by Jessica Casebolt | Feb 23, 2023 | M&A, Tea Leaves
UnitedHealth has closed its $5.4 billion acquisition of home health business LHC Group, continuing a trend of payers elbowing into direct care delivery. LHC Group will be folded into UnitedHealth’s Optum subsidiary. The combination will allow Optum and LHC to...
by Jessica Casebolt | Feb 22, 2023 | M&A, Tea Leaves
Amazon has closed its $3.9 billion deal to acquire primary care company One Medical. The announcement comes after the Federal Trade Commission declined to block the deal between the two companies after a five-month review that began in September. One Medical...
by Jessica Casebolt | Feb 16, 2023 | M&A, Tea Leaves
CommonSpirit Health, a Chicago-based nonprofit system, is buying five hospitals to extend its western U.S. footprint, despite a challenging operating environment that continues to weigh on the health care industry. CommonSpirit said on Wednesday it will acquire...
by Jessica Casebolt | Feb 15, 2023 | M&A, Tea Leaves
CommonSpirit Health and AdventHealth will unwind their longtime Centura Health joint venture, with CommonSpirit taking control of most of the 20 hospitals. The joint venture has reached its “natural maturity,” the health systems said in a news release. Florida-based...
by Jessica Casebolt | Feb 14, 2023 | M&A, Tea Leaves
Sanford Health and Fairview Health Services have agreed to push back their planned megamerger by two months. The delay comes weeks after Minnesota Attorney General Keith Ellison asked the companies to slow down the deal, which was to close by March 31, while his...
by Jordana Choucair | Feb 9, 2023 | M&A
Abbott Laboratories has agreed to acquire Cardiovascular Systems Inc. (CSI) in a deal with a total equity value of about $890 million. In a statement, Abbott officials said the deal would strengthen its portfolio of devices treating vascular disease. The companies...
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