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.…
Transactions & Valuation Issues
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.
The physician medical group sector remains a hot transaction space that outperforms expectations each quarter. This sector’s strong prospects are driven by interest from private equity groups, health systems, and value-based care organizations. However, before buyers operate in this robust…
Youturn Health, a virtual behavioral health support program, has teamed up with Sure Med Compliance, a digital healthcare company for pain management risk mitigation, for a new behavioral health and substance misuse education platform.
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Arlington, Va.-based Privia Health has formed a joint venture with Novant Health Enterprises, a division of the Winston-Salem, N.C.-based health system, to launch Privia Medical Group – North Carolina.
The following are hospital and health systems deals that were announced, completed or canceled in the month of October:
For $5 billion, CVS Health will settle all lawsuits — some that have lasted more than a decade — accusing the retail pharmacy chain of fueling the opioid epidemic. Walgreens also plans to settle its lawsuits for $4.95 billion over…
Urbana, Ill.-based Carle Health signed a strategic affiliation agreement with Peoria, Ill.-based UnityPoint Health - Central Illinois and Des Moines, Iowa-based UnityPoint Health.
Portland-based MaineHealth's specialists, facilities, and hospitals will be in-network with New York-based Taro Health's insurance plans beginning on Nov. 1, according to an Oct. 26 news release shared with Becker's.