Nashville, Tenn.-based HCA Healthcare is looking to expand its Gulf Coast Division with the addition of North Cypress Medical Center in Houston, officials told Community Impact Newspaper.
Transactions & Valuation Issues
Randolph Health, a 145-bed facility in Asheboro, N.C., and Greensboro, N.C.-based Cone Health no longer plan to merge.
Franklin, Tenn.-based Community Health Systems sold three hospitals in Tennessee to Jackson-based West Tennessee Healthcare on June 1.
The Department of Justice's Antitrust Division is still laser-focused on rooting out anticompetitive practices in the healthcare industry, according to remarks from Barry Nigro, deputy assistant attorney general, at an American Bar Association conference May 17 in Arlington, Va.
WellCare Health Plans, a Tampa, Fla.-based health insurer specializing in managed Medicaid and Medicare Advantage programs, signed a definitive agreement to acquire Meridian for $2.5 billion.
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Berger Health System, a single-hospital system based in Circleville, Ohio, has entered formal negotiations to join Columbus-based OhioHealth, according to Columbus Business First.
After months of discussion, Boston-based Beth Israel Deaconess Medical Center and Burlington, Mass.-based Lahey Health unveiled the new brand under which their proposed merged company will operate, according to The Boston Globe.
A series of grants from healthcare giant CareFirst BlueCross BlueShield is advancing usage of telehealth in and around the nation’s capital.
Boston-based Partners HealthCare and Providence, R.I.-based Care New England announced the signing of a definitive agreement May 23, formalizing Partners' intent to acquire CNE.