Health insurer Cigna — previously the only participating Affordable Care Act exchange insurer in Arizona's Maricopa County — will pull back its footprint after another payer, Centene, requested to enter the market.
Transactions & Valuation Issues
Officials from Knoxville, Tenn.-based TeamHealth declared the company's acquisition of the provider operations of Bay City, Mich.-based EmMed, PC.
Directors at Michigan-based Metro Health and regents at the Ann Arbor-based University of Michigan Health System each approved an agreement to form an affiliation, according to MiBiz.
Hartsville, S.C.-based Carolina Pines Regional Medical Center will partner with Charleston, S.C.-based Medical University of South Carolina and St. Louis-based Advanced ICU Care to bring tele-ICU services to Carolina Pines, according to WBTW News.
LaGrangeville, N.Y.-based Health Quest has entered into a preliminary agreement with Nashville, Tenn.-based Essent Healthcare to affiliate with one of Essent's Connecticut hospitals, according to the Poughkeepsie Journal.
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Allentown, Pa.-based Lehigh Valley Health Network officials said the merger between LVHN and Pottsville, Pa.-based Schuylkill Health will take effect Sept. 16, according to The Morning Call.
Four leading hospital systems in Delaware have formed a strategic partnership to increase access to healthcare services and to improve the quality and affordability of care to residents of the state.
Albany (N.Y.) Medical Center's acquisition of Saratoga Springs, N.Y.-based Saratoga Hospital has reached its final steps in the transaction process and is awaiting state approval, according to the Albany Business Review.
Johnson City, Tenn.-based Mountain States Health Alliance executives revealed the name of the new health system created through its merger with Kingsport, Tenn.-based Wellmont Health System, pending state approval of the merger.
Patchogue, N.Y.-based Brookhaven Memorial Hospital Medical Center finalized its acquisition of the property formerly belonging to the Yaphank, N.Y.-based John J. Foley Skilled Nursing Home Facility, according to the Long Island Advance.