Bon Secours Mercy Health and Anthem Health Plans of Virginia could not reach a new agreement that would have kept three of the Cincinnati-based health system's hospitals in Anthem's network.
Transactions & Valuation Issues
Mercy Medical Center, a 476-bed hospital in Canton, Ohio, will join the Cleveland Clinic, the organizations said Dec. 8.
A Pennsylvania federal court on Dec. 8 rejected the Federal Trade Commission's challenge to a merger between Philadelphia-based Jefferson Health and Einstein Healthcare Network.
StoneBridge Healthcare made an unsolicited $250 million offer to buy Providence, R.I.-based Care New England, according to local news station WPRI.
Six transactions involving hospitals and health systems were announced, finalized or advanced since Nov. 11:
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Sanford Health has indefinitely suspended discussions about a planned merger with Salt Lake City-based Intermountain Health because of the abrupt exit of Sanford's longtime president and CEO, Kelby Krabbenhoft.
Several potential hospital mergers have been challenged by the Federal Trade Commission or U.S. Justice Department this year.
Humana will acquire full ownership of iCare, a Wisconsin Medicaid health plan, the insurer said Dec. 3.
The Federal Trade Commission will sue to block Edison, N.J.-based Hackensack Meridian Health's acquisition of Englewood (N.J.) Health.
Lumberton, N.C.-based Southeastern Health is the 12th member of Chapel Hill, N.C.-based UNC Health under a deal the organizations recently finalized.