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Steward Health Care
Steward Health Care is the largest physician-owned private for-profit health care network in the United States and attends to 2.2 million people during more than twelve million physician and hospital visits annually. Headquartered in Dallas, Steward's integrated health care model employs 40,000 people at thirty-five hospitals and hundreds of urgent care, skilled nursing, and primary and specialty care medical practice locations across eleven states and the country of Malta. Steward Health Care is led by CEO Ralph de la Torre, a Cuban-American physician, engineer and cardiac surgeon. History Steward Health Care was started by Ralph de la Torre, when Caritas Christi Health Care system was sold to the private equity firm Cerberus Capital Management in 2010; after the transaction, Caritas was converted to a for-profit company and renamed Steward Health Care. In June 2020, Steward became the nation's largest physician-owned health care system, after Steward physicians acquired a 90 p ...
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Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg Ramon Bloomberg (born 1972 in Sheffield,England) is a writer and film maker based in London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just unde ... (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** '' Bloomberg Businessweek'', weekly business magazine and website ** '' Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel *** Bloomberg TV Canada *** Bloomberg TV Phi ...
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Caritas Christi Health Care
Caritas Christi Health Care was a non-profit Catholic healthcare system in the New England region of the United States. It was established in 1985 and was the second largest healthcare system in New England. In 2010, Caritas Christi was sold to the private equity firm Cerberus Capital Management, which converted it to a for-profit company and renamed it Steward Health Care System. Cain Brothers acted as Caritas Christi's advisor for this transaction, for which they received Deal of the Year honors from Investment Dealer's Digest. Caritas Christi was an integrated healthcare network providing community based medicine and tertiary care in eastern Massachusetts Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut assachusett writing systems, məhswatʃəwiːsət'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England ..., southern New Hampshire and Rhode Island. Caritas Christi Health Care had 1 ...
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Carney Hospital
Carney Hospital is a 159-bedhttp://www.caritaschristi.org/oth/Page.asp?PageID=OTH000334 community teaching hospital in Dorchester, Massachusetts, affiliated with Tufts University School of Medicine and Tufts Medical Center. The hospital had its beginnings in 1863 in South Boston. It was the first Catholic hospital in New England. Among its first patients were American Civil War soldiers. In 1892 a Carney Hospital team performed the first abdominal surgery in Boston. History Carney Hospital was established in 1863 in South Boston by Andrew Carney with a $75,000 donation and with Sister Ann Alexis Shorb, Carney's choice for its first administrator and a member of the Daughters of Charity of St. Vincent de Paul. It was located on the former Hall Jackson Howe estate on Old Harbor Street on Telegraph Hill. The hospital was designed by Boston City Architect Charles Bateman.Sammarco, Anthony Mitchell''South Boston, Volume 2'' Arcadia Publishing, 2000. Cfp.83-90, chapter on Carney H ...
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Third Order Of St
Third or 3rd may refer to: Numbers * 3rd, the ordinal form of the cardinal number 3 * , a fraction of one third * 1⁄60 of a ''second'', or 1⁄3600 of a ''minute'' Places * 3rd Street (other) * Third Avenue (other) * Highway 3 Music Music theory * Interval number of three in a musical interval **major third, a third spanning four semitones **minor third In music theory, a minor third is a musical interval that encompasses three half steps, or semitones. Staff notation represents the minor third as encompassing three staff positions (see: interval number). The minor third is one of two com ..., a third encompassing three half steps, or semitones ** neutral third, wider than a minor third but narrower than a major third ** augmented third, an interval of five semitones ** diminished third, produced by narrowing a minor third by a chromatic semitone *Third (chord), chord member a third above the root *Degree (music), three away from tonic **median ...
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Brighton, Boston, Massachusetts
Brighton is a former town and current neighborhood of Boston, Massachusetts, United States, located in the northwestern corner of the city. It is named after the English city of Brighton. Initially Brighton was part of Cambridge, and known as "Little Cambridge". Brighton separated from Cambridge in 1807 after a bridge dispute, and was annexed to Boston in 1874. For much of its early history, it was a rural town with a significant commercial center at its eastern end. The neighborhood of Allston was also formerly part of the town of Brighton, but is now often considered to be separate, leading to the name Allston–Brighton for the combined area. This historic center of Brighton is the Brighton Center Historic District. The Aberdeen section of Brighton was designated as a local architectural conservation district by the Boston Landmarks Commission in 2001. History In 1630, land comprising present-day Allston–Brighton and Newton was assigned to Watertown. In 1634, the ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by West ...
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recomm ...
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For-profit Hospital
For-profit hospitals, sometimes referred to as alternatively investor-owned hospitals, are investor-owned hospitals or hospital networks. Many of the for-profit hospitals are located in Europe and North America, with many of them established particularly in the United States during the late twentieth century. In contrast to the traditional and more common non-profit hospitals, they attempt to garner a profit for their shareholders. The highest charging hospitals in the US are for profit, according to a study published in the journal '' Health Affairs'' in 2015. United States In the United States, the three largest such firms are Hospital Corporation of America, Tenet (formerly NME), and HealthSouth. HealthSouth, as the third-largest U.S. national chain, is also the leading provider of rehabilitation services. For profit Psychiatric Solutions was the largest provider of psychiatric services in the nation, until they were bought out by Universal Health Services in 2010. A conc ...
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Franklin, Tennessee
Franklin is a city in and county seat of Williamson County, Tennessee, United States. About south of Nashville, it is one of the principal cities of the Nashville metropolitan area and Middle Tennessee. As of 2020, its population was 83,454. It is the seventh-largest city in Tennessee. The city developed on both sides of the Harpeth River, a tributary of the Cumberland River. In the 19th century, Franklin (as the county seat) was the trading and judicial center for primarily rural Williamson County and remained so well into the 20th century as the county remained rural and agricultural in nature. Since 1980, areas of northern Franklin have been developed for residential and related businesses, in addition to modern service industries. The population has increased rapidly as growth moved in all directions from the core. Despite recent growth and development, Franklin is noted for its many older buildings and neighborhoods, which are protected by city ordinances. History ...
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Iasis Healthcare
IASIS Healthcare, located in Franklin, Tennessee, was the for-profit owner and operator of medium-sized acute care hospitals in high-growth urban and suburban markets. IASIS owns or leases 17 acute care hospital facilities and one behavioral health hospital facility with a total of 3,581 licensed beds and has total annual net revenue of approximately $3.2 billion. These hospital facilities are located in five regions: Salt Lake City, Utah; Phoenix, Arizona; five cities in Texas, including Houston and San Antonio; West Monroe, Louisiana; and Woodland Park, Colorado. IASIS also owns and operates Health Choice Arizona, a Medicaid and Medicare managed health plan in Phoenix that serves more than 197,000 members. IASIS Healthcare, its assets and employees have since merged with Steward Health Care System of Florida, the largest private operator of hospitals in the nation. The deal was estimated to be worth $2 billion. Company Background Founded in 1998, IASIS Healthcare is an owner and ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with '' USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Community Health Systems
Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. In 2014, CHS had around 200 hospitals, but the number had declined to around 85 in 2021. In August 2015, the company announced plans to spin off 38 hospitals and its management and consulting subsidiary, Quorum Health Resources, into a new publicly traded company called Quorum Health Corporation. The company completed the spinoff of Quorum Health Corporation on April 29, 2016. Quorum owns or leases hospitals across 16 states, primarily in cities or counties with populations of 50,000 or less. In April 2020 Quorum declared bankruptcy and is no longer trading on the NYSE. On October 3, 2016, CHS was removed from the S&P Midcap 400 and added to the S&P Smallcap 600. Under CEO Wayne T. Smith, the company's stock has lost over 76% of its value since the year 2000. ...
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