September 19th 2023
The CEOs of Froedtert Health and ThedaCare talks with Chief Healthcare Executive about the planned merger, their similar goals and philosophies, and why they say it’ll work.
September 18th 2023
Aspirus Health CEO Matt Heywood talks about the importance of being proactive, especially as he sees a difficult environment for hospitals in the years ahead.
September 15th 2023
University of Florida Health has brought Flagler Health+ into the academic system. It will now be known as UF Health St. Johns.
September 13th 2023
In an interview with Chief Healthcare Executive, he discusses the planned merger with St. Luke’s in Duluth, buying several hospitals from Ascension and expanding care in rural areas.
September 8th 2023
The boards of Froedtert Health and ThedaCare have approved an agreement to form a combined system with 18 hospitals. They plan to come together at the start of the new year.
Legislation could add more scrutiny to healthcare mergers | Bills and Laws
A bipartisan bill would potentially give the Department of Health and Human Services a role in weighing the impact of hospital and healthcare consolidations.
Healthcare mergers: Expecting more in 2024
Despite a few big deals and a flurry of hospital transactions, healthcare merger activity has dipped. KPMG’s Ross Nelson sees potential for the pace to pick up.
Oregon Health & Science University, Legacy Health plan to merge
Legacy, which has been struggling financially, will become part of OHSU. If the deal is approved by regulators, they would form a 10-hospital system.
Hospitals can expect weak margins for the rest of 2023, and into 2024
There are signs of improvement, but nonprofit hospitals are probably a year away from some form of ‘normal’, according to a report from Fitch Ratings.
More hospital mergers are happening, and more may be on the way
The pace of transactions is picking up, with deals in the second quarter matching pre-pandemic levels. Anu Singh of Kaufman Hall says he expects more activity in the months ahead.
FTC looks to revamp review process of mergers
The Federal Trade Commission has proposed getting more information earlier to determine if there are competition issues. Regulators have applied more scrutiny to healthcare deals.
UPMC plans to acquire Washington Health System
The systems have partnered in some areas for years. Washington’s CEO calls it an ‘obvious choice.’
Novant Health acquires rural hospital, plans to invest $50M in improvements
The system hopes to transform Pender Medical Center into a true community general hospital within five years.
FTC opposes North Carolina bill on hospital mergers
The Federal Trade Commission says the measure would improperly shield consolidations from federal antitrust regulations and could hurt consumers.
Minnesota bill targets hospital mergers; Sanford Health, Fairview Health remain committed to deal
Lawmakers have approved legislation that would give the state’s attorney general more authority on hospital consolidations. Sanford and Fairview are planning to create a system with over 50 hospitals.
Hospital groups blast FTC for opposing Louisiana merger: ‘Unjustifiable overreach’
LCMC Health agreed to buy three hospitals from HCA Healthcare, and Louisiana officials approved the deal. The Federal Trade Commission has moved to block it, outraging hospital groups.
Kaiser Permanente’s acquisition of Geisinger: Billions committed in deal
The California system is forming a new health organization called Risant Health, and Geisinger will be the first member. Financial documents offer more details on the deal.
CommonSpirit Health completes acquisition of 5 Utah hospitals
The Catholic health system purchased the facilities from Steward Health Care. Centura Health will manage the hospitals.
Kaiser Permanente’s acquisition of Geisinger could reveal ‘art of the possible’
Kaiser Permanente is forming a new health organization called Risant Health, and Geisinger will be the first member. Healthcare experts see enormous promise and some open questions.
The Kaiser Permanente-Geisinger deal: Questions and answers
The California-based system plans to acquire Geisinger and form a new organization called Risant Health. Here’s a guide to understanding the plans.
Kaiser Permanente moves to acquire Geisinger in major deal
Assuming regulatory approval, the two systems announced the plans to launch a new organization, Risant Health, which will add other regional health systems.
LCMC Health, feds battle over acquisition of 3 HCA hospitals
LCMC agreed to buy the facilities from HCA Healthcare last fall, and Louisiana officials approved the deal. The Federal Trade Commission has moved to stop LCMC from integrating the three hospitals.
University of Michigan Health acquires Sparrow Health | 7 takeaways
The two Michigan systems have joined forces to form one organization. Here’s a closer look at the deal.
Two Wisconsin hospital systems are planning merger
Froedtert Health and ThedaCare have signed a letter of intent to consolidate the two systems.
Expect more hospital mergers and partnerships out of financial necessity
As health systems continue to struggle, more will be seeking to join with other systems, either in consolidating systems or working together in certain areas, says Ross Nelson of KPMG.
Carle Health completes deal to add three hospitals to system
The organization welcomes hospitals and clinics formerly with UnityPoint-Central Illinois.
UnityPoint Health, Presbyterian Healthcare Services plan to merge: Key takeaways
The two systems said they are exploring a partnership. If they come together, the merged organization would operate more than 40 hospitals.
MercyOne, Genesis Health System complete merger
The two systems announced their plans to join forces in September. MercyOne is part of Trinity Health, one of the nation’s largest nonprofit systems.
Amazon completes $3.9B purchase of One Medical, offers discounted subscription
The online retailer says annual subscriptions to the primary care organization will cost $144, or $12 per month. Regulators won’t sue to block the deal but say their investigation continues.
Intermountain Health CEO Rob Allen: Focus on caregivers, simplify the work
Allen, who took the post in December, talks with Chief Healthcare Executive about his hopes of sustaining the workforce, the greater need for partnerships, and value-based care.
Amid FTC opposition, SUNY Upstate Medical University drops plan to acquire Crouse Health
The Federal Trade Commission was investigating the planned merger, saying it would raise prices and reduce services for patients.
CommonSpirit Health splits with AdventHealth, then buys 5 hospitals from Steward Health Care
CommonSpirit is ending its partnership with AdventHealth after nearly three decades, and purchasing Steward's hospitals in Utah.
Why retailers face risks in acquiring primary care providers
CVS, Walgreen’s, Amazon and Walmart have all purchased primary care organizations. Hal Andrews of Trilliant Health talks about the changing landscape and what it means for health systems.
CVS is buying Oak Street Health in $10.6B deal, and moves into primary care
The step comes after CVS announced plans to buy Signify Health, a network of doctors delivering care to patients at home. And it’s another example of a retailer entering the primary care market.
Curi, Constellation agree to merge, form organization with $2B in assets
The two companies are leaders in medical liability insurance. They hope to close the deal in the second half of 2023.
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