Markus Meier, a seasoned healthcare antitrust enforcer, has replaced Tad Lipsky as acting director of the Federal Trade Commission's competition bureau.
Transactions & Valuation Issues
Patrick Soon-Shiong, MD, and his company NantWorks, acquired a majority stake in Integrity Healthcare.
The following were the most-read transactions and valuations stories during the month of June.
The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the month of June.
Macon, Ga.-based Navicent Health will acquire Milledgeville, Ga.-based Oconee Regional Medical Center, which filed for Chapter 11 bankruptcy in May.
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Marshfield (Wis.) Clinic Health System completed its asset purchase of Saint Joseph's Hospital, also in Marshfield, July 1.
Chicago-based Midwest Orthopaedics at Rush entered into an agreement with Mishawaka, Ind.-based Franciscan Alliance June 29 to co-manage the Franciscan Health Munster (Ind.) Health Center for Joint Surgery.
Honolulu-based Maui Health System, a subsidiary of Oakland, Calif.-based Kaiser Foundation Hospitals, assumed the management of community hospitals and associated clinics from the state of Hawaii July 1.
Tyler, Texas-based Christus Trinity Mother Frances Health System acquired Magnolia Health Systems–Physicians of East Texas July 1.
Louisville, Ky.-based Kindred Healthcare signed a definitive agreement to sell its skilled nursing business to BM Eagle Holdings, a joint venture company led by BlueMountain Capital Management affiliates, for $700 million in cash.