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Monthly Archives: August 2011

Akorn Inc. (AKRX) Posts Q1 Figures, Updates Outlook to Reflect Pending Acquisition

Akorn Inc., a niche generic pharmaceutical company, reported financial results for the first quarter of 2011, reflecting inclusion of revenues from the company’s Akorn-Strides LLC joint venture. Consolidated revenue for the first quarter of 2011 increased 24 percent to $25.4 … Continue reading

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D. Medical Industries Ltd. (DMED) Signs Deal with Edgepark Medical Supplies and Independence Medical to Distribute Infusion Sets

D. Medical Industries Ltd., an Israeli medical device company engaged through its subsidiaries in the research, development, manufacture and sale of innovative products for diabetes treatment and drug delivery, announced today that it has worked out a deal to distribute … Continue reading

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Mon General Hospital Selects Merge Healthcare, Inc. (MRGE) for Cardiology Imaging

Merge Healthcare, Inc. recently announced that it had been selected by West Virginia hospital Mon General for cardiology imaging and information solutions. Mon General will be replacing their current cardiology imaging systems with equipment from Merge. In addition to imaging … Continue reading

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TGC Industries, Inc. (TGE) Posts Improved Q2 Results, Driven by Strength in U.S. Operations

TGC Industries, Inc., a provider of seismic data acquisition services with operations throughout the continental United States and Canada, today posted its financial results for the second quarter and first half of fiscal 2011. Revenues increased 34% to $30.2 million … Continue reading

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AdCare Health Systems (ADK) Sets Second Quarter 2011 Conference Call for Thursday, August 11, 2011 at 5:00 p.m. ET

AdCare Health Systems, Inc., a leading nursing home and assisted living provider, will hold a conference call on Thursday, August 11, 2011 at 5:00 p.m. Eastern time to discuss results for the second quarter ended June 30, 2011. Financial results … Continue reading

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AdCare Health Systems (ADK) Sees No Meaningful Medicare Revenue Impact from CMS 2012 Rate Changes

AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living for seniors, has determined that after reviewing the final rule on Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities for FY2012 as issued by The … Continue reading

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Aga Group Acquires Allied Healthcare (AHCI) for $175M

Allied Healthcare International Inc., a leading homecare provider of health and social care in the UK and Ireland, announced it will be acquired by Saga Group Ltd. for $175 million, or $3.90 per share, representing a premium of 59% to … Continue reading

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