Pittsburgh-based UPMC inked a five-year agreement to assist in the planning and operating of an expanded cancer center at a private hospital in Beijing, the health system announced June 27.
Transactions & Valuation Issues
Oktibbeha County Hospital Regional Medical Center in Starkville, Miss., announced its intent to affiliate with the Jackson-based University of Mississippi Medical Center June 26.
Boston-based Partners HealthCare will shift health insurance coverage for all of its employees from Blue Cross Blue Shield of Massachusetts to its system-owned health plan, according to The Boston Globe.
The Miami Medical Center filed for Chapter 11 bankruptcy protection in March, and the 67-bed hospital was recently sold in auction.
Franklin, Tenn.-based Community Health Systems signed a definitive agreement in April to sell the lease to operate Ocala, Fla.-based Munroe Regional Medical Center to a subsidiary of Altamonte Springs, Fla.-based Adventist Health System. The parties want to close the transaction…
Franklin, Tenn.-based Community Health Systems inked a definitive agreement June 26 to sell Oklahoma City-based AllianceHealth Deaconess to a subsidiary of Integris Health.
Jackson-based University of Mississippi Medical Center and Blue Cross & Blue Shield of Mississippi have four days to negotiate new contract terms before the academic medical center goes out of network with the insurer July 1, according to the Clarion…
In the fourth quarter of 2017, CVS Health's pharmacy benefit manager, CVS Caremark, sharply reduced payments to pharmacies, and many critics are questioning the timing of the cuts, according to the Akron Beacon Journal.
The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the week of June 18.
Pittsburgh-based UPMC announced a partnership with several organizations in Ireland to create a countrywide network for the diagnosis and treatment of concussions June 21.