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Healthcare Facilities & Services

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Aevis Victoria H1 net result 4.2 million Swiss francs

Friday, 16 Sep 2016 01:00am EDT

Aevis Victoria SA : H1 net revenue 256.1 million Swiss francs ($263.56 million) versus 254.9 million francs in H1 2015 (restated) . H1 EBITDA 42.2 million francs versus 33 million francs in H1 2015 .H1 net result 4.2 million francs versus 71,000 francs year ago.

Estia Health appoints Norah Barlow as acting CEO

Thursday, 15 Sep 2016 06:26pm EDT

Estia Health Ltd : Ehe appoints norah barlow as acting CEO . Estia managing director and CEO Paul Gregersen to stand down from both roles .

International Healthway clarifies article relating to appointment of receivers by Westpac and NAB

Thursday, 15 Sep 2016 04:51pm EDT

International Healthway Corporation Ltd : International healthway corp- announcement refers to article in Straits Times on 10 September titled "receivers take control of IHC's Australia properties . Clarify on appointment of receivers by Westpac and NAB over co's 3 Australian properties . Appointment of receivers by Australian banks due to disputed appointment of receivers by funds related to crest capital Asia . Due to uncertainties created by crest receivers, compliance with various loan arrangements to westpac and nab were disrupted . Australian receivers intend to proceed with the proposed sales of the properties to realise their full potential values" . Group's businesses in various countries in which it operates in, continues undisrupted .

Community Health appoints Tim Hingtgen as president and chief operating officer

Thursday, 15 Sep 2016 04:33pm EDT

Community Health Systems Inc :On Sept. 14, 2016, board of company elected and appointed Tim L. Hingtgen as president and chief operating officer.

Mainstreet Health reports $152 Million of acquisitions and internalization of management

Thursday, 15 Sep 2016 04:33pm EDT

Mainstreet Health Investments Inc : Mainstreet Health Investments announces $152 million of acquisitions, internalization of management and $65 million bought deal offering of subscription receipts . Reached an agreement for termination of company's existing asset management agreement . Mainstreet Health Investments Inc says transactions are expected to be immediately accretive to company's adjusted funds from operations per share . There is no cost to company to terminate asset management agreement . Reached an agreement for "internalization of management" . Following acquisitions, co's asset value is expected to increase from about $450 million to approximately $600 million . There is no cost to company to terminate asset management agreement .Agreement that co's existing Canadian, U.S. Development agreements will not be terminated upon management internalization.

Korian sees 2021 revenue of around EUR 3.8 bln, EBITDA margin close to 14.5%

Thursday, 15 Sep 2016 02:30am EDT

Korian : Sees financial targets for 2021: around 3.8 billion euros in annual revenue, an EBITDA margin close to 14.5 percent . Says financial targets for 2021: to maintain current dividend policy . Sees for 2021 50 percent increase in operating free cash flow . Sees for 2021 a restated leverage of close to 3.5 times .Says midway through plan, in 2019, group is expecting revenue of about 3.5 billion euros and an EBITDA margin of about 14 percent.

Le Noble Age H1 operating income rises to ‍​17.5 million euros

Wednesday, 14 Sep 2016 12:52pm EDT

Le Noble Age SA : H1 net income group share 7.6 million euros ($8.56 million)versus 5.5 million euros year ago . H1 operating income ‍​17.5 million euros versus 16.8 million euros year ago .Confirms FY targets.

Korian H1 current net profit group share down at 41.4 million euros

Wednesday, 14 Sep 2016 12:00pm EDT

Korian SA : H1 operational performance in line with 2016 roadmap . H1 EBITDA 206.7 million euros ($232.9 million) versus 171.7 million euros year ago . H1 current net profit group share 41.4 million euros versus 52.7 million euros year ago . 2016 targets - EBITDA margin target is raised . Confirms its expectation of substantial revenue growth in 2016, to almost 3 billion euros . Says now expecting its 2016 EBITDA margin to increase from about 13.3 pct to close to 14 pct . Says excluding non-recurring items, 2016 EBITDA margin is expected to be around 13.7 pct .Syndicated loan renegotiated to 1.3 billion euros maturing in 2021.

Apax Europe and Nordic Capital place 20 mln Capio shares

Wednesday, 14 Sep 2016 02:00am EDT

Apax Europe, Nordic Capital: Apax Europe and Nordic Capital fund VI announce the successful placement of 20 million shares in Capio . Say selling price was SEK 49 per share . Capio shares closed at SEK 51.5 .Following sale, Apax Europe owns 10.8 pct of Capio shares and Nordic Capital fund VI 18.8 pct.

Optum and Quest Diagnostics partner to help make health system work better

Tuesday, 13 Sep 2016 06:01am EDT

Quest Diagnostics Inc : Optum and Quest Diagnostics partner to help make the health system work better for patients, physicians, health plans and employers . Co to pursue broader opportunities to increase use of insights from lab and related services to improve health care quality . Will become Optum's primary partner for member biometric screening services that optum provides to employers and health plans . Says its revenue services operations will become part of Optum360 .Operations, including approximately 2,400 quest employees, will move to Optum360 and continue to support quest customers.

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