Buffalo, N.Y.-based Independent Health will drop about 560 members receiving cancer treatment from Williamsville, N.Y.-based CCS Oncology after negotiations to initiate value-based reimbursements went unresolved, The Buffalo News reported.
Transactions & Valuation Issues
Louisville, Ky.-based Humana will exit several state Affordable Care Act individual exchanges it participated in this year, citing around $1 billion in losses, The Hill reported.
South Shore Hospital in South Weymouth, Mass., is planning to invest $200 million on facility and software upgrades after its planned merger with Boston-based Partners HealthCare failed in 2015, according to the Boston Globe.
Rockford, Ill.-based SwedishAmerican, a division of UW Health in Madison, Wis., has partnered with Woodward, one of Rockford's largest publicly held companies, to provide an employer-based health clinic exclusive to Woodward's 3,600 employees and their dependents.
Healthcare merger and acquisition activity ticked up in the second quarter of 2016, reports Triangle Business Journal.
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Integrity Urgent Care in Colorado Springs, Colo., has joined Aurora, Colo.-based UCHealth.
Marshalltown, Iowa-based Central Iowa Healthcare continues to explore a potential partnership opportunity with Ames, Iowa-based MaryGreelyMedicalCenter and LHP Hospital Group in Plano, Texas, according to a report in the Times-Republican.
State regulators approved the sale of Waterbury (Conn.) Hospital to Los Angeles-based Prospect Medical Holdings for $43.3 million, according to documents released by the Attorney General's office.
Massena (N.Y.) Memorial Hospital has solicited 17 different health systems for a potential affiliation once it privatizes, according to North Country Now.
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.