Health Care Facilities

Jefferies & Company has published a research report on Kindred Healthcare (NYSE: KND) after the company showed its transaction with RehabCare Group (NYSE: RHB) should be accretive near-term. In the report, Jefferies writes "With the acquisition of RehabCare (RHB, $37.05, NC), KND is now...

Jefferies & Company has raised the price target on Kindred Healthcare (NYSE: KND) from $25 to $30 and maintains its Buy rating.

RehabCare Group (NYSE: RHB) reported fourth quarter EPS of $0.66 ($0.69 including a hospital sold on January 1), “well ahead of our $0.59 estimate,” Morgan Keegan reports. “Revenues of $339 million beat our $336 million estimate,” Morgan Keegan writes. “The 13.0% EBITDA margin topped our estimate...

By 10:50 am, the Dow Jones Industrial Average was up 28.49 points, or 0.23%, to 12,190.12, while the broader Standard & Poor's 500 index had gained 2.06 points, or 0.16%. The NASDAQ composite index rose 1.62 points, or 0.06%. Some of the narrow based indexes that are supporting the markets are...

Shares of Kindred Healthcare (NYSE: KND) are higher on the session by 25.51%, trading at $24.45. Overall call volume is now running at 88.23x the daily average, with 27% of all calls traded being purchases on the offer. 1,147 contracts have traded on the session so far. Kindred Healthcare, Inc. is...

Rehabcare Group Inc (NYSE: RHB) jumped 46.25% to $37.25 at 10:00 am. Kindred Healthcare (NYSE: KND) agreed to purchase RHB for around $900 million in cash and stock. Oculus Innovative Sciences Inc (NASDAQ: OCLS) shares advanced 28.26% to $2.36. OCLS received a new FDA 510(k) clearance for its...

Kindred Healthcare, Inc. (NYSE: KND) and RehabCare Group, Inc. (NYSE: RHB) today jointly announced the signing of a definitive merger agreement under which Kindred will acquire RehabCare. Under the terms of the merger agreement, each stockholder of RehabCare common stock will receive $26 per share...

Tenet Healthcare Corporation (NYSE: THC) and Aetna (NYSE: AET) announced today that they have signed a new multi-year agreement. Under this agreement, which took effect January 1, 2011, members of Aetna commercial and Medicare Advantage health plans will be able to continue receiving covered...

Morgan Keegan left its Skilled Healthcare Group (NYSE: SKH) Outperform rating and $14 price target unchanged in a research report published today. In the report, Morgan Keegan states, "We believe that Skilled Healthcare Group can grow earnings by providing high-acuity medically complex services to...

Morgan Keegan left its HealthSouth (NYSE: HLS) Outperform rating and $25.50 price target unchanged in a research report published today. In the report, Morgan Keegan states, "Last month, HealthSouth announced that fourth quarter discharges were up 5.3% and net revenues per discharge rose 2.5%-2.7...

Morgan Keegan left its VCA Antech (NASDAQ: WOOF) $18 price target and Market Perform rating unchanged in a research report published today. In the report, Morgan Keegan states, "Long term we expect VCA Antech to maintain strong internal growth for its scalable veterinary lab business and internal...

Tenet Healthcare Corporation (NYSE: THC) today announced it signed a multi-year agreement with UnitedHealthcare Community Plan of Pennsylvania that covers Hahnemann University Hospital and St. Christopher's Hospital for Children in Philadelphia, PA. The agreement also covers physicians employed by...

Pioneer Behavioral Health (NYSE: PHC), a leading provider of inpatient and outpatient behavioral health services, announced today that it will release its 2011 fiscal second quarter financial results, for the period ended December 31, 2010, on February 14, 2011 after the market close.

To provide coverage to two Philadelphia hospitals, Tenet Healthcare Corporation (THC) has agreed to sign with Keystone Mercy Health Plan (MHP), which is a Medicaid managed care program in Philadelphia. However, the financial terms of the deal were not disclosed. Keystone MHP serves more than...

To provide coverage to two Philadelphia hospitals, Tenet Healthcare Corporation (THC) has agreed to sign with Keystone Mercy Health Plan (MHP), which is a Medicaid managed care program in Philadelphia. However, the financial terms of the deal were not disclosed. Keystone MHP serves more than...