Lehigh Valley Health Network plans to acquire Coordinated Health, a system focused on orthopedic services that employs 1,200 people at more than 20 locations in Pennsylvania and New Jersey. Both systems are headquartered in Allentown, Pa.
Transactions & Valuation Issues
A nonprofit duo won a bid to buy St. Christopher's Hospital for Children out of bankruptcy, edging out for-profit hospital operator KPC Global, according to The Philadelphia Inquirer.
Centene Corp. and WellCare Health Plans received approval from 17 states to combine operations, the health insurers said Sept. 19.
A consortium of four health systems that was expected to submit a bid for St. Christopher's Hospital for Children in Philadelphia bowed out of the auction, according to The Philadelphia Inquirer.
Anne Arundel Medical Center in Annapolis, Md., and Doctors Community Health System, a single-hospital system based in Lanham, Md., have merged to create a new system: Luminis Health.
Commissioners of North Carolina's New Hanover County voted Sept. 16 to explore a sale of the hospital it owns, according to local television station WECT News.
St. Christopher's Hospital for Children in Philadelphia entered bankruptcy in late June, and several health systems are expected to place competing bids to take over the 188-bed hospital, according to The Philadelphia Inquirer.
The president of a Massachusetts health system and hospital group accused Blue Cross Blue Shield of Massachusetts of caring about revenues more than patients, according to an op-ed published by the Sippican Week.
UnitedHealth Group officially said it acquired payment-processing platform Equian in a transaction valued at $3.2 billion, according to the Star Tribune.
Care New England Health System, a three-hospital system based in Providence, R.I., withdrew from merger talks with two other organizations in July. That failed deal represents one of several hospital mergers that, at some point in their lifetime, were called…