Empowering Hospital Workforces Amid Mergers and Consolidations
By implementing workforce management technology to support the people who take care of the patients, health systems can ensure that merger and acquisition activity is a success.
What Impact Will California’s New “Transaction Review” Law Have?
California passed a law last year aimed at controlling rising healthcare costs that gave the state the ability to scrutinize healthcare deals of a certain size involving California companies. What impact can it have?
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Market Trends to Watch for Health Systems and Their Specialty Pharmacies
The future looks bright for the integrated specialty pharmacy model – for health systems, providers, and most importantly, for patients.
Healthcare M&A Activity Reaches 3-Year Low, But It Might Pick Up in the Back Half of ‘23
M&A activity in the healthcare sector continued to decline in the second quarter of 2023, with the number of deals reaching its lowest point in three years. However, a new report predicted that M&A activity could increase in the second half of this year due to healthcare companies’ continually shrinking valuations and their divestitures of non-core assets.
Hospital M&A Activity Caught Up to Pre-Pandemic Levels in Q2
M&A activity among hospitals and health systems increased in Q2 of 2023 — there were 20 deals in Q2 compared to 15 deals in Q1, according to a new report. This surge brought Q2’s M&A activity levels in line with those observed before the pandemic. Q2’s 20 deal marks the highest number of announced transactions for hospitals and health systems since Q1 of 2020.
Health Systems Will Seek More Cross-Market Mergers, But Many Will Fail
Last week, New Mexico-based Presbyterian Healthcare Services and Midwest-based UnityPoint Health signed a letter of intent to merge. One consultant thinks these kinds of announcements will continue in the coming years, but a significant chunk of these intended mergers will end up being called off due to health systems realizing they’re not ready to make the sacrifices needed to reap the benefits of a megamerger.
3 ways to ensure the IT budget doesn’t get lost in your healthcare merger
Leaders should be proactive about investing in IT to avoid costly issues in the future. Examine existing technology for potential risks and redundancies, assess system performance, and establish forward-looking goals and benchmarks.
Reducing Clinical and Staff Burnout with AI Automation
As technology advances, AI-powered tools will increasingly reduce the administrative burdens on healthcare providers.
The topsy turvy world of medtech startup exits these days
Large corporations don't hold all the bargaining power in the world of medtech M&A these days, says a corporate venture capitalist with Boston Scientific.
NantHealth acquiring Chicago precision medicine startup Health Heritage
Dr. William Knaus, who created Health Heritage, has been executive director for clinical research informatics at NantHealth since September.
Geisinger hits Jersey Shore with AtlantiCare merger
The Geisinger Health System empire is bringing its model of value-based care to the Atlantic City area.
Qualcomm acquisition continues health data integration parade
Qualcomm Life, the health and life sciences subsidiary of communications giant Qualcomm, has purchased medical device and health IT integrator Capsule Technologie for an undisclosed sum.
Health Executives on Digital Transformation in Healthcare
Hear executives from Quantum Health, Surescripts, EY, Clinical Architecture and Personify Health share their views on digital transformation in healthcare.
GetWellNetwork buys competitor Skylight Healthcare Systems
Both GetWellNetwork and Skylight deliver educational content and communications tools to inpatients at the bedside, through televisions, computers and mobile devices.
IBM to acquire imaging, EHR firm Merge Healthcare for $1B
IBM will re-enter the electronic health records business and also give supercomputer Watson the ability to "see" medical images, thanks to a planned $1 billion acquisition of Merge Healthcare.
CVS Health buying Target’s pharmacies, clinics for $1.9B
CVS Health, already the nation's No. 2 pharmacy chain and largest operator of walk-in clinics, is getting larger after agreeing to buy Target Corp.'s pharmacies and clinics for $1.9 billion.
PipelineRX expands telepharmacy presence with acquisition in Colorado
San Francisco-based telepharmacy company PipelineRX has acquired a similar company in Denver, Quality Pharmacy Management, as a means to expand its hospital pharmacy outsourcing tools that it says can help drive down costs. The acquisition, according to PipelineRX, bolsters the company’s existing presence in six western states, including California, Colorado, Utah, Oregon, Wyoming and Alaska. […]
Modernizing Medicine expands offerings with acquisition of Aesyntix Health
Modernizing Medicine, a Florida-based developer of cloud-based electronic medical records, has acquired Aesyntix Health, a privately held revenue cycle management company based in California. The acquisition for Modernizing Medicine adds several new capabilities to the company, including revenue and inventory management and it includes Aesyntix Physician Netowrk, a medical group purchasing organization. Terms of the […]