by Jessica Casebolt | Jul 31, 2023 | M&A, Tea Leaves
The proposed merger of Colorado-based UCHealth and Parkview Health System has stalled due to “regulatory matters,” according to financial documents filed this week. Parkview said in the filing that its pending combination with UC Health would not close in...
by Jessica Casebolt | Jul 31, 2023 | M&A, Tea Leaves
Urgent care center chain FastMed has signed another deal handing off many of its Southwest locations to a health system buyer. Arizona-based HonorHealth announced that it had signed a deal to buy out 26 urgent care centers it had been running jointly in the state with...
by Jessica Casebolt | Jul 31, 2023 | M&A, Tea Leaves
Virginia-based UVA Health announced on Tuesday a partnership with Riverside Health System, the latest move in the academic health system’s efforts to form a statewide network. UVA Health will acquire a 5 percent ownership stake in Riverside, which operates four...
by Jessica Casebolt | Jul 13, 2023 | M&A, Tea Leaves
A federal judge on Wednesday granted Teladoc Health’s motion to dismiss a securities class-action suit against the telehealth company stemming from its merger with Livongo. The amended version of the complaint, originally filed as a putative class action against...
by Jessica Casebolt | Jul 12, 2023 | M&A, Tea Leaves
Baylor Scott & White Health (BSW) is adding dozens of Texas urgent care clinics to its network thanks to a newly announced deal with NextCare Urgent Care. Forty-one facilities in “fast-growing areas” such as Houston, San Antonio, and Abilene will give the state’s...
by Jessica Casebolt | Jul 12, 2023 | M&A, Tea Leaves
Bright Health Group announced that it will sell its final insurance assets to Molina Healthcare for up to $600 million in cash. Bright Health needed to ink a proposed sale agreement for its Medicare Advantage business in California by Friday to avoid bankruptcy after...
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