McKesson plans to take on Canada's pharmaceutical heavyweights in a $2.2 billion deal with Katz Group for its Rexall Health pharmacy chain.
Transactions & Valuation Issues
The Joint Commission is a non-profit agency responsible for the accreditation of more than 21,00 healthcare organizations.
Franklin, Tenn.-based Community Health Systems has acquired an 80 percent ownership interest in a joint venture entity with Indianapolis-based Indiana University Health that includes essentially all of the assets of 227-bed IU Health La Porte (Ind.) Hospital and 50-bed IU…
Prospect Medical Holdings, a for-profit hospital chain based in Los Angeles, has bought bankrupt East Orange (N.J.) General Hospital.
The affiliation between Dartmouth-Hitchcock and Alice Peck Day Memorial Hospital, both based in Lebanon, N.H., has received regulatory approval, finalizing a deal that has been in the works for more than two years.
Massachusetts' agency responsible for scrutinizing the pricing and market metrics of proposed hospital deals and partnerships is taking an unprecedented look at multiple pending affiliation and contracting deals, which could make it harder for healthcare organizations to team up in…
Pittsburgh-based UPMC signed an affiliation agreement with WCA Hospital in Jamestown, N.Y. in late 2015, and the organizations have moved forward with their partnership by filing plans with the New York State Department of Health, according to a Buffalo Business…
The following hospital mergers, acquisitions and general transactions took place or were announced in February.
Reynolds Memorial Hospital in Glen Dale, W.Va., has issued a letter of intent to join West Virginia United Health System in Fairmont.
In New Jersey, a Hudson County Superior Court judge has signed off on Hackensack (N.J.) University Health Network's acquisition of Palisades Medical Center in North Bergen, N.J., according to a report from The Record.