A Superior Court of California judge has granted preliminary approval for a $575 million antitrust settlement Sutter Health proposed to resolve a case alleging that it engaged in anticompetitive...
Two of Rhode Island’s predominant health systems are officially joining forces to create a healthier state with the help of Brown University.
In an announcement released yesterday, Lifespan and...
Despite delivering an economic blow to provider organizations, the pandemic confirmed the “strategic rationale” for healthcare mergers and acquisitions, according to consulting firm Kaufman...
Seattle, Washington-based Virginia Mason and CHI Franciscan based in Tacoma, Washington have announced that a healthcare merger deal is complete.
The finalization of the merger deal makes Virginia...
The top ten largest health systems now control nearly a quarter market share because of rapid health system consolidation and this trend is likely to continue as care delivery evolves, reveals a new...
Just weeks after announcing a potential healthcare merger deal, Utah-based Intermountain Healthcare and Sanford Health based in South Dakota have called off all talks about the deal.
The announcement...
With an emergency use authorization just around the corner for a COVID-19 vaccine, health systems are preparing to receive and manage the drug to stop the spread of the novel coronavirus. But most...
No one could have predicted the impact COVID-19 would have on 2020, least of all healthcare executives who approved budgets and spending targets months or even a year prior to the outbreak of the novel...
The ongoing COVID-19 pandemic is creating a perfect storm for health systems, which appear to be taking hits on both the hospital and physician practice sides of their business.
The latest National...
Atrium Health recently announced the completion of a healthcare merger deal with Wake Forest Baptist Health to create a “next-generation academic health system.”
The health systems agreed...
The pace of healthcare merger and acquisition activity continues to be unhindered by the COVID-19 pandemic, according to the latest M&A Quarterly Activity Report from Kaufman Hall.
The report...
Advocate Aurora Health and Michigan’s Beaumont Health will not move forward with a proposed healthcare merger deal.
The health systems announced late last week that they have agreed to end...
When COVID-19 really hit the Coachella Valley area of California in mid-March, volumes dropped by as much as 60 percent at Eisenhower Health. For a health system primarily relying on public payers,...
Most medical groups and integrated health systems will need at least another year to recover from the revenue losses brought on by the COVID-19 pandemic, according to survey results from the American...
Two of the largest health systems in the Midwest – Advocate Aurora Health and Beaumont Health – are exploring a possible healthcare merger deal.
“Following approval last week by the...
While NYC Health and Hospitals developed a nationwide recruiting strategy, a centralized approach to onboarding, and new training tools amid COVID-19, leaders attribute the system’s successful...
Nearly a year ago, Rhode Island’s two largest hospital groups decided to walk away from healthcare merger and acquisition talks. But the recent COVID-19 crisis is prompting health system leaders...
Hoag Memorial Hospital Presbyterian is seeking to cut ties with Providence Health nearly four years after the Renton, Washington-based health system merged with an organization with which Hoag was...
A planned hospital merger deal between Beaumont Health and Summa Health will wait until after the COVID-19 crisis, according to Beaumont’s CEO John Fox.
For more coronavirus updates, visit...
Hospitals across the country cannot keep up with coronavirus demands due to a severe COVID-19 testing shortage, and the lack of testing kits is exacerbating other key issues, including personal...
