St. Louis-based Ascension, the nation's largest nonprofit Catholic health system, has formed Ascension Health Senior Care, a national organization that will bring together all of Ascension's senior-focused programs.
Transactions & Valuation Issues
Lincolnwood, Ill.-based Legacy Healthcare has acquired Park Ridge, Ill.-based St. Matthew Center for Health, part of Lutheran Social Services of Illinois, for $10.5 million and renamed the facility Avantara Park Ridge.
Dallas-based Tenet Healthcare and UnitedHealthcare have signed a three-year contract that provides UnitedHealthcare members with in-network access to Tenet's facilities throughout the country.
The number of hospitals that outsource coding and clinical documentation services is expected to grow significantly before next year's transition to ICD-10, according to a recent survey from Black Book.
Twenty-one academic economists have sent a letter to Massachusetts Attorney General Martha Coakley opposing Boston-based Partners HealthCare's proposed acquisition of South Shore Hospital in Weymouth, Mass., according to a report from The Patriot Ledger.
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Carondelet Health in Kansas City, Mo., a part of St. Louis-based Ascension, has signed a letter of intent to allow Ontario, Calif.-based Prime Healthcare Services to acquire St. Joseph Medical Center in Kansas City and St. Mary's Medical Center in Blue Springs,…
Health insurer Aetna and Danville, Pa.-based Geisinger Health System have signed a five-year contract that allows Aetna members to receive in-network access at all of Geisinger's facilities in Pennsylvania.
The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
Health insurer Highmark and St. Johnstown, Pa.-based Conemaugh Health System have extended a contract giving Highmark Blue Cross Blue Shield members in-network access to three Pennsylvania hospitals: ConemaughMemorialMedicalCenter in St. Johnstown; ConemaughMinersMedicalCenter in Hastings and Conemaugh Meyersdale Medical Center.
Yale-New Haven (Conn.) Health System and Milford (Conn.) Hospital are exploring collaborative opportunities, according to a CT Post report.