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Vanguard

Latest Headlines

Latest Headlines

More nonprofit hospitals come under for-profit's sights

The for-profit Steward Health Care System, which manages the Caritas Christi hospitals in eastern Massachusetts, is on the verge of acquiring two more non-profit facilities in the region, reports the

Hospital M&A ended 2010 at a torrid pace

Hospital merger and acquisition surged in 2010, particularly during the second half of the year, reports Healthcare Finance News. Deal Search Online, a database operated by Irving Levin Associates,

Detroit Medical Center awards contracts for capital projects

Detroit Medical Center wasted no time in spending Vanguard Health Systems' money, after inking a deal last week to become part of the Nashville-based for-profit health system. DMC officials announced

Vanguard deal for Detroit Medical Center complete

After about nine months of courtship, Nashville-based Vanguard Health Systems signed an agreement Dec. 30 to takeover Detroit Medical Center, just before a critical year-end deadline when certain

Vanguard/DMC deal approved with strings attached

Despite Michigan Attorney General Mike Cox giving Vanguard Health Systems the go-ahead to buy nonprofit Detroit Medical Center, approval for the $1.5 billion deal comes with strings attached,

MedCath sells Austin hospital

MedCath (NASDAQ: MDTH) has shed its hospital in Austin, Texas, selling it to local operator St. David's Healthcare. St. David's paid $83.8 million to buy the 58-bed Heart Hospital from Charlotte,

Closing for Vanguard-Detroit Medical Center deal delayed

Don't expect the Vanguard-Detroit Medical Center $1.5 billion mega deal to close in October. In an email to Detroit Medical Center's 14,000 employees, CEO Mike Duggan said that the Vanguard deal's