Amazon's recent $1 billion acquisition of PillPack may pose an issue for Albertsons' proposed acquisition of the remainder of Camp Hill, Pa.-based Rite Aid, Forbes reports.
Transactions & Valuation Issues
Summit Health, a two-hospital system in Chambersburg, Pa., and six-hospital system WellSpan Health in York, Pa., signed an affiliation agreement, WellSpan announced June 29.
Humana, TPG Capital and Welsh, Carson, Anderson & Stowe completed their acquisition of Louisville, Ky.-based post-acute care provider Kindred Healthcare for $4.1 billion in cash, including assumption of debt.
Approximately $2.35 trillion of mergers and acquisitions deals have been announced globally so far in 2018, up 57 percent from the same period in 2017. If the trend continues, the global M&A market may reach $4.8 trillion for the full…
Los Angeles-based Pacific Alliance Medical Center, which closed last November due to costs related to retrofitting its facilities to meet the state's seismic standards, was recently purchased by a physician group for $33 million, according to the Los Angeles Business…
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The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the month of June.
In a recent press release, VMG Health announced Chance Sherer as a Managing Director in the Business Valuation Division in the Denver office.
Tulare (Calif.) Regional Medical Center may reopen within four months under a proposal submitted by Roseville, Calif.-based Adventist Health, which the hospital's board approved June 27, according to The Fresno Bee.
Nashville, Tenn.-based HCA Healthcare entered into a nonbinding letter of intent to sell Lafayette, La.-based Women's & Children's Hospital to Our Lady of Lourdes Regional Medical Center, the Lafayette-based hospital announced June 28.
Five years after Sioux Falls, S.D.-based Sanford Health failed to acquire Minneapolis-based Fairview Health Services, the 45-hospital system is looking to expand outside of state lines for the second time and eyeing potential opportunities in Chicago, according to the Argus…