Community Hospital in Grand Junction, Colo., and Centura Health in Centennial, Colo., have discontinued merger discussions roughly four months after signing a letter of intent to combine their organizations, according to The Daily Sentinel.
Transactions & Valuation Issues
El Segundo, Calif.-based Verity Health, which entered Chapter 11 bankruptcy protection in August, completed the sale of two California hospitals on March 1, according to NBC Bay Area.
Franklin, Tenn.-based Community Health Systems completed the sale of four South Carolina hospitals to Medical University of South Carolina Hospital Authority in Charleston on March 1.
Boston-based Beth Israel Deaconess Medical Center and Lahey Health in Burlington, Mass., officially merge March 1 to become Beth Israel Lahey Health, a system with 13 hospitals and 4,300 physicians across Massachusetts, according to WBUR.
Baltimore-based LifeBridge Health has signed a letter of intent with Cincinnati-based Bon Secours Mercy Health to acquire Bon Secours Baltimore Hospital.
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The Department of Justice formally requested a judge sign off on its settlement to allow CVS Health to acquire Aetna for about $70 billion, according to Reuters.
Cigna cut Anthem "off at the knees" in its effort to assuage antitrust concerns over a proposed $48.9 billion merger, Anthem's general counsel said during trial, according to Bloomberg.
Littleton (N.H.) Regional Healthcare is leaving North Country Healthcare, a regional health consortium, due to divergent goals, according to the New Hampshire Union Leader.
Rochester, Minn.-based Mayo Clinic has added Centro Médico Puerta de Hierro in Guadalajara, Mexico to the Mayo Clinic Care Network, a group of independent health systems that work closely with Mayo to improve quality standards.
Healthy Connections, which owns nine Arkansas clinics, plans to purchase De Queen (Ark.) Medical Center, according to ArkLaTexhomepage.com.