The parties reached a short-term agreement Wednesday. Members of the Public Health Trust that oversees Jackson agreed to renew their annual operating agreement with UHealth, valued at $141.6 million, according to the article. The systems also agreed to a separate, one-year deal in which Jackson will pay UHealth about $5.5 million for UHealth’s surgeons to operate at the Miami Transplant Institute.
Jackson health officials still want UHealth to commit to a long-term organ transplant exclusivity agreement. Jackson is currently designing a new tower to house its transplant center, valued at $484 million.
More articles on transaction and valuation issues:
UPMC challenges business advocacy group’s comments over WCA Hospital acquisition
California approves St. Joseph-Providence merger, but with conditions
Texas Health Resources acquires Atrium Medical Center
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.