Mergers & Acquisitions
MedAssets-Precyse has acquired clinical healthcare analytics and consulting firm Equation, and their new brand will be unveiled at the upcoming Healthcare Financial Management Association conference in Las Vegas later this month.
TeamHealth Holdings, a physician services organization, has acquired the operations of Tri-City Emergency Medical Group based in Oceanside, California.
Kindred Healthcare has completed the sale of two of its transitional care hospitals, licensed as long-term acute care hospitals, to Select Medical Holdings Corp., while also selling fours hospital to Select, the companies announced on Wednesday.
WellCare Health Plans has completed its acquisition of Advicare Corp.'s Medicaid business, which includes the transfer of approximately 30,000 members to WellCare of South Carolina.
Four well-known Wisconsin healthcare organizations, Affinity Health System, Columbia St. Mary's, Ministry Health Care and Wheaton Franciscan Healthcare, will integrate and form Ascension Wisconsin, the systems announced this week. The new system will be part of parent company Ascension, the largest nonprofit health system in the United States and the world's largest Catholic health system.
AmSurg Corp.'s Physician Services Division, known as Sheridan, on Wednesday said it has acquired Jandee Anesthesiology Partners and certain assets of Karadan Anesthesiology and Pain Management.
Missouri state regulators on Wednesday said they will not support Aetna's proposed $37 billion takeover of Humana, according to documents filed May 24 by John M. Huff, director of the Department of Insurance, Financial Institutions and Professional Registration for the state.
With the purchase finalized, Memorial Hermann plans to construct a new 123,000-square foot patient tower with 90 updated patient rooms.
Northwell Health, New York State's largest healthcare provider and private employer, and DaVita Kidney Care have announced a joint venture that will expand healthcare service to thousands in Queens and Long Island.
Hospital merger and acquisition activity held steady in the first quarter of 2016, according to data from Irving Levin Associates, though the total dollar volume of these deals dropped 67 percent to $1.2 billion.