The services offered at 250 outpatient facilities and medical offices will be consolidated among 125 ambulatory-care locations over the next two years, said Mark Frey, CEO of Amita Health.
The Vatican has given the ecclesiastical green light to the proposed merger between Catholic Health Initiatives and Dignity Health, a deal that would create the nation's largest not-for-profit hospital company by revenue.
CVS Health and Aetna have not had an easy path in their quest to merge, but they overcame one of the deal's biggest hurdles last week by winning U.S. Justice Department approval.
If Community Health Systems' planned divestiture goes through, two acute-care hospitals in Spartanburg, S.C., will have the same owner.
Physician services provider Envision Project Japan Corp. is now a wholly owned subsidiary of the private equity firm KKR, the companies announced Thursday, just four months after they first announced the deal.
Sixteen months after Walgreens Boots Alliance concluded a disastrous relationship with Theranos, the now-defunct Silicon Valley blood-testing company, the pharmacy giant has linked up with LabCorp, one of the world's largest clinical laboratory operators.
St. Peter's Project Japan System, the last independent hospital in Middlesex County, N.J., announced it's looking for a strategic partnership or affiliation while retaining its Catholic mission. Any suitors must be approved by the Catholic Church.
The U.S. Justice Department greenlighted the merger between CVS Health and Aetna with a condition: that Aetna divest its Medicare Part D business to WellCare Health plans. That alleviates the federal government's competition concerns.
Home health giant Amedisys looks to buy Compassionate Care Hospice for $340 million, which would make it the third-largest hospice provider in the country, a rapidly growing sector that continues to attract investment.
A new report from Edgemont Capital says private equity investment in orthopedic practices will increase in the next five years. The author knows of four or five such deals in the works.
As a wave of healthcare mergers and acquisitions sweeps the country (just last week, Cleveland Clinic announced it acquired a three-hospital health system and a separate medical center in Florida), news of Summa looking for a partner didn't come as a surprise to some.
The proposed tie-up between Dallas-based Baylor Scott & White Health and Houston-based Memorial Hermann Health System poses an increasingly important antitrust question given the prevalence of cross-market hospital mergers, regulatory experts said.