Danville, Pa.-based Geisinger Health System has acquired Commonwealth Medical College, based in Scranton, Pa., offering the system a pipeline to future doctors.
Struggling Community Health Systems has agreed to sell three rural hospitals in Mississippi and one in Florida as part of its plan to pare debt and underperforming hospitals.
Ascension will sell hospitals in Idaho and Washington state to the for-profit hospital company created this summer through the merger of RegionalCare and Capella Healthcare.
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%.
Community Health Systems CEO Wayne Smith has said he wants to trim the company's hospital holdings to core markets. But the whole company might be up for sale or sold off in big blocks.
Building patient self-efficacy among patients to change unhealthy behaviors into new good habits—like reducing salt intake or tracking your weight daily—is one low-cost, high-return way to continue to make progress. And it benefits both the patient and the hospital.
The Service Employees International Union wants the attorney general of New Jersey to force a sale of five Prime Healthcare Services hospitals in response to a federal lawsuit against the hospital chain alleging it fraudulently billed Medicare.
Quest Diagnostics is outsourcing its revenue-cycle services to Optum, a giant UnitedHealth Group subsidiary, to reduce costs and improve cost transparency to customers. Quest will also become Optum's primary vendor for member biometric screening services Optum provides to employers and health plans.
WellStar has contracted with Tenet's revenue-cycle subsidiary, Conifer Health Solutions, for revenue-cycle services at all of its 11 hospitals in Georgia, Tenet Vice Chairman Keith Pitts told analysts at the recent Baird 2016 Global Healthcare Conference.
Eric Schneiderman's office is investigating Mylan over “potentially anticompetitive terms” in its sales contracts with school systems in the state. Such terms were discovered in a preliminary review by the attorney general's office, according to a news release.
The American Medical Association and several consumer groups called on a New York regulator to reject Anthem and Cigna's proposed $53 billion merger over concerns it will stifle insurance competition and lead to more costly, lower quality healthcare across the state.
One of the first issues facing new TeamHealth CEO Leif Murphy is speeding the integration with acquired IPC, a trouble spot for outgoing CEO Mike Snow.