Mergers & Acquisitions
RWJBarnabas has begun a number of partnerships in recent months, including with Saint Peter's Healthcare System and Trinitas Regional Medical Center.
Anthem is acquiring InnovaCare's Puerto Rico-based subsidiaries, as well as a Medicaid plan.
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Advancing portfolios to remain competitive will be the catalyst for M&A rather than efforts to offset customer pricing pressure.
Analysts predict that the uptick will continue and that this year could be record-setting for physician practice deals.
The data will be used in a study to assess how physician practice mergers and hospital acquisitions of physician practices affect the marketplace.
Forty-four percent of healthcare CFOs say the pandemic will drive an increase in partnerships across the healthcare ecosystem.
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The sale will let Walgreens focus on its retail pharmacy and healthcare businesses, which in recent months have included a foray into primary care.
Patient care at the local level will remain intact, but will benefit from expanded services connecting people to more specialized care.