Eden Prairie, Minn.-based Optum secured its second partnership agreement in a matter of days with a healthcare system to take over its revenue cycle management and information technology operations.
Transactions & Valuation Issues
University of Chicago Medicine and AdventHealth began 2023 with closure of their joint venture, leaving UChicago Medicine with controlling interest in four AdventHealth hospitals in Illinois.
Huntington, W.Va.-based Mountain Health Network, Huntington-based Marshall Health and Logan (W.Va.) Regional Medical Center are partnering to bring specialty care to Southern West Virginia.
Charleston, W.Va.-based Saint Francis Hospital will close its emergency department Feb. 1, FOX11 reported Jan. 6.
Worcester, Mass.-based UMass Memorial Health and Gardner, Mass.-based Heywood Healthcare have called off merger plans, the Boston Business Journal reported Jan. 6.
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Dallas-based Medical City Healthcare, a division of HCA Healthcare, is in exclusive acquisition talks with Decatur, Texas-based Wise Health System's board of directors.
Butler (Pa.) Health System and Greensburg, Pa.-based Excela Health System have finalized their merger, creating a five-hospital system that will serve about 750,000 patients.
Clearwater, Fla.-based BayCare Health System has finalized its acquisition of Tampa-based Northside Behavioral Health Center after seven years of managing the mental health center.
LCMC Health finalized its $150 million purchase of three hospitals from HCA Healthcare Jan. 3 after securing approval from the Louisiana Department of Justice.
Charleston (W.Va.) Area Medical Center, part of Vandalia Health, acquired Ronceverte, W.Va.-based Greenbrier Valley Medical Center from Community Health Systems Jan. 1, according to MetroNews.