Friday, March 3, 2023: M&A

by | Mar 3, 2023 | M&A, Tea Leaves

Iowa-based UnityPoint Health and New Mexico-based Presbyterian Healthcare Services announced Thursday that they have signed a letter of intent “to explore the formation of a new health care organization,” a merge that would create an organization with roughly $11...

Thursday, February 23, 2023: M&A

by | Feb 23, 2023 | M&A, Tea Leaves

UnitedHealth has closed its $5.4 billion acquisition of home health business LHC Group, continuing a trend of payers elbowing into direct care delivery. LHC Group will be folded into UnitedHealth’s Optum subsidiary. The combination will allow Optum and LHC to...

Wednesday, February 22, 2023: M&A

by | Feb 22, 2023 | M&A, Tea Leaves

Amazon has closed its $3.9 billion deal to acquire primary care company One Medical. The announcement comes after the Federal Trade Commission declined to block the deal between the two companies after a five-month review that began in September. One Medical...

Thursday, February 16, 2023: M&A

by | Feb 16, 2023 | M&A, Tea Leaves

CommonSpirit Health, a Chicago-based nonprofit system, is buying five hospitals to extend its western U.S. footprint, despite a challenging operating environment that continues to weigh on the health care industry. CommonSpirit said on Wednesday it will acquire...

Wednesday, February 15, 2023: M&A

by | Feb 15, 2023 | M&A, Tea Leaves

CommonSpirit Health and AdventHealth will unwind their longtime Centura Health joint venture, with CommonSpirit taking control of most of the 20 hospitals. The joint venture has reached its “natural maturity,” the health systems said in a news release. Florida-based...

Tuesday, February 14, 2023: M&A

by | Feb 14, 2023 | M&A, Tea Leaves

Sanford Health and Fairview Health Services have agreed to push back their planned megamerger by two months. The delay comes weeks after Minnesota Attorney General Keith Ellison asked the companies to slow down the deal, which was to close by March 31, while his...