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Medical Properties Trust in $400 Million Transaction with Ernest Health, Inc. to Add 16 Hospitals to Portfolio; FFO Accretion of 26%

Medical Properties Trust, Inc. (NYSE: MPW) today announced that it has agreed to a series of transactions with Ernest Health, Inc. that will add 16 existing post acute care hospitals to MPT’s investment portfolio for approximately $300 million. In addition, the Company will acquire a significant percentage of Ernest Health’s operations, in partnership with Ernest Health’s management team. This $400 million transaction increases Medical Properties Trust’s overall assets by 25 percent, to more than $2.0 billion.

Drive Medical Expands its Respiratory Presence with the Acquisition of  Inovo, Inc./CHAD Therapeutics

Drive Medical is pleased to announce the acquisition of Inovo, Inc./CHAD Therapeutics (“Inovo”), a leading manufacturer of oxygen conserving devices, regulators and other respiratory products into the home care, long-term care, hospital and emergency markets. 

SAIC to Acquire Vitalize Consulting Solutions, Inc.

Company to Expand Health Solutions Portfolio to Help Customers Better Address Electronic Health Record (EHR) Implementation and Optimization Demand

Science Applications International Corporation (SAIC) [NYSE: SAI] today announced that it has entered into a definitive agreement to acquire Vitalize Consulting Solutions (VCS), Inc., a leading provider of clinical, business and information technology (IT) services for healthcare enterprises. 

 

Nuance Acquires Webmedx
Acquisition Complements Nuance Transcription Services and Clinical Understanding Solutions Portfolio; Brings Top-Rated, #1 in KLAS Medical Transcription Services Provider.

Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it acquired Webmedx, the #1 KLAS-ranked transcription services provider.  Webmedx, which offers transcription and editing services and clinical documentation technology for hospitals and clinics nationally, will strengthen Nuance Transcription Services (NTS), Nuance’s fully-managed, medical transcription services offering. 
Hillcrest to Acquire SouthCrest & Claremore Hospitals

Purchase will provide a significant south presence & increase access.

Hillcrest HealthCare System has signed a definitive agreement to purchase the assets and operations of SouthCrest Hospital in Tulsa, Okla., and Claremore Regional Hospital in Claremore, Okla. The price and the financial terms of the agreement are not being disclosed.