Share PostTenet Q2 Report Shows Net Loss
Dallas-based Tenet Healthcare ended its second quarter of 2017 with a net loss. Full Story
Finance
Kindred’s Q2 Report: Exiting Nursing Facilities Slows Growth
Louisville, Ky.-based Kindred Healthcare, a hospital, nursing center, and contract rehabilitation services provider, released its second-quarter 2017 report and cited a $409.1 million decrease in revenue compared to last year. Full Story
Report Questions Sustainability of Teladoc Growth
A report from Seeking Alpha, a stock market insight and financial analysis provider, suggests that Lewisville-based Teladoc Inc. may not be able to maintain its current growth trajectory without burning its own cash. Full Story
Tenet Healthcare Refinancing Debt Through Private Placement Offering
Dallas-based Tenet Healthcare Corp. will aim to refinance $3.54 billion of its outstanding debt by offering for sale $3.78 billion of newly issued notes through a private placement. Full Story
Conversation With: Les Kreis, BIOS Partners
The most recent “The Pulse” breakfast series at Health Wildcatters headquarters last week featured Bill Burns, founder of Encore Vision, a medical supply and equipment company, and Les Kreis, managing partner at BIOS Partners, a healthcare-focused private equity firm. Full Story
Dallas Health Insurance Distributor, Georgia Medicare Supplement Provider Joining Forces
Dallas-based Integrity Marketing Group, an independent distributor of life and health insurance products, announced a joint venture with Woodstock, Ga.-based AIMC, a national developer and distributor of Medicare Supplement products, to serve the senior market. Full Story
Tenet Healthcare Releases Q1 Earnings, Shows A Slight Improvement
Dallas-based Tenet Healthcare Corp. reported a $52 million net loss in its first quarter of 2017, a $3 million improvement from the first-quarter 2016 loss of $55 million.
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New York Firm Acquires Minority Interest in Dallas Healthcare Investor
GMF Capital, a New York-based private alternative investment firm specializing in healthcare, real estate, and private equity, has acquired a minority interest in Dallas-based East Lake Capital Management, an investment management firm specializing in healthcare and real estate, for a reported $95 million.
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Kimberly-Clark To Challenge Verdict on Medical Gowns
Dallas-based Kimberly-Clark Corp., a multinational personal care corporation, said it plans to challenge the recent verdict in a California class action lawsuit involving MicroCool surgical gowns sold by Halyard Health, its former healthcare business. Full Story
New York Hedge Fund Snaps Up Outstanding Debt Of Adeptus Health
A New York-based hedge fund has purchased $212.7 million in outstanding loans of Lewisville-based Adeptus Health, the nation’s largest operator of freestanding emergency rooms. Full Story