Mergers & Acquisitions
Hospitals and health systems are trying to compete with national health insurers and outpatient medical care providers by achieving scale and competing for market share.
The health systems touted the benefit of better leverage to negotiate deals with insurers when the proposed merger was announced in August.
Health IT investment shattered prior records and IT M&A and valuations were at all-time highs, according to Healthcare Growth Partners report.
The mutual decision to enter into a definitive agreement is the next step toward CNE becoming part of Partners HealthCare.
Knee-deep in the integration process, Robert Musslewhite says the company will be focusing on analytics, best practices, research and broadening its portfolio of services.
The transaction will deny shareholders their right to fully share equitably in the true value of the company, according to the court document.
Brown President Christina Paxson announces joint merger proposal with Prospect Medical Holdings in a letter to Brown community Thursday.
The approximately $5 billion Philadelphia health system gains 3,000 employees, more than 1,000 active physicians and expands its reach into densely-populated central New Jersey.
Haven said it is earmarking $11.3 million to convert the facility into a psychiatric hospital.
Adfinitas Health currently partners with 14 hospitals and more than 40 post-acute facilities in Maryland, Virginia and Michigan.