Downers Grove, Ill.-based Advocate Health Care and Evanston, Ill.-based NorthShore University HealthSystem have abandoned their plan to merge after a federal judge granted a preliminary injunction Tuesday to temporarily halt the merger, according to the Chicago Tribune.
Transactions & Valuation Issues
Flint, Mich.-based McLaren Health Care has expressed interest in purchasing select assets belonging to the Detroit Medical Center, according to MLive.
Greenwood Village, Colo.-based Envision Healthcare entered into a definitive agreement to purchase Phoenix-based Imaging Advantage, a comprehensive radiology services provider.
The University Hospitals Authority and Trust, OU Medicine, SSM Health's St. Anthony Hospitals and the St. Anthony Physicians Group — all in Oklahoma City — severed ties to complete a formal affiliation.
Three Michigan healthcare companies will launch a home healthcare provider April 1 in Grand Rapids, Mich., to meet the area's growing demand for at-home services, according to MiBiz.
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Bloomfield, Conn.-based Cigna will defer to Indianapolis-based Anthem in its appeal of the judge's decision to block the payers' proposed $54 billion merger, according to a March 2 court filing.
New York City-based Post Acute Partners will purchase Lockport, N.Y.-based Odd Fellow & Rebekah Rehabilitation and Health Care Center later this year, according to a Niagara Gazette report.
St. Louis-based Advanced ICU Care will begin providing tele-ICU services at Troy, Ohio-based Upper Valley Medical Center.
Legislators introduced a bill Friday barring physicians employed at Madison-based University of Wisconsin School of Medicine and Public Health from partaking or assisting in abortion procedures at private health organizations in Madison such as Planned Parenthood, according to The Daily…
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.