2015: The year's biggest Hospital Management stories

Capital One Financial to buy General Electric Capital's healthcare-related finance business for $9bn, St Jude Children's Research Hospital opens the world's first proton therapy centre in US, while CVS Health acquires Omnicare. Hospital management.net wraps up the key headlines from 2015.


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Lucile Packard Children's Hospital Stanford plans $1.1bn expansion in US

Lucile Packard Children's Hospital Stanford in the US planned a $1.1bn expansion in order to boost its service capabilities.

The plan, which proposes a 521,000ft² expansion will nearly double the size of the current facility and add 149 patient beds.

The expansion and new main building will increase access to America's most advanced and family friendly hospital for children and expectant mothers.

CVS Health acquires Omnicare for $12.9bn

US-based CVS Health completed the acquisition of Omnicare for $12.9bn, which provides pharmacy services to long-term care facilities.

The deal was first announced by both firms in May last year. Under the deal, CVS Health paid $98 per Omnicare share in cash, which includes $2.3bn in debt.

Based in Cincinnati, Ohio, Omnicare offers comprehensive pharmaceutical services to patients and providers across the US.

Capital One to buy GE's HFS US lending business for $9bn

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US-based Capital One Financial signed an agreement with General Electric Capital (GE Capital) to purchase its healthcare-related loans and Healthcare Financial Services (HFS) US lending business for $9bn.

GE Capital, Healthcare Financial Services offers financing solutions to healthcare companies, sponsors, investors and developers in the US.

The company provides solutions across different healthcare sectors, comprising senior housing, hospitals, medical offices, outpatient services, pharmaceuticals and medical devices.

UK hospitals get £1.8bn sustainability and transformation fund

The UK Department of Health (DH) announced a £1.8bn sustainability and transformation fund, which will give the National Health Service (NHS) the resources it needs as part of a five-year plan to sustain services.

The fund will also help to achieve a financial balance for challenged hospitals and will focus on changing the way they provide high quality care for patients.

It will also help fulfil the NHS's plan for the future, which the government promised to fund at the election with an additional £10bn.

St Jude opens first proton therapy centre for children

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St Jude Children's Research Hospital opened the world's first proton therapy centre in Memphis, Tennessee, US, which is dedicated to treating children with cancer.

The new centre, St Jude Red Frog Events Proton Therapy Center, was built with an investment of $90m.

When designing the centre, St Jude Department of Radiation Oncology chair Thomas Merchant and other researchers worked closely with Hitachi, which produced the hospital's proton beam system.


Organ donation rate drops in UK, says new report

The number of people donating organs decreased by 5% in the UK, according to new statistics from the Organ Donation and Transplantation Activity Report.

NHS Blood and Transplant published the report, which revealed the number of transplants decreased from 4,655 in 2013/14 to 4,431 in 2014/15.

Of the total transplants carried out, 1,092 were supported by living donors who gave a kidney or part of their liver, while 3,339 patients received organs donated after death.

South Korea closes two hospitals to restrict spread of MERS disease

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South Korea closed two hospitals that treated patients with Middle East respiratory syndrome (MERS), in a bid to restrict the spread of the disease in the country.

Approximately 126 people in the country have been infected with the respiratory disease and nearly 11 died, after the first person was diagnosed with the disease in May 2015, reported Reuters.

According to government officials, the two facilities have been sealed with approximately 133 people inside, including patients and staff.

Baptist Health Jacksonville deploys germ-zapping robots to improve safety

US-based Baptist Health Jacksonville deployed new germ-zapping robots, which use ultraviolet (UV) light to eradicate bacteria, viruses, mould and other pathogens.

Initially, Baptist Health bought seven Xenex Disinfection Services' germ-zapping robots that will be deployed across its hospitals.

Baptist Health executive vice-president John Wilbanks said: "These robots provide another added layer of protection for our patients and team members, and are part of Baptist Health's initiative to reduce hospital-acquired infections.

TeamHealth to buy IPC Healthcare for $1.6bn

US-based TeamHealth Holdings signed an agreement to acquire national acute hospitalist and post-acute provider IPC Healthcare, for an enterprise value of $1.6bn.

Under the deal, IPC Healthcare will receive $80.25 per share from TeamHealth.

TeamHealth president Mike Snow said: "Through this combination, TeamHealth will be better positioned to capitalise on key trends as the US healthcare industry moves toward value-based reimbursement with an increased focus on post-acute care and services."

Safety a major concern in UK hospitals, says Care Quality Commission

Safety was considered a major concern in the UK's NHS Trust, with one in ten hospitals and adult social care providers (13%) lacking in this aspect, the Care Quality Commission (CQC) said in its annual report.

In addition, 6% of primary medical services were also found inadequate for safety and 61% of the hospitals required improvement.

Inadequate safety has occured from various factors, including a failure to properly investigate and learn from incidents and errors, low staff numbers and staffing mix, failure to undertake safety checks and staff not being able to raise concerns.