Blue Cross Blue Shield of Massachusetts in Boston will raise premiums for Medicare Advantage beneficiaries by up to one-third this year. The insurer said the jump in rates is a result of lower federal reimbursements and higher medical and prescription…
Transactions & Valuation Issues
Boca Raton (Fla.) Regional Hospital and Louisville, Ky.-based Humana renewed their contract, allowing Humana policyholders to access the hospital's services at discounted rates, WPTV reports.
Washington state insurance regulators endorsed Kaiser Permanente's proposed acquisition of Seattle-based Group Health Cooperative in a hearing before Insurance Commissioner Mike Kreidler Jan. 4, The Seattle Times reports.
Albany (N.Y.) Medical Center and Saratoga Hospital in Saratoga Springs, N.Y., finalized their affiliation agreement in the first week of 2017, reports Times Union.
Salt Lake City-based Aviacode, a provider of technology-enabled medical coding and compliance services, has acquired the Fort Lauderdale, Fla.-based medical coding company Revant Solutions.
The Lower Florida Keys Hospital District board has requested Franklin, Tenn.-based Community Health Systems add Lower Keys Medical Center to its growing portfolio of hospital divestures, reports FlKeysNews.
The partnership between Kansas City-based The University of Kansas Hospital and Hays (Kan.) Medical Center took effect Jan. 1, reports The Kansas City Star.
New York-based Bronx-Lebanon Hospital Center and the American University of the Caribbean School of Medicine on the island of Saint Martin inked a 10-year affiliation agreement to allow AUC medical students to complete clinical training at Bronx-Lebanon.
Grand Rapids, Minn.-based Grand Itasca Clinic & Hospital became a wholly-owned subsidiary of Minneapolis-based Fairview Health Services on Jan. 1.
Greenwood Village, Colo.-based Envision Healthcare Corp.'s physician services division acquired Tucson, Ariz.-based Oro Valley Anesthesia.