Consumer advocates and antitrust experts have joined forces in their pursuit to ensure state regulators closely scrutinize the proposed mergers of major health insurance companies, according to The New York Times.
Transactions & Valuation Issues
New York City-based Pfizer and Dublin-based Allergan inked a definitive agreement to merge for a total enterprise value of about $160 billion.
The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.
Oglethorpe, Ga.-based Hutcheson Medical Center, which filed for chapter 11 bankruptcy protection about a year ago, may soon be purchased by Ontario, Calif.-based Prime Healthcare Services, according to a Times Free Press report.
The Illinois Health Facilities and Services Review Board has approved the merger of Chicago-based Northwestern Memorial HealthCare and KishHealth System in Dekalb, Ill., according to a Crain's Chicago Business report.
Advertisement
San Diego-based AMN Healthcare Services inked a definitive agreement to acquire B.E. Smith, a provider of interim healthcare leadership, executive search and advisory services, for $160 million in cash.
A previously announced partnership by Portland-based Oregon Health & Science University to acquire a 25 percent interest in Moda Health, an insurance company also based in Portland, could have a statewide impact, according to The Lund Report.
Madison, Wis.-based Meriter-UnityPoint Health has agreed to partner in the new UW Health Rehabilitation Hospital, also in Madison, according to a WKOW report.
Chicago-based Prism Healthcare Partners and Principle Valuation are merging to combine their expertise in healthcare performance improvement and valuation and advisory services.
Allegheny Health Network Emergency Medicine Management, a joint venture between Pittsburgh-based Allegheny Health Network and Emergency Medicine Physicians, a physician-owned emergency department group, has agreed to manage the emergency room and the hospitalists at Somerset (Pa.) Hospital, according to a…