5 Reasons Standalone Hospitals Must Consider the M&A Market
In July, Saint Vincent Health System, a two-hospital network based in Erie, Pa., officially became a subsidiary of Pittsburgh-based health insurer Highmark. After several months of negotiations and regulatory approval, Saint Vincent went from an independent hospital network to a member of Allegheny Health Network, the system created by Highmark.
Compared with multistate health systems and large academic medical centers, independent, standalone hospitals face some of the greatest pressures today, and it's pushing many, like Saint Vincent, to consider entering the merger and acquisition market.
Read the full article on Becker's Hospital Review.
© Copyright ASC COMMUNICATIONS 2016. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
- CDC pleads Congress to approve Zika funding quickly — 6 observations
- Will the bronze plan disappear soon? 4 takeaways
- WHO reports nearly 600 healthcare attacks in 19 countries — 6 things to know
- Is the VA lacking resources or funding less critical areas? 6 insights
- Dr. Kenneth Chang performs 1st TIF procedure using new EsophyX Z device: 6 things to know