The following hospital mergers, acquisitions and general transactions took place or were announced in June, beginning with the most recent.
Transactions & Valuation Issues
There were 83 healthcare industry transactions in June 2015, down from 120 deals in June 2014, according to a report from Irving Levin Associates.
Indianapolis-based Anthem plans to layoff 57 workers from its operations in Louisville, Ky., according to a Louisville Business First report.
Leaders at Prescott, Ariz.-based Yavapai Regional Medical Center are shooting down rumors that the hospital is in acquisition or merger talks with the state's largest private healthcare provider, according to The Daily Courier.
The New Jersey Superior Court has approved Ontario, Calif.-based Prime Healthcare Services' Community Health Care Protection Act application, allowing the for-profit hospital operator to acquire Saint Clare's Health System, a three-hospital system based in Denville, N.J.
Dallas-based Tenet Healthcare called off a deal to acquire five hospitals in Connecticut last year, and now Los Angeles-based Prospect Medical Holdings is taking over three of them, according to a CT Mirror report.
Blue Cross and Blue Shield of Nebraska has signed two agreements with UniNet Healthcare Network, the contracting entity for Denver-based CHI Health, that bring CHI back into BCBS' provider network, NEtwork BLUE.
Humana is said to be in hot pursuit of a sale following Thursday's Supreme Court decision in the King v. Burwell case to uphold subsidies on federal exchanges, according to The New York Times.
The following insurers made headlines this week. They are listed below, beginning with the most recent.
Florida Blue (Jacksonville, Fla.) and Sacred Heart Health System (Pensacola, Fla.) have reached an agreement on a new three-year contract, according to a Pensacola News Journal report.