Business

Henry Ford Health and Ascension Michigan are planning a joint venture to create a $10.5 billion system. They announced a launch date for the new organization.

CHRISTUS Health has made a bid to purchase Wadley Regional Medical Center from Steward Health Care, which is selling its hospitals.

Sutter Health is planning to build a new, four-story building in Modesto. The health system is also planning to build more than two dozen ambulatory care facilities by 2027.

The American Hospital Association names a deputy cybersecurity adviser, and others take on new roles.

Health systems decried the pharma giant for moving away from discounts and asking providers to submit rebates for two popular drugs.

The health system announced an agreement with its Medical Properties Trust to facilitate the transfer of properties to new operators and to pay debts.

Carney Hospital and Nashoba Valley Medical Center will shut their doors Saturday. Steward Health Care couldn’t find a buyer, but some are urging state officials to save the hospitals.

Valley Children’s Healthcare released plans for a commercial project designed to ensure a ‘sustainable financial future.’

The Connecticut attorney general has reached an agreement with the systems to ensure the continuation of services and competition. Northwell and Nuvance are looking to create a 28-hospital system.

A Dignity Health hospital appoints a new leader, an HCA Healthcare hospitals selects a chief nursing officer, and others take new roles.

Emory Healthcare and Houston Healthcare have signed a letter of intent to come together. Houston would become part of Emory.

Steward Health Care announced the planned closure of Trumbull Regional Medical Center and Hillside Rehabilitation Hospital.

The Federal Trade Commission rule would have prohibited such pacts, but a federal judge says the FTC lacks the authority. Doctors backed the rule and expressed disappointment.

Iredell Health System has reached a deal to buy Davis Regional Medical Center from Community Health Systems. CHS had planned to sell the facility to Novant Health, but the plans were dropped.

Orlando Health has put in a bid to purchase three facilities owned by Steward Health Care. The landlord for the facilities has filed an objection in bankruptcy court.

Prime Healthcare is buying Ascension’s hospitals in Illinois, but the system has notified state officials it plans to shut down one facility.

Gov. Maura Healey has announced steps to preserve five facilities run by Steward Health Care. But the plans don’t include two hospitals slated to shut down.

The Delaware hospital system announced a partnership to develop a host of outpatient facilities across the mid-Atlantic. Atlas has formed similar pacts with other health systems.

They are invaluable institutions in their communities, and many could disappear, analysts say.

Penn Medicine has signed a definitive agreement to acquire Doylestown Health, a provider in the Philadelphia suburbs.

Hospitals are seeing better margins and are getting labor costs under control, but labor expenses remain high and some providers are struggling mightily.

Pediatric facilities still face a challenging environment, according to Fitch Ratings.

The MetroHealth System’s board announced it was terminating Dr. Airica Steed while on a leave of absence. Her lawyer says she was ‘blindsided’ by the system’s action and is weighing all options.

Travis Moore of Indeed shares insights on top priorities for workers, and what employers should be doing to attract and keep talent.

The head of the Hospital Sisters Health System says rising costs and inadequate reimbursements are leading to the closure of rural hospitals.