Mergers & Acquisitions

Pharmaceutical giant Pfizer on Sunday said it would merge with Botox maker Allergan in a $160 billion deal that would shift the company's executive offices to Ireland in a tax-saving "inversion" deal that is sure to come under heavy regulatory scrutiny.

The new organization would be comprised of eight hospitals, a network of ambulatory sites, two established accountable care organizations, more than 1,700 aligned physicians and providers and a continuation of the academic relationship with The Warren Alpert Medical School of Brown University.

The third quarter of 2015 was a busy one for hospital mergers, joint ventures and acquisitions, according to a new report by financial advisory firm Ponder & Co., with 28 deals announced.

Prime Healthcare Services has won in its bid for the financially struggling Saint Michael's Medical Center in Newark, New Jersey, according to Saint Michael's Board of Directors.

According to the CareCloud Practice Profitability Index, about 59 percent of owners surveyed said they were not planning to sell or merge, an uptick compared to the 54 percent who said the same thing last year.

GE Healthcare has acquired advisory firm The Camden Group, adding its more than 2,000 health organization customers to its consulting business in the United States and solidifying its position in the health sector.

Cabell Huntington Hospital proposed acquiring St. Mary's Medical Center located three miles away.

Tenet Healthcare Corp. will sell two hospitals and 19 physician practices to Duke LifePoint for an undisclosed sum, the for-profit healthcare provider announced on Tuesday.

Healthcare Corp. of America this week said it will add 14 urgent care centers in Las Vegas to its network with the acquisition of the Nevada operations of Urgent Care Extra.

Two health plans in Michigan, HealthPlus of Michigan and Health Alliance Plan, said on Monday they plan to merge, forming one of the largest plans in the state while bailing out the struggling HealthPlus business.