Mergers & Acquisitions

Peconic Bay Medical Center, and its parent system PBMC Health, became full members of the newly-rebranded Northwell Health's system when their CEO's signed a partnership agreement making Peconic Bay Medical Center its 21st hospital, Northwell announced earlier this week.

Aria Health System and Jefferson Health on Tuesday entered into a binding agreement to merge, a transaction expected to be completed this spring.

Real estate investment trust National Health Investors has acquired a 98-unit independent living community in Chehalis, Washington for $9.8 million, the company announced Tuesday.

Analytics firm Sentry Data Systems on Tuesday said it will buy Nashville-based Agilum Healthcare Intelligence, which focuses on similar financial analytics, for an undisclosed sum.

Anthem has proposed a $52.5 billion takeover of Cigna; Aetna pitched a $38.5 billion merger with Humana. If approved, the combined companies and the nation's largest insurer, UnitedHealth Group, would become the big three.

ASP Global has acquired InHome Medical Solutions, a Jacksonville, Florida-based distributor of wholesale medical products serving physicians and home health/hospice providers, for an undisclosed amount, ASP announced Tuesday.

Ireland-based Shire and Illinois-based Baxalta announced Monday they will be joining forces, merging in a deal estimated to be worth about $32 billion.

Newport Health and Northwell Health have combined forces in a new company, Health Connect Technologies, and DuPage Medical Group, an independent, multi-specialty physician group, has officially linked up with growth equity firm Summit Partners.

UPMC on Monday said it will partner with Health Catalyst to take on the rising cost of healthcare by commercializing the healthcare system's cost management technology.

Standard & Poor's has warned Anthem, Cigna, Aetna and Humana that the substantial debt needed to finance the proposed mergers between them may cause their credit ratings to fall.