Penn State University trustees have approved the proposed creation of a new nonprofit entity to contain the health system formed by the planned merger between Penn State Milton S. Hershey Medical Center and PinnacleHealth System in Harrisburg, Pa.
Transactions & Valuation Issues
The New York Public Health and Health Planning Council has unanimously approved a proposed affiliation between Montefiore Health System in Bronx, N.Y., and White Plains (N.Y.) Hospital, according to a report from The Journal News.
Community Memorial Hospital in Hicksville, Ohio, has decided to end its affiliation with Fort Wayne, Ind.-based Lutheran Health Network, according to a report from The Journal Gazette.
Penn State Milton S. Hershey Medical Center has proposed the creation of a new nonprofit entity to contain the health system formed by the hospital's planned merger with PinnacleHealth System in Harrisburg, Pa., according to a PennLive report.
Several health systems have formed new relationships with one another in the past week. Consolidation of healthcare providers is nothing new, but the four deals below involve some unique circumstances or affiliation structures.
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The Massachusetts Association of Health Plans — which represents 17 plans — has expressed concern that Boston-based Partners HealthCare's proposed acquisitions of South Shore Hospital in Weymouth, Mass., and Hallmark Health System in Melrose, Mass., would lead to higher costs…
Clark Memorial Hospital in Jeffersonville, Ind., has invited members of the public to an open discussion on Oct. 1 about the hospital's proposed partnership with Norton Healthcare in Louisville, Ky.
Three North Carolina health systems — Vidant Health, Wake Forest Baptist Medical Center and WakeMed Health & Hospitals — are forming a shared services operating company.
Health insurer Anthem Blue Cross and seven California hospital groups plan to enter into a joint venture with the goal of providing high-quality, coordinated and efficient care throughout the state, according to a report from The New York Times.
St. Louis-based Ascension Health and Evolution Health — a division of Greenwood Village, Colo.-based Envision Healthcare — have formed a joint venture to provide post-acute services, including home care, to individuals in communities served by Ascension's Health Ministries.