Arlington, Va.-based Evolent Health announced today that it entered into a definitive agreement to acquire Valence Health in Chicago for approximately $145 million, according to Valence Health officials.
Transactions & Valuation Issues
Learn the forces behind the upswing in anesthesia monitoring devices in this blog post.
Officials at Washington (Pa.) Health System announced their intent to partner with the Pittsburgh-based UPMC Heart and Vascular Institute to expand cardiac services in the area, effective this month, according to hospital officials.
The board of Manning, S.C.-based Clarendon Health System finalized the agreement with Florence, S.C.-based McLeod Health to merge the two facilities, effective Tuesday, according to Clarendon hospital officials.
While a proposed affiliation between Yale New Haven (Conn.) Health and New London, Conn.-based Lawrence + Memorial Healthcare has elicited strong support from officials, some members of the community are concerned over the terms of the agreement, according to the…
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
National medical group MEDNAX has acquired Pediatric Cardiology Associates, a private physician group practice based in Fairfax, Va.
While affiliations with professional sports teams and brands are not new, many hospitals and health systems are pursuing partnerships to better promote their own brand and name recognition as healthcare competition intensifies, according to a report by Hospital & Health…
Japanese company Nichi-Iko Pharmaceutical announced that they will officially acquire Schamburg, Ill.-based Sagent Pharmaceuticals via an all-cash tender offer for approximately $736 million, according to a Bloomberg report. The acquisition will bring together two of the leading companies in the…
While the Federal Trade Commission dropped its complaint challenging the merger between Cabell Huntington (W.Va.) Hospital and Huntington-based St. Mary's Medical Center, the agency said it will continue to oppose hospital mergers that reduce competition, according to a WJHL news…