The newly minted Tryon Medical Group plans to open eight offices and hire around 300 employees by the end of the year, after the group of 90 doctors officially part ways with Atrium Health.
For-profit rural hospital operators LifePoint Health and RCCH HealthCare Partners unveiled their plan to merge, and analysts say the private equity firm that owns RCCH will likely create a real estate investment trust with LifePoint’s assets.
John Starcher, president and CEO of Mercy Health, will lead the new organization with Bon Secours Health System after the merger closes, likely in the fall. Rich Statuto, longtime president and CEO of Bon Secours, will retire next year.
After switching two of its medical centers from Epic to Cerner, Banner Health saw increased losses in its university delivery operations, reflecting the costly software switch for those two Tucson, Ariz., facilities.
The House starts its effort to expand HSAs this week, and will also vote to allow tax credits to fund off-exchange catastrophic coverage and permanently repeal the Obamacare medical device tax.
It’s more than $1 billion over budget and five years behind schedule, but an elaborate new veterans hospital is finally ready to open in suburban Denver with the promise of state-of-the-art medical care.
LifePoint Health and RCCH Healthcare Partners signed a definitive agreement to merge. LifePoint shareholders will receive $65 per share in cash once the transaction closes, resulting in a $5.6 billion purchase price.
Long before Amazon announced its joint healthcare venture and PillPack acquisition, the e-commerce giant has been slowly growing its portfolio of medical supplies offered through its Amazon Business platform.