It is a challenging dichotomy. Just as demand for health services continues to rise, healthcare payers and providers face difficult decisions around potentially changing their organizational structures to meet the healthcare industry’s upheaval.
Transactions & Valuation Issues
Atlanta-based Piedmont Healthcare will open retail clinics in 27 Walgreens stores across the Atlanta metro area with an aim of improving access to healthcare services.
Bruce Lawrence, president and CEO of Oklahoma City-based Integris Health, penned an op-ed in NewsOK addressing what he labeled "misinformation" provided by Tulsa-based Blue Cross Blue Shield of Oklahoma about the organizations' negotiation stalemate.
The following five contract agreements and dissolutions between payers and providers occurred in the past week.
Cleveland Clinic joined Molina Healthcare of Ohio's Medicaid network Aug. 1.
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University of Chicago Medicine will drop its contract with Illinois Medicaid managed care plan IlliniCare Health next month, according to a Chicago Tribune report.
Dallas-based Baylor Scott & White Health, along with Addison, Texas-based United Surgical Partners International, gained joint ownership of Texas Spine & Joint Hospital in Tyler, Texas.
Three investors — Annapolis, Md.-based Anne Arundel Health System, Baltimore-based LifeBridge Health and JARS Health Investments — ditched plans to acquire Baltimore-based Evergreen Health plan last month, The Baltimore Sun reports.
University of Chicago Medicine partnered with Munster, Ind.-based Community Hospital to provide specialized care for expectant mothers facing high-risk pregnancies.
Jim Wadleigh, CEO of Connecticut's health insurance exchange Access Health CT, warned his agency's board of directors that the only two insurers still selling plans on their marketplace could leave next year, according to the Hartford Courant.