Riverhead, N.Y.-based Peconic Bay Medical Center will officially join Great Neck, N.Y.-based Northwell Health, formerly North Shore-LIJ Health System, Jan. 15, according to 27east.com.
Transactions & Valuation Issues
At the J.P. Morgan Healthcare Conference, Aetna CEO Mark Bertolini said he believes the insurer's acquisition of Humana will close this year, according to The New York Times.
The Service Employees International Union and a cadre of 13 civil liberties and pro-choice organizations are asking the Oregon Attorney General to carefully examine the proposed merger of two Catholic health systems: Renton, Wash.-based Providence Health & Services and Irvine,…
Healthcare is expected to be one of the more active sectors in mergers and acquisitions this year, according to KPMG's M&A survey for 2016.
Houston-based CHI St. Luke's Health has formed a joint venture with Bellaire, Texas-based The Larkin Group to purchase five independent, freestanding PhysiciansER centers, according to the Houston Chronicle.
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A partnership formed by some of the largest healthcare organizations in Arkansas expects to save its members millions of dollars, according to Arkansas Business.
The following healthcare mergers, acquisitions and general partnerships took place or were announced since Dec. 31.
Prospect Medical Holdings, a for-profit hospital operator based in Los Angeles, has inked a definitive agreement to acquire Springfield, Pa.-based Crozer-Keystone Health System.
Walgreens is outsourcing 56 in-store healthcare clinics across the greater Chicagoland area to Downers Grove, Ill.-based Advocate Health Care.
Network Health Plan members will pay out-of-pocket costs at ThedaCare hospitals after the organizations failed to reach a contract extension, according to WBAY.