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In the News: Baptist Health Care to Acquire West Florida Hospital

Written by Staff
Baptist Health Care in Pensacola, Fla. has announced it will acquire West Florida Hospital, an HCA facility, for $245 million, according to the Pensacola News.
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In the News: Alabama CON Review Board Denies ASC Proposal

Written by Staff
The Alabama Certificate of Need Review Board will not reconsider a proposal for a new surgery center, unanimously rejecting a request from the center to revisit the proposal after originally rejecting its CON request, according to the Alabama Press-Register.
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14 Statistics for Device-Intensive Procedures

Written by Stephanie Wasek
Device-intensive procedures are core procedures for hospitals in terms of the revenue per procedure they represent and the high margins they can offer, especially from private insurers. However, it is essential that hospitals overcome challenges in cost management, revenues and pricing and physician relationships in order to ensure the profitability of these procedures, which also provide opportunities for hospitals to brand themselves as "high-tech and high-touch," over the long term, according "Pursuing Value for Medical Devices, Hospitals and Manufacturers."
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Somerset CPAs Promotes Jeff Boomershine to Principal

Written by Staff
Somerset CPAs, a full-service certified public accounting and professional services firm, has announced its promotion of Jeff Boomershine to the position of principal on the Somerset healthcare team.
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MarCap Acquisition by Tygris Completed

Written by Staff
Tygris Commercial Finance Group, a recently formed commercial finance company, has completed its acquisition of substantially all of the assets and business of MarCap, a Chicago-based middle market healthcare equipment finance company. MarCap joins Tygris Asset Finance, Tygris's middle market equipment leasing and asset finance business led by Laird Boulden, and will continue to operate under the MarCap brand.
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