The number of hospital-owned physician practices increased from 35,700 in July 2012 to 80,000 in January 2018, according to a study from consulting firm Avalere Health and the Physicians Advocacy Institute.
Transactions & Valuation Issues
Butler (Pa.) Health System and Clarion (Pa.) Healthcare System have signed an exclusive letter of intent to merge, according to the Butler Eagle.
Hennepin Healthcare and North Memorial Hospital, both based in Minneapolis, have entered into talks that could lead to a partnership or full merger, according to the Star Tribune.
St. Louis-based SSM Health has stalled talks with the University of Missouri Health Care in Columbia to sell two hospitals, though the two organizations intend to move forward with a partnership agreement, according to the The Mexico Ledger.
Massachusetts' watchdog agency, the Health Policy Commission, will not conduct a rigorous review of Boston-based Partners HealthCare's proposed acquisition of Providence, R.I.-based Care New England, as the deal would not have a large effect on residents in the state, The…
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Iroquois Memorial Hospital in Watseka, Ill., and Riverside Healthcare in Kankakee, Ill., have discontinued merger discussions roughly four months after signing a letter of intent to combine their organizations.
Santa Clara County will move forward with the purchase of O'Connor Hospital in San Jose, Calif., and Gilroy-based St. Louise Regional Hospital despite California Attorney General Xavier Becerra's efforts to block the sale, according to The Mercury News.
Atlanta-based Northside Hospital and Lawrenceville, Ga.-based Gwinnett Health System have received approval from the FTC to merge.
These seven contract resolutions and dissolutions occurred between payers and providers since mid-January, beginning with the most recent:
Kingston-based University of Rhode Island Health Services has partnered with South County Healthy Bodies, Healthy Minds to provide services that work to achieve zero suicides in Washington County within five years.