Mergers & Acquisitions
The 20 transactions in the quarter represent the highest number since the first quarter of 2020, when the COVID-19 pandemic began.
The organization will run 19 hospitals and 130 outpatient centers, and have nearly 14,000 team members.
Proceeds from the sale to Molina Healthcare will bolster its capital and satisfy lending obligations, the company says.
The agreement terminates a previous deal between Amedisys and Option.
Volumes remain at nearly twice the levels seen from 2018 to 2020, despite a modest 4% decline in recent months.
How being acquired by Kaiser affects Geisinger's autonomy, capital, health plan expansion and its ability to make healthcare easier.
The deal, estimated at $37 billion in assets, will likely be neutral to 2023's adjusted EPS, the insurer said.
Optum says demand for in-home care far exceeds the available supply, presenting an opening in the market.
BJC and Saint Luke's envision becoming the premier Midwest destination for patient care, clinical research and medical education.
While the acquisition is a boon for the new startup, Bright Health hopes the sale will bolster its uncertain financial position.