Mergers and acquisitions agreements have become a tactical tool in helping healthcare companies adapt and thrive in the fast-changing market — there were 570 deals for U.S. healthcare targets in 2017, the second-highest total on record, according to a recent…
Transactions & Valuation Issues
Bridgeport (Conn.) Hospital, part of Yale New Haven (Conn.) Health, is in talks to acquire Milford (Conn.) Hospital, Yale New Haven Health announced June 6.
West Des Moines, Iowa-based UnityPoint Health announced a formal affiliation with Memorial Hospital, an 18-bed critical access hospital in Carthage, Ill., June 6.
After committing millions of dollars toward the creation of a healthcare alliance, Iowa City-based University of Iowa Health Care informed its board of regents June 6 it needs $7.5 million "to meet cash flow requirements to facilitate discontinuance," according to…
UnitedHealth Group's Optum is one of two companies involved in a $2.2 billion acquisition of a Tacoma, Wash.-based physician-staffing company from Fresenius, according to the Star Tribune.
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Brentwood, Tenn.-based Quorum Health Resources will no longer manage Calais (Maine) Regional Hospital.
Venture firm New Enterprise Associates has acquired DaVita's Paladina Health — the company's primary care business that operates 53 clinics across 10 states — for about $100 million, according to CNBC.
Marlton, N.J.-based Virtua Health signed a definitive agreement to acquire Lourdes Health System from Carbondale, Pa.-based Maxis Health, a subsidiary of Livonia, Mich.-based Trinity Health, the organizations announced June 5.
The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the week of May 28.
Franklin, Tenn.-based Community Health Systems is taking many steps, including divesting hospitals, to improve its finances and reduce its heavy debt load.