Healthways cuts guidance, shares hammered

Lower revenues, slower biz development leads to expected $20M EBITDA drop
Jun 19, 2015 7:03 AM

Acumen Physician Solutions adds product development VP

Health care tech exec to oversee nephrology services development
Jun 18, 2015 11:00 AM

Analyst action: Community Healthcare Trust, Healthways

Analyst Steve Manaker at Oppenheimer has launched coverage of newly public Community Healthcare Trust with an 'outperform' rating and a price target of $21. A key in his analysis is the type of properties CEO Tim Wallace and his team are targeting: "The key for us is not just management's ability to underwrite the real estate but also the importance of a tenant's place in the local healthcare ecosystem." Community Healthcare Trust (Ticker: CHCT) is changing hands this morning at about $19.10.

Manaker's colleague Mohan Naidu has begun covering shares of population health management company Healthways (Ticker: HWAY) with a neutral rating. Among his concerns are how the exit of former CEO Ben Leedle might hurt contract renewals and the long-term impact of health insurance exchanges on Healthways' work with large employers.

Jun 18, 2015 10:42 AM

Vanderbilt lands $10M grant for autism training

Five-year funding provides educational services to schools
Jun 18, 2015 7:00 AM

LifePoint adds buyback plan

The directors of LifePoint Health earlier this month voted to set up a $150 million stock buyback plan that triples the hospital company's remaining repurchase capacity.

The new plan is valid for 18 months and piggybacks onto an existing $150 million plan that will expire Oct. 1. About half of that dollar amount had been used as of early this month.

In the first quarter of this year, the company bought back almost $34 million of its own shares (Ticker: LPNT), which have risen 4 percent so far this year. The $225 million still available for repurchases amounts to almost 7 percent of the company's shares outstanding.

Jun 17, 2015 7:32 AM

LifePoint promotes veteran industry officials

Brentwood-based hospital company provides new roles for three senior leaders
Jun 16, 2015 1:11 PM

HCA replaces $1.2B in loans

HCA Holdings' finance team has saved the company a few dollars by renegotiating two big loans with a group of lenders led by Bank of America. The Nashville-based hospital giant (Ticker: HCA) has replaced a $482 million term loan that would have expired next May and a $717 million facility due next February with a single $1.4 billion credit line that will mature in mid-2020. The new facility also comes with a lower interest rate.

Jun 16, 2015 7:02 AM

Vanguard to pay $2.9M in false claims, kickback settlement

Feds allege violations occurred before Tenet bought company
Jun 15, 2015 1:00 PM

Community Healthcare Trust picks up first 'buy' ratings

Several investment banks have launched coverage of newly public Community Healthcare Trust with positive outlooks. Giving 'buy' ratings to the real estate investment trust are analysts at SunTrust Robinson Humphrey, Janney Montgomery Scott and Sandler O'Neill. SunTrust's researchers have a $22 target and Sandler a $23 target for the stock (Ticker: CHCT), which went public four weeks ago at $19.

Jun 15, 2015 8:35 AM

Blakeford pursues $25M expansion, master plan evaluation

Senior living community could add 44 units, transfer 12
Jun 12, 2015 2:15 PM