A Catholic Health Initiatives and Dignity Health combination that would form a national not-for-profit powerhouse exemplifies a traditional health system mega-merger under a newly-popular two-pronged governance approach.
As healthcare spending grows and customers demand more convenient care, insurance companies are teaming up with nontraditional partners to keep patients out of hospitals and emergency rooms. Hospitals will have to evolve to stay afloat.
Advocate Health Care and Aurora Health Care combined would be one of the biggest regional health systems
Health systems like Advocate Health Care and Aurora Health Care follow a regional path in their merger agreement.
The purchases, while relatively small, were done at bargain basement prices below $4 a share.
More than a year after proposing a merger, Catholic Health Initiatives and Dignity Health have signed a definitive agreement to create the nation's largest not-for-profit hospital system in the country by operating revenue. The deal could speed up financially struggling CHI's turnaround.
UnitedHealth Group continues to expand its provider footprint with a new deal to buy dialysis provider DaVita's medical unit for $4.9 billion in cash.
Caro Community Hospital in Michigan's Thumb region has joined Grand Blanc-based McLaren Health Care Corp. to become the not-for-profit system's 13th hospital.
Community Health Systems will sell its 120-bed hospital in Dade City, Fla., to Adventist Health System, as it previously said that it would.
By combining, CVS Health and Aetna hope to build a lower-cost, more-convenient model of care with retail clinics at the center.
Downers Grove, Ill.-based Advocate Health Care has turned its focus to Wisconsin's largest healthcare provider after walking away from its merger with NorthShore University HealthSystem.
Aetna will operate as a stand-alone unit within CVS and will be run by the insurer's current management team. The deal would create a healthcare giant with more than $240 billion in annual revenue.
McLaren Health Care Corp. is expected to sign a letter of intent next week to acquire Huron Medical Center in Bad Axe, a 58-bed rural hospital in Michigan's Thumb region.