Universal Health Services in King of Prussia, Pa., has completed its divestiture of Auburn (Wash.) Regional Medical Center.
Transactions & Valuation Issues
Pittsburgh-based Highmark's relationship with its runaway acquisition, West Penn Allegheny Health System, may be on the mend. Yesterday, the West Penn's board chair said he would like to resume talks as soon as possible, according to a Pittsburgh Post-Gazette report.
Cambridge (Mass.) Health Alliance has entered exclusive talks with Beth Israel Deaconess Medical Center in Boston for a potential affiliation, according to a Boston Globe report.
In the wake of its broken merger, leaders from Pittsburgh-based Highmark will meet with physician leaders and medical personnel from West Penn Allegheny Health System tonight to discuss the payor's ongoing plans for a delivery system, according to a Pittsburgh…
Atlantic Health System in Morristown, N.J., and Hunterdon Healthcare System in Flemington, N.J., announced an alliance to bring more specialized medical care to the central and western parts of New Jersey.
Community Health Network and St. Vincent Health, both based in Indianapolis, are forming an alliance with six hospitals in the Suburban Health Organization to launch an accountable care consortium focusing on innovative healthcare solutions for employers and commercial markets.
St. Alexius Medical Center in Bismarck, N.D., has joined the Mayo Clinic Care Network operated by Rochester, Minn.-based Mayo Clinic.
UnitedHealth Group, the largest health insurer in the United States by both revenue and enrollment, announced it will acquire a 90 percent stake of Amil Participações, the largest healthcare company in Brazil.
Hilton Head (S.C.) Hospital and Savannah, Ga.-based St. Joseph's/Candler Health System have agreed to drop issues before the South Carolina Department of Health and Environmental Control dealing with outpatient facilities in Bluffton, S.C., according to a Bluffton Today report.
Although St. Bernard Parish Hospital in Chalmette, La., only recently opened, its third-party management company, Baton Rouge, La.-based Franciscan Missionaries of Our Lady Health System, is leaving the hospital, according to a Greater New Orleans report.