Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to sell two Arkansas hospitals to Little Rock, Ark.-based Baptist Health.
Transactions & Valuation Issues
Minnetonka, Minn.-based UnitedHealth Group is one of the companies exploring an acquisition of Dallas-based Tenet Healthcare's healthcare management subsidiary Conifer Health Solutions, sources told The Wall Street Journal.
Dallas-based Tenet Healthcare entered into a definitive agreement this month to sell its three remaining Chicago-area hospitals. Although Tenet plans to exit the market, Sioux Falls, S.D.-based Sanford Health may expand into Chicago.
Dallas-based Tenet Healthcare entered into a definitive agreement to sell its three remaining Chicago-area hospitals, the health system announced July 18.
Great Neck N.Y.-based Northwell Health and Maimonides Medical Center, a 711-bed facility in Brooklyn, N.Y., revealed their intent to extend their strategic partnership agreement for another two years, the organizations announced July 16.
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Asheville, N.C.-based Mission Health launched its nonprofit private foundation, which will be funded by proceeds from the health system's sale to Nashville, Tenn.-based HCA Healthcare, Mission Health announced July 16.
Through a new partnership with Steamboat Springs-based Northwest Colorado Health, South Routt Medical Center will be able to continue providing dental care to local residents, according to the Craig Press.
The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the week of July 9.
After a two-year search for a potential affiliate, Schenectady, N.Y.-based Ellis Medicine called off its search and said it plans to remain independent, according to The Daily Gazette.
U.S. antitrust regulators might not attempt to block CVS Health's proposed $68 billion takeover of Aetna, according to Bloomberg, which cites a report by Reorg Research.