The pace of healthcare mergers and other partnerships has increased during the last decade.
Transactions & Valuation Issues
While the healthcare industry has historically been ripe for mergers and acquisitions activity, a recent report by Morgan Stanley analysts published in October and cited by Business Insider suggests health companies' high valuations and the wealth of readily available funding…
The number of healthcare mergers and acquisitions deals exceeded 250 in Q3, continuing the trend for the fifth consecutive quarter, according to a recent report by PricewaterhouseCoopers.
A Texas hospital that unexpectedly closed earlier this year has found a new operator, according to the Houston Chronicle.
More than 100,000 patients could be affected if a price dispute between Aetna and Miami-based Mount Sinai Medical Center goes unresolved, according to the Miami Herald.
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Former Missouri Gov. Jay Dixon told residents of Asheville, N.C., to express any concerns regarding Nashville, Tenn.-based HCA Healthcare's $1.5 billion acquisition of Mission Health sooner rather than later, according to the Citizen Times.
A Toledo, Ohio-based ProMedica spokesperson confirmed the organization is backing away from proposing to acquire Summa Health, a three-hospital system in Akron, Ohio, The Blade reports.
The board of Grand Junction, Colo.-based Community Hospital has entered into a formal agreement to discuss the possibility of joining Centennial, Colo.-based Centura Health, according to The Business Times.
Ridgewood, N.J.-based Valley Hospital settled with Horizon Blue Cross and Blue Shield of New Jersey the day before a trial was set to begin on allegations that the insurer pushed smaller community hospitals out of the market, according to NJ.com.
Altamonte Springs, Fla.-based Adventist Health System quietly placed one of its hospitals that was severely damaged last year by Hurricane Irma on sale for $2.5 million, according to The Daytona Beach News-Journal.