A contract between Springfield (Ill.) Clinic and Blue Cross Blue Shield of Illinois is ending Aug. 19, and both sides are at odds over who is to blame.
Transactions & Valuation Issues
City of Hope, a cancer research and treatment provider based in Duarte, Calif., has acquired Pacific Shores Medical Group, according to an Aug. 9 news release.
A group of firefighters from Virginia to Maryland rallied outside of Fredericksburg, Va.-based Mary Washington Hospital on Aug. 7 amid calls for an agreement between Mary Washington Healthcare and Cigna.
Wenatchee, Wash.-based Confluence Health announced Aug. 3 it will not renew its contract with Premera Blue Cross.
A New Jersey federal court on Aug. 4 granted the Federal Trade Commission's bid to block the planned merger of Edison, N.J.-based Hackensack Meridian Health and Englewood (N.J.) Health.
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The 619-bed Huntington Hospital in Pasadena, Calif., on Aug. 4 finalized its affiliation with Los Angeles-based Cedars-Sinai Health System.
Ten transactions involving hospitals and health systems have been announced, finalized or advanced in the past three weeks:
San Joaquin General Hospital in French Camp, Calif., signed a letter of intent to begin negotiations on a long-term affiliation agreement with CommonSpirit Health's Dignity Health, the California hospital announced Aug. 2.
The Valley Health System, a six-hospital system in Las Vegas owned by King of Prussia, Pa.-based Universal Health Services, acquired a seventh hospital, according to an Aug. 2 news release.
Atlanta-based Northside Hospital has solidified a new contract agreement with UnitedHealthcare, effective Aug. 1.