Mergers & Acquisitions
Deal makes Tenet largest provider of ambulatory services in the United States.
Banner finished 2014 with $8.8 billion in total assets.
However, the 2016 presidential election and potential legislative changes could shift the regulatory landscape and affect certain sectors of healthcare, a trend that could throw off M&A.
Actavis said the newly combined company, which will take on the Allergan name, is expected to net $23 billion in sales in 2015.
The acquisition gives Constellation a foothold in New York, New Jersey and Florida.
The nine-hospital Massachusetts-based health system owned by Cerberus Capital Management, lost $52 million in 2013 on $2.1 billion of revenue, according to data disclosed to the Massachusetts Center for Health Information and Analysis.
When Healthcare Finance last year asked experts to name the top industry trends, they selected insurance exchanges, mergers and acquisitions, new payment models, and technology. Things don't look much different in 2015.
The Consult Inc. this week said it will buy Physician Management Information Services for an undisclosed price.