Mergers & Acquisitions

NYU Langone Medical Center and Winthrop-University Hospital have signed a non-binding letter of intent that would unite the two prominent organizations in the creation of an integrated healthcare network for the New York metro area.

One day after Providence Health and Services and St. Joseph Health began operating as a combined nonprofit entity, and the newly-formed health and social services system -- dubbed Providence St. Joseph Health -- said Wednesday that it will use a $100 million investment to create the Institute for Mental Health and Wellness.

Cloud-based healthcare supply chain management company Global Healthcare Exchange has acquired Omaha, Nebraska-based H-Card (Hap-X), an automated payment management outfit.

The new brand offers a single enterprise solution that include analytics, consulting, health information management and revenue cycle management.

The two systems will join forces on clinical programs and research.

Health Care Authority approval exempts hospital merger from federal and state antitrust laws.

Standard and Poor's Global Ratings confirmed its ratings on Washington's Providence Health and Services and California-based St. Joseph Health System will not be affected by the California Attorney General's approval for a merger to proceed.

California's insurance commissioner on Thursday recommended that federal officials block Aetna Inc.'s proposed $37 billion acquisition of Humana Inc., saying the deal would suppress market competition and harm consumers.

Kindred Healthcare and the Arkansas Department of Health have signed a definitive agreement for Kindred to acquire in-home healthcare operations from ADH for about $39 million, which includes licenses to provide home health, hospice and personal care services throughout the state of Arkansas.

Shelley Rouillard, director of the state Department of Managed Health Care, said she reached an agreement with Aetna that should help keep future rate increases to a minimum and improve the quality of patient care.