Six large-scale healthcare transactions reported by Becker's Hospital Review since Jan. 1 are awaiting regulatory approval by federal and state officials.
Transactions & Valuation Issues
The Congregation of Sisters of St. Agnes signed a letter of intent to transfer sponsorship of Agnesian HealthCare, a three-hospital system in Fond du Lac, Wis., and Monroe (Wis.) Clinic to St. Louis-based SSM Health.
The Walker County Hospital District board of managers unanimously approved a motion to postpone a vote to terminate Huntsville-based Walker County Hospital Corp.'s agreement to manage Huntsville (Texas) Memorial Hospital, according to The Huntsville Item.
Tulsa-based Blue Cross and Blue Shield of Oklahoma's contracts with three Kansas City, Mo.-based Rural Community Hospitals of America subsidiaries expired July 1 following failed negotiations, according to NewsOK.
MinuteClinic, the retail medical clinic chain belonging to Woonsocket, R.I.-based CVS Health, joined the Alere eScreen Occupational Health Network to provide workplace health testing.
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New York City-based Oscar Health and Louisville, Ky.-based Humana will offer small employer health plans in Nashville, Tenn., through a strategic partnership.
Nashville, Tenn.-based HCA Healthcare entered into an agreement to purchase 103-bed Weatherford (Texas) Regional Medical Center from subsidiaries of Franklin, Tenn.-based Community Health Systems.
Brentwood, Tenn.-based Quorum Health has signed a letter of intent to sell L.V. Stabler Memorial Hospital, a 72-bed facility in Greenville, Ala., to the City of Greenville.
Bloomfield, Conn.-based Cigna acquired Dubai-based general insurance company Zurich Insurance Middle East in June.
OptumRx, the pharmacy benefit management subsidiary of Minnetonka, Minn.-based UnitedHealth Group, won a bid to manage New Jersey's roughly $2 billion drug benefit program for state employees.