Health Alliance Plan, the health insurer owned by Henry Ford Health System in Detroit, will increase its benefit offerings in 2021 and 2022, according to MiBiz.
Transactions & Valuation Issues
Molina Healthcare entered into a definitive agreement to acquire Passport Health Plan's Medicaid and dual eligible special needs plan assets.
California Attorney General Xavier Becerra has conditionally approved the sale of a nonprofit, safety-net hospital in Lynwood, Calif., to for-profit hospital operator Prime Healthcare.
Spartanburg (S.C.) Regional Healthcare System is no longer considered an in-network provider for Cigna's commercial health plan members.
Universal Health Services and Bayada Home Health Care signed a definitive agreement to form a strategic partnership that will establish and operate home health services, the organizations said July 16.
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Huntington Hospital in Pasadena, Calif., has entered into a definitive agreement to join Los Angeles-based Cedars-Sinai Health System, roughly four months after the organizations signed a letter of intent to explore an affiliation.
The University of Toledo (Ohio) Medical Center is no longer considering proposals from parties interested in buying, leasing or managing it, and instead will focus on financial stabilization.
Seattle-based UW Medicine and Cigna inked a new agreement ahead of an Aug. 1 termination deadline.
Washington health systems CHI Franciscan and Virginia Mason agreed to explore a combination through a joint operating company that would be part of CommonSpirit Health, the organizations said July 16.
In 2018, there were 590 private equity (PE) deals in the US healthcare industry collectively worth more than $88 billion.