King of Prussia, Pa.-based Universal Health Services, in partnership with Westchester, Ill.-based Regent Surgical Health, will build out a network of ambulatory surgery centers across the U.S.
Transactions & Valuation Issues
Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to sell three Virginia hospitals to Cincinnati-based Bon Secours Mercy Health.
In six markets in the U.S., insurers’ cost control efforts have been hindered due to hospital and physician consolidation, according to a new study from Georgetown University's Center on Health Insurance Reform.
The total number of healthcare mergers and acquisitions hit a record high in 2018, and there were more than 400 deals announced in the third quarter of this year.
Phoenix-based Banner Health has acquired North Colorado Medical Center in Greeley, which it has operated since 1995.
Advertisement
Cincinnati-based Bon Secours Mercy Health plans to acquire a majority stake in Charleston, S.C.-based Roper St. Francis Healthcare, a joint venture formed by three systems 21 years ago.
West Orange, N.J.-based RWJBarnabas Health has signed a letter of intent to buy two hospitals from Jersey City, N.J.-based CarePoint Health.
Last month, Anne Arundel Medical Center and Doctors Community Health System revealed they have merged under the name Luminis Health.
The Federal Trade Commission has ordered five major health insurers and two hospital systems to hand over various cost and claims data to help the agency study the effects of hospital mergers.
Healthcare merger and acquisition spending totaled $51.5 billion in the third quarter of 2019, up 65 percent year over year, according to HealthCareMandA.com.