Anthem and Atlanta-based Northside Hospital System are reviewing an in-network contract that affects 400,000 patients, but a deadline is still looming as an agreement has yet to be reached, WSB-TV reported Nov. 8.
Transactions & Valuation Issues
Houston-based Memorial Hermann Health System issued a formal contract termination notice to Blue Cross and Blue Shield of Texas, setting the stage for upcoming contract negotiations.
A coalition of attorneys general is urging an appellate court to block the merger of Edison, N.J.-based Hackensack Meridian Health and Englewood (N.J.) Health.
Dallas-based Tenet Healthcare and one of its subsidiaries have entered into a definitive agreement to acquire Towson, Md.-based SurgCenter Development.
Here are 18 deals among hospitals that occurred in the last month, as reported by Becker's.
As UnitedHealthcare and Greenville, S.C.-based Prisma Health continue to spar over renewing contracts, the parties' accounts of the negotiation process are also divided.
Schenectady, N.Y.-based Ellis Medicine and Albany, N.Y.-based St. Peter's Health Partners signed a provider transition agreement, which will make 170 Ellis providers employees of St. Peter's Health Partners Medical Associates.
Cincinnati Children's is expanding into northern Kentucky by acquiring River Hills Pediatrics, a physician practice that has offices in Alexandria, Southgate and Florence.
Centene is selling its majority stake in U.S. Medical Management, a home-based primary care provider.
As the healthcare landscape changes at a rapid rate, physician practices are seeking ways to remain clinically independent while growing and remaining competitive.