by Jessica Casebolt | Jul 17, 2024 | M&A, Tea Leaves
The House Appropriations Committee approved the fiscal 2025 HHS spending plan along party lines despite Democratic objections to Republican initiatives aimed at restricting abortion access and restructuring National Institues of Health (NIH). The GOP-proposed budget...
by Jessica Casebolt | Jul 17, 2024 | M&A, Tea Leaves
Midwest health systems Sanford Health and Marshfield Clinic Health System have announced plans to explore a merger, potentially forming a significant nonprofit entity with 56 hospitals and projected revenues of $10 billion. This merger aims to leverage their...
by Jessica Casebolt | Jul 16, 2024 | M&A, Tea Leaves
Optum, a subsidiary of UnitedHealth Group, has decided to withdraw from its previously announced agreement to acquire Steward Health Care’s physician group, as confirmed by the Massachusetts Health Policy Commission (HPC). The deal, originally disclosed in March as a...
by Jessica Casebolt | Jul 16, 2024 | M&A, Tea Leaves
A recent National Bureau of Economic Research working paper reveals that increased health care costs following hospital mergers lead to higher insurance premiums for employers, prompting them to lay off employees rather than reduce wages. Researchers from multiple...
by Jessica Casebolt | Jun 24, 2024 | M&A, Tea Leaves
Kaiser-backed Risant Health has signed a definitive agreement to acquire North Carolina-based hospital system Cone Health, now the second system to join Risant Health, a nonprofit formed to build a national value-based care network. The two organizations were in talks...
by Jessica Casebolt | Mar 11, 2024 | M&A, Tea Leaves
Elevance Health is acquiring Paragon Healthcare, a Texas-based company specializing in infusible and injectable drug therapies. Paragon Healthcare patients will receive medical and pharmacy benefits from Elevance Health subsidiaries and operate within CarelonRx,...
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