A bankruptcy judge on Oct. 21 authorized the $20 million sale of Astria Regional Medical Center in Yakima, Wash., and a neighboring medical office building to an investment group, according to the Yakima Herald.
Transactions & Valuation Issues
For the second time this week, Houston-based CHI St. Luke's set a deadline to cut ties with an insurance provider if negotiations fail. This time it's with Molina Healthcare.
CentraState Healthcare System, a single-hospital system based in Freehold, N.J., has signed a definitive agreement to join Atlantic Health System, a seven-hospital system based in Morristown, N.J.
Nashville, Tenn.-based Envision Healthcare and Cigna reached a multiyear agreement that will allow Cigna members to continue receiving in-network access to Envision physicians.
West Des Moines, Iowa-based UnityPoint Health plans to sell its hospital in Keokuk, Iowa, to the Blessing Health System.
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In a court filing, Einstein Healthcare Network warned that a move by the Federal Trade Commission to block its merger with Jefferson Health could lead to a "death spiral" at its Philadelphia flagship safety-net hospital, according to the Philadelphia Business…
An in-network contract between Chicago-based CommonSpirit Health and Blue Cross Blue Shield of Texas is set to end if the organizations don't reach a new agreement by Dec. 16, according to the Houston Chronicle.
Paladina Health, a Denver-based direct primary care provider, has signed an agreement to acquire Healthstat, a Charlotte, N.C.-based provider of onsite and virtual primary care.
Lumberton, N.C.-based Southeastern Health and Chapel Hill, N.C.-based UNC Health have entered into a letter of intent that would make Southeastern the 12th member of UNC's system.
Two health systems recently called off a merger deal that would have created a 36-hospital system spanning Michigan, Wisconsin and Illinois. That failed transaction represents one of several hospital mergers that, at some point in their lifetime, were called off…