A state-brokered consent decree between Pittsburgh rivals Highmark Health and UPMC expires June 30, 2019. After that date, Highmark Medicare Advantage members will be unable to access several UPMC providers and hospitals at in-network rates.
Transactions & Valuation Issues
UPMC opened a radiotherapy center in southern Italy, the Pittsburgh-based system announced Oct. 8. The facility, which is scheduled to begin accepting patients later this year, will become part of the UPMC Hillman Cancer Center, one of the largest integrated…
INDIANAPOLIS, IN – (October 5, 2018) –Zotec Partners (Zotec), the industry-leading provider of radiology revenue cycle and practice management services, announces a revenue cycle management (RCM) services renewal with Radiology Associates of Atlanta (RAA), a leading provider of imaging and…
Grand Rapids, Mich.-based Spectrum Health completed its merger with St. Joseph, Mich.-based Lakeland Health on Oct. 1.
Aetna will remain in Hartford, Conn., for at least a decade after it is acquired by CVS Health, the pharmacy benefits manager told Connecticut insurance regulators Oct. 3, according to the Hartford Courant.
Sioux Falls, S.D.-based Sanford Health expanded its reach into the hospitality business with joint ownership of three hotels in South Dakota, according to Kelo.
West Reading, Pa.-based Tower Health signed an asset purchase agreement to acquire Douglassville, Pa.-based Premier Urgent Care's 19 urgent care centers.
The boards of Cleveland Clinic and Vero Beach, Fla.-based Indian River Medical Center voted to approve a series of agreements allowing IRMC to integrate into the Cleveland Clinic, the organizations announced Oct. 3.
El Segundo, Calif.-based Verity Health, which filed for bankruptcy earlier this year, filed a motion Oct. 2 to auction off its hospitals in Santa Clara County.
Cleveland Clinic signed a definitive agreement to integrate Stuart, Fla.-based Martin Health System into the system, the organizations announced Oct. 2.