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© 2022 MJH Life Sciences and Chief Healthcare Executive. All rights reserved.
© 2022 MJH Life Sciences™ and Chief Healthcare Executive. All rights reserved.
June 21, 2022
HCA Healthcare and Steward Health are dropping plans involving the sale of five hospitals, while RWJ Barnabas Health and Saint Peter’s have called off their effort to merge.
The Delaware-based system is buying Jennersville Hospital, which closed its doors Dec. 31. Executives say they haven’t decided what services will be available.
June 07, 2022
The Federal Trade Commission is suing to block the deal, arguing it would hurt competition and lead to higher prices.
June 02, 2022
The software giant says it has received all regulatory approvals and should close the deal within days. Oracle says the merger will transform the healthcare industry.
May 31, 2022
The Rhode Island-based system hopes to have some options this summer, CEO James Fanale says.
May 19, 2022
New Hampshire’s attorney general opposed the deal. Shortly afterward, the two systems said they were abandoning the planned partnership.
May 18, 2022
The healthcare systems aim to create a premier academic medical center. The deal still requires the approval of federal regulators.
May 16, 2022
The planned union would create one of America’s largest nonprofit systems. Ken Kaufman of Kaufman Hall said he expects to see more partnerships.
May 11, 2022
Assuming the deal is approved by regulators, the new organization will operate 67 hospitals in six states. The new system would be known as Advocate Health.
May 09, 2022
Borrowing costs are rising after the Federal Reserve raised its benchmark rate for the second time in two months. Hospitals are facing financial headwinds on a number of fronts.