Mergers & Acquisitions
The Federal Trade Commission announced it is joining forces with the Pennsylvania Attorney General's Office to block the merger of Penn State Hershey Medical Center with the PinnacleHealth System.
Healthcare juggernaut Kaiser Permanente announced Friday they have inked a deal to acquire the Seattle-based Group Health Cooperative in a deal that will expand Kaiser's reach by roughly 509,000 members and add an entirely new region of coverage.
The struggling Daughters of Charity Health System will finally change hands after California Attorney General Kamala D. Harris on Thursday granted conditional approval for its $250 million bailout by Integrity Healthcare and BlueMountain Capital Management.
The nonprofit Prime Healthcare Foundation will buy the Memorial Hospital of Salem County from Community Health Systems, the healthcare providers announced this week.
The partnership is expected to help deliver a broad scope of value-based healthcare solutions.
Tenet had been looking to sell the hospitals for some time.
The California attorney general is reviewing the proposed change in control and governance of two nonprofits, California-based St. Joseph Health System and Providence Health & Services, based out of Washington.
Computer Programs and Systems, which provides healthcare information solutions to rural and community hospitals, will buy technology vendor firm Healthland Holding and its affiliates for $250 million, the company announced.
Acquisition represents a strategic fit for Bard as it enhances its position in the home care market.
Vizient Inc., which becomes official on Jan. 1, 2016, will provide services to close to 30 percent of U.S. hospitals, including nearly all academic medical centers and health systems