Minnesota Attorney General Keith Ellison has asked Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health System to slow down their proposed merger, the Star Tribune reported Jan. 25.
Transactions & Valuation Issues
El Centro (Calif.) Regional Medical Center is looking to a merger to stay afloat after its acting CEO and CFO resigned, the Imperial Valley Press reported Jan. 25.
Aurora, Colo.-based UCHealth and Parkview Health System on Jan. 24 signed an agreement to merge in mid-2023.
The U.S. Department of Veterans Affairs is in the process of acquiring the closed Norman (Okla.) Specialty Hospital for nearly $3.3 million, with plans of turning the building into a new VA hospital, The Norman Transcript reported Jan. 24.
Louisville, Ky.-based ScionHealth has completed the acquisition of Dallas-based Cornerstone Healthcare Group, adding 15 specialty hospitals, eight senior living locations and about 3,000 providers to its network.
Advertisement
Despite hospital consolidation concerns, "growth is critical" to the success of Yale New Haven Health, and its planned 3-hospital acquisition will benefit patients in the state, CEO Christopher O'Connor told the Hartford Courant.
Franklin, Tenn.-based Community Health Systems has agreed to sell Plateau Medical Center in Oak Hill, W.Va. to Vandalia Health System, according to the Register-Herald.
Almost half of the more than 400 executives surveyed in a recent Mercer report on workplace trends said they will be looking at strategic partnerships as a way of harnessing talent in a challenging macro environment.
When there's less competition, prices are higher. That's one fundamental principle of economics that applies to all markets, and this is especially true in healthcare, where American hospitals are the driver of the rising cost of care, Barak Richman, PhD, professor…
Here are five recent opioid cases, all of which settled for or have proposed settlements of at least $83 million: