shareholders news from FierceHealthcare

Tenet Healthcare Corporation's (NYSE: THC) board issued a "poison pill" move to fend off rival hospital chain Community Health System's (NYSE: CYH) $7.3 billion bid to purchase it, the Tennessean Read more...

Community Health Systems has agreed to sell nine of its hospitals to Capella Hospitals, a much-smaller company which currently owns and operates five facilities of its own. The nine facilities, which Read more...

> Shareholders have approved the $5.1 billion sale of Triad Hospitals to Community Health Systems. The combined company will operate more than 140 facilities in 28 states. Article

> Working with the N.C. State Health Plan, Blue Cross and Blue Shield of North Carolina has doled out $800,000 in pay-for-performance bonuses. …

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> Even though the company's paying a fraud settlement, Tenet Healthcare shareholders will have trouble suing, thanks to a hand from the Securities and Exchange Commission. Article

> The state of Massachusetts is launching an ad campaign in conjunction with the Boston Red Sox baseball team encouraging citizens to enroll in a health plan. …

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Long-term care provider Genesis HealthCare is fighting to gain shareholder approval for a proposed buyout by investors, hoping to win shareholders back after an adverse recommendation by an advisory firm put the deal in doubt. Genesis, which operates more than 200 skilled nursing centers and assisted living residences in addition to providing contract rehab services to 600 providers, has been offered $63 per share by private equity firms Formation Capital and JER Partners. However, the …

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> After several months of wrangling over a counter-offer from Express Scripts, CVS shareholders have agreed to merge with Caremark Rx. Article

> A new report by the California HealthCare Foundation suggests that racial, cultural and ethnic factors often dictate what kind of end-of-life care California patients receive. …

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HCA has decided to roll with the transparency trend. Over the next few months the hospital chain will begin making prices for its services publicly available, starting with hospitals in Dallas, San Antonio and Austin, Texas. HCA expects to start disclosing prices in Tennessee over the next few months, and should roll out the program to all of its 165 U.S. hospitals by this summer. Prospective patients will be able to check out prices for common procedures by following a link on the …

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In the newest attack in the increasingly ugly battle for control of Caremark Rx, rival PBM Express Scripts--currently the spurned suitor--called a dividend offer from drugstore chain CVS a "desperate attempt to save a flawed transaction.". Following yesterday's offer by Express Scripts to take over Caremark, valued at $24.8 billion to $25 billion, depending on whose numbers you believe, CVS sweetened its bid by offering a special cash dividend of $2 per share to Caremark shareholders, …

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HCA has settled with a group of shareholders trying to block the planned sale of the company to a group of private investors. The settlement, which still must be approved by a judge, involves no direct cash payout, though HCA has agreed to pay the shareholders' attorney fees. HCA also agreed to …

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Cerner shareholders gathered to discuss the company's fortunes this morning and Wall Street is nervous. Cerner shares are up slightly this morning after an up and down week. Analysts have rated the company a strong buy because of its relatively dominant position in the healthcare IT market at a time when interest in the sector is growing. Skeptics wonder if competition may erode that advantage. Meanwhile, Business 2.0 has named the company to its list of the top 100 fastest growing companies. Article