Community Health Systems CEO Wayne Smith said Thursday that the hospital company on April 1 intends to let lapse a poison pill defense against a potential hostile takeover as it pursues a turnaround that includes hospital and asset divestitures.
Leaders say the deal would improve access, delivery, quality and efficiency of pediatric health services and create the most comprehensive pediatric health network in the region.
Sequel Youth and Family Services, a growing behavioral health provider, is set to become a public company in April upon completion of its sale to Global Partner Acquisition Corp. GPAC liked Sequel for its clinical programs and growth track record in a burgeoning healthcare segment.
Two disruptors in the group purchasing sector announced growth in their membership this week. But hospitals' use of GPOs makes it hard to determine who's winning the business.
CynergisTek, a privately held computer security firm, has been acquired by Auxilio, a document workflow management company, in a deal valued at $34 million.
Leaders from Summa Health System and Summa Emergency Associates, the independent physician group that staffed the system's emergency departments until this month, agree on this: Contract negotiations, which ultimately broke down days before the deadline, could have started sooner.
Hospital executives who paraded before investors last week at the J.P. Morgan Healthcare Conference in San Francisco put on a brave face about the coming repeal of the Affordable Care Act.
Scott Powder, Advocate Health Care's chief strategy officer, had a frustrating experience trying to price shop for an MRI for his daughter. That's part of what led him to embark on a two-year effort to make his system's pricing simpler and more transparent for consumers.
Mountain States Health Alliance and Wellmont Health System are taking time to tweak their merger application after federal regulators and prominent health economists slammed the deal.
Two Republican committee chairmen want Congress to consider cutting “optional” Medicaid eligibility and benefit categories as a way to control the growth of Medicaid spending.
Hospital executives in Illinois Thursday fought before the state Supreme Court to maintain not-for-profits' property tax exemption.
Healthcare giant Johnson & Johnson plans next month to disclose price increases of its prescription drugs as the industry tries to calm the storm over soaring prices.