Columbia, S.C.-based Palmetto Health and Greenville (S.C.) Health System will unite under a single brand and logo in early 2019, the organizations announced Sept. 20.
Transactions & Valuation Issues
Marquette, Mich.-based UP Health System signed a nonbinding letter of intent in July to acquire Iron Mountain, Mich.-based Dickinson County Healthcare System. However, the organizations were unable to agree on the terms of the acquisition and have ended negotiations, according…
The Department of Justice's antitrust review of CVS Health's $69 billion bid for Aetna is taking longer due to divestitures needed to ensure competition is not impeded, a source familiar with the matter told Reuters.
The U.S. Department of Justice approved the proposed $52 billion merger between Cigna and Express Scripts Sept. 17.
Cigna and Express Scripts' proposed merger gained approval from the Department of Justice's Antitrust Division Sept. 17.
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Jefferson and Einstein Healthcare Network inked a definitive agreement to merge, the Philadelphia-based organizations announced Sept. 14.
The Massillon City Council was expected to vote on whether to approve a new operator for the shuttered Massillon, Ohio-based Affinity Medical Center Sept. 10; however, in an unexpected development, city officials postponed the vote because they received a better…
Winston-Salem, N.C.-based Wake Forest Baptist Medical Center acquired High Point (N.C.) Regional Health, a 351-bed hospital, from Chapel Hill, N.C.-based UNC Health Care on Sept. 1.
Birmingham, Ala.-based Medical Properties Trust sold North Cypress Medical Center, a 139-bed hospital in Houston, to Nashville, Tenn.-based HCA Healthcare for $148 million.
Rochester (N.Y.) Regional Health, a four-hospital system, signed a nonbinding affiliation agreement with St. Lawrence Health System, a two-hospital system in Potsdam, N.Y., the organizations announced Sept. 6.