Mergers & Acquisitions
Advocate Health Care and the NorthShore University Health System will square off against the Federal Trade Commission in federal court in Chicago in Monday as regulators move to block their pending merger.
Northwestern Memorial HealthCare and Centegra Health System are considering a possible affiliation, the companies said Wednesday.
It also needs green light from 23 other states.
Physicians Realty Trust, a healthcare properties REIT, will buy 52 medical office facilities in a deal worth $724.9 million, the Trust said.
Facing new measures by the U.S. Treasury to thwart tax-evading deals, drugmaker Pfizer has officially jettisoned its $160 billion agreement to buy Allergan, according to published reports.
The sale of Tenet Healthcare Corporation's five Atlanta-area hospitals and related operations to WellStar Health System in exchange for $575 million in cash is complete, the company announced Friday. The sale is effective as of March 31, 2016.
A Community Health Systems subsidiary has gained 80 percent ownership interest in Physicians' Specialty Hospital, a 20-bed facility in Fayetteville, Arkansas, CHS announced Friday.
The Barnabas Health and Robert Wood Johnson Health Systems merger is complete, with the new combined system having been named RWJBarnabas Health. The announcement was made late Thursday afternoon in a statement issued by the newly combined system.
The Michael J. Fox Foundation for Parkinson's Research and the Parkinson's Action Network have announced plans to integrate. MJFF made the announcement in a statement, saying that PAN will cease to operate as an independent organization, and will merge into the Foundation.
Mergers and consolidations should be saving hospitals money from having benefits of scale, but a new report by PwC finds this isn't the case.