Livonia, Mich.-based Trinity Health, which includes 93 hospitals in 22 states, has formed a new regional health system called Trinity Health Mid-Atlantic.
Transactions & Valuation Issues
Akron, Ohio-based Summa Health revealed its intent Sept. 27 to begin seeking partnership or merger proposals from interested organizations, The Canton Repository reports.
Anthem will sell individual health plans in some Ohio counties after the health insurer exited several ACA exchanges last year, according to the Dayton Daily News.
Aetna inked an agreement to sell its Medicare Part D drug business to WellCare Health Plans for an undisclosed sum, according to CNBC.
The Department of Justice's antitrust chief vowed to shorten the length of merger reviews to six months, according to The Wall Street Journal.
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The Association of American Physicians and Surgeons expressed its opposition to CVS Health's proposed $69 billion acquisition of Aetna in a Sept. 21 letter to the Department of Justice.
The State of Louisiana, New Orleans-based Ochsner Health System and LSU Health Shreveport (La.) signed a public-private partnership agreement to better align the university's health sciences center with the health system, according to a KTBS3 report.
Louisville-based KentuckyOne Health's interim president and CEO reiterated to employees Sept. 21 that officials are not planning for the closure of Jewish Hospital, also in Louisville, according to Insider Louisville.
UPMC Pinnacle Memorial, a 100-bed facility in York, Pa., plans to sell an iconic mansion it has used as a conference center and temporary staff housing for $1.1 million, the York Daily Record reports.
Orlando (Fla.) Health and Lakeland (Fla.) Regional Health are ending their affiliation after one year.