What U.S. Hospitals Are Acquiring in 2016

by | Nov 16, 2016 8:45 pm | Behavioral Health Care, eHealth, Home Health & Hospice, Hospitals, Laboratories, MRI & Dialysis, Long-Term Care, Managed Care, Other Services, Physician Medical Groups | 0 comments

Hospital acquisitions have surged since the Affordable Care Act was passed in 2010. That year, 76 deals were announced, with a U.S. hospital or health system as a target. By 2012, 107 transactions were recorded for hospital targets, and that still stands as the highest number of deals per year. Only 2015 came close, with 102 hospital transactions. Through mid-November, there have been 79 deals announced with U.S. hospitals or health systems as the target. But what are U.S. hospitals acquiring for their own financial health? Other hospitals or health systems make up the majority of targets every year, of course.  So far this year, through mid November, 66 transactions... Read More »

Fairview Health Buys Second Health Plan

by | Apr 5, 2016 7:16 pm | Managed Care | 0 comments

Fairview Health Services is building out its managed care platform. In January, the Minneapolis-based nonprofit, integrated health system announced the acquisition of PreferredOne, which serves more than 1,500 employers and 285,000 members in Minnesota. The company saw dramatic growth in the first year of MNsure, the state’s health insurance exchange, but was forced to drop out after $139 million in financial losses. In April. Fairview signed a letter of intent to acquire UCare., an independent, not-for-profit health paln providing health care and administrative services to members throughout Minnesota. UCare will become a wholly-owned subsidiary of Fairview, and will join... Read More »