Healthcare mergers and acquisitions saw a banner year in 2017, despite economic and political uncertainty. Analysts believe that lower corporate taxes will continue to lure foreign investors into the $3.3 trillion U.S. healthcare sector.
Procter & Gamble Co. agreed to acquire the consumer-health business from Germany’s Merck KGaA , in a $4.2 billion deal that adds vitamins and food supplements to its lineup of over-the-counter medicines.
Adventist Health System, the parent company of Florida Hospital, is acquiring Munroe Regional Medical Center, a 421-bed hospital in Ocala, according to an announcement on Wednesday. The financial terms of the deal were not disclosed.
Southeast Georgia Health System’s campuses in Glynn and Camden counties contributed to more than $616 million in revenue for state and local economies in 2016, according to a Georgia Hospitals Association study released Wednesday.
UnitedHealth Group Inc., the largest U.S. health insurer, on Tuesday posted quarterly profit that beat estimates as it kept medical costs within expectations despite the added demand for services due to a strong flu season and raised its 2018 outlook.
Amazon Business, which sells bulk items to business customers, has shelved its plan to sell and distribute pharmaceutical products after considering it last year, according to people familiar with the matter.