Mergers & Acquisitions
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.
The complaint charges that the merger would eliminate the competition that has traditionally benefited patients.
Caravan has acquired the startup's tech, staff and customers.
Interest rates remain at historic lows and purchase price multipliers will likely be attractive to purchasers.
The joint venture will expand the primary care Medicare Advantage business of Humana subsidiary Partners in Primary Care.
The force driving change is data and consumer demand, expert says.
The hospitals cited persistent health inequities in the region despite effort and investment from the State of Illinois and the local community.