Mergers & Acquisitions
Consolidation seen as an uphill battle for the commercial insurance giants.
Analysts speculate a Republican-led Department of Justice could affect antitrust reviews of both mergers.
Parent companies' boards have appointed Rob Coppedge as CEO, will lead the combined strategic investment company.
Financial terms of the deal were not disclosed; two systems already partnering on Home Care and Satellite Rehabilitation facilities.
Kindred had previously announced a plan to exit its skilled nursing facilities business, or renew the current lease on its unpurchased facilities through 2025.
Executive team should assess organization's strengths, weaknesses, growth opportunities in revenue and value, Deloitte says.
In a call with investors on Wednesday, CHS CEO Wayne Smith said the company expects to raise $1.2 billion through the sale of its hospitals and other assets.
Practices are making frequent use of satisfaction surveys, cutting wait times, but more extended hours are needed, results show.
Deal shifts day-to-day operations management of LifePoint's home health agencies and hospices, as well as all future home health and hospice acquisitions, to LHC Group.
Federal and state officials had raised the concern that both health systems operate hospitals in the northern suburbs of Chicago.