Livonia, Mich.-based Trinity Health and Humana said Jan. 22 they reached a new agreement, which is currently in effect.
Transactions & Valuation Issues
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…
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.
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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.
North Carolina Attorney General Josh Stein said Jan. 16 he will allow HCA Healthcare's acquisition of Mission Health to go through without a legal challenge, according to the Asheville Citizen Times.
Emporia, Kan.-based Newman Regional Health will no longer be in network with Aetna Better Health, the health insurer's managed Medicaid product, according to The Emporia Gazette.