Somerset Private Hospital is due to open in mid-2021
Cura Day Hospitals Group is taking on its first greenfield development project with an acquisition that will offer world-class healthcare in Sydney’s western suburbs.
Cura has bought a majority stake in a new private hospital being built in Penrith, due to open in mid-2021.
It aims to reduce waiting lists, lower travel time for elective surgery, address a growing demand for private health services, and help alleviate pressure on the local health system.
Australia’s largest private provider of facilities specialising in day services, formed in 2008, will now have a portfolio of 25 hospitals nationwide and six in New South Wales.
Fresenius Medical Care Given Second Chance As PPDA Orders Fresh Tendering of Dialysis Services
The Public Procurement and Disposal of Assets Authority (PPDA) has given second chance to controversial South African owned dialysis operator Fresenius Medical Care (FMC).
In a letter to secretary of health dated February 1, PPDA has been ordered to retender the procurement of dialysis services across the country.
Our investigations can reveal that FMC previously had lost both the technical and financial evaluations for the same.
In another letter, PPDA even rejected ministry of health’s proposal to give contract to Fresenius for operating dialysis clinic at Kamuzu Central Hospital (KCH) citing massive irregularities in the manner in which the award was done.
Company
Fresenius SE & Co. KGaA specializes in designing, producing, and selling medical drugs, equipment, and devices used in clinical hospitalization and at home. Net sales break down by activity as follows:
- dialysis treatment (49.2%; Fresenius Medical Care): sales of equipment for hemodialysis, pediatric dialysis, peritoneal dialysis, dialysis services, etc.;
- hospital administration and engineering (31.4%;.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
CIT Serves as Sole Lead Arranger on $16.1 Million Financing for Acquisition of Dialysis Center Portfolio
February 4, 2021 GMT
(PRNewsfoto/CIT Group Inc.)
NEW YORK, Feb. 4, 2021 /PRNewswire/ CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers.
Cypress West Partners acquired the portfolio of six newly constructed built-to-suit dialysis centers in Meridian, McComb and Jackson, Mississippi; Lake Charles, Louisiana; Sacramento, California; and Bellmead, Texas. The facilities are occupied by Fresenius Medical Care, a leading dialysis provider.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Cove Capital Acquires Fresenius Medical Care Dialysis Facility in New Orleans
Cove Capital Investments, LLCFebruary 4, 2021 GMT
LOS ANGELES, Feb. 04, 2021 (GLOBE NEWSWIRE) Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of the Fresenius Medical Care dialysis facility located at 704 Belle Terre Blvd., LaPlace, Louisiana 70068 (the “Property”). The Property was acquired on December 31, 2020.
The Property is a net-leased asset held in one of Cove Capital’s popular Delaware Statutory Trusts (“DSTs”), which offers investors seeking to potentially mitigate risk, the opportunity to easily invest and participate in 1031 exchange passive DST investments. Specifically, the Property constitutes the single asset in Cove Capital’s latest medical net-lease investment offering: Cove LaPlace Dialysis 26 DST, a regulation D, Ru