Mergers & Acquisitions
Provider performance intelligence is rapidly becoming a business lever, not just a compliance requirement.
In February, a new set of premerger notification rules went into effect that changed the information required.
The consolidation is happening three months after Prime acquired 8 Ascension hospitals.
Bankruptcy courts are still evaluating deals including those with Walgreens, Albertsons, Kroger and Giant Eagle.
The FTC has finalized rules to significantly expand the information required for filing a pre-merger notification, says Michael Ramey, managing principal of Strategic & Transaction Solutions at PYA.
CCA insures nearly 50,000 Massachusetts residents who are dually eligible for Medicare and Medicaid.
Northwell will become a 28-hospital system after integrating seven Nuvance hospitals in Connecticut and New York.
While the current climate is putting a "chill" on healthcare decision-making, hospital volumes and operating margins remain steady.
Duke has assumed operations at the Mooresville, North Carolina-based hospital and its related businesses.
Transaction is estimated to be worth about $3.7 billion.