Industry Consolidation

Antitrust Case Before Supreme Court May Limit Physician Referrals

by Jacqueline LaPointe

An antitrust case involving credit card companies could potentially impact healthcare by allowing payers and hospital systems to limit physician referrals. Ohio v. American Express Co. is a pending...

Partners HealthCare, Harvard Pilgrim Consider Healthcare Merger

by Jacqueline LaPointe

Partners HealthCare and Harvard Pilgrim may be heading for a healthcare merger as the organizations consider a partnership to reduce costs and improve outcomes. “As the healthcare environment...

Healthcare Mergers, Consolidation Increase Patient Safety Risks

by Jacqueline LaPointe

Healthcare mergers and acquisitions, institutional affiliations, shared service agreements, and other healthcare consolidation activities may help organizations realize economies of scale and other...

Healthcare Mergers, Acquisitions Activity Strong in Q1 of 2018

by Jacqueline LaPointe

Healthcare mergers and acquisitions are off to a strong start after ending a record-breaking year in 2017. Merger and acquisition activity was up 13 percent in 2017 compared to the previous year,...

Advocate, Aurora Hospital Merger Deal Earns Regulatory Approval

by Jacqueline LaPointe

Federal and state authorities recently gave the proposed hospital merger between Illinois-based Advocate Health Care and Wisconsin-area Aurora Health Care the greenlight, the health systems announced...

UNC Health Care, Atrium Health Scrap Hospital Merger Deal

by Jacqueline LaPointe

North Carolina-based UNC Health Care and Atrium Health recently announced that they will no longer pursue a hospital merger deal that would create one of the largest health systems in the...

Bon Secours, Mercy Health Engaging in Hospital Merger Talks

by Jacqueline LaPointe

Maryland-based Bon Secours Health System recently announced its intent to engage in a hospital merger deal with Mercy Health in Ohio and Kentucky. The Catholic health systems are currently engaged in...

State Green Lights Partners, Mass. Eye and Ear Hospital Merger

by Jacqueline LaPointe

Massachusetts public health officials recently approved a proposed hospital merger between the state’s largest hospital system, Partners HealthCare, and specialty hospital Massachusetts Eye and...

Partners, Care New England Move Ahead with Hospital Merger Deal

by Jacqueline LaPointe

Partners HealthCare of Massachusetts recently announced that it has signed a definitive hospital merger agreement to add Rhode Island-based Care New England Health System to its hospital system. The...

Blue Cross NC Says Carolinas, UNC Hospital Merger Will Raise Costs

by Jacqueline LaPointe

The potential hospital merger deal between Carolinas HealthCare System and UNC Health Care recently hit another roadblock. Blue Cross Blue Shield of North Carolina (Blue Cross NC) announced that the...

Healthcare Merger, Acquisition Deal Value Increased 145% in 2017

by Jacqueline LaPointe

Despite the number of healthcare merger and acquisitions deals dipping slightly in 2017, deal value significantly increased by 145.8 percent, reaching a total of $175.2 billion, a new...

6 Major Hospital Merger Deals Making Headlines in 2018

by Jacqueline LaPointe

In 2017, the healthcare industry saw a boom of hospital merger announcements. And many of those deals are set to close in 2018 pending federal and state regulatory review. Hospital merger and...

State Reviews Beth Israel, Lahey Health Hospital Merger

by Jacqueline LaPointe

The proposed hospital merger between Boston health systems Beth Israel Deaconess and Lahey Health is delayed as the state’s Health Policy Commission reviews the deal for healthcare costs,...

Advocate, Aurora and Dignity Health, CHI Sign Hospital Merger Deals

by Jacqueline LaPointe

The healthcare market in Chicago is bracing for some major changes starting with the recently announced hospital merger between Advocate Health Care and Wisconsin-based Aurora Health Care. The largest...

Medicare Spends $3.1B More on Hospital-Employed Physicians

by Jacqueline LaPointe

Total Medicare spending on four cardiology, orthopedic, and gastroenterology services increased by $3.1 billion between 2012 and 2015 because of the growing number of hospital-employed physicians, a...

Sutter Health Destroys Evidence for Case on High Healthcare Prices

by Jacqueline LaPointe

A state judge ruled that California-based Sutter Health intentionally destroyed 192 boxes of documents that pertained to a lawsuit accusing the health system of inflating healthcare prices and...

Healthcare Merger, Acquisition Activity to Rise Despite Slow Q3

by Jacqueline LaPointe

Healthcare mergers and acquisition activity in the third quarter of 2017 may be down by 11 percent compared to last year and 6 percent compared to last quarter. But deal volume still reached over 200...

2017 Hospital Merger Activity Likely to Beat 102 Deals in 2016

by Jacqueline LaPointe

Healthcare organizations engaged in 87 hospital merger and partnership transaction so far in 2017, a recent Kaufman Hall analysis showed. The most recent data revealed that 29 hospital merger and...

Hospital Mergers Take Two or More Years to Produce Cost Savings

by Jacqueline LaPointe

Hospital mergers and acquisitions resulted in immediate decreases in operating expenses per adjusted admission. However, acquired facilities also saw operating revenue decline at a higher rate, leading...

Healthcare RCM Vendors ZirMed and Navicure Announce Merger

by Jacqueline LaPointe

Healthcare revenue cycle management vendors Navicure and ZirMed recently announced that the organizations signed a definitive agreement to merge. Navicure will supposedly acquire ZirMed in a deal that...