The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the past week.
Transactions & Valuation Issues
Deerfield, Ill.-based Walgreens Boots Alliance is in negotiations to revise its previous agreement to purchase individual Camp Hill, Pa.-based Rite Aid stores to satisfy the Federal Trade Commission's antitrust concerns, sources familiar with the matter told Bloomberg.
Hospitals and health systems nationwide embarked on a significant buying spree of physician practices over the last few years.
Maumee, Ohio-based Paramount Health, an affiliate of Toledo, Ohio-based ProMedica, signed an agreement Sept. 15 to acquire Health Resources, a dental benefit provider in Evansville, Ind.
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of Sept. 15.
Shares of Minnetonka, Minn.-based UnitedHealth Group reached a 52-week high of $200.8 Sept. 13, according to a Nasdaq report.
Oakland, Calif.-based Kaiser Permanente revealed plans to launch 31 retail clinics in Target stores across southern California.
Blue Mountain Health System, a two-hospital system in Lehighton, Pa., revealed its intent to join St. Luke's University Health Network, a seven-hospital system in Bethlehem, Pa., Sept. 13.
Hutchinson (Minn.) Health's board of directors declared their intent Sept. 13 for the organization to affiliate with Bloomington, Minn.-based HealthPartners.
The following payers made headlines this week, beginning with the most recent.