Henry Powderly
AAC will acquire Sunrise House Foundation, which runs the New Jersey facility, and will invest $5 million in the 87,000-square-foot campus.
Good managers don't live in boxes. And at Utah's Intermountain Healthcare, it's pretty much mandated that they break out of them, especially when it comes to improving revenue cycle management.
The deal, which still needs regulatory approvals, would end the hospital’s relationship with Stony Brook University Hospital.
Fitch also raised concerns about the deal coming at a time when Tenet is still integrating Vanguard Health Systems, which it acquired for $4.3 billion in 2013.
More than 1,300 healthcare providers operate on the edge of the U.S. healthcare system. They are critical access hospitals, small facilities that have fewer than 25 beds and are often in remote, rural areas and provide needed care to smaller populations.
Participants in the program are expected to scale their value-based payments to 30 percent by 2016 and 50 percent by 2018.
Department of Justice says chain allowed patients to undergo radiation cancer treatment that was not supervised by radiation oncologists.
The top M&A in the sector have already totaled more than $64 billion, according to the Healthcare M&A Information Source by Irving Levin Associates.
Deal makes Tenet largest provider of ambulatory services in the United States.
While Congress weighs the sustainable growth rate repeal, insiders have taken to Twitter to voice support for the overdue change.