Columbia/HCA Healthcare Corp.
This article was originally published in The Gray Sheet
Executive Summary
New company created by Columbia Healthcare's acquisition of the Hospital Corporation of America will operate 190 hospitals with more than 42,000 beds in 26 states and two foreign countries. The new firm will have annual revenues of more than $10 bil., Columbia reports Oct. 2. The transaction is dependent on a determination that the proposed swap of Columbia stock for HCA shares is a tax-free transaction and the approval of shareholders of both companies.
You may also be interested in...
Cochlear’s Osia System Receives Expanded FDA Clearance For Use In Younger Children
Kids ages 5 and up now can benefit from Cochlear’s Osia implant and sound processor, indicated for hearing loss, mixed hearing loss and single-sided sensorineural deafness.
MAISI: Navigating The 'Valley Of Death' In Medtech Research Translation
Translating research from proof of concept to clinical investigations is a difficult hurdle to overcome. To succeed, researchers need to design their technology for industrial standard manufacturing early on, Anne Vanhoestenberghe, director for the Manufacture of Active Implants and Surgical Instruments (MAISI), told Medtech Insight.
Incyte Hopes To Augment Immune/Inflammation Pipeline With Escient Deal
Incyte will pay $750m to acquire privately held Escient and its first-in-class oral antagonists of Mas-related G protein-coupled receptors X2 and X4.