The healthcare industry saw 252 merger and acquisition deals in August despite the COVID-19 surge, Bloomberg Law reported Sept. 29.
Transactions & Valuation Issues
LifePoint Health, an 84-hospital system based in Brentwood, Tenn., has been involved in several transactions in the last six months.
UVM Health Network will become the sole parent company of OneCare Vermont, a statewide ACO focused on Vermont's all-payer model.
The Federal Trade Commission's legal attempt to block two New Jersey health systems from combining is sprinkled with errors, hospital groups claimed in a Sept. 22 court filing.
The Federal Trade Commission has requested additional information from two Michigan health systems seeking approval to combine into a 22-hospital system with 64,000 team members.
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Lexington, Ky.-based Appalachian Regional Healthcare plans to acquire Paul B. Hall Regional Medical Center, a 72-bed hospital in Paintsville, Ky.
It has been a busy and successful two months of deal-making for Steward Health Care, a physician-owned hospital system based in Dallas.
Eastern Niagara Hospital in Lockport, N.Y., slated to close in 2023, is now listed for sale, according to The Buffalo News.
It has been a busy two months of acquisitions and sales for Dallas-based Steward Health Care.
Cigna renewed its contract with Edison, N.J.-based Hackensack Meridian Health, maintaining that the system's 17 hospitals and 500 facilities remain in-network for members.