Mergers & Acquisitions
The California attorney general is reviewing the proposed change in control and governance of two nonprofits, California-based St. Joseph Health System and Providence Health & Services, based out of Washington.
Computer Programs and Systems, which provides healthcare information solutions to rural and community hospitals, will buy technology vendor firm Healthland Holding and its affiliates for $250 million, the company announced.
Acquisition represents a strategic fit for Bard as it enhances its position in the home care market.
Vizient Inc., which becomes official on Jan. 1, 2016, will provide services to close to 30 percent of U.S. hospitals, including nearly all academic medical centers and health systems
Pharmaceutical giant Pfizer on Sunday said it would merge with Botox maker Allergan in a $160 billion deal that would shift the company's executive offices to Ireland in a tax-saving "inversion" deal that is sure to come under heavy regulatory scrutiny.
The new organization would be comprised of eight hospitals, a network of ambulatory sites, two established accountable care organizations, more than 1,700 aligned physicians and providers and a continuation of the academic relationship with The Warren Alpert Medical School of Brown University.
The third quarter of 2015 was a busy one for hospital mergers, joint ventures and acquisitions, according to a new report by financial advisory firm Ponder & Co., with 28 deals announced.
Prime Healthcare Services has won in its bid for the financially struggling Saint Michael's Medical Center in Newark, New Jersey, according to Saint Michael's Board of Directors.
According to the CareCloud Practice Profitability Index, about 59 percent of owners surveyed said they were not planning to sell or merge, an uptick compared to the 54 percent who said the same thing last year.
GE Healthcare has acquired advisory firm The Camden Group, adding its more than 2,000 health organization customers to its consulting business in the United States and solidifying its position in the health sector.