May's top stories: Lifeways-Care UK deal, Mednax to buy vRad for $500m
Lifeways Group has purchased Care UK's learning disability division, Mednax agrees to acquire radiology physician services and telemedicine firm, Virtual Radiologic (vRad), for $500m and Community Health Network will invest $235m to build a new hospital and cancer centre in Indianapolis. Hospitalmanagement.net wraps up key headlines from May.
Specialist care provider Lifeways Group purchased Care UK's learning disability division, which supports 1,000 people with living, residential care and day services.
Care UK divested the learning disability division, in a bid to focus on the development of primary and secondary NHS health services, as well as residential care services.
Care UK chief executive Mike Parish said: "By focusing our strategy and investment, we are able to enhance our market leading services to meet the needs of our customers, patients and service users."
US-based medical group Mednax signed an agreement to acquire radiology physician services and telemedicine firm, Virtual Radiologic (vRad), for $500m.
vRad provides radiology services to 2,100 client hospital, health system and radiology group facilities across the US and internationally.
Mednax CEO Dr Roger Medel said: "We believe vRad is an excellent platform for growth in teleradiology and the broader telemedicine market.
"Radiology is a large, fragmented industry with total revenue of roughly $18bn, and it is evolving rapidly to include teleradiology as an economic and clinical necessity for customers."
US-based Community Health Network unveiled plans to invest $235m to build a new hospital and cancer centre in Indianapolis.
The hospital will be constructed on the campus of Community Hospital East with an investment of $175m, while the new $60m cancer centre will be developed at Community Hospital North.
Community Health Network president Bryan Mills said: "At Community Hospital East, we realised building a new hospital for the future was, in the end, a better avenue than renovating antiquated buildings meant for a different time in our history.
"At Community Hospital North, increases in patient volume dictated the need for a new cancer centre. Our commitment to Indianapolis remains strong."
US-based inpatient rehabilitative hospitals operator HealthSouth completed the acquisition of Cardinal Hill Rehabilitation Hospital in Lexington, Kentucky.
Terms of the deal, which was first announced in February 2015, were not disclosed.
Cardinal Hill facility includes 158 licensed inpatient rehabilitation beds and 74 licensed skilled nursing beds. The hospital is said to provide inpatient rehabilitation, skilled nursing, outpatient rehabilitation and home health services.
Missouri state governor Jay Nixon, along with local officials, broke ground on a new psychiatric hospital in Fulton, US.
The development of the facility will involve an investment of $211m and is expected to open by the end of 2017.
The project will include the construction of a new administration building and auditorium, as well as development of vocational and recreational rehab facilities, modern dietary services and installation of an effective heating and cooling system.
Luxembourg-based General Mediterranean Holding (GMH) Group plans to develop a new Iraqi-German Ibn Hayyan Hospital in Baghdad, Iraq.
Expected to open later in 2015, the project was announced in January 2013.
To be built to meet European and worldwide standards, the new facility will offer advanced medical facilities for residents in the region.
Situated close to the banks of River Tigris, the facility will feature 58,700m² of space that will include 360 beds and several clinics.
Mebex Consultants, a healthcare planning, architectural and engineering services consultancy designed and is supervising the project.
DPR Construction broke ground on a new outpatient medical centre in Pasadena, California, US, which will involve a $60m investment.
DPR is the general contractor for Shriners Hospitals for Children Medical Centre that is expected to open in mid-2017.
The outpatient care facility, which is being built in partnership with CO Architects and SRG, will include an ambulatory surgical centre.
The centre will house Shriners Hospitals for Children Medical Centre's clinical, diagnostic, outpatient surgery and rehabilitation units.
Thumbay Group UAE opened a new healthcare facility in Al Qusais, Dubai, in a bid to offer affordable services in the region.
Providing ultra-modern facilities, Thumbay Hospital is a private teaching facility that is affiliated to Gulf Medical University.
Developed to offer patient-centred care, the facility is part of the Thumbay Group and GMC Hospitals.
The new facility includes 150 beds, of which 75 beds are operational and provides services such as orthopaedics, radiology, paediatrics, obstetrics and gynaecology, as well as internal medicine.