A Michigan employer group is expressing concern about the proposed merger between Spectrum Health and Beaumont Health, which would create a new 22-hospital system, according to MiBiz.
Transactions & Valuation Issues
Brentwood, Tenn.-based LifePoint Health signed a definitive agreement to acquire Louisville, Ky.-based Kindred Healthcare.
Nine transactions involving hospitals and health systems have been announced, finalized or advanced since June 1:
Select Medical, an operator of long-term care and inpatient rehabilitation hospitals based in Mechanicsburg, Pa., will add seven critical illness recovery hospitals and eight outpatient clinics to its network through a series of transactions.
CHI Health in Omaha, Neb., and Advanced Medical Imaging terminated their relationship after 75 years, according to the Lincoln Journal-Star.
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Rush Health Systems, a seven-hospital system in Meridian, Miss., signed an agreement to join New Orleans-based Ochsner Health.
Two Michigan health systems — Beaumont Health and Spectrum Health — have signed a letter of intent to create a new 22-hospital health system.
Dallas-based Tenet Healthcare will sell five hospitals in Florida to Dallas-based Steward Health Care for $1.1 billion, the organizations said June 16.
Through its multiple acquisitions, Humana is building a home-healthcare empire. Here are numbers to know:
Nevada will get its first fully integrated health system after the University of Nevada, Reno School of Medicine and Renown Health in Reno got approval to affiliate.