Consolidation growing among health providers but many leaving money on the table
While M&As bustle among providers, the average U.S. health system acquirer is leaving a whopping $30 million annually on the table, according to a new report.
Sanford Health and UnityPoint Health announce plans to merge
The combination would rank among the top 15 largest nonprofit health systems in the country and span 76 hospitals across 26 states and nine countries, employing 83,000 staffers and 2,600 physicians.
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The Top 5 Home Care Franchise Opportunities in the U.S.
The home care industry is booming. As Baby Boomers age and more families seek in-home solutions for loved ones, demand for home care services is at an all-time high.
UnitedHealth Group cuts purchase price for DaVita assets by $560M
The companies said the new price was due to a decline in the financial status of the medical group, along with a desire to expedite the process of obtaining clearance from the Federal Trade Commission.
Study: Healthcare consolidation leads to higher hospital prices
Hospital chains that buy up other facilities, clinics and physician offices often tout savings and improved services from coordinating patient care and eliminating inefficiencies. The researchers found no evidence that any potential savings were being passed along to the employers, insurers and patients who pay for the care.
Prime poised to acquire six California Daughters of Charity hospitals for $300 million
Despite multiple protests and controversy, Southern California-based Prime Healthcare Services appears poised to acquire six hospitals operated by financially strapped Daughters of Charity in California for $300 million. The San Francisco Business Times reports that Daughters CEO Robert Issai said Prime’s offer, which has been protested by California’s biggest healthcare union, SEIU-UHW, would also include […]
Privia hopes to help independent physician groups with $400M expansion
Privia Health, which seeks to help physician practices remain independent in lieu of massive consolidation occurring in healthcare, is significantly boosting those efforts with a $400 million national expansion. Backed by an investor group led by an affiliate of Goldman Sachs, the Virginia-based physician practice management group said the expansion is a direct result of the […]
The Human Algorithm: What AI Can’t Replace in Pharma Engagement
At a time when AI is reshaping pharma, Reverba Global CEO Cheryl Lubbert explained in an interview why empathy, context, and ethics still require a human touch.
Three risks payers and providers must take now to survive into 2024
The future of healthcare was all over MedCity CONVERGE 2014, and not just in the form of vague predictions about robot doctors and implanted sensors that track our every biological process. A doctor, an IT expert and a process improvement expert talked about what hospitals will look like in 2024, which ones will still be […]