Providence St. Mary Medical Center and Kaiser Permanente expressed disappointment with conditions set by the California attorney general on their proposed partnership that involves building a new hospital, The Victorville Daily Press reported Jan. 25.
Transactions & Valuation Issues
Mike Nixon, chair of the Tehachapi (Calif.) Valley Healthcare District, wants Roseville, Calif.-based Adventist Health to buy a hospital owned by the district, Tehachapi News reported Jan. 23.
Five deals between two health systems have been recently announced or completed in the last couple months.
Birmingham, Ala.-based Encompass Health will make its home health and hospice business into an independent, publicly traded company, named Enhabit Home Health & Hospice.
The Association of American Medical Colleges and the Association of Academic Health Centers have approved a merger agreement.
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Pennington, N.J.-based Capital Health and Trenton, N.J.-based St. Francis Medical Center have signed a definitive agreement to move forward with Capital Health's plan to acquire the Trinity Health hospital.
Twelve transactions involving health systems and hospitals have been announced, finalized or called off since Jan. 1:
The proposed merger among Lifespan, Care New England and Brown University — all based in Providence, R.I. — would increase the economic impact of the academic medicine sector from $8.2 billion in 2020 to $11.5 billion by 2035, an independent…
Blue Cross Blue Shield of North Dakota was selected by the state's Department of Human Services to provide coverage to residents under the state's Medicaid Expansion program.
Hoag Memorial Hospital Presbyterian in Newport Beach, Calif., and Providence, a Catholic health system based in Renton, Wash., will end their affiliation by Jan. 31.