Franklin, Tenn.-based Community Health Systems has completed the sale of 125-bed Stringfellow Memorial Hospital in Anniston, Ala., to The Health Care Authority of the City of Anniston.
Transactions & Valuation Issues
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of April 24.
Kenosha, Wis.-based United Hospital System revealed plans to affiliate with, and assume the brand name of, Milwaukee-based Froedtert & the Medical College of Wisconsin, according to the Milwaukee Journal Sentinel.
Buffalo, N.Y.-based Catholic Health System and BryLin Behavioral Health System, also in Buffalo, are reportedly in discussions to form a potential affiliation, according to The Buffalo News.
The U.S. Court of Appeals for the District of Columbia on Friday affirmed a district court decision blocking the $54 billion proposed merger between health insurance giants Anthem and Cigna.
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St. Francis Health in Topeka, Kan., will likely avoid closure this summer as multiple health systems have shown interest in acquiring the facility.
The University of Louisville in Kentucky is considering spinning off its clinical, medical research and medical education enterprises into a separate business entity, according to Louisville Business First.
Grand Junction, Colo.-based St. Mary's Medical Center-SCL Health and Aurora-based Children's Hospital Colorado will embark on a formal care alliance to provide children and their families in the region with the highest level of coordinated care.
Fifty-eight percent of reimbursements from Indianapolis-based Anthem are linked to value-based care models, 75 percent of which are shared savings, shared risk and population-based payment models, Anthem CEO Joseph Swedish said on the first-quarter earnings call this week, according to…
Marshfield (Wis.) Clinic became an in-network provider for Bloomfield, Conn.-based Cigna.