Mergers and Acquisitions

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.

Mergers and acquisitions fell to the lowest point in a decade. There should be more discussions in the months ahead.

Oracle bought Cerner in a $28 billion deal, giving the software giant a bigger presence in healthcare. It could inspire other tech companies to make moves.

Analysts say the deal could accelerate the move to the cloud. The companies say they will enable doctors to spend less time on records and more time with patients.

The $390 million deal is expected to close in early 2022. Cancer Treatment Centers will be converted to a non-profit organization.

Rural hospitals that merged reported reduced mortality and improved quality of care for six conditions.

The merge can make mental health treatment more accessible to patients.

AHA wants to meet with federal departments and agencies to discuss the benefits of healthcare mergers.

Hospitals with a higher share of Medicare patients performed worse financially and were more likely to face closure or acquisition.

A new CVS Health initiative uses a localized approach to increase mental health care accessibility and affordability, particularly for vulnerable populations like young adults and people of color.

The technology acquired could help ease the burden of physician burnout.