Steward Health Care has reached a pivotal moment in its bankruptcy proceedings by agreeing to sell its extensive network of primary care physicians, Stewardship Health, to Rural Healthcare Group (RHG) for $245 million. This transaction, pending regulatory approval, is expected to bring significant
The first half of 2024 witnessed a significant surge in mergers and acquisitions (M&A) within the medtech industry. Multibillion-dollar deals have not only reshaped market dynamics but also signaled strategic shifts and technological advancements. This article delves into the top five deals
Prime Healthcare, a California-based for-profit health system, has announced its acquisition of nine Illinois hospitals and associated facilities from the nonprofit Catholic health system, Ascension. This transaction represents a significant expansion in Prime Healthcare’s portfolio and includes a c
The merger of Jefferson Health and Lehigh Valley Health Network is positioned to become a transformative force in the healthcare landscape of Pennsylvania and beyond. Announced on August 5, 2024, this combination creates one of the 15 largest nonprofit hospital systems in the United States,
