Anthem entered into a definitive agreement to acquire the nation's largest independently held behavioral health organization, Beacon Health Options, the companies said June 6.
Transactions & Valuation Issues
Gainesville-based Northeast Georgia Health System notified 40,000 patients that negotiations with Anthem Blue Cross Blue Shield have stalled and their coverage could be disrupted if a new agreement is not reached, according to the Albany Herald.
Tampa (Fla.) General Hospital is partnering with Fast Track Urgent Care to operate 10 urgent care clinics in the state, according to the Tampa Bay Business Journal.
Brentwood, Tenn.-based Quorum Health has entered into a definitive agreement to sell Watsonville (Calif.) Community Hospital.
Morgantown-based West Virginia University Health System, branded WVU Medicine, and Highmark Blue Cross Blue Shield West Virginia reached a multiyear contract, the organizations said June 5.
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The total number of healthcare mergers and acquisitions hit a record high in 2018, and dozens of deals have been announced so far this year.
J.C. Blair Memorial Hospital, a 71-bed, nonprofit community hospital in Huntingdon, Pa., is the newest member of DuBois, Pa.-based Penn Highlands Healthcare, the organizations announced.
A private equity-backed dermatology practice in Lombard, Ill., and Chicago-based Rush University Medical Center have agreed to affiliate, both entities announced June 4.
Boston-based Partners HealthCare announced June 4 that it will withdraw its application to acquire Care New England Health System, a three-hospital system based in Providence, R.I., according to the Boston Business Journal.
The Southeast Alaska Regional Health Consortium, or SEARHC, won't take over Sitka (Alaska) Community Hospital July 1 as planned, according to local radio station KCAW.