Cost-cutting and business from acquired Connecticut hospitals vaulted Trinity Health to a solid operating gain in its fiscal first half.
LifePoint Health has gone more than a year since acquiring a hospital, but its earlier shopping spree guided the health system to higher earnings and revenue in the first quarter.
Banner Health posted healthy income gains in 2016 despite a $153.8 million operating loss in its insurance operations.
Hospitals saw a year's worth of mega-mergers in the first quarter as big systems looked to partners to conserve capital, manage populations, tie up referrals and find efficiences. And the trend that gave rise to four large health system deals through March is more likely to accelerate than not.
The move comes a month after the collapse of the hospital system's proposed North Shore merger. Advocate Health Care is the largest hospital network in Illinois.
The co-founder of a Massachusetts compounding pharmacy was acquitted Wednesday of causing the deaths of 25 people but convicted of other racketeering charges in a nationwide meningitis outbreak in 2012.