Transactions & Valuation Issues

Pharmacy giant CVS Health is in talks to purchase Aetna, sources familiar with the matter told The Wall Street Journal.

Dallas-based Tenet Healthcare ended efforts to sell itself following the departure of longtime leader Trevor Fetter Monday, two sources familiar with the matter told Reuters Thursday.

The third quarter of this year marked the 12th straight quarter U.S. healthcare services saw 200-plus deals; however, deal values and volumes fell compared to the third quarter of 2016, according to a PwC report.

Anthem will acquire America's 1st Choice, a private Medicare Advantage firm serving members in Florida and South Carolina.

Winston-Salem, N.C.-based Wake Forest Baptist Medical Center signed a letter of intent Oct. 25 with Chapel Hill, N.C.-based UNC Health Care to acquire High Point (N.C.) Regional Health.

Baltimore-based Johns Hopkins Medicine International aims to spread the health system's brand and mission across the globe through several initiatives, including a hospital in the Middle East, according to The Baltimore Sun.

S&P Global Ratings further lowered Providence, R.I.-based Care New England's credit profile, citing uncertainties related to its current finances and pending merger with Boston-based Partners HealthCare.

Fifteen hospital mergers and acquisitions were publicly announced during the third quarter of 2017, down 21 percent from the 19 deals announced during the third quarter of 2016, according to a report issued by HealthCareMandA.com.

Hartford, Conn.-based Aetna will spin off its U.S. group life and disability arm to The Hartford (Conn.), a property and casualty insurance firm, for $1.45 billion.

Stigler, Okla.-based Haskell County Community Hospital said it will have to stop accepting Blue Cross and Blue Shield of Oklahoma policies as in-network if the insurer goes through with proposed rate cuts, The Oklahoman reports.