acquisition news from FierceHealthcare
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Fresenius buying pharmaceutical firm for $3.7B
Germany-based healthcare products and services firm Fresenius has agreed to acquire Schaumburg, IL-based APP Pharmaceuticals in a bid to enter the North American intravenous drug market. APP is a Read more...
MI Blues sued by state over acquisition
Michigan's attorney general has filed a lawsuit against Blue Cross and Blue Shield of Michigan over allegations tied to its acquisition of a for-profit worker's compensation firm. In the suit, Read more...
FTC resolves high-profile IL hospital antitrust dispute
The FTC has ruled that a pair of healthcare organizations based in Illinois will need to contract with managed care plans separately to win the agency's final approval for their merger. The combined Read more...
Hospital resists buyout by maverick Prime Healthcare
To date, growing California hospital chain Prime Healthcare has picked up nine facilities, all of which were in financial trouble when it arrived on the scene. These days, it's trying to pick up a Read more...
Walgreen goes into work-site clinic business
Pharmacy giant Walgreen Co. has said that it will buy two companies that operate work-site health centers, creating a new division to manage health centers and pharmacies at large companies. Read more...
DOJ OKs UnitedHealth buyout of Sierra
If it's willing to divest most of its Medicare Advantage business in the Las Vegas metro, UnitedHealth Group may proceed with its $2.6 billion buyout of Sierra Health Services, the U.S. Department of Read more...
Community Health to sell nine hospitals
Community Health Systems has agreed to sell nine of its hospitals to Capella Hospitals, a much-smaller company which currently owns and operates five facilities of its own. The nine facilities, which Read more...
Physician employment model coming to Alaska
Elsewhere in the country, the trend toward employing physicians is old news. That's not so, however, in Alaska, where a proposed acquisition by a Fairbanks hospital could shift the state's business Read more...
BC of California set to cut physician payments
Blue Cross of California (BCC) is making a move that won't do much to improve its popularity with physicians--it's cutting payments for about half the services and procedures performed by its Read more...
Small buy means big change for Tenet
Picking up a single 41-bed hospital usually isn't a big deal for a hospital chain the size of Tenet. But in this case, its acquisition of Hardeeville, S.C.-based Coastal Carolina Medical Center is a significant move, as it's Tenet's first acquisition in five years after years of focusing on existing properties. Executives with Tenet say the $35 million acquisition is a significant step for the company, which has been in turnaround mode for four years.
Tenet is only …
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