Ambulatory surgery centers make compelling value propositions as care delivery shifts to lower-cost, higher-margin outpatient settings. Recent deals between some of the biggest ambulatory surgery centers, hospitals, management companies, and insurers signal a new period of M&A activity for ASCs.…
Transactions & Valuation Issues
Minnetonka, Minn.-based UnitedHealth Group prolonged the deadline of its exchange offer for all of Deerfield, Ill.-based Surgical Care Affiliates' outstanding shares.
Scotts Valley, Calif.-based Physicians Medical Group of Santa Cruz has agreed to affiliate with Sacramento, Calif.-based Dignity Health Medical Foundation, according to the Santa Cruz Sentinel.
The Idaho attorney general approved the proposed transition of Lewiston, Idaho-based St. Joseph Regional Medical Center to Brentwood, Tenn.-based RCCH HealthCare Partners Monday after a six-month review.
Warsaw, N.Y.-based Wyoming County Community Health System has inked an administrative partnership with Buffalo, N.Y.-based Erie County Medical Center.
UPMC Jameson President Douglas Danko said the 2016 merger between New Castle, Penn.-based Jameson Health System and Pittsburgh-based UPMC has "exceeded" the health systems' promises to improve healthcare in the community, according to New Castle News.
Dayton, Ohio-based Premier Health acquired Brookville, Ohio-based Studebaker Family Practice led by Jeffrey Studebaker, MD, and Matthew Studebaker, MD, according to the Dayton Business Journal.
The American Hospital Association pressed the U.S. Court of Appeals for the District of Columbia to affirm a district court's decision to halt Indianapolis-based Anthem's merger with Bloomfield, Conn.-based Cigna ahead of the insurers' appeal.
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
The following were among the most-viewed transactions and valuations stories published by Becker's Hospital Review the week of March 13.