Hospitals that don't adapt could get squeezed out of the care continuum as insurers grow and direct more care to lower-cost settings, according to a new analysis from Moody's Investors Service.
Brookdale Senior Living's board of directors has rejected a buyout offer and instead will shake up its leadership to oversee the company's turnaround.
Mercy Health and Bon Secours Health System plan to merge, forming a 43-hospital organization that serves seven states with $8 billion in net operating revenue, the systems announced Wednesday.
The decline of the independent medical practice and lack of physician-owned hospitals caused by consolidation have negative implications for continuity of patient care, quality, innovation and cost, the Physicians Advocacy Institute warned Congress.
Manhattan oncology data company Flatiron Health said Thursday it has agreed to be acquired by the Swiss drugmaker Roche for $1.9 billion. The landmark deal signals the growing strength of the city's health technology sector.
The Federal Trade Commission and an Illinois regulatory board have approved the proposed merger between Advocate Health Care and Aurora Health Care. The deal still needs approval from Wisconsin regulators.
Ascension and Presence Health signed a definitive agreement to bring Presence into Amita Health, a joint venture between Ascension and Adventist Midwest Health. The two systems signed a letter of intent six months ago.
CHS will sell a 60-bed hospital, Byrd Regional Hospital in Leesville, La., to Allegiance Health Management. The Franklin-based system expects the deal to close in the first half of 2018.
CityMD, the New York metro area's largest urgent-care chain, is bulking up some more. The company said today that it has agreed to acquire Stat Health, a competitor with 12 walk-in clinics on Long Island, in a move that expands its presence in Suffolk County.
Providers should not expect to see lower drug prices from a potential Walgreens Boots Alliance and AmerisourceBergen Corp. deal, analysts say.
The wearables giant is jumping into healthcare with the acquisition of Twine, which makes an employee engagement platform for employers.
Atrium Health, previously Carolinas HealthCare System, and Navicent Health signed a letter of intent to merge, the organizations announced Thursday.