Mergers & Acquisitions
Nursing home that either merged or were acquired by major chains between 1993 and 2010 had more health deficiency citations than independent ones, according to a study published Monday in Health Affairs, though researchers said facilities that sold to chains were already struggling with quality issues.
Major for-profit hospital chain Universal Health Services on Tuesday announced plans to buy out a minority interest in six of its Las Vegas acute care hospitals currently held by a third party.
Community Health Systems' long-awaited spin-off of its rural health business into Quorum Health Corp. wrapped up on Friday. Quorum is now an independent public company, trading under the QHC ticker symbol on the New York Stock Exchange.
Aetna expects its proposed $37 billion acquisition of Humana to close during the second half of 2016, Chairman and CEO Mark Bertolini said during an investor call Thursday while commenting on the insurer's first quarter financial results.
Post Acute Medical will acquire HealthSouth Rehabilitation Hospital in Beaumont, Texas, from HealthSouth, a deal that is expected to be finalized on June 1.
In a joint partnership, Anthem Blue Cross and Blue Shield and Aurora Health Care will form the Wisconsin Collaborative Insurance Company, the companies have announced.
Almost every services sector of the U.S. healthcare industry saw higher levels of merger and acquisition activity in 2015, according to a new report by Irving Levin Associates.
If finalized, the affiliation would create an organization with 181 locations in Florida, Illinois, Indiana, Kentucky and Tennessee, employing more than 4,500 people and serving an estimated 150,000 patients.
Healthcare payment solution company SwervePay has acquired StatPayMD, a cost transparency group, in order to provide information and price transparency tools to consumers, the companies announced.
Rite Aid earned nearly $166 million and opened 23 health clinics in 2015, the company announced in what may be its last full-year earnings report before its scheduled takeover by Walgreens.