Health Care Facilities

MedCath Corporation (Nasdaq: MDTH), a healthcare provider focused on high acuity healthcare services, today announced  that it has entered into definitive agreements relating to the sale of Arkansas Heart Hospital and Heart Hospital of New Mexico. MedCath Corporation announced today it has entered...

Merger activity decreased slightly last week with seven new deals announced and two closing. With four multi-billion dollar deals announced last week, according to Bloomberg 2011's global M&A activity now amounts to a total to $843 billion, a 23 percent increase from a year earlier. Deal...

In a recent report, Morgan Keegan has lowered the price target on Emeritus (NYSE: ESC) from $31.00 to $29.00 but maintained their Outperform rating after 1Q results were shy of Morgan Keegan's estimates. In the report, Morgan Keegan said, "We continue to believe Emeritus is well-positioned to...

Sunrize Senior Living (NYSE: SRZ) Reports Q1 Revenues of $320.7M vs. $305.44M Estimate

Morgan Keegan has lowered the price target on Emeritus Corporation (NYSE: ESC) from $31 to $29 and maintains its Outperform rating.

Below are the top small-cap specialized health services stocks on the NYSE, the NASDAQ and the AMEX in terms of revenue. The trailing-twelve-month revenue at Providence Service Corporation (NASDAQ: PRSC) is $879.70 million. PRSC's ROE for the same period is 31.28%. The trailing-twelve-month...

Emeritus (NYSE: ESC) Reports EPS of $(0.51) vs. $(0.32) Estimate; Revenues $300.2M vs. $300.1M Estimate

Citi has downgraded its rating from Buy to Hold and has lowered its price target from $17 to $12 on Sun Healthcare Group (NASDAQ: SUNH). According to Citi, “We are lowering our investment rating on SUNH from Buy/High Risk (1H) to Hold/Speculative Risk (2S). Despite the recent sell-off in the...

Citigroup has downgraded Sun Healthcare (NASDAQ: SUNH) from Buy to Hold and has lowered the price target from $17 to $12.

Emeritus Corporation (NYSE: ESC), a national provider of senior living services, today announced that the Company has entered into a purchase and sale agreement with affiliates of Blackstone Real Estate Advisors to acquire 24 assisted living communities comprised of approximately 1,867 units. The...

HealthSouth Corporation (NYSE: HLS) today announced it has entered into a definitive agreement to purchase substantially all assets of Drake Center's inpatient rehabilitation services and sublease space for the operation of a 38-bed inpatient rehabilitation hospital. It will be fully owned and...

Health Management Associates, Inc. (NYSE: HMA) announced today that it is reaffirming its annual diluted EPS from continuing operations objective range of between $0.74 and $0.78 for fiscal year 2011.

Brookdale Senior Living (NYSE: BKD) will report first quarter earnings before the open next Tuesday, May 10, followed by a conference call at 10 AM EDT to discuss the results. Morgan Keegan's cash from facility operations estimate is $0.56 versus $0.46 in the prior year period. Since this metric is...

Morgan Keegan's EPS estimate on RadNet (NASDAQ: RDNT) of ($0.03) is $0.03 above the First Call consensus and up from ($0.09) in the prior year period. Morgan Keegan believes a better measure of RadNet profitability is adjusted EBITDA. It has modeled $26.2 million versus $20.5 million in the prior...

Jefferies & Co. is lowering its price target on shares of Skilled Healthcare Group (NYSE: SKH) to $16 from $17, and it has a Buy rating on shares following earnings. In a note to investors, Jefferies writes, "Solid Q1 results highlight the success that SKH continues to have in adjusting to the...