Englewood, Colo.-based Catholic Health Initiatives agreed to sell its health plan to Centene Corp., according to the Arkansas Democrat-Gazette.
Transactions & Valuation Issues
Pittsburgh-based UPMC revealed plans Jan. 8 to build a second, 250-bed hospital facility in Palermo, Italy.
The University of Louisville in Kentucky reportedly bid to acquire several hospitals and other assets from Louisville-based KentuckyOne Health that have been on sale for more than one year, according to WDRB.com.
Quorum Health entered into a definitive agreement to sell Scenic Mountain Medical Center in Big Spring, Texas, the Brentwood, Tenn.-based hospital operator announced Jan. 7.
Ascension acquired the clinic and physicians associated with Rockdale, Texas-based Little River Healthcare, which closed in December, the St. Louis-based health system said Jan. 4.
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Ascension signed a nonbinding letter of intent to integrate Allegan (Mich.) General Hospital, the St. Louis-based system announced Jan. 4.
New York City-based urgent care system CityMD inked a new contract to remain in UnitedHealthcare's network, according to Crain's New York Business.
UCare, a health insurer based in Minneapolis, sent letters to about 21,000 policyholders listing erroneous premium prices, according to the Star Tribune.
While many hospitals and health systems find growth through mergers or acquisitions, New York City-based Hospital for Special Surgery President and CEO Louis A. Shapiro told The Wall Street Journal that in the case of HSS, there's more value in…