Boston-based Partners HealthCare, which is rebranding to Mass General Brigham, is expanding its primary care presence through a partnership with One Medical, a membership-based chain of primary care clinics.
Transactions & Valuation Issues
Health systems across the U.S. are looking for ways to improve the overall health of the communities they serve while cutting costs. One emerging trend to reconcile these seemingly competing goals is investing in primary care and express care sites.
Philadelphia-based Thomas Jefferson University and Jefferson Health plans to launch a joint venture with Toledo, Ohio-based Welltower, a real estate investment firm, as part of a strategy to better manage aging patients' social determinants of health and grow its ambulatory…
Seven transactions involving hospitals and health systems that were announced, finalized or advanced in the last week:
Morgantown-based West Virginia University Health System inked a letter of intent to acquire Uniontown (Pa.) Hospital, the organizations announced Jan. 13.
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ChristianaCare, a three-hospital system based in Wilmington, Del., is establishing a network of new urgent care centers throughout Delaware in partnership with GoHealth Urgent Care, according to a Jan. 10 release.
Altamonte Springs, Fla.-based AdventHealth has purchased nearly 103 acres of land for future expansion in New Smyrna Beach (Fla.), according to the Daytona Beach News-Journal.
Daly City, Calif.-based Seton Medical Center, which faces closure after a deal to purchase it fell apart last month, may have a new buyer, according to the San Francisco Chronicle.
Nashville, Tenn.-based HCA Healthcare has acquired Valify, a Frisco, Texas-based company that offers a web-based platform to help healthcare organizations identify opportunities to cut costs.
Pittsburgh-based Allegheny Health Network added Grove City (Pa.) Medical Center to its health system Jan. 10.