Mergers & Acquisitions
The decision was reportedly due to a change in leadership at Sanford Health, due to its former CEO leaving after refusing to wear a face mask.
The agreement is a "natural evolution" of the decades-long relationship between Joslin and Beth Israel, the organizations say.
RWJBH will make significant investments in Trinitas and expand its network of outpatient services.
Braven Health teams two of the largest provider systems in New Jersey with one of the largest insurers in the state.
Despite a dip in M&A activity in 2020, analysts predict the pent-up activity from the pandemic will "very likely" cause a surge in deals in 2021.
The new five-year partnership has a goal of providing access to quality care for vulnerable individuals in the state.
A second school of medicine campus will be built in Charlotte and a new critical care, ER and surgery tower will be constructed.
In making the announcement, neither system mentioned the controversy made public in a letter to the Michigan attorney general.
The deal is another in Molina's plan for strategic growth and to meet competition in the state Medicaid and federal government contracts business.
Beaumont's board is split on AdvocateAurora deal and has agreed to delay vote until members have further talks with physicians.