Tacoma, Wash.-based MultiCare Health and Seattle-based Navos, a mental health services provider, declared plans to affiliate to create a stronger system of behavioral health services for patients in the Puget Sound area.
Transactions & Valuation Issues
Birmingham, Ala.-based HealthSouth and Memorial Hospital at Gulfport in Mississippi will enter into a joint venture to own and operate a 33-bed physical rehabilitation center on Memorial Hospital's campus.
Birmingham, Ala.-based DirectPath, a healthcare consulting firm, will purchase Milwaukee, Wis.-based Patient Care, a national healthcare advocacy and transparency company dedicated to helping patients navigate the healthcare system, according to the Milwaukee Journal-Sentinel.
UnityPoint Health - Peoria (Ill.) completed its affiliation with Pekin (Ill.) Hospital.
Burlington, N.C.-based Laboratory Corporation of America Holdings and New York City-based Mount Sinai Health System entered into a definitive agreement to allow LabCorp to acquire and provide services at the health system's clinical outreach laboratories.
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Formativ Health, a joint venture owned by New Hyde Park, N.Y.-based Northwell Health and private equity firm Pamplona Capital Management, purchased Etransmedia, a medical billing software company, according to the Times Union.
New Orleans-based Ochsner Health System has acquired Millennium Healthcare Management.
Chicago-based Little Company of Mary Hospital is evaluating partners for a strategic partnership, according to the Chicago Sun-Times.
Hershey, Pa.-based Penn State College of Medicine and Chambersburg, Pa.-based Summit Health are expanding an existing partnership to provide new training opportunities to Penn State medical students pursuing careers in the medical field.
Worcester, Mass.-based UMass Memorial Medical Center will be the first academic medical center to join the Boston-based Dana-Farber Cancer Care Collaborative, according to MassLive.