Ontario, Calif.-based Prime Healthcare Foundation signed a letter of intent to acquire Pawtucket, R.I.-based Memorial Hospital from Providence, R.I.-based Care New England Health System.
Transactions & Valuation Issues
Durham, N.C.-based Duke Health and Raleigh, N.C.-based WakeMed Health & Hospitals signed an agreement to create Cancer Care Plus+, a collaboration to serve the cancer care needs of residents in Wake County. The collaboration will go into effect May 1.
Providence, R.I.-based Care New England Health System signed a letter of intent to explore an exclusive affiliation with Boston-based Partners HealthCare.
Insurers did not receive confirmation the ACA's cost-sharing reductions would remain intact during a meeting with CMS Administrator Seema Verma Tuesday, The New York Times reports.
Vero Beach, Fla.-based Indian River Medical Center and Hartford, Conn.-based Aetna may end their contract if negotiations between the parties fail, according to a TCPalm report.
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Charleston, S.C.-based Consumers' Choice Health Plan, a failed health insurance co-op, filed a lawsuit against the federal government claiming the government's inability to pay reinsurance payments led to its 2015 collapse, The Post and Courier reports.
Irvine, Calif.-based Alecto Healthcare Services filed a request to make its purchase of Wheeling, W.Va.-based Ohio Valley Medical Center exempt from the state's certificate of need requirement, following the passage of a bill by Democratic West Virginia Gov. Jim Justice, The…
Abbott renegotiated its deal to purchase Alere for $5.3 billion Friday.
Health insurance plans will see increased costs, technology use and implementation of bundled payment models in 2017, according to online benefits administration and health savings account provider Clarity Benefit Solutions.
Little Rock, Ark.-based CHI St. Vincent, part of Englewood, Colo.-based Catholic Health Initiatives, settled a contract dispute with Minnetonka, Minn.-based UnitedHealthcare, Arkansas Business reports.