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HCA TriStar spends $4.9 million on Tennessee Property Near Site of Future Hospital

Written by Staff
HCA TriStar, a 20-hospital group owned by HCA, has purchased 33 acres in Spring Hill, Tenn., next to the site where the company hopes to eventually build a new hospital, according to The Nashville Business Journal.
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Michigan's North Oakland Medical Centers Sold and Reopened

Written by Staff
North Oakland Medical Centers in Pontiac, Mich., has been reopened and renamed Doctors Hospital of Michigan following its acquisition by McLaren Health Care in Flint, Mich., and physicians group Oakland Physicians Medical Center, according to the Detroit Free Press.
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Determining the Value of a Medical Practice

Written by Jonathan O’Sullivan and Thomas Warrington
The value or worth of a medical practice to a third-party buyer in an acquisition is often the subject of much debate, theoretical analysis and often confusion. As the healthcare environment undergoes its cyclical market rituals that often includes the acquisition of physician practices, the employment of physicians and then ultimately the divestiture of money-losing strategies, the issue of what a practice is worth invariably plays a leading role.
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Erdman Breaks Ground on Wisconsin Hospital and Physician Office Complex

Written by Staff
Erdman, a Cogdell Spencer company, has announced that it has broken ground on a new 150,000 sq. ft. hospital and an adjacent 120,000 sq. ft. physician office complex in Janesville, Wis.
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Florida Durable Medical Equipment Firm Owner Pleads Guilty In $57 Million Medicare Fraud Scheme

Written by Staff
The U.S. Department of Justice has announced that a Miguel Almanza, formerly of Hialeah, Fla., has pled guilty in connection with a $56.7 million Medicare fraud scheme.
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