Lakeview Center, a behavioral health provider in Pensacola, Fla., plans to end its affiliation with Pensacola-based Baptist Health Care, according to the Pensacola News Journal.
Transactions & Valuation Issues
After a previous contract expired Dec. 1, 2020, Anthem and Bon Secours Southern Virginia Medical Center in Emporia, Va., reached an agreement for the insurer to be in-network effective July 1.
The University of California Board of Regents voted to adopt a new policy June 24 that may phase out the partnerships and affiliations it has with hospitals that impose religious restrictions on care, according to The Sacramento Bee.
The Medical University of South Carolina plans to buy three hospitals, a freestanding emergency room and affiliated physician practices owned by Brentwood, Tenn.-based LifePoint Health.
Southfield-based Beaumont Health and Grand Rapids-based Spectrum Health are preparing for a proposed merger, and the Michigan health systems view it as a chance to improve care accessibility and affordability for the communities they serve.
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Zing Health announced it is acquiring Pennsylvania-based Lasso Healthcare Insurance, a move that expands the Medicare Advantage plan provider's footprint to 32 states and Washington D.C.
Highlands Medical Center in Scottsboro, Ala., signed a letter of intent to join the nine-hospital Huntsville (Ala.) Hospital Health System effective Oct. 1, according to a June 23 news release.
Through a clinical integration, East Carolina University and Vidant Health — both in Greenville, N.C. — are creating a new health system brand in eastern North Carolina.
Medical Properties Trust plans to enter into a sale leaseback transaction as part of Dallas-based Steward Health Care's deal to buy five hospitals currently owned by Dallas-based Tenet Healthcare, the real estate investment firm said June 23.
In the 12 months through May 15, the healthcare industry has seen six megadeals valued at more than $5 billion, according to a report released June 22 by PwC.