Exclusive negotiations between Thomas Jefferson University and Temple University over the sale of Fox Chase Cancer Center are likely to extend beyond the initial expiration date, according to The Philadelphia Inquirer.
Transactions & Valuation Issues
The Institutional Shareholder Services, an influential shareholder adviser, gave Centene and WellCare Health Plans a vote of confidence on their $17 billion deal, according to Forbes contributor Bruce Japsen.
Two Maine healthcare systems are planning to merge, pending state and federal approval, according to The Press Herald.
Mayo Regional Hospital in Dover-Foxcroft, Maine, and Northern Light Health in Brewer, Maine, received a key approval to create Maine's second-largest healthcare system, according to Mainebiz.
A Rhode Island physician said the health of the state's residents depends on more integration among hospitals, according to the Providence Journal.
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The University of Louisville announced June 12 that it ended talks with Catholic Health Initiatives about acquiring Louisville-based KentuckyOne Health's local assets, including Jewish Hospital, according to the Louisville Courier Journal.
Here are five updates on Medicaid payers and policy changes involving the program for low-income Americans published by Becker's Hospital Review in the past month:
Wyoming County Community Health System in Warsaw, N.Y., is continuing its expansion of family services with the acquisition of two medical practices, according to Buffalo Business First.
Health Alliance Plan, a subsidiary of Henry Ford Health System in Detroit, signed a definitive agreement to acquire a Detroit-based Medicaid plan.
UnitedHealth Group and private equity firm Carlyle Group are front-runners in a bid for pharmacy benefits and behavioral health provider Magellan Health, an SVB Leerink analyst told Business Insider.