Industry News

CHS Majority Investor Turning Activist

Modern Healthcare reports that Chinese billionaire Tianqiao Chen, the largest shareholder of Community Health Systems (CHS), signaled on that his passive investment in the struggling hospital chain could turn activist. In a regulatory filing on March 13, 2017, Chen noted that the 15.6 million shares of CHS that he and…

healthcare information technology
GetWellNetwork and Veterans Affairs Integrate Technology to Transform Care

GetWellNetwork®, Inc., the leader in Interactive Patient Care™ (IPC) solutions, today announced the completion of interfaces enabling secure data exchange between the company’s IPC platform and VistA/CPRS, the Veterans Health Administration’s (VHA) electronic health record system. GetWellNetwork also integrates with other technology platforms used by the VHA, including Computrition for…

healthcare merger and acquisitions
UPMC to Affiliate with Pinnacle Health

The Pittsburgh Post-Gazette is reporting that University of Pittsburgh Medical Center (UPMC) has agreed to affiliate with Pinnacle Health Hospitals. UPMC agreed to affiliate with Pinnacle Health the same day that Pinnacle Health announced that it was buying four hospitals from for-profit hospital chain Community Health Systems (CHS). As previously…

healthcare merger and acquisitions
Community Health Systems to Divest Four Pennsylvania Hospitals

Community Health Systems, Inc. announced today that subsidiaries of the Company have signed a definitive agreement to sell four Pennsylvania hospitals and their associated assets to subsidiaries of PinnacleHealth System. Hospitals included in the transaction are 100-bed Memorial Hospital of York in York, 214-bed Lancaster Regional Medical Center in Lancaster,…

healthcare information technology
Overnight Patients Can Now Consult a Doctor Via Telemedicine

Telemedicine is proving very effective for many kinds of medical consultations, and its acceptance by patients has exceeded initial expectations. Spectrum Health Ludington Hospital is expanding use of telemedicine, in which patients interact with a physician via a mobile computer web connection, to its hospitalist program. The hospitalists, doctors who…

healthcare merger and acquisitions
Fairview and HealthEast Announce Plans to Combine

Fairview and HealthEast announced today that the organizations will combine to create one of the most comprehensive and geographically accessible health systems in the state. “Bringing Fairview and HealthEast together will create a world-class health system committed to serving our communities and the region,” said James Hereford, Fairview president and…

Hospital Construction
OU Medicine, SSM Health End Plans to Formally Unite

The University Hospitals Authority and Trust (UHAT), The University of Oklahoma (OU), and SSM Health’s St. Anthony Hospitals and Physicians Group announced today they will work to enhance care by clinically integrating their organizations, but they will not move forward with plans to formally unite the governance and financial interests…

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