The House Committee on Energy and Commerce wants to know more about how hospital consolidation is affecting the costs of care for patients and the Medicare program.
Transactions & Valuation Issues
Nashville, Tenn.-based HCA Healthcare entered into a definitive agreement to acquire Asheville, N.C.-based Mission Health for $1.5 billion, the systems announced Aug. 31.
Nashville, Tenn.-based HCA Healthcare expanded its Gulf Coast Division with the addition of North Cypress Medical Center, a 139-bed hospital in Houston.
The Massillon (Ohio) city council selected an organization to operate the former Massillon-based Affinity Medical Center Aug. 29, according to the timesreporter.com.
One of the biggest inflators of medical costs in 2019 will be hospital megamergers, a new analysis by PwC's Health Research Institute suggests.
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Sioux Falls, S.D.-based Sanford Health is reportedly on track to announce merger plans with a Chicago-based system by the end of the year. While the system's identity has not been revealed, some experts told the Chicago Tribune which system they…
The Sitka (Alaska) Assembly voted Aug. 28 to approve entering into negotiations with the Juneau-based Southeast Alaska Regional Health Consortium to assume control of Sitka Community Hospital, KCAW reports.
After months of negotiations, New Orleans-based Ochsner Health System and LSU New Orleans finalized a deal to assume operations at two of the state's safety-net hospitals, according to the News Star.
Altamonte Springs, Fla.-based Adventist Health System, which recently revealed plans to rebrand to AdventHealth, and 44-bed Ransom Memorial Health signed a letter of intent to affiliate Aug. 29.
Braxton County Memorial Hospital in Gassaway, W.Va., has signed a letter of intent to joint Morgantown-based West Virginia University Health System.