Category: Mergers and acquisitions, Finance

Lawsuit seeks to halt Deaconess’ planned hospital acquisition

A group called Save Jennie Stuart has filed a lawsuit seeking to stop Deaconess Health’s planned acquisition of Jennie Stuart Medical Center in Hopkinsville, Kentucky.

Addus Homecare buttons up $350 million Gentiva acquisition

Addus Homecare, a provider of home care services, has completed a $350 million acquisition of the personal care operations of Gentiva, which provides hospice, palliative and personal care services in the seven-state service area of Arizona, Arkansas, C…

Cencora expanding services with $4.6B Retina acquisition

Drug distributor Cencora has entered into a definitive agreement to acquire Retina Consultants of America, a management services organization (MSO) of retina specialists, from Webster Equity Partners for about $4.6 billion in cash.

Elevance planning CareBridge acquisition estimated at $2.7 billion

Elevance Health announced plans to acquire home health company CareBridge during its most recent earnings call, with Elevance Health CEO Gail Boudreaux saying it will serve as the foundation for subsidiary Carelon’s home health business.
“We’re excited…

FTC makes updates to pre-merger policies

The Federal Trade Commission has made changes to a rule meant to improve its ability to detect illegal mergers and acquisitions before they happen, by requiring healthcare companies to provide more information to regulators.

Elevance to acquire Indiana University Health Plans

Elevance Health has entered into an agreement to acquire Indiana University Health Plans, a managed care organization created by Indiana University Health.
After the acquisition closes, IU Health Plans will operate as part of Anthem Blue Cross and Blue…

State AGs greenlight Northwell, Nuvance merger

Attorneys general from Connecticut and New York have given their blessing to a 28-hospital merger proposed by Northwell Health and Nuvance Health that would establish a roughly $18 billion integrated health system.

UnitedHealth considering purchase of Surgery Partners

UnitedHealth Group is one of several potential buyers of Surgery Partners, an operator of ambulatory surgical centers, and negotiations on a potential deal are still in the nascent phase, Bloomberg reported.