Triad Hospitals News

“What we're going to try and get done in one year is to make it feel like on the inside and hopefully from the outside, one company, one culture, one way of doing things, one accounting system.”

- The newly merged electronic data giant Thomson Reuters Corp. (TSX:TRI) is "off to a strong start" in the global information economy, CEO Tom Glocer told the company's first annual meeting since Thomson Corp. and Reuters Group PLC closed their deal in April.

The new entity is "ideally positioned" to lead in the fast growing intelligent information market after reporting combined revenues up 12 per cent in the first quarter, he told about 500 shareholders gathered Wednesday.

He pointed to a nine per cent organic growth rate and a 37 per cent combined increase in adjusted operating income in the first quarter as strong boosts to the company's outlook. Read more

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New president and chief financial officer also appointed PLANO, Texas, April 15 /PRNewswire/ -- Wayne McAlister has been named chairman and chief executive officer of LifeCare Holdings, Inc., a 20-facility long ... via Earth Times

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LifeCare Holdings Inc. , a 20-facility long-term acute care hospital system based in Plano, has expanded Wayne McAlister's title to chairman and chief executive. via Dallas Business Journal

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Ventas Inc. has appointed James "Denny" Shelton and Robert D. Reed to its board of directors. via Business First of Louisville

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“Capella provides Willamette Valley Medical Center with financial backing, technical support and specialized services to build on our current success”

Sale of the Willamette Valley Medical Center to Capella Healthcare, a Tennessee start-up, was finalized on Friday, officials announced. via News-Register

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“Our agreement with BMG is just the latest sign of UPMC's commitment to international growth and diversification to improve health care worldwide while supporting our core mission at home”

As part of the agreement, UPMC will pay 15 million Euros, or about $22 million, for a 25 percent equity interest in the hospital operating company that will lease the facility from BMG. via Pittsburgh Business Times

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The University of Pittsburgh Medical Center has formed a partnership to operate a hospital in Ireland. via The York Daily Record

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“Fundamental results were fairly weak for the quarter, but there were clearer signals that the company's hospitals had bottomed and were poised for turnaround”

Shares of hospital operator Community Health Systems Inc. rose Friday after the company said it sold one of its hospitals in Ireland and reported 2008 earnings guidance in line with estimates but a ... via Canadian Business Magazine

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Hospital operator Community Health Systems Inc. said Thursday it swung to a fourth-quarter loss on a surge in costs associated with the buyout of Triad Hospitals Inc. via Canadian Business Magazine

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“We don't know if a decision will be made”

Affinity Medical Center's board of directors met at an undisclosed off-campus location Monday to discuss the possible closing of one of its campuses. via Massillon Independent

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