NHI board removes interim tag from CEO's title

Former Emeritus exec tapped two months ago to step in after Hutchens exit
Oct 6, 2015 7:02 AM

NextGxDx raises $1.5M

Company to expand into payer market
Oct 5, 2015 2:27 PM
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Cumberland Pharmaceuticals CFO stepping down

CEO to take on financial role as former Crowe Horwath pro transitions to new company
Oct 5, 2015 1:15 PM
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Big investor lends AAC a funding hand

Stock pops on word of convertible debt deal to help finish expansion projects, stay on M&A track
Oct 5, 2015 12:15 PM

A peek at the pipeline of Community Healthcare Trust

After buying 29 properties for $87.0 million in cash during the second quarter, Community Healthcare Trust had a quieter Q3, paying $13.1 million for three properties and funding an $11.0 million mortgage. Also in the works, company officials said Friday, are five purchases for $24.8 million and work to turn 18 non-binding term sheets for $29.4 million into done deals.

If those efforts are successful, Community Healthcare Trust will have acquired 55 properties for $154 million. Community Healthcare Trust went public four months ago with agreements to pay $115 million for 35 properties in 18 states. Since the IPO, its shares (Ticker: CHCT) have fallen about 20 percent, taking the company's market cap down to about $120 million.

Oct 5, 2015 7:12 AM

NHC buying back preferreds

$170M plan will redeem paper issued in '07 acquisition
Oct 5, 2015 7:04 AM

InvisionHeart picked for supply chain expo pitch competition

Locally based cardiac data venture InvisionHeart is one of five companies to have been named a finalist in Sink or Swim, a pitch competition that's part of this week's Healthcare Supply Chain Association Expo in D.C. Also in the mix are Michigan, North Carolina, Pennsylvania and Illinois. They will go before a panel of judges Tuesday. There's no money to be won, but the winner will get some advice sessions with group purchasing organization executives.

Check out more info here and catch up on our past coverage of InvisionHeart here.

Oct 5, 2015 6:53 AM

Only LifePoint gets a 'buy' from wary Citi; Avondale still bullish

Citi analysts have launched coverage of various segments of the health care sector, including hospitals. They're not all that upbeat about the hospital space, giving most players a 'hold' rating. Only LifePoint Health merits a 'buy' in their opinion; they see its shares (Ticker: LPNT) climbing to $82 from about $71 today. Overall, the analysts say they are "more tempered" on the hospital industry because of doubts about the continued growth in volumes amid difficult comparisons as well as "unease around potential bad debt creep."

Locally based Avondale Partners analyst Paula Torch has been bullish on LifePoint for a while. In a note Friday, she reiterated her 'outperform' rating and $94 target and says a big part of the company's appeal is its success buying and integrating smaller players.

If the remaining $600M in announced acquisitions closes by the end of 2015, LPNT will have added ~$1.85B in revenue over two years. Given the size, quality, and improved infrastructure, we believe the class of '14 and '15 deals could add over $200M in EBITDA by 2018.

Oct 2, 2015 11:54 AM

LifePoint has deal for Georgia hospital

Brentwood company started talks after CHS deal fell through
Oct 2, 2015 7:17 AM

Surgery Partners tries to claw its way back to IPO price

At one point, stock was 26% below bottom end of targeted price range
Oct 1, 2015 12:34 PM