Dickinson County Healthcare, a single-hospital system with several clinics based in Iron Mountain, Mich., plans to join Marshfield (Wis.) Clinic Health System.
Transactions & Valuation Issues
St. Louis-based SSM Health has abandoned its plan to sell a Missouri hospital to Brentwood, Tenn.-based Quorum Health, according to the News Tribune.
VMG Health, the market leader in providing full-service healthcare advisory, consulting and transaction related services, is pleased to announce it is expanding services in the advisory division to support clients’ ever evolving needs.
Citing underperformance and "untenable" status quo, one of the largest investors in Healthcare Trust of America urged the company to launch a strategic review and explore a potential sale of its real estate trust.
The percentage of hospitals financially subsidizing their anesthesia groups has been reported in excess of 80% for many years and is expected to rise even more.
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Peoria, Ill.-based OSF HealthCare received approval from the state to acquire a majority ownership stake in Louisville, Ky.-based Kindred Healthcare's long-term care hospital in Peoria.
Long Beach, Calif.-based Molina Healthcare is acquiring AgeWell New York's Medicaid managed long-term care business.
Cigna is selling $5.75 billion of its international insurance businesses to the world's largest property and casualty insurer, Chubb.
Irving, Texas-based Christus Health and Texas A&M University College of Medicine signed a new affiliation agreement that will help Northern Texas recruit and train more physicians.
Nashville, Tenn.-based HCA Healthcare has sold five Georgia hospitals since August.