Centene Corp.'s proposed $17.3 billion acquisition of WellCare Health Plans would make Centene the third-largest publicly traded managed care provider, according to S&P Global Market Intelligence's analysis of membership data.
Transactions & Valuation Issues
Charlotte, N.C.-based Atrium Health signed a memorandum of understanding to build an academic healthcare system with Wake Forest Baptist Health and Wake Forest University, both in Winston-Salem, N.C.
Thorek Memorial Hospital in Chicago has filed an application with the Illinois Health Facilities and Services Review Board to buy a hospital located just a few miles away, according to the Chicago Tribune.
While a federal judge prepares a hearing for the settlement that allowed CVS Health to acquire Aetna, another judge said overturning the deal at this point could be "catastrophic" to the industry, according to Fox Business.
The federal judge reviewing an agreement between the government and CVS Health, which allowed the pharmacy chain to purchase Aetna, said April 5 he wants to hold a hearing for opponents of the deal, according to Reuters.
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LaGrangeville, N.Y.-based Health Quest and Danbury-based Western Connecticut Health Network have combined to form a new nonprofit health system called Nuvance Health.
Advocate Aurora Health has assumed full ownership of Bay Area Medical Center in Marinette, Wis.
University of Louisville (Ky.) is extending its timeline to find a joint-venture partner to purchase and operate KentuckyOne facilities based in Louisville, including Jewish Hospital, after an initial request for proposals did not result in potential partnerships, according to the…
Cumberland, Md.-based Western Maryland Health System has signed a nonbinding letter of intent with Pittsburgh-based UPMC to pursue a merger.
Community Health Systems signed a definitive agreement to sell Tennova Healthcare-Lebanon (Tenn.) to Nashville, Tenn.-based Vanderbilt University Medical Center.