Negotiations to form one of the nation’s largest health care companies in North Carolina are snagged on a sensitive issue: Who will control the joint organization overseeing some 60 hospitals and 90,000 employees.
Hundreds of union healthcare workers plan to protest outside of two local hospitals this month as they demand better wages, benefits and pathways to improving patient care ahead of a merger between two healthcare giants that would be worth billions.
Assessing the impact of the Tax Cuts and Jobs Act, the investors service picked winners from among for-profit hospitals, most of which stand to gain as their nonprofit competitors reckon with added financial pressures.
North Carolina’s attorney general is demanding more details on a proposed combination between Atrium Health and UNC Health Care, saying it’s impossible for his office to review the deal off the little information he’s been given.
The Franklin, Tennessee–based for-profit hospital chain has sold another asset as part of its ongoing efforts to reduce about $1.5 billion in debts. The sale of Byrd Regional Hospital leaves CHS with one hospital in Louisiana.
State public health officials Wednesday formally approved Partners HealthCare’s acquisition of Massachusetts Eye and Ear, capping a monthslong public debate about whether the deal would significantly raise costs for consumers.