Hartford (Conn.) HealthCare has acquired St. Vincent's Medical Center in Bridgeport, Conn., from Ascension, according to the Hartford Business Journal.
Transactions & Valuation Issues
Decatur (Ill.) Memorial Hospital has officially joined Memorial Health System, a Springfield, Ill.-based network that now includes five hospitals, according to TV station WAND.
Despite concerns from financial analysts and physicians, Tower Health executives are standing behind their plan to buy St. Christopher's Hospital for Children in Philadelphia out of bankruptcy, according to The Philadelphia Inquirer.
New Orleans-based Ochsner Health System took over management of Teche Regional Medical Center in Morgan City, La., on Oct. 1.
Ripley, W.Va.-based Jackson General Hospital officially joined Morgantown-based West Virginia University Health System Oct. 1.
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Auburn, Ind.-based DeKalb Health became the sixth community hospital to join Parkview Health on Oct. 1.
Negotiations between Anthem and Gainesville-based Northeast Georgia Health System fell through before a new contract could be reached by an Oct. 1 deadline, according to The Georgia Sun.
Brentwood, Tenn.-based Quorum Health owns one hospital in California after completing the divestiture of Watsonville (Calif.) Community Hospital.
Several health insurers recently announced plans to expand their Medicare Advantage businesses ahead of the 2020 open enrollment period, which begins Oct. 15.
WellCare Health Plans will sell its Medicaid business in Missouri and Nebraska to Anthem.