OptumHealth Acquires Stewardship Health 

OptumHealth Acquires Stewardship Health 

UnitedHealth Group announced that one of its divisions, OptumHealth, has entered into an agreement to acquire Stewardship Health from Steward Health.  Stewardship Health is Steward Health’s physician network. The deal includes primary care doctors and other providers across nine states, including Massachusetts.  OptumHealth assists individuals to navigate the healthcare system, finance their care and achieve health and well-being goals. OptumHealth includes more than 90,000 doctors nationwide.  The deal is part of Steward’s effort to recover from a financial hole and preserve jobs. The deal is still being finalized. The financial terms were not disclosed.... Read More »
U.S. Hospital Transaction Trends, at Mid-Year

U.S. Hospital Transaction Trends, at Mid-Year

It just might be “the pause that refreshes.” Or it could be the beginning of a painful contraction in the hospital market. In the first five months of 2018, 34 deals—representing definitive agreements and closures—have been announced. That’s the same number reported in the first five months of 2017. The difference lies behind the number of deals, of course. In the first five months of 2017, several large hospital systems merged or were acquired. Among the deals were Mississippi Baptist Health System (four hospitals) and Baptist Memorial Health (17 hospitals); IASIS Healthcare (17 hospitals) and Steward Health Care (18 hospitals); and Steward Health’s acquisition of eight hospitals from... Read More »