Aetna will close its mail-order prescription delivery location in Plantation, Fla., resulting in 106 layoffs, according to the South Florida Sun Sentinel.
Transactions & Valuation Issues
Ardent Health Services completed the sale of its interest in Bay Medical Sacred Heart in Panama City, Fla., to Ascension on March 14.
A chancery court judge in Delaware is set to decide whether Anthem or Cigna is owed money in a breakup battle that ensued in the two years after their failed merger, according to the CT Mirror.
A judge tasked with signing off on a government settlement allowing CVS Health to acquire Aetna ordered a hearing on the matter, according to Reuters.
Last month, Dallas-based Baylor Scott & White Health and Houston-based Memorial Hermann Health System called of their merger, which would have resulted in a 68-hospital system. That is one of several hospital mergers that, at some point in their lifetime,…
Cambia Health Solutions, the parent company of four Blue Cross Blue Shield plans, and Blue Cross Blue Shield of North Carolina, are joining forces, the health insurers said March 12.
West Palm Beach, Fla.-based Rennova Health has completed the acquisition of Jellico (Tenn.) Community Hospital and CarePlus Center in Williamsburg, Ky.
Swedish Covenant Health and the Rush System for Health, both based in Chicago, are negotiating a potential merger, according to the Chicago Sun-Times.
Sonoma County (Calif.) residents voted in favor of a plan for the Palm Drive Health Care District to sell or lease Sebastopol, Calif.-based Palm Drive Hospital to American Advanced Medical Group, according to The Press Democrat.
The CEO of Lifespan Health System has called for more public discussion of the proposed merger between Boston-based Partners HealthCare and Providence, R.I.-based Care New England,, according to the Providence Journal.