Catholic Medical Center is exploring a partnership with HCA Healthcare, which would acquire the nonprofit hospital. The two parties have signed a nonbonding letter of intent, CMC announced. “We have been on a journey to identify a partner that will, first and foremost, support our mission of health, healing and hope, as well as a …
CMC Negotiating with HCA Healthcare to Explore Partnership Read More »
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Milford Regional Medical Center and Milford Regional Physician Group and UMass Memorial Health, with the approval of their respective Boards of Trustees, have announced the signing of a non-binding Letter of Intent that will allow the organizations to explore a potential corporate affiliation. A full-service, community and regional teaching hospital, Milford Regional is a 148-bed, …
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The advancement of value-based care cannot and should not exist solely in a payvider model, Intermountain Health CEO Rob Allen argued in an interview last week. Having its own health plan made things “a little easier” when Intermountain began getting serious about at-risk contracts, but achieving success in value-based care “is more about your commitment …
Intermountain CEO: You Don’t Have to Be a Payvider to Reach Scale in VBC Read More »
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A U.S. judge on Wednesday said a hospital consolidation in Louisiana was beyond the reach of federal antitrust law, delivering a setback to the U.S. Federal Trade Commission in a clash over the scope of its power to review certain acquisitions. U.S. District Judge Lance Africk in New Orleans in a 29-page order said Louisiana’s …
US Judge Blocks FTC Bid to Review Louisiana Hospital Deal Read More »
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Cross-market deals accounted for more than half of all hospital mergers and acquisitions during the last decade, according to a paper from experts on antitrust law. Today, nearly 60% of health systems operate multiple hospitals in different geographic markets. The Federal Trade Commission and the Justice Department are reviewing public comments on draft merger guidelines …
Who Polices Hospitals Merging Across Markets? States Give Different Answers Read More »
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