Milwaukee-based Advocate Aurora Health has signed an agreement to take full ownership over Bay Area Medical Center in Marinette, Wis., which will be renamed Aurora Medical Center - Bay Area.
Transactions & Valuation Issues
Berger Health System, a single-hospital system based in Circleville, Ohio, will become OhioHealth's 12th member hospital this spring.
Livonia, Mich.-based Trinity Health and Humana said Jan. 22 they reached a new agreement, which is currently in effect.
The closing date for Louisville, Ky.-based Baptist Health's acquisition of Elizabethtown, Ky.-based Hardin Memorial Hospital has been delayed indefinitely, according to The News-Enterprise.
While 2017 saw significant healthcare merger, acquisition and affiliation activity, with 115 deals announced, 2018 surpassed it: not only in terms of numbers, but also in scope. Indeed, as of the end of Q3 nearly 840 healthcare mergers and acquisitions were announced, including…
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Marietta, Ga.-based WellStar Health System and Anthem will let an in-network contract expire for Anthem members with ACA exchange coverage, according to the Atlanta Journal-Constitution.
El Segundo, Calif.-based Verity Health received a $610 million offer for four of its hospitals in California.
Maywood, Ill.-based Loyola Medicine and Palos Health, in Palos Heights, Ill., have signed a nonbinding letter of intent to explore ways to expand their partnership.
Perry County (Ind.) Memorial Hospital has signed an affiliation agreement with Indianapolis-based St. Vincent, replacing the hospital's former agreement with Alliant Management Services, according to 14 News, a local NBC affiliate.
The University of Louisville (Ky.) is considering partnering with Nashville-based Ardent Health Services to purchase the financially struggling Jewish Hospital in Louisville, according to WDRB.