Merger & Acquisitions

healthcare merger and acquisitions
Billionaire Doctor Snaps up Controlling Stake in Four Bay Area Hospitals

Silicon Valley Business Journal and the East Bay Times are reporting Dr. Patrick Soon-Shiong, a billionaire physician who owns NantWorks, NantHealth, and NantKwest, has acquired a controlling stake in the management company that oversees Verity Health System’s six hospitals. Soon-Shiong infused financial backing into Integrity Healthcare, which operates Verity Health’s…

healthcare merger and acquisitions
MaineHealth Advances Plan to Combine Healthcare Systems

MaineHealth Advances Plan to Combine Healthcare Systems As written in the Press Herald, MaineHealth is planning to merge all of its member organizations into a single nonprofit entity that would make financial decisions for the entire group. Nine of its 10 members’ boards of trustees have approved a draft of…

healthcare merger and acquisitions
Jersey Shore Hospital to Join Geisinger

According to The Express, Jersey Shore Hospital will integrate into the much larger Geisinger Health System. Under the terms of the integration, Jersey Shore Hospital will be folded into Geisinger, although the two entities will maintain their own operating licenses. The agreement is expected to receive final approval after a…

healthcare merger and acquisitions
Fairview Says Merger with HealthEast Moving Forward

Fairview Says Merger with HealthEast Moving Forward The Star Tribune is reporting HealthEast Care System’s merger with Fairview Health Services is moving forward and is expected to be complete by June 1, 2017. The two organizations are currently undergoing an integration and plan to finance the capital needed to merge…

1 2 8