Fountain Valley, Calif.-based MemorialCare Health System reached a definitive agreement to be back in-network with Anthem Blue Cross after cutting ties in mid-August.
Transactions & Valuation Issues
The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the past week.
Salina (Kan.) Regional Health Center and Geary Community Hospital in Junction City, Kan., entered into a period of due diligence Aug. 24 to form a strategic alliance.
The Washington State Department of Health recommended regulators approve Sunnyside, Wash.-based Regional Health's application to purchase Toppenish (Wash.) Community Hospital and Yakima (Wash.) Regional Medical and Cardiac Center, pending agreement to certain conditions, according to the Yakima Herald.
Tulsa-based Blue Cross Blue Shield of Oklahoma is working to ease any concerns Stillwater (Okla.) Medical Center and other providers may have regarding their contracts, according to a Stillwater News Press.
Advertisement
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of Aug. 21.
Yesterday, our CEO Satya Nadella discussed the company’s quarterly results with financial analysts and highlighted several customers and partners to underscore our momentum.
In a recent press release, Abbott announced this collaboration brings people living with diabetes a significant step closer to the ultimate goal of eliminating much of the daily burden of diabetes management.
San Francisco-based Alto Pharmacy, a prescription delivery service, recently acquired San Francsico-based Round Health, which manufactures "smart" pill bottles to remind users to take their medication, CNBC reports.
Vero Beach, Fla.-based Indian River Medical Center officials said the health system could close a deal with a yet-to-be-determined hospital partner to acquire IRMC as early as August 2018, according to TCPalm.