Lansing, Mich.-based Sparrow Health System and Michigan Medicine in Ann Arbor have signed an affiliation agreement that will pave the way for collaboration between the organizations.
Transactions & Valuation Issues
Henry Ford Health System and Wayne State University, both based in Detroit, are no longer in affiliation talks, according to Crain's Detroit Business.
Milford (Conn.) Hospital entered merger talks with Bridgeport (Conn.) Hospital, part of Yale New Haven Health, last year. This week, state lawmakers said the future of Milford Hospital depends on the deal closing, according to Patch.
Centene Corp.'s recent agreement to buy Wellcare Health plans and create a government-sponsored healthcare giant could have implications for a host of other companies, including CVS Health and Humana, according to Barron's.
Two hospitals owned by Centennial, Colo.-based Centura Health are now members of the MD Anderson Cancer Network, according to The Pueblo Chieftain.
Centene Corp. will acquire WellCare Health Plans in a cash and stock transaction valued at $17.3 billion, the health insurers said March 27.
A Maine judge has dismissed a lawsuit that sought to stop the merger of Dover-Foxcroft, Maine-based Mayo Regional Hospital and Northern Light Health in Brewer, Maine, according to The Piscataquis Observer.
Elizabeth, N.J.-based Trinitas Regional Medical Center and Robert Wood Johnson Barnabas Health System in West Orange, N.J., are discussing a merger, according to tapinto.net.
Brewer, Maine-based Northern Light Health and Mayo Regional Hospital in Dover-Foxcroft, Maine, are one step closer to merging.
Panola Medical Center, a 112-bed hospital in Batesville, Miss., has had three different owners since 2017.