Jan 4 (Reuters) - Envision Healthcare Corp ::ENVISION HEALTHCARE PROVIDES BUSINESS & GOVERNANCE UPDATE.- AFFIRMS GUIDANCE FOR Q4 2017 EARNINGS.- BOARD APPOINTS JAMES D. SHELTON LEAD INDEPENDENT DIRECTOR.ENVISION HEALTHCARE - J.P. MORGAN SECURITIES, EVERCORE AND GUGGENHEIM SECURITIES ADVISING BOARD IN REVIEW OF STRATEGIC ALTERNATIVES.ENVISION HEALTHCARE - WILL PROPOSE CHARTER AND BYLAW AMENDMENTS FOR ANNUAL DIRECTOR ELECTIONS AND ADOPTION OF PROXY ACCESS.ENVISION HEALTHCARE - CURRENTLY ESTIMATES THAT CO WILL REALIZE NET PROCEEDS OF ABOUT $2.1 BILLION AS A RESULT OF LOWER EFFECTIVE TAX RATE FOR 2018.Q4 EARNINGS PER SHARE VIEW $0.49, REVENUE VIEW $1.96 BILLION -- THOMSON REUTERS I/B/E/S.ENVISION HEALTHCARE - ANTICIPATES REDUCED OVERHEAD EXPENSES WILL REALIZE ABOUT 50 BASIS POINTS OF IMPROVEMENT IN OPERATING MARGIN FOR 2018.
Dec 27 (Reuters) - PIHLAJALINNA OYJ ::PIHLAJALINNA WILL RELEASE INFORMATION ON ITS NEW STRUCTURE IN EARLY 2018.SAYS AFTER CHANGE OF CEO, PLANNING REQUIRES MORE TIME.
Dec 6 (Reuters) - UnitedHealth Group Inc ::DAVITA MEDICAL GROUP TO JOIN OPTUM.OPTUM - AGREEMENT, ENTERED INTO ON DECEMBER 5, 2017, CALLS FOR OPTUM TO ACQUIRE DAVITA MEDICAL GROUP FOR APPROXIMATELY $4.9 BILLION IN CASH.OPTUM - FOLLOWING TRANSACTION, DAVITA MEDICAL GROUP WILL BECOME PART OF OPTUM'S OPTUMCARE DIVISION.OPTUM - DAVITA PLANS TO USE PROCEEDS FROM DEAL FOR SIGNIFICANT STOCK REPURCHASES OVER 1 TO 2 YRS AFTER CLOSE OF DEAL, AS WELL AS TO REPAY DEBT, OTHERS.OPTUM - JOE MELLO, COO OF DAVITA MEDICAL GROUP, WILL CONTINUE IN LEADERSHIP ROLE IN COMBINED ENTITY, AS WILL DAVITA MEDICAL GROUP LEADERSHIP TEAM.
Nov 6 (Reuters) - Tenet Healthcare Corp ::Tenet reports results for the third quarter ended September 30, 2017.Q3 adjusted loss per share $0.17 from continuing operations.Q3 loss per share $3.63 from continuing operations.Q3 earnings per share view $-0.38 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $0.59 to $0.74 from continuing operations.Sees Q4 2017 adjusted earnings per share $1.20 to $1.35 from continuing operations.Tenet Healthcare Corp - qtrly net operating revenues $ 4,586 million versus $4,849 million last year.Tenet Healthcare Corp - Tenet's same-hospital exchange admissions were 4,856 in Q3 of 2017, down 6.8 percent from Q3 of 2016.Tenet Healthcare Corp - same-hospital exchange outpatient visits were 49,089 in Q3 of 2017, up 4.3 percent from Q3 of 2016.Tenet Healthcare sees Q4 revenue of $4.8 billion to $5.0 billion, excluding about $10 million of revenue from co's health plans.Tenet - Q3 net loss from continuing operations attributable to shareholders included $329 million pre-tax impairment and restructuring charge.Tenet - Q3 net loss from continuing operations attributable to shareholders included $104 million pre-tax gain on sale of former Houston assets.Tenet - Q3 net loss from continuing operations attributable to shareholders also included $138 million pre-tax loss from early extinguishment of debt assets.Tenet - special items collectively lowered lowered diluted earnings per share by approximately $3.46 in quarter.
Nov 2 (Reuters) - HCP Inc ::HCP announces transactions to further reduce Brookdale portfolio concentration.HCP Inc - agreed to sell its remaining investments in ridea ii senior housing joint venture to an investor group led by CPA for $332 million.HCP - intends to use proceeds from dispositions primarily to repay debt and for general corporate purposes.HCP - Ridea ii joint venture owns 49 communities, of which 46 are managed by Brookdale senior living.
Oct 31 (Reuters) - Envision Healthcare Corp :Envision Healthcare reports 2017 third quarter financial results.Q3 adjusted earnings per share $0.73 from continuing operations.Q3 earnings per share $0.33 from continuing operations.Q3 revenue $1.99 billion versus I/B/E/S view $1.99 billion.Q3 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.Envision Healthcare Corp - for Q4 of 2017, envision expects to generate revenue of $1.88 billion to $2.02 billion.Envision Healthcare Corp - for Q4 of 2017, Envision expects adjusted EPS of $0.44 to $0.54.Q4 revenue view $2.07 billion -- Thomson Reuters I/B/E/S.Envision Healthcare - board of directors unanimously decided to initiate full review of broad range of alternatives to "enhance" shareholder value.Envision Healthcare Corp says "board believes that a review at this time - with all options on table - is in best interests of Envision shareholders".
Oct 18 (Reuters) - Pacific Smiles Group Ltd :Proposes restructure of Pacific Smiles Dental Centre located in Sydney's west.Proposed changes will result in a one-off EBITDA impact of $2.6 million in current period.Announces acquisition of 100 percent of everything dentures.Does not expect proposed restructure & acquisition to materially impact underlying performance of business in FY2018.
Oct 17 (Reuters) - Mediclinic International Plc ::FY MARGIN EXPECTATIONS FOR SOUTH AFRICAN BUSINESS (NOT FOR COMPANY) REMAIN IN LINE WITH PREVIOUS GUIDANCE, BROADLY STABLE ON PRIOR YEAR, AT AROUND 21%.TEAMS IN SOUTH AFRICA, SWITZERLAND IMPLEMENTED COST SAVINGS PROGRAMMES, PRODUCTIVITY INITIATIVES TO HELP MARGINS DURING H2.
Oct 16 (Reuters) - Brookdale Senior Living Inc : :Brookdale provides update on the impact of natural disasters; announces leadership change.Brookdale Senior Living Inc - provided an update on impact of hurricanes Harvey and Irma and Northern California wildfires.Brookdale Senior Living Inc - approximately 20 of company's California communities are being affected by wildfires.Brookdale Senior Living Inc - expects a negative impact from hurricanes to adjusted EBITDA of about $12 million to $13 million for 2017.Brookdale Senior Living Inc - so far, none of communities have suffered major damage from wildfires.Brookdale Senior Living Inc - estimates that to incur additional about $13 million to $14 million of capitalized costs for physical plant remediation.Brookdale - estimates to incur about $5 million to $6 million of physical plant remediation costs during Q4 of 2017 & remainder in 2018.