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Tag: Mergers and Acquisitions

CHS sells ambulatory lab assets to Labcorp for $194M

Community Health Systems completed its $194 million sale of ambulatory laboratory services to Labcorp this week, marking another significant divestiture for the struggling hospital...

Dr. John D’Angelo takes helm as Northwell’s new CEO

John D’Angelo, MD, officially takes the reins as the new Chief Executive Officer of Northwell Health on October 1st, stepping into a role that...

McKesson to invest $2.5B for stake in Florida oncology

McKesson, a leading healthcare distribution company, has announced plans to invest nearly $2.5 billion in Community Oncology Revitalization Enterprise Ventures (Core Ventures), the business...

Crozer Health to be sold to CHA Partners by Prospect Medical

In a significant development for the healthcare landscape in Delaware County, Prospect Medical Holdings has signed a letter of intent to sell Crozer Health...

Woodbridge to Acquire 3 CHS Pennsylvania Hospitals for $120M

In a significant healthcare transaction, Woodbridge Healthcare, a non-profit organization, has entered into an agreement to purchase Commonwealth Health, a network of three hospitals...

Steward’s physician group sale to Optum is off

Steward Health Care suffered a major setback in its financial recovery plans after Optum, a subsidiary of UnitedHealth Group, opted out of bidding for...

Hospital Mergers Drive Up Prices and Cause Job Losses

A new study by the National Bureau of Economic Research paints a concerning picture of the ripple effects caused by hospital mergers. The analysis,...

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