Westchester General Hospital, a physician-owned hospital in Miami, was acquired by healthcare management firm Keralty Health Enterprise, the company announced Oct. 29.
Transactions & Valuation Issues
Here are six recent contract agreements and conflicts between payers and providers:
Even before the pandemic, an increasing number of patients were seeking care outside of the four walls of a hospital. Now, the pandemic is accelerating the shift and will likely cause hospitals to rethink their acquisition targets and development plans,…
Salt Lake City-based Intermountain Healthcare and Sioux Falls, S.D.-based Sanford Health are pursuing a merger that would create a 70-hospital system.
Franklin, Tenn.-based Community Health Systems completed the sale of two hospitals in Texas Oct. 27.
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Williamson Medical Center in Franklin, Tenn., is not renewing its pediatric care contract with Nashville, Tenn.-based Vanderbilt University Medical Center next year, according to The Tennessean.
Salt Lake City-based Intermountain Healthcare and Sioux Falls, S.D.-based Sanford Health have signed a letter of intent to merge.
Franklin, Tenn.-based Community Health Systems announced Oct. 23 that it has completed the divestiture of San Angelo (Texas) Community Medical Center.
Toledo, Ohio-based ProMedica's Paramount health plan is planning to terminate McLaren St. Luke's Hospital in Maumee, Ohio, from its network.
Ten transactions involving hospitals and health systems were announced, finalized or advanced in the last three weeks: