St. Joseph Health — which includes Santa Rosa (Calif.) Memorial Hospital and Petaluma (Calif.) Valley Hospital — and UCSF Benioff Children's Hospitals in San Francisco have signed a joint venture agreement to enhance and expand neonatal and pediatric services.
Transactions & Valuation Issues
Rush-Copley Medical Center in Aurora, Ill., will expand specialty care and launch a physician training program under a partnership with Rush University Medical Center in Chicago, according to the Chicago Tribune.
Lake Forest, Ill.-based RoundTable Healthcare Partners sold its topical pharmaceutical business Wednesday for $950 million in cash and up to $50 million in contingent payments to Canonsburg, Pa.-based pharmaceutical company Mylan N.V.
Denver-based Envision Healthcare Holdings and Nashville, Tenn.-based AmSurg Corp. have agreed to merge, creating a healthcare services company worth $10 billion.
A group of economists, the Association of Independent Doctors and 12 states filed three "friends of the court" briefings to oppose a merger between Penn State Health Milton S. Hershey Medical Center and PinnacleHealth System in Harrisburg, Pa., the Central…
Ownership of Bakersfield, Calif.-based Kern Medical Center transferred to the Kern County Hospital Authority Monday, a newly created and independent governing body, according to The Bakersfield Californian.
Muncie, Ind.-based Ontario Systems, a revenue cycle management and accounts receivable management software and services provider, has acquired Columbia Ultimate Business Systems in Vancouver, Wash.
Premise Health, a worksite health and patient engagement company, has acquired IMWell Health.
Despite efforts to better coordinate care through accountable care organizations and integrated delivery systems, studies indicate keeping distance between physicians and hospitals may actually be much more cost efficient, according to New York Times columnist Austin Frakt, PhD, a health…
The language used to describe the coming together of organizations through mergers and acquisitions is often similar to that used to describe marriage. In many ways, combining two companies does resemble matrimony. Unfortunately, like marriage, an incompatible match can lead…