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.
Transactions & Valuation Issues
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.
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…
Merger talks between Beaumont Health and Advocate Aurora Health ended about four months after the two organizations announced their intent to create a $17 billion system with 36 hospitals.