Steamboat Springs, Colo.-based Yampa Valley Medical Center and Aurora, Colo.-based University of Colorado Health are exploring a partnership to provide patients in the area with access to additional specialties and services.
Transactions & Valuation Issues
As Anthem surges forward with efforts to salvage its proposed $54 billion merger with Cigna, several obstacles may hinder the Indianapolis-based insurer from successfully completing the merger.
Revenue Cycle and Coding Strategies consulting firms are merging.
Memphis, Tenn.-based Methodist Le Bonheur Healthcare and Louisville, Ky.-based Humana inked an agreement to allow the insurer's Medicare Advantage members to access the health system at in-network rates.
Danbury, N.C.-based Pioneer Community Hospital of Stokes is now officially under the management of Lilburn, Ga.-based LifeBrite Hospital Management, according to the Winston-Salem Journal.
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City council officials have unanimously approved the sale of Sistersville (W.Va.) General Hospital to Wheeling (W.Va.) Hospital for $5.5 million, according to The Intelligencer.
The Miami Cancer Institute has joined the New York City-based Memorial Sloan Kettering Cancer Alliance.
Ontario, Calif.-based Prime Healthcare Services will remain in-network with Anthem Blue Cross after backtracking on plans to end its contract with the Indianapolis-based insurer hours after the decision was publicized, reports the Record Searchlight.
Greenville, S.C.-based Bon Secours St. Francis Health System and Minnetonka, Minn.-based UnitedHealthcare extended their previously terminated contract through June 30 to avoid a lapse in in-network coverage for approximately 10,000 patients, according to a WSPA.com report.
Hospitals are considering ambulatory surgery centers as part of their outpatient strategy, either by acquiring them from physicians, developing joint venture ASCs with physician owners or opening their own centers.