Health system and hospital consolidation in 2017 will likely outpace 2016's mark and continue at the same pace through next year as systems get more creative with their partnerships, experts said.
The Dignity Health and Catholic Health Initiatives deal is still on, Dignity leaders said in a conference call Friday, marking about a year since the merger plans were initially announced.
Academic medical centers have turned to larger health systems to survive as their margins tighten. But a new study says pressure to become more profitable after those mergers can limit their investigative work.
Tenet has been busy shopping around its hospitals nationwide, and now it's sold MacNeal Hospital to Loyola Medicine. Dallas-based Tenet is looking to sell its other three hospitals in the area and exit the Chicago market entirely.
Pharmacy benefit manger Express Scripts will acquire medical benefits management company EviCore Healthcare for $3.6 billion, a move that will allow the company to access that growing market, the company said Tuesday.
The hospital industry's inclination to buy and sell creates challenges for hospitals with Jewish affiliations.
Little Company of Mary Hospital & Health Care Centers has signed a letter of intent to join Rush, the Chicago-based academic hub that's been looking to bulk up. The deal marks Rush's expansion to the south suburbs and Little Company's exit as an independent hospital.
With Iasis Healthcare's 18 hospitals in Arizona, Arkansas, Colorado, Louisiana, Texas and Utah, Boston-based Steward Health Care is now the largest private hospital operator in the country, the system said.
Dr. J. Mario Molina, the former CEO of Molina Healthcare who was ousted earlier this year, said he is buying 17 of the health insurer's medical clinics as it pulls back on primary care nationwide.
A $1.4 billion investment gain covered a 2017 decline in operating income largely caused by Ascension's more generous charity policies.
Appalachian Regional Healthcare and Highlands Health System say they hope to finalize the deal by early next year.
The acquisition of HealthSun, with its 40,000 Medicare Advantage members, will give Anthem 650,000 Medicare and Medicaid members across Florida