Mergers & Acquisitions
There was only a slight year-over-year dip in transactions recorded during the second quarter, suggesting a continued strategic rationale.
The partnership would create a dominant health system across Michigan, Wisconsin and Illinois.
The stated goal is to drive better health outcomes, manage costs, improve affordability and boost engagement.
R1 will pay a reported $30 million for the revenue cycle management outsourcing division, as Cerner helps the company extend its RCM tools to its client base.
A lack of funding from the state means the four South Side hospitals will come up short in their plans to establish a new health system.
naviHealth will continue to work with its clients and members as a standalone entity aligned with OptumHealth.
Despite his high profile and the deep pockets of its investors, the Amazon, Berkshire Hathaway, JP Morgan Chase joint venture has so far shown limited progress on its aspirational tech-driven healthcare goals.
Hospital revenues fell 13% in March due to COVID-19, according to the company's flash report.
President Trump signs $2 trillion coronavirus bill that includes $100 billion for hospitals.
BMC takes on financially distressed ambulatory surgery centers and makes them viable, company says.