The financially troubled 378-bed Topeka hospital will be renamed The University of Kansas Health System St. Francis Campus. The new for-profit/not-for-profit joint venture pledges $50 million in investments, local control.
The big news in health care last week was the disclosure that CVS Health — owner of a vast network of drugstores — is considering buying Aetna, one of the nation’s largest health insurers, for roughly $66 billion. It’s undeniably important, but why?
Trying to block a merger between Sanford Health and Mid Dakota Clinic, the Federal Trade Commission and North Dakota Attorney General’s Office made their case for a preliminary injunction in U.S. District Court.
While the number of acquisitions dropped in the third quarter, there were some sizable deals, led by the merger of UPMC and PinnacleHealth. Private equity firms acquired six physician practices in the quarter.