Mergers & Acquisitions
The deal brings together 11 hospitals, 30,000 employees and 9,000 physicians.
Once bitter rivals, healthcare providers in same markets are finding it's better to keep their enemies close, sharing services, health plans and purchasing power among them.
Healthcare Trust of America said it invested a total of $190 million into the Boston, Charleston, Indianapolis and Raleigh markets in the second quarter, buying up a range of healthcare facilities.
Harvard Drug Group mainly distributes generic pharmaceuticals and pulled in more than $450 million in revenue in fiscal 2014.
If the $37 billion cash-and-stock deal is approved as a whole by regulators, Humana will bring Aetna's membership to more than 33 million.
The move expands Prospect's reach into New England -- it owns and operates 13 hospitals and 40 clinics in California, Texas and Rhode Island.
Under terms of the deal, the companies will build a new, freestanding center for the 40-bed Bernsen Rehabilitation Center in Tulsa.
Hospital gains a 50-bed hospital and 152-bed nursing and rehabilitation center.
This is the second acquisition by Bolder Healthcare Solutions this month.
Renowned New Jersey system says changing healthcare market forced the decision.