Labcorp and Quest Diagnostics are snapping up lab businesses from health systems across the U.S. Here are seven deals Becker's has reported since March 20:
Transactions & Valuation Issues
Health systems are pursuing joint ventures and service line partnerships in multiple sectors this year, including outpatient surgery, behavioral health, post-acute care, physician services, urgent care and hospital-at-home programs.
The Federal Trade Commission has begun a review of Pittsburgh-based UPMC's plans to acquire Washington Health System, according to a Jan. 10 Pittsburgh Post-Gazette report.
Hills & Dales Healthcare, based in Cass City, Mich., and UnitedHealthcare Partners, based in Marlette, Mich., have joined forces to create a three-hospital system.
Gunnison (Colo.) Valley Health is in talks with Vail-Summit Orthopaedics and Neurosurgery to acquire ownership of several of its locations, a spokesperson for the physician group told Becker's.
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Duluth, Minn.-based Essentia Health and Marshfield (Wis.) Clinic Health System have ended efforts to combine into a 25-hospital regional health system.
Being part of a regional healthcare system will give Fort Payne, Ala.-based DeKalb Regional Medical Center access to local resources it does not have, Huntsville (Ala.) Hospital Health System CEO Jeff Samz told al.com in a Jan. 4 report.
The year is off to a busy start in Missouri healthcare, with three health system partnerships closing in two days.
Columbia-based University of Missouri Health Care and Jefferson City, Mo.-based Capital Region Medical Center have completed their integration, with both health systems unified under the one brand: MU Health Care.
Huntsville (Ala.) Hospital Health System plans to acquire DeKalb Regional Medical Center, a 134-bed hospital in Fort Payne, al.com reported Jan. 2.