Mergers & Acquisitions

The deal would add two new affiliated hospitals to Northwestern, one of the largest systems in the region.

Smaller practices that may not have the capital to invest in systems and staff to manage the coding change may seek out mergers, joint ventures or other partnerships.

Children's & Women's Physicians of Westchester has 276 doctors in 57 locations throughout Connecticut, New York and New Jersey.

According to Irving Levin Associates, the bump could be due to a just-released proposal by the Centers for Medicare and Medicaid Services to raise the payment rate for inpatient psychiatric facilities.

A number of big deals, involving both for-profit and nonprofit health systems, have recently fallen apart amid pushback from regulators and skepticism from researchers, who note a lack of evidence about long-term quality and cost impacts.

The top M&A in the sector have already totaled more than $64 billion, according to the Healthcare M&A Information Source by Irving Levin Associates.

The deal comes five years after Humana spent $790 million to buy Concentra, a network of 300 urgent care and physical centers and 245 work-site clinics in 38 states.

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.