. No other terms were disclosed.

$EVHC {{ '2017-07-05T13:18:41+0000' | timeago}} • Announcement

Healthcare services provider $EVHC said its subsidiary Envision Physician Services has acquired Northside Emergency Associates, an emergency medicine physician group practice. The company did not disclose financial details of the transaction.

$QHC {{ '2017-06-30T20:23:05+0000' | timeago}} • Announcement

$QHC announced that affiliates of the company have completed the transaction for the divestiture of Trinity Hospital of Augusta in Augusta, Georgia, and its associated assets. The transaction will be effective as of June 30, 2017.

$EVHC {{ '2017-06-30T12:14:40+0000' | timeago}} • Announcement

Healthcare firm $EVHC said the outstanding shares of its 5.25% series A-1 mandatory convertible preferred stock will automatically convert into common shares, effective  July 3, 2017. Each share of the preferred stock, unless previously converted, will automatically convert into 1.8141 shares of the common stock.

$USPH {{ '2017-06-29T19:00:45+0000' | timeago}} • Webcast

$USPH estimates its corporate office costs, as a percentage of revenue, will be in the upper 8% to lower 9% range this year. The company said its recently adopted accounting standard and a change in the value of restricted share grants resulted in tax credit in 1Q17. The current focus is on acquisition-related opportunities to sustain growth.

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