(Bloomberg) -- CVS Health Corp. is in exclusive talks to buy Cano Health Inc., the healthcare provider backed by billionaire Barry Sternlicht, according to people familiar with the matter.
As rapidly intensifying storms and rising sea levels threaten coastal cities from Texas to the tip of Maine, Hurricane Ian has just demonstrated what researchers have warned: Hundreds of hospitals in the U.S. are not ready for climate change.
Yale New Haven Health announced Thursday it will buy hospitals in Manchester, Rockville, and Waterbury, two medical groups, and a visiting nurse service, ratcheting up pressure on healthcare consolidation in Connecticut. Financial terms were not disclosed.
Private equity investors are rapidly scooping up thousands of healthcare businesses, taking over emergency rooms or entire hospitals, and becoming major players in physician practices and patient care, from cradle to grave.
The merger would extend access to the University of Kansas Health System's specialized health care services, such as vascular surgery and urology, across southern Johnson County.