Transactions & Valuation Issues

The University of Alabama at Birmingham Health System and Ascension St. Vincent's are building on their long history of collaboration by entering into a new strategic alliance.

Nonprofit and for-profit hospitals and health systems announced 85 transactions in 2019, a 27 percent decline from last year, according to a new report from financial and strategic advisory firm Ponder & Co. 

The Federal Trade Commission will step up oversight and scrutiny of potential hospital mergers this year, the agency's commissioner Christine Wilson said at a conference last week, according to financial news website The Motley Fool. 

The Maryland Healthcare Commission granted final approval for Cristfield, Md.-based McCready Health to join Salisbury, Md.-based Peninsula Regional Health System.

Murray (Ky.)-Calloway County Hospital and Anthem struck a contract agreement that allows Anthem members to maintain in-network status at the hospital, the organizations said Jan. 15.

Northwell Health has acquired Queens Medical Associates, a New York-based oncology practice with seven locations, according to QNS.com.

Mayo Regional Hospital received approval from the state of Maine to join Northern Light Health, a nine-hospital system in Brewer, Maine, according to The Bangor Daily News.

Here are 10 recent articles posted by Becker's Hospital Review that concern payer-provider relationships:

Effective immediately, Cigna Medicare members can now access Crozer-Keystone Health in Chester, Pa., at in-network rates, the organizations said Jan. 16.

Negotiations between Memorial Health System in Marietta, Ohio, and Anthem Blue Cross Blue Shield are coming down to the wire as their contract deadline looms, according to NBC affiliate WTAP.