Health Care Facilities

Dynacq Healthcare Inc (NASDAQ: DYII) shares surged 23.41% to $2.53. DYII's shares have dipped 40.23% over the past 52 weeks, while the S&P 500 index has gained 8.69% in the same period. New Concept Energy Inc (AMEX: GBR) jumped 13.54% to $3.69 at 10:15 am. GBR's shares have fallen 44.06% over...

Deutsche Bank is out with a research report this afternoon, where it reiterates its Buy rating on LifePoint Hospitals (NASDAQ: LPNT); it has a $146.00 price target on the stock. The Deutsche Bank analysts cited a successful issuance of $400M of 6.625% Senior Notes due 2020, thereby allowing LPNT...

Psychiatric Solutions, Inc. (NASDAQ: PSYS) today announced that its stockholders have voted to approve the previously announced merger agreement providing for the acquisition of PSI by Universal Health Services, Inc. (NYSE: UHS). Approximately 96.6% of the shares voting at today's Special Meeting...

MedCath Corporation (Nasdaq: MDTH) announced today the completion of sales involving its interests in two hospitals, Arizona Heart Hospital and Avera Heart Hospital of South Dakota. The sales mark MedCath's first completed transactions since it announced the formation of a Strategic Options...

Health Management Associates, Inc. (NYSE: HMA) today announced that subsidiaries of Health Management acquired the 413-bed Wuesthoff Health System for approximately $152 million, which includes amounts for working capital adjustments. The transaction is effective as of October 1, 2010. The...

RadNet, Inc. (Nasdaq: RDNT) today reported it has completed the previously announced acquisition of Image Medical Corporation, parent of eRAD, Inc. In September 2010, the Company executed a definitive purchase agreement to acquire Image Medical Corporation, the parent of eRAD, Inc., for $10.75...

AdCare Health Systems, Inc. (ADK) has closed the previously announced purchase agreement for two privately-held nursing homes in Gladsden, Alabama for $18.5 million. The two facilities have a total of 306 beds, which currently generate about $18 million in annualized revenue and are expected to be...

Assisted Living Concepts, Inc. (NYSE: ALC) announces the expansion and extension of a loan agreement with TCF National Bank. The revised loan agreement increases the loan from $14.0 million to $26.25 million and extends the maturity from June 12, 2014 to September 30, 2015. The loan bears interest...

Assisted Living Concepts, Inc. (NYSE: ALC) announces the expansion and extension of a loan agreement with TCF National Bank. The revised loan agreement increases the loan from $14.0 million to $26.25 million and extends the maturity from June 12, 2014 to September 30, 2015. The loan bears interest...

Oppenheimer & Co. is positive on the hospital sector, and in particular, Community Health Systems (NYSE: CYH). In the research report, Oppenheimer writes, "Operationally, the hospitals continue to perform well. Although volume growth is down from last year due to tough comps, we believe it is...

Shares of VCA Antech, Inc. (NASDAQ: WOOF) are higher on the session by 0.29%, currently trading at $20.52. The stock has been moving largely lower over the past six months, after breaking down through the 200-day and 50-day moving average. Options traders are betting that the stock pops soon,...

HealthSouth Corporation (NYSE: HLS) today announced that it plans to commence a public offering of senior notes pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (SEC). The Company intends to use the net proceeds from this offering of senior...

Sunrise Senior Living (NYSE: SRZ) today announced the promotion of Greg Neeb, Sunrise's chief investment officer, to the position of chief investment and administrative officer, and the appointment of David Haddock to the position of general counsel and secretary. Both appointments will be...

Morgan Keegan discusses healthcare REITs, as it attended the 20th annual conference of the National Investment Center for the Seniors Housing & Care Industry. It discusses such companies as Brookdale Senior Living Inc. Co. (NYSE: BKD). In the research note, Morgan Keegan writes, "For...

Shares of Tenet Healthcare Corporation (NYSE: THC) are higher on the session by 1.43%, currently trading at $4.27. The stock has been moving largely lower over the past six months, off from a recent high near $6.50. Options traders are betting on upside in the name for a second day in a row. A...