Mergers & Acquisitions
Lakewood Hospital, like others, has fewer patients and they aren't staying as long -- which can cut into revenues.
The system is designed to extend the expertise of Jefferson clinicians to suburbanites through telehealth, urgent care centers and Abington's three community hospitals and clinics.
ProMedica merged with Maumee, Ohio community hospital of St. Luke's in 2010, before a lower court ruled that it created a monopoly in the region.
Net income for Brentwood, Tennessee-based LifePoint increased 5 percent year-over-year to $38.9 million, as revenue surged 25 percent to $1.2 billion.
The health system is losing around $6 million a month, and may or may not be able to find a buyer after for-profit hospital chain Prime backed out of an $843 million takeover deal.
"It has become necessary to build scale to meet community health needs well into the future," says Lancaster General CEO Thomas Beeman.
Optim operates a critical access hospital in Reidsville, Georgia, as well as an ambulatory center in Savannah.
Nobilis said the acquisition helps the firm to add an in-network hospital for its patients and providers.
The move boosts Illinois Health and Science’s development of a new, high-capacity radiopharmaceutical production facility in Indianapolis.
As it designs a merged network with academic and community care, Georgia's largest health system is lining up value-based payment deals.