President Joe Biden will nominate privacy expert Alvaro Bedoya to serve as a commissioner of the Federal Trade Commission, the White House announced Sept. 13.
Transactions & Valuation Issues
In a deal announced Sept. 8, Nashville, Tenn.-based HCA Healthcare plans to sell off 47 home health locations, hospices and therapy agencies across 22 states to Lafayette, La.-based LHC Group.
Augusta, Ga.-based University Health Care System's board approved its plan to join Atlanta-based Piedmont Healthcare this week, The Augusta Chronicle reported Sept. 9.
Many healthcare systems are seeing another rise in COVID cases. Further fine-tuning of your claims cycle can mitigate the effects of erratic claims volumes on revenue during the pandemic.
Evanston, Ill.-based NorthShore University HealthSystem and Naperville, Ill.-based Edward-Elmhurst Health plan to merge under a new parent organization, the systems said Sept. 8.
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Pittsburgh-based Highmark Health Plan completed its acquisition of Gateway Health Plan on Sept. 7, according to the Pittsburgh Post-Gazette.
Nine transactions involving hospitals and health systems have been announced, finalized or advanced in the last month:
University Health Care System in Augusta, Ga., is closing in on a definitive agreement to join Piedmont Healthcare in Atlanta, University Health CEO Jim Davis said, The Augusta Chronicle reported Sept. 2.
A proposed merger between two Michigan health systems — Beaumont Health and Spectrum Health — took a step forward this week as the two organizations signed a formal integration agreement.
Louisville, Ky.-based Baptist Health and Evansville, Ind.-based Deaconess Health System officially joined forces Sept. 1 to operate a rural Kentucky hospital, according to The Dawson Springs Progress.