Houston, Texas-based University General Health System (OTCQB: UGHS) took aim at the Dallas, Texas market and acquired South Hampton Community Hospital there. The $30 million deal, includes cash and $28.5 million in new debt that comes in the form of a 10-year loan at...
FOR IMMEDIATE RELEASE Stephen M. Monroe, Partner Sanford B. Steever, Editor 800-248-1668 203-846-6800 Fax: 203-846-8300 pressreleases@levinassociates.com NORWALK, CT – March 30, 2010 – Merger and acquisition activity in the health care industry’s service...
Interest In Technology, Health Care IT Spurs Deal Making Over the past 12 months, investors have shown great interest in the e-Health sector. Technology has been hot. The NASDAQ Computer Index, which contains several e-Health concerns, has risen from 587.3 on March 9,...
Creative Financing And Phasing Keep Projects Moving Forward When a provider finances a construction project with a direct taxable loan from a bank, the funds are drawn down in stages, as needed, and interest starts to accrue only when those funds are accessed. When a...
FOR IMMEDIATE RELEASE Sanford B. Steever, Editor Gretchen S. Swanson, Analyst 800-248-1668 203-846-6800 Fax: 203-846-8300 pressreleases@levinassociates.com NORWALK, CT – March 31, 2010 – During the 10-years ended December 31, 2009, a total of 1,171 mergers and...
FOR IMMEDIATE RELEASE Sanford B. Steever, Editor Gretchen S. Swanson, Analyst 800-248-1668 203-846-6800 Fax: 203-846-8300 pressreleases@levinassociates.com NORWALK, CT – March 31, 2010 – Nearly $74.3 billion was committed to fund the 597 hospital mergers and...