Industry Consolidation

Large Hospitals with Low Profits Saw More Ownership Changes

by Victoria Bailey

Medium and large hospitals with low profit margins were more likely to experience ownership changes between 2016 and 2021 compared to their smaller and more profitable counterparts, according to a new...

New Jersey Health Systems Terminate Hospital Merger Agreement

by Victoria Bailey

New Jersey-based Hackensack Meridian Health and Englewood Health have terminated their hospital merger agreement after a federal appeals court blocked the deal from moving forward. In March 2022, the...

Healthcare Merger and Acquisition Activity Hit Record Low in Q1 2022

by Victoria Bailey

Healthcare merger and acquisition activity hit a record low during the first quarter of 2022, with the industry seeing only 12 transactions totaling $2.95 billion, according to a report from Kaufman...

Intermountain Healthcare, SCL Health Finalize Healthcare Merger

by Victoria Bailey

Intermountain Healthcare and SCL Health have finalized their healthcare merger to create one of the largest nonprofit health systems in the country. The merged health system consists of 33...

Change Healthcare, UnitedHealth Extend Healthcare Merger Deadline

by Victoria Bailey

Change Healthcare and UnitedHealth Group’s diversified health services company, Optum, have announced that they will extend their healthcare merger agreement to December 31, 2022. UnitedHealth...

Private Equity Acquisitions Improved Hospital Financial Performance

by Victoria Bailey

Hospitals saw higher operating margins, decreases in costs per adjusted discharges, and increased inpatient utilization following private equity acquisitions, according to a Health Affairs study sent...

Federal Appeals Court Blocks New Jersey Hospital Merger

by Victoria Bailey

A federal appeals court has blocked the proposed hospital merger between New Jersey-based Hackensack Meridian Health and Englewood Health, stating that the merger would hurt competition and increase...

Sutter Health Receives Jury Support in Antitrust Class Action

by Victoria Bailey

A federal jury has sided with Sutter Health in an antitrust class action lawsuit in which plaintiffs claimed that the health system drove up insurance premiums through anticompetitive tactics, Reuters...

High Hospital Prices Do Not Always Lead to Better Health Outcomes

by Victoria Bailey

Receiving care from higher-priced hospitals only led to better health outcomes when the facility was in a relatively unconcentrated market. There was no association between high prices and mortality at...

DOJ Files Lawsuit to Block UnitedHealth, Change Healthcare Merger

by Victoria Bailey

The Department of Justice (DOJ) has filed a civil lawsuit to block the merger between UnitedHealth Group and Change Healthcare. The complaint states that the proposed $13 billion transaction in which...

Hartford HealthCare Faces Antitrust Lawsuit, Monopoly Allegations

by Victoria Bailey

Six Connecticut residents have filed a healthcare antitrust lawsuit against Hartford HealthCare (HHC), alleging that the health system used unlawful and anticompetitive methods to charge payers and...

DOJ, FTC Seek to Modify Merger Guidelines to Foster Competition

by Sarai Rodriguez

The Federal Trade Commission (FTC) and the Justice Department’s Antitrust Division announced plans to modify current merger guidelines across all industries to prevent anticompetitive...

Large Hospital Mergers Signal New Phase of Healthcare Deals

by Jacqueline LaPointe

Hospital mergers and acquisitions were down in 2021 as industry leaders faced another year battling the COVID-19 pandemic, new research from Kaufman Hall shows. There were 49 transactions announced by...

Providence, Hoag Announce End of Decade-Long Affiliation

by Sarai Rodriguez

California-based Providence and Hoag have announced that they will end their affiliation established about a decade ago. “Although we are formally parting ways, we will have other opportunities...

NorthShore, Edward-Elmhurst Health System Complete 9-Hospital Merger

by Sarai Rodriguez

NorthShore University HealthSystem and Edward-Elmhurst Health have finalized a hospital merger deal, creating the third-largest health system in Illinois, according to a recent announcement. The...

Studies Find Physician Compensation Gaps By Setting, Gender

by Jacqueline LaPointe

Physician compensation may hinge on your gender and where you practice, two studies published in the December 2021 edition of Health Affairs suggest. One study analyzed data from over 80,000 full-time...

Private Equity Nursing Homes Linked to Lower Quality, Higher Costs

by Sarai Rodriguez

According to a JAMA Health Forum study, nursing homes acquired by private equity firms have been associated with lower quality long-term care and higher Medicare costs in comparison to for-profit...

LifePoint Health, Kindred Healthcare Form New Company

by Editorial Staff

LifePoint Health and Kindred Healthcare have announced the formation of a new healthcare company operating under the name ScionHealth. The news was announced after the closing of their previously...

Hospital Service Lines Shift After Private Equity Acquisition

by Jacqueline LaPointe

Private equity’s increased involvement in healthcare has raised some questions, but a new study in Health Affairs shows how private equity in healthcare is impacting service lines at acute care...

AdventHealth, Ascension Look to Unwind Partnership After 7 Years

by Jacqueline LaPointe

AdventHealth and Ascension recently announced that they are looking to unwind a longstanding partnership that resulted in the creation of a joint operating company that serves the healthcare needs of...