An affiliate of for-profit Prime Healthcare Services has agreed to buy 297-bed Mission Regional Medical Center to expand its reach in southern Texas.
Wisconsin last week unveiled plans to overhaul Medicaid by requiring members to pay insurance premiums and undergo a drug screening.
Increasing cost transparency coupled with new value-based incentives to better coordinate care will pressure merger partners to return some of the benefits from economies of scale and shared purchasing to patients, said a new report by the Healthcare Financial Management Association.
The big for-profit chains nowadays are selling rural hospitals because, even if they are profitable, they can't generate the margins that shareholders demand.
Although the Trump administration could shake up the healthcare market with plans to repeal and replace the Affordable Care Act, antitrust enforcement agencies will see few changes that could impact their aggressive stance against major consolidation in the industry.
Management of Quorum Health Corp. is negotiating to sell five more of its money-losing hospitals to go along with two already under contract. Though divestitures are a priority, Quorum has expressed an interest in acquiring a hospital in Huntsville, Texas.
AmSurg intends to make another $50 million worth of acquisitions in the fourth quarter, bringing to $400 million its spending on deals for all of 2016. It is shopping for physician-staffing companies and ambulatory surgery centers even as it prepares to complete a merger with Envision Healthcare.
Physician-staffing giant TeamHealth is taking steps to heal its IPC division, an effort that under Blackstone ownership can be best undertaken outside the glare of public equity markets. To fix IPC, management has created a separate leadership structure to grow its presence in post-acute medicine.
REITs are hoping more not-for-profit hospital systems will see the wisdom of selling off their real estate to unlock capital for expansion, a strategy increasingly being used by for-profit systems.
Aris Radiology, a Hudson, Ohio-based provider of professional radiology services, announced it has acquired Atlanta-based US Teleradiology, which it says will make the combined group one of the nation's largest full-service radiology providers.
Chicago-based real estate management firm Jones Lang LaSalle has acquired a consulting firm that uses technology to help healthcare facilities comply with building regulations.
Though the $10 billion, all-stock merger between physician-staffing giants AmSurg and Envision Healthcare has cleared several antitrust hurdles, Envision's stock price is down 19% since the merger was announced in June and AmSurg's is down 13%.