AdventHealth Parker, a Colorado-based hospital, is investing $300 million into a significant expansion project centered on a new 186,000-square-foot patient tower. This development will add operating rooms, surgical beds, and other cutting-edge facilities, aiming to enhance healthcare access for the…
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…
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…
Elevance Health, the parent company of Anthem Blue Cross and Blue Shield, has finalized its acquisition of Indiana University Health Plans, a managed care organization affiliated with Indiana University Health. The financial terms of the deal remain undisclosed. With the…
Healthcare spending in the United States reached a record-breaking $4.9 trillion in 2023, growing at a rate of 7.5% compared to 4.6% in 2022. This surge, highlighted by a new report from the Office of the Actuary at the Centers…
