Amid continuing questions surrounding its acquisition of Cigna, Anthem insists its completion of the deal is its No. 1 concern, according to the Hartford Courant.
Transactions & Valuation Issues
Louisville, Ky.-based Baptist Health moved forward with its purchase of Floyd Memorial Hospital in New Albany, Ind.
Renown Health in Reno, Nev., has partnered with Stanford (Calif.) Health Care, Lucile Packard Stanford Children's Hospital Stanford in Palo Alto, Calif., and Stanford (Calif.) University School of Medicine to expand access to specialty services to northern Nevada communities.
Like hospitals and health systems, revenue cycle management companies are experiencing increased M&A activity.
The Illinois Department of Insurance approved Hartford, Conn.-based Aetna's $34 billion acquisition of Louisville, Ky.-based Humana Thursday.
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At the recent AHA Partner Summit, attendees discussed 5 current shifts in healthcare, including:
Bolder Healthcare Solutions, a revenue cycle management provider based in Louisville, Ky., has acquired Healthcare Receivable Professionals.
The Oregon Insurance Division has approved a merger between PacificSource Health Plan and Portland, Ore.-based Legacy Health.
Louisville, Ky.-based Kindred Healthcare has completed the acquisition of an additional long-term acute care hospital operated by Mechanicsburg, Pa.-based Select Medical Holdings Corp. and sold an additional LTAC hospital to Select.
As insurance giants Anthem and Cigna await U.S. antitrust approval, an analysis from Aon Hewitt suggests the $48 billion acquisition could result in higher costs for large companies offering employer-sponsored medical benefits, according to Reuters.