Independent Palos Health has signed a nonbinding letter of intent to join Loyola Medicine, a not-for-profit three-hospital system owned by Catholic giant Trinity Health.
Sanford Health CEO Kelby Krabbenhoft is aiming for growth outside of the organization's core hospital portfolio.
California-based Verity wants to implement a public auction where other buyers could outbid KPC for Francis Medical Center in Lynwood, St. Vincent Medical Center in Los Angeles, Seton Medical Center in Daly City and Seton Coastside in Moss Beach.
North Carolina's attorney general approved hospital giant HCA Healthcare's $1.5 billion acquisition of Asheville-based Mission Health, after nabbing commitments from HCA meant to protect the state's healthcare industry.
Definitive Healthcare will combine the data from HIMSS Analytics with its existing data sets.
California's attorney general asked a bankruptcy judge to block the sale of two Verity Health hospitals to Santa Clara County while he appeals the judge's ruling to let the deal proceed without the AG's conditions.
Health systems and insurers explained their breakthrough deals, showcased their cost-cutting game plans and discussed harnessing technology at the 37th J.P. Morgan Healthcare Conference.
The Philadelphia-based academic health systems have an exclusive 90-day window to determine whether the acquisition will be a good fit. They will also evaluate the sale of Temple's interest in Health Partners Plans.
CVS Health leadership said despite a federal judge's ongoing review of the company's merger with Aetna, they are "one company" and expect benefits to begin accruing in the first quarter, with medical cost savings by the end of the year.
Nearly three-quarters of 291 senior executives polled said they expect better business performance in 2019 than last year, fueled primarily by mergers and acquisitions.
Eli Lilly is spending about $8 billion in cash to buy Loxo Oncology, as the drugmaker bulks up on cancer treatments that target certain gene abnormalities.
Years after it first announced it wanted to exit the insurance business, Catholic Health Initiatives is selling its Arkansas insurance plan QualChoice to insurer Centene Corp.