The deal is subject to state regulatory approval, and comes as California officials are taking a keen interest in health industry consolidation, especially in the northern regions of the state.
What do operating margins and net patient revenue look like post-merger, and has the cost of providing care decreased due to greater scale? Has merger activity been beneficial to quality outcomes?
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.
Doctors trying to separate from Atrium Health say the health care system is intentionally misleading patients to have them stay in the system, instead of following their doctors. They filed a complaint with the North Carolina Medical Board Monday. It alleges Atrium is...
A not-for-profit health system in Florida is launching its own Medicare Advantage plan. The local market has plenty of competition but the system sees the health plan as the right move.
The Massachusetts Health Policy Commission is reviewing the impacts of the potential merger of 13 state hospitals, led by the Beth Israel Deaconess Medical Center and Lahey Health.
While retailers are positioned as corporate disruptors to healthcare, an interesting aspect to these recent developments has been the willingness of insurers to merge with them.
CVS Health's proposed $69 billion megamerger with Aetna would create a new company containing numerous healthcare businesses, including a health insurer, a retail pharmacy, and a pharmacy benefits manager, which negotiates prescription-drug prices with drugmakers.
Members of the Health Employees Federal Credit Union, or HEFCU, have approved a merger with the much larger SEFCU, the State Employees Federal Credit Union. HEFCU has 3,500 members and three offices, at Albany Medical Center, St. Peter's Hospital and Ellis Hospital, all...
