by Jordana Choucair | Jun 2, 2022 | M&A
Value-based care provider CareMax announced plans to acquire Steward Health Care System’s Medicare value-based care business. The roughly $135 million deal would more than quintuple CareMax’s current number of covered seniors. The company currently covers roughly...
by Jordana Choucair | Jun 2, 2022 | M&A
Two Pennsylvania health systems – Butler Health System and Excela Health – have signed a letter of intent to merge. If finalized, the new five-hospital system would generate more than $1 billion in revenue and be the third largest in Western Pennsylvania based on...
by Jordana Choucair | May 18, 2022 | M&A
New Jersey regulators approved RWJBarnabas Health’s and Saint Peter’s Healthcare System’s proposed integration plan. The two health systems had signed a definitive agreement declaring their “intention to integrate” in late 2020. They are now awaiting a final approval...
by Jordana Choucair | May 12, 2022 | M&A
Advocate Aurora Health announced it will merge with Atrium Health to form the sixth largest health system in the country. The combined organization will serve more than 5 million patients and have 67 hospitals across seven states: Illinois, Wisconsin, North Carolina,...
by Jordana Choucair | May 10, 2022 | M&A
Pfizer Inc. said it will spend about $11.6 billion to buy the rest of Biohaven Pharmaceutical Holding Co., which makes the prescription migraine drug Nurtec. The deal, which is expected to be completed by early 2023, will give Pfizer full ownership of Biohaven after...
by Jordana Choucair | Apr 27, 2022 | M&A
A new report from KPMG found that the health care sector completed 34 percent fewer deals in the first quarter of 2022 compared to the fourth quarter of 2021. The firm said that deal activity fell because of business disruptions from the COVID-19 omicron surge early...
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