Santa Clara County IPA, California, has finalized a $150 million agreement with HCA Healthcare to purchase Regional Medical Center (RMC), a cornerstone of East San José’s healthcare landscape. The deal, outlined in a definitive Asset Purchase Agreement, will integrate RMC…
Healthcare navigation company Transcarent is set to acquire health benefits platform Accolade in a deal valued at $621 million, as announced on Wednesday. Under the terms of the agreement, Transcarent will purchase Accolade for $7.03 per share in cash, marking…
A bipartisan Senate report has found private equity (PE) ownership of hospitals has led to detrimental effects, including reduced quality of care, understaffing, and increased healthcare costs. The investigation, spearheaded by Senate Budget Committee Chairman Sheldon Whitehouse (D-R.I.) and Ranking…
Resilience Amid DeclineThe health services sector demonstrated resilience in dealmaking through November 15, 2024, despite a 9% decline in deal volumes compared to 2023. While volumes remain below the peak levels of 2022, they are still nearly 70% higher than…
The Department of Health – Abu Dhabi (DoH), in partnership with the Authority of Social Contribution – Ma’an, has allocated over AED 19 million in grants through the Healthcare Research and Innovation Fund. These grants aim to propel advancements in…
