Mississippi Hospital Files for Bankruptcy
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Q2
Mississippi Hospital Files for Bankruptcy
Greenwood (Miss.) Leflore Hospital filed for Chapter 9 bankruptcy protection April 15, a hospital spokesperson confirmed to Becker’s. The filing comes days after a WARN notice was sent to employees informing them the hospital could close June 15 if it is unable to stabilize its finances. The hospital also recently announced it was laying off
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Lightyear Capital Closes $2.5B Fund VI Above Target
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Lightyear Capital Closes $2.5B Fund VI Above Target
Lightyear Capital has closed Lightyear Fund VI LP at approximately $2.5 billion in capital commitments, surpassing its $1.75 billion target and marking a 60 percent increase over its $1.6 billion predecessor fund. Fund VI builds on Lightyear’s 25-year track record of investing in companies operating at the intersection of financial services and technology, healthcare, and
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FDA’s FY 2027 Legislative Proposals Include Game Changers for Life Science Private Equity
The U.S. Food and Drug Administration’s fiscal year 2027 budget justification includes more than 20 legislative proposals spanning drug and biologic approval pathways, supply chain oversight, advertising standards and enforcement authorities. The full package addresses topics ranging from food safety to tobacco regulation, but the subset of proposals most relevant to life science investors include
Court Denies Shareholder’s Bid to Force UnitedHealth to Report on Acquisition Impact
A federal judge on April 15 denied a Canadian faith-based group’s request to force UnitedHealth Group to include a shareholder proposal in its upcoming proxy materials. The group, Mission Fund, had asked UnitedHealth’s board to publish a report describing the healthcare consequences of its acquisitions over the past 10 years. UnitedHealth declined to include the
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One Call Completes Acquisition of Data Dimensions, Establishing Foundational Infrastructure for the Healthcare Ecosystem
One Call, a technology-enabled leader in connected care coordination and workflow intelligence for the healthcare industry, announces the completion of its acquisition of Data Dimensions, an electronic data interchange (EDI), clearinghouse and technology services provider serving healthcare, insurance and government markets. With the transaction complete, the organizations will now begin operating as a single, unified