Mergers & Acquisitions
Under the terms of the agreement, Blackstone and its co-investors will pay $43.50 per share in cash for all outstanding shares of TeamHealth common stock.
Many high-scoring hospitals reversed lower scores in prior ratings periods.
Anthem and Cigna spent a combined $3.4 million, double the $1.2 million spent by Aetna and Humana.
HCA will sell its Oklahoma hospitals and terminate its lease of a children's hospital as other systems announced plans for an integrated network.
Merger talks are expected to continue into 2017, systems said.
Both hospital sales are expected to close in December pending regulatory approvals.
September court decision granting injunction against the deal dealt crushing blow, systems said.
Almost Family will take over an 80 percent stake in the healthcare giant's home health division as CHS continues to shrink its portfolio.
Deal will be funded with available cash, and is due to close by first quarter 2017, company says.
The terms of the transaction, which is expected to close in early 2017, were not disclosed.