Executives from Texas A&M University-San Antonio, Bryan-based Texas A&M Health and San Antonio-based University Health have partnered to expand care, medical training and research in South Texas and Bexar County.
Transactions & Valuation Issues
Atrium Health and Advocate Aurora Health closed on their formal combination Dec. 2, resulting in a newly combined $27 billion, 67-hospital system called Advocate Health — the fifth-largest nonprofit health system in the U.S.
The following are hospital and health system deals that were announced, completed or canceled in the month of November:
Minnesota's attorney general plans to host several public hearings in early 2023 to collect input on the proposed merger of Sanford Health and Fairview Health, the Star Tribune reported Nov. 22.
Teva Pharmaceuticals and AbbVie's Allergan followed the lead of retail pharmacy chains to allot billions of dollars to settle nationwide opioid lawsuits, according to North Carolina Attorney General Josh Stein.
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Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health have approved negotiations for a merger — nearly one decade after their first attempt fell through, the Star Tribune reported Nov. 15.
Walmart has reached a possible $3.1 billion opioid settlement with state and local governments, according to a Nov. 15 news release from the company.
The Illinois Health Facilities and Services Review Board unanimously approved a plan to change ownership for 10 Advocate Aurora facilities in the state covered by the system's plan to merge with Charlotte, N.C.-based Atrium Health, the Chicago Tribune reported Nov.…
Charleston, W.Va.-based Thomas Health will soon become part of West Virginia University Health System by the end of 2022.
Toledo, Ohio-based ProMedica plans to transfer the real estate and management of all its skilled nursing facilities with Welltower to the real estate investment company, effective Dec. 19, 2022.