El Camino Health severed ties with Anthem after pricing disputes forced the provider to kill its contract, making it the most recent in a cast of Bay Area systems to have troubles with the insurer, according to the Mountain View…
Transactions & Valuation Issues
Twelve transactions involving hospitals and health systems have been announced, finalized or advanced since July 1:
Garrett Regional Medical Center, a 55-bed hospital in Oakland, Md., will explore becoming a full member of the West Virginia University Health System in Morgantown, the hospital announced July 9.
Pittsburghbased Highmark Health is looking to purchase the other half of Medicaid managed care insurer Gateway Health, pending state approval.
Philadelphia-based Temple University Hospital has finalized the purchase of the former Cancer Treatment Center of America's Philadelphia campus.
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Three recent conflicts between payers and providers to know:
Oregon Health & Science University in Portland will add 28 providers to its team through a deal with Columbia Memorial Hospital in Astoria, Ore.
Merger and acquisition revenue remains high as hospitals and health systems shift their focus to acquisitions of small, independent hospitals and regional partnerships, according to an analysis published July 8 from healthcare consulting firm Kaufman Hall.
New York City-based NYU Langone Health and Patchogue, N.Y.-based Long Island Community Hospital signed an affiliation agreement, the hospital networks said July 6.
Two more Pennsylvania healthcare organizations said they will not make an offer to buy the financially struggling West Reading, Pa.-based Tower Health, according to the Philadelphia Business Journal.