Tag:

Rex Healthcare

Latest Headlines

Latest Headlines

Hospital's surprise takeover bid could signal a turning M&A tide

Raleigh, N.C.-based WakeMed Health and Hospitals has made an unsolicited and potentially hostile takeover bid for Rex Healthcare in a deal that may foreshadow other surprising hostile takeover

NC hospital will pay $1.9 million over false claims

Rex Healthcare, a 655-bed hospital in Raleigh, N.C., has agreed to pay $1.9 million plus interest back to the U.S. to settle allegations that it overbilled Medicare by ordering higher-cost services

WakeMed heats up over rival's alleged misuse of public funds

An intrastate rivalry is brewing in North Carolina, where WakeMed Health & Hospitals--one of the state's biggest private providers--has accused publicly owned UNC Health Care (and UNC-owned Rex