Mergers & Acquisitions

Cabell Huntington Hospital proposed acquiring St. Mary's Medical Center located three miles away.

Tenet Healthcare Corp. will sell two hospitals and 19 physician practices to Duke LifePoint for an undisclosed sum, the for-profit healthcare provider announced on Tuesday.

Healthcare Corp. of America this week said it will add 14 urgent care centers in Las Vegas to its network with the acquisition of the Nevada operations of Urgent Care Extra.

Two health plans in Michigan, HealthPlus of Michigan and Health Alliance Plan, said on Monday they plan to merge, forming one of the largest plans in the state while bailing out the struggling HealthPlus business.

Healthcare services company MedAssets will be sold to Pamplona Capital Management in a $2.7 billion deal that will boost its revenue cycle business and result in its group purchasing organization being sold off, the companies announced Monday.

AmSurg on Monday afternoon said it has withdrawn its higher cash offer for TeamHealth, blaming TeamHealth board members for failing to engage with the company. Earlier in the day, AmSurg has said TeamHealth had until Tuesday to respond to the offer.

Pharmaceutical giant Pfizer is reportedly poised to buy Botox-maker Allergan, in what would be one of the biggest takeover deal this year, according to The Wall Street Journal.

Rite Aid has worked to expand its RediClinics, walk-in health centers, while Walgreens has aggressively expanded its walk-in clinic business.

Though physician services provider TeamHealth has turned down a $7.8 billion takeover bid by AmSurg, analysts on Wall Street think the deal is probably in the best interest of the company.

America's Health Insurance Plans on Wednesday called former Secretary of State Hillary Clinton's stance against major insurance company consolidation misguided, and suggested that the presidential candidate focus on other issues plaguing healthcare instead.