Mergers & Acquisitions
A new study in the Journal of the American Medical Association has found higher healthcare prices for outpatient care linked to the financial integration between physicians and hospitals.
Prime Healthcare Services continues to target small systems to add to its portfolio, announcing plans on Wednesday to acquire River Valley Health Partners in Ohio for an undisclosed sum.
TeamHealth rejected a $7.8 billion bid by ambulatory surgery giant AmSurg on Tuesday, saying the unsolicited bid undervalues the company.
Major for-profit ambulatory surgery operator AmSurg on Tuesday said it has offered $7.8 billion to TeamHealth Holdings to merge the companies.
Aetna said it expects the transaction will be completed in the second half of 2016 pending conditions, federal review and regulatory approval.
The health systems intend to collaborate to increase the number of insurance plans under which Tri-City Healthcare District is an authorized provider, according to UC San Diego Health.
While providing medical services to the public has traditionally been seen as a domestic business, recent acquisitions of British healthcare concerns by Tenet Healthcare and Acadia Healthcare suggest that more U.S. healthcare providers are looking overseas for growth.
The health systems have signed a non-binding, 90 day letter of intent to integrate Aria into Jefferson Health, they announced Tuesday.
As healthcare mergers continue to pick up pace due to industry conditions that favor large-scale systems, it can be a difficult transition when organizations with different work cultures are forced to combine.
St. Luke's Cornwall Hospital in New York has joined the Montefiore Health System in a merger expected to strengthen specialty care in New York's Hudson Valley, the system announced on Monday.