Mergers and Acquisitions

It’s been a slow start to the year for healthcare mergers, but analysts project more transactions in the coming months. Critics worry about the prospect of mega-deals.

The e-commerce behemoth is buying the primary care provider, saying the health industry needs reinvention. Analysts say Amazon could succeed.

The Rhode Island system said it weighed other options. While Care New England is looking for partnerships, the board voted to continue operating independently.

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.

The Federal Trade Commission is suing to block the deal, arguing it would hurt competition and lead to higher prices.

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.

The Rhode Island-based system hopes to have some options this summer, CEO James Fanale says.

New Hampshire’s attorney general opposed the deal. Shortly afterward, the two systems said they were abandoning the planned partnership.

The healthcare systems aim to create a premier academic medical center. The deal still requires the approval of federal regulators.

The planned union would create one of America’s largest nonprofit systems. Ken Kaufman of Kaufman Hall said he expects to see more partnerships.

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.

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.

Analysts talked with Chief Healthcare Executive about the areas of high interest to investors.

Ash Shehata of KPMG talked to Chief Healthcare Executive about why he expects to see more deals in the health sector in the months ahead.

The U.S. Department of Health and Human Services issued a report examining changes in ownership. HHS also unveiled a new public database, touting it as a way to improve transparency and quality.

There were only 12 announced transactions in the first quarter, according to a report by Kaufman Hall. But some analysts expect more activity as the year progresses.

Tower Health closed two hospitals and another suitor dropped its bid to purchase the facilities in the Philadelphia suburbs. Local officials hope to find a new organization to reopen the hospitals.

The Delaware-based system announced its intent to buy Crozer last month. While ChristianaCare enjoys a strong reputation, the deal carries some risks.

The organization now operates 19 hospitals, more than any other system in Georgia.

The Federal Reserve has all but assured interest rates will rise. Healthcare leaders should be thinking now about upcoming projects and their financial plans.

With the conclusion of the deal, City of Hope will convert the Cancer Treatment Centers into a non-profit organization.

It represents a 79% increase over the previous year, CB Insights reports. The COVID-19 pandemic is fueling the appetite for digital health technologies.

The company continues its strategy of expanding in fast-growing areas of the country.

Investors project more deals to be done due to the transformation of healthcare and a host of other factors.