Hartford, Conn.-based Aetna will offer two Medicare Advantage Part D plans in three central Florida counties for 2017 coverage, reports Orland Business Journal.
Transactions & Valuation Issues
Baltimore-based nonprofit payer Evergreen Health will not be listed on Maryland's ACA exchange until its acquisition and conversion to a for-profit entity concludes, The Baltimore Sun reports.
Franklin, Tenn.-based Community Health Systems is in talks to sell hospitals and other assets to help trim its debt load, said CEO Wayne Smith during a third-quarter earnings call Wednesday.
Prime Healthcare Foundation, the nonprofit affiliate of Ontario, Calif.-based Prime Healthcare Services, has acquired 56-bed Coshocton (Ohio) County Memorial Hospital.
Physician group merger and acquisition activity fell by 17 percent to 30 transactions in the third quarter of 2016 compared to the previous quarter, according to data from Irving Levin Associates.
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West Orange, N.J.-based RWJBarnabas Health and New Brunswick, N.J.-based Rutgers University signed a partnership to create a comprehensive sports medicine program to serve Rutgers students, staff and the community at large.
Greeneville, Tenn.-based Laughlin Memorial Hospital and Johnson City, Tenn.-based Mountain States Health Alliance signed a letter of intent to merge, according to the Herald Courier.
Houston-based MD Anderson Cancer Center revealed plans to affiliate with the University of Texas at San Antonio's Cancer Therapy & Research Center to expand cancer treatment services throughout the state, according to the San Antonio Express News.
LHC Group and Brentwood, Tenn.-based LifePoint Health plan to form a joint venture aimed at strengthening home health and hospice services.
Phoenix-based Banner Health on Tuesday completed its purchase of 32 urgent care facilities in Arizona from retail chain Urgent Care Extra.