Mergers & Acquisitions

Healthcare services company MedAssets will be sold to Pamplona Capital Management in a $2.7 billion deal that will boost its revenue cycle business and result in its group purchasing organization being sold off, the companies announced Monday.

AmSurg on Monday afternoon said it has withdrawn its higher cash offer for TeamHealth, blaming TeamHealth board members for failing to engage with the company. Earlier in the day, AmSurg has said TeamHealth had until Tuesday to respond to the offer.

Pharmaceutical giant Pfizer is reportedly poised to buy Botox-maker Allergan, in what would be one of the biggest takeover deal this year, according to The Wall Street Journal.

Rite Aid has worked to expand its RediClinics, walk-in health centers, while Walgreens has aggressively expanded its walk-in clinic business.

Though physician services provider TeamHealth has turned down a $7.8 billion takeover bid by AmSurg, analysts on Wall Street think the deal is probably in the best interest of the company.

America's Health Insurance Plans on Wednesday called former Secretary of State Hillary Clinton's stance against major insurance company consolidation misguided, and suggested that the presidential candidate focus on other issues plaguing healthcare instead.

A new study in the Journal of the American Medical Association has found higher healthcare prices for outpatient care linked to the financial integration between physicians and hospitals.

Prime Healthcare Services continues to target small systems to add to its portfolio, announcing plans on Wednesday to acquire River Valley Health Partners in Ohio for an undisclosed sum.

TeamHealth rejected a $7.8 billion bid by ambulatory surgery giant AmSurg on Tuesday, saying the unsolicited bid undervalues the company.

Major for-profit ambulatory surgery operator AmSurg on Tuesday said it has offered $7.8 billion to TeamHealth Holdings to merge the companies.