Nyack (N.Y.) Hospital and Bronx, N.Y.-based Montefiore Health System have struck an agreement under which the hospital will become a member of the Montefiore system.
Transactions & Valuation Issues
Durham, N.C.-based Duke Medicine and Raleigh, N.C.-based WakeMed Health & Hospitals have established a set of guidelines for exploratory discussions concerning clinical collaborations.
Leaders from health systems taking part in AllSpire Health Partners — a clinical quality alliance of 25 hospitals from seven systems — and the Integrated Health Network — an accountable care organization including more than 4,500 physicians, 450 clinics and…
Acquisitions in the hospital industry are increasingly driven by strategic factors rather than financial need, according to the Healthcare Financial Management Association.
Pittsburgh-based UPMC and health insurer Highmark have not extended their current contract, but the organizations have come to an agreement that will allow Highmark members to receive medical care outside of the greater Pittsburgh area at in-network rates beginning in…
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The following hospital mergers, acquisitions and general transactions took place within the past week, beginning with the most recent.
The boards of Greenville (S.C.) Health System and Seneca, S.C.-based Oconee Medical Center have approved a binding agreement that makes OMC part of GHS integrated health system.
CharterCare Health Partners, a nonprofit health system, has announced a partnership with Santa Ana, Calif.-based for-profit Prospect Medical Holdings, which took effect June 20.
Penn State Milton S. Hershey Medical Center and PinnacleHealth System in Harrisburg, Pa., have signed a letter of intent to form a new health system in central Pennsylvania.
The University of Arizona Health Network and University of Arizona, both based in Tucson, have executed a principles of agreement document with Phoenix-based Banner Health to create a statewide healthcare organization in Arizona.