Brentwood, Tenn.-based Quorum Health sold its consulting and outsourced services division to an affiliate of Grant Avenue Capital, a healthcare-focused private equity firm.
Transactions & Valuation Issues
Jefferson Health is poised to pick up 100 percent ownership in a Medicaid and Medicare health plan, according to the Philadelphia Business Journal.
Providers in North Carolina have raised concerns about a proposed merger between Sentara Healthcare and Cone Health in public comment shared with the state's Department of Justice.
Tenet Health Central Coast inked a neurosurgery affiliation agreement with the University of California San Francisco and UCSF Health.
Lake Health officially joined University Hospitals April 16 through membership substitution, and integration initiatives are in full swing more than a month later to benefit patients and community members.
Indiana (Pa.) Regional Medical Center and Chan Soon-Shiong Medical Center in Windber, Pa., signed a clinical affiliation agreement, according to a May 21 report in The Indiana Gazette.
A hospital under construction in Wyoming plans to enter a clinical partnership and management agreement with Billings (Mont.) Clinic, according to local news station KPVI.
Babylon, a digital health company in London, recently acquired a Novato, Calif.-based medical group with 700 physicians.
Duluth, Minn.-based Essentia Health and Chicago-based CommonSpirit Health have abandoned a deal that would have added 14 hospitals and three clinics to Essentia Health's network.
Six transactions involving hospitals and health systems have been announced, finalized or advanced since May 3.