by Jordana Choucair | Jan 6, 2022 | M&A
Advanced primary care provider Vera Whole Health has agreed to combine with health care data company Castlight Health in a $370 million all-cash deal. The transaction entails integrating Castlight Health’s technology, a digital platform offered to employers and health...
by Jordana Choucair | Jan 6, 2022 | M&A
NorthShore University HealthSystem and Edward-Elmhurst Health have merged into a nine-hospital system that will have roughly $5 billion in annual revenue. The partnership creates the third largest health system and the second largest physician network in the state....
by Jordana Choucair | Jan 6, 2022 | M&A
Addus HomeCare announced that it has reached an agreement to acquire “substantially all the assets of” JourneyCare for a purchase price of about $85 million. JourneyCare – one of the largest hospice and palliative care providers in Illinois – serves an average daily...
by Jordana Choucair | Jan 5, 2022 | M&A
Centene Corporation announced it completed its $2.2 billion acquisition of Magellan Health. The combination will create one of the country’s largest behavioral health platforms, including 41 million unique members. In addition to its behavioral health platform,...
by Jordana Choucair | Dec 21, 2021 | M&A
Oracle will buy Cerner, one of the largest vendors of electronic health record systems, for $28.3 billion in cash. The move positions Oracle as an even bigger health care player, as 25 percent of all hospitals use Cerner’s electronic records system. Oracle could...
by Jordana Choucair | Dec 13, 2021 | M&A
A new report from PwC found that health care mergers and acquisitions surged in 2021, growing 56 percent in the 12 months through November 15 versus 2020. There was particularly high growth among physician medical groups, managed care, and rehabilitation subsectors....
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