New Orleans-based University Medical Center's ambitious plans to create a $100 million proton beam therapy cancer center have fallen through, according to The New Orleans Advocate.
Transactions & Valuation Issues
In April, Downers Grove, Ill.-based Advocate Health Care and Milwaukee-based Aurora Health merged to become the nation's 10th largest nonprofit health system.
Massena (N.Y.) Memorial Hospital revealed the identity of one of the two healthcare organizations it has been in discussions with regarding a potential partnership or affiliation days after its CEO abruptly resigned, according to North Country Now.
Philadelphia-based Temple University's board of trustees announced June 20 the institution will hire a chief restructuring officer for its affiliated health system, and is considering the potential sale of two of its hospital assets, according to The Inquirer.
Franklin, Tenn.-based Community Health Systems signed a definitive agreement to sell Ocala, Fla.-based Munroe Regional Medical Center in April, and the deal received a key approval from the Marion County Hospital District this week, according to the Ocala Star-Banner.
Walgreens is teaming up with Humana to open primary care clinics for Medicare beneficiaries in two Walgreens stores in Kansas City, Mo., the companies said June 19.
The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the week of June 11.
Here are four companies that have recenlty agreed to a transaction with UnitedHealth Group:
Despite openly opposing a proposed deal between Aetna and Humana in 2016, the American Medical Association has not asked antitrust regulators to block CVS Health's proposed $69 billion bid for Aetna, according to Forbes contributor Bruce Jepsen.
Fifty-two percent of executives are on the hunt for acquisitions in the next year, according to Ernst & Young's 2018 Global Capital Confidence Barometer.