Though there has been a flurry of merger and acquisition activity in recent years, industry experts are unsure whether the merger momentum will continue under President-elect Donald Trump's administration, according to The New York Times.
Transactions & Valuation Issues
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
After a federal judge ruled against the merger of Harrisburg, Pa.-based PinnacleHealth System and Penn State Milton S. Hershey (Pa.) Medical Center, Penn State Health's CEO said the medical center is open to pursuing new collaborations and partnerships, according to…
The following were the most-viewed transactions and valuations stories this week.
Kansas state officials are searching for a private partner to help operate Osawatomie (Kan.) State Hospital, according to KCUR Radio.
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Some elected officials have expressed concern over the future of Indiana University Health LaPorte (Ind.) Hospital after Franklin, Tenn.-based Community Health Systems became the majority owner, according to the South Bend Tribune.
Physicians from the Augusta-based Children's Hospital of Georgia exchanged scrubs for subs in an effort to raise money for the hospital's neonatal intensive care unit, according to Fox 54 News.
Mechanicsville, Va.-based Sheltering Arms Hospital and Richmond-based Virginia Commonwealth University Health System will partner on a 114-bed inpatient rehabilitation facility, according to ABC 8 News.
York, Pa.-based WellSpan Health is teaming up with the University of Maryland in College Park to treat cancer patients using proton therapy technology available at the university, according to The Central Penn Business Journal.
Metabolic Code today announced a new partnership with True Health Diagnostics that will help clinicians improve healthcare outcomes and empower patients to improve the quality of their health.