The Federal Trade Commission sent orders to six health insurers for claims data to help it study the effect of hospital acquisitions of physician groups.
Transactions & Valuation Issues
Nine transactions involving hospitals and health systems were announced, finalized or advanced in the last week:
Pittsburgh-based UPMC won approval to acquire a 105-year-old hospital in Kilkenny, Ireland, according to a Jan. 14 report in KCLR.
Here are three recent contract agreements or conflicts between payers, providers and employers:
Massachusetts General Hospital has pulled the plug on its plan to acquire a New Hampshire hospital and create a new Seacoast, N.H.-based nonprofit health system, according to the Union Leader.
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Portland-based MaineHealth added a ninth hospital to its network this month, according to a disclosure notice published Jan. 13.
In 2020, there were seven hospital and health system mergers involving two companies with more than $1 billion in annual revenue, according to an analysis by consulting firm Kaufman Hall. This compares to three megamergers announced in 2019.
Tenet Healthcare, a 65-hospital system based in Dallas, plans to acquire 25 to 40 ambulatory surgery centers this year, according to the company's presentation Jan. 12 at the J.P. Morgan Healthcare Conference.
Ascension Wisconsin plans to sell seven hospitals, 21 physician clinics and its patient transport services to Wausau, Wis.-based Aspirus Health.
The Pennsylvania attorney general has dropped his opposition to Jefferson Health's acquisition of Einstein Healthcare Network, according to The Philadelphia Inquirer.