Among the nation’s 453 ACOs, Providence’s Health Connect Partners generated the highest shared savings for Medicare in 2023 with $137 million saved through its senior program.
From CHS striking a deal to sell another hospital to General Catalyst signing a definitive agreement with Summa Health, here are 11 hospital M&A moves reported by Becker’s since Nov. 1:
Eduardo Conrado, president of St. Louis-based Ascension, discussed the health system’s May ransomware attack at a Nov. 8 United Nations Security Council meeting.
A federal grand jury has re-indicted a former Yale New Haven (Conn.) Hospital nurse accused of tampering with medications meant to be dispensed to patients, according to a Nov. 9 report from the Republican-American.
Franklin, Tenn.-based Community Health Systems has completed or lined up multiple hospital sales this year as part of its divestiture plan, which aims to take in about $1 billion this year after offloading hospitals across various markets.
Medicare Advantage now provides health coverage to around 55% of the nation’s seniors, but some hospitals and health systems are choosing to end contracts with some MA plans due to administrative hurdles. The most frequently cited challenges include hi…