Albuquerque, N.M.-based Presbyterian Healthcare Services and West Des Moines, Iowa-based UnityPoint Health have called off a planned $11 billion merger, the two systems said Oct. 11.
Transactions & Valuation Issues
Bondholder Preston Hollow Community Capital has outbid the University of Iowa for Mercy Iowa City hospital in a surprise turn of events, according to an Oct. 10 The Gazette report.
Yale New Haven (Conn.) Health System has acquired PhysicianOne Urgent Care, which operates 26 urgent care facilities across Massachusetts, New York and Connecticut, according to its website.
Ithaca, N.Y.-based Cayuga Health System and Arnot Health are seeking regulatory approval from the state to affiliate as members of a parent company which would comprise five hospitals.
Ontario, Calif.-based Prime Healthcare is selling its 302-bed Alvarado Hospital Medical Center to UC San Diego Health for $200 million.
Advertisement
SEIU Healthcare Pennsylvania workers voiced concerns that a proposed merger between Pittsburgh-based UPMC and Washington (Pa.) Health System would harm patients and workers, Observer-Reporter Oct. 5.
Elevance's proposed $2.5 billion acquisition of Blue Cross and Blue Shield of Louisiana was put on hold in late September after the deal came under scrutiny from state senators and the attorney general.
Here are 15 revenue cycle management mergers, acquisitions and partnerships reported by or shared with Becker's in 2023:
West Virginia is now home to a larger academic health system through the combination of Huntington-based Mountain Health Network, Marshall Health and Marshall University, which was finalized Oct. 5.
The auction for the bankrupt Mercy Iowa City hospital was postponed late Oct. 4 after a day of legal negotiations behind closed doors, according to a report from The Gazette.