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This about improving financial relationships with the Home Care area and the company specializes in working with hospitals and how to grow their bottom line. Aegis was born from Vanderbilt University and interestingly enough was just sold this week to a private equity firm Metalmark Capital. ...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Oct 25 2010
Filed under:
Filed under: Medically Related, Insurance, Other Items of Interest, Physicians, Hospitals, Nursing Homes, Orange County, Studies, algoirthms, efficiencies, St Josephs Home Healthcare, Metalmark Capital, Aegis Health Group
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Prime Healthcare is back in the news again, this time not over ownership and claim issues, but infection rates this time. Prime Health though is still in the business of buying up hospitals when the opportunities arise and a few months ago they were unsuccessful in their bid for IHHI, a chain of...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, Oct 13 2010
Filed under:
Filed under: Medically Related, Other Items of Interest, Hospital, healthcare, Investors, Hospitals, California, bankruptcy, Orange County, Prime Healthcare, Money, infections, funds, network
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If Heritage does not place a bid, then Prime Healthcare would move in as the new owner as by law the process has to be open for bidding. Prime bid last year unsuccessfully for the 4 hospital chain IHHI in Orange County, CA which returned to the original owner who was run out a few years ago. IHHI...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, Sep 15 2010
Filed under:
Filed under: Medically Related, Other Items of Interest, Hospital, healthcare, Investors, Hospitals, bankruptcy, Orange County, Prime Healthcare, Money, funds, Chaudhuri, Hertize Provider Network
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This is the hospital chain that has 9 lives and a complete soap opera over the last few years to along with it. The new owner is also the old owner who filed bankruptcy in 2000 and left patients and others holding the bag, literally. A Chaudhuri-controlled company, KPC Medical Management...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Sat, Apr 10 2010
Filed under:
Filed under: Medically Related, Other Items of Interest, Hospital, healthcare, Investors, Hospitals, Orange County, Money, IHHI, SEC, funds, Medical Capital Holdings, Mogel, MedCap, Chaudhuri, hedge fund
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The story of this 4 hospital chain has had just about a little bit of everything here and of course money woes and the SEC investigation of their financer just adds icing to the cake. This is what happened to some of the money: SEC Investigation Finds Medical Capital Holdings Diverting Investor...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Fri, Feb 12 2010
Filed under:
Filed under: Medically Related, Other Items of Interest, healthcare, Investors, Hospitals, Orange County, Money, IHHI, SEC, funds, Medical Capital Holdings, MedCap
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This story keeps getting better all the time, almost like a soap opera of sorts as the series of events has had a little bit of everything as the plot thickens. This has no reflection on the people and employees of the 4 hospitals, who are caught in the middle, wondering how future financing will...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Aug 24 2009
Filed under:
Filed under: Medically Related, Other Items of Interest, healthcare, Investors, Hospitals, Orange County, Money, IHHI, SEC, funds, Medical Capital Holdings, eMark Advertising, MCH, Mogel
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If you have kept up on news related articles over the last couple years, this hospital chain has had nothing short of a “soap opera” of events. Now with the involvement of the SEC things are getting a bit more complicated with the investigation of where the funds were potentially diverted. ...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Aug 4 2009
Filed under:
Filed under: Medically Related, Other Items of Interest, healthcare, Investors, Hospitals, Orange County, Money, IHHI, SEC, funds, Medical Capital Holdings
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Hats off to Mrs. Thatcher for going to the NHS for treatment. It may have been her aides that influenced the decision being she is suffering from dementia. Being in southern California I see this quite a bit with prestige with hospitals and who has the best facilities to handle urgent...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Sun, Jun 14 2009
Filed under:
Filed under: Medically Related, Other Items of Interest, healthcare, Hospitals, NHS, Orange County, USC Medical School, UCI Irvine, Los Angeles County, Margaret Thatcher
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A few more blows for this hospital trying to survive. It has already lost it’ accreditation from the Joint Commission. Not a good idea perhaps to leave patient charts laying around in the doctor’s lounge, although I have seen this done elsewhere too. The one item that is disturbing...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Apr 28 2009
Filed under:
Filed under: Medically Related, Other Items of Interest, healthcare, Hospitals, Orange County, Prime Healthcare, Joint Commission, Desperate Hospitals, Pacific Health, Anaheim General Hospital
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One of the hospitals fined, Anaheim General lost it’s accreditation late last year as well, and if that isn’t enough activity, Anaheim Memorial hospital is up for sale once more with an offer from another company, AHMC Healthcare Inc. BD Anaheim General Hospital loses accreditation – Orange County...
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Anaheim General in Orange County has been in the news of late and this is one last blow to the facility. Others were trying to purchase the facility, including Prime Health Care , who has been in the news of late over the balance billing situation in California. Financially, there’s the same struggle...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Sat, Dec 6 2008
Filed under:
Filed under: Medically Related, Other Items of Interest, healthcare, Hospitals, Orange County, Prime Healthcare, Joint Commission, Desperate Hospitals, Pacific Health, Anaheim General Hospital
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In a related story from Forbes, as soon as the announcement was made, Tenet stocks rose. I guess if you are a hospital chain, it appears closing a hospital will raise the stock? Investors must see this as an opportunity for Tenet to make more money. Being local to Orange County, it is a...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, Oct 8 2008
Filed under:
Filed under: Medically Related, Insurance, Other Items of Interest, healthcare, Hospitals, Kaiser Permanente, Orange County, Stocks, Investments, http://www.bizjournals.com/losangeles/stories/2008/10/06/daily20.html