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Wesleyan Investment Foundation Executes Letter of Intent to Sell Providence Place Retirement Community to EveryAge

Wesleyan Investment Foundation, an Indiana nonprofit corporation, has executed a letter of intent with EveryAge, a North Carolina-based nonprofit corporation that owns and operates continuing care retirement communities, to sell the portfolio of properties, businesses, and assets owned and/or controlled by Westchester Properties, LLC. Kaufman Hall is serving as the exclusive transaction advisor to Wesleyan Investment Foundation.

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Gist Weekly: June 14, 2024 

An FDA advisory committee recommends approval of Eli Lilly’s Alzheimer’s drug, the Biden administration proposes banning medical debt from credit reports, and Elevance becomes the second insurer to win a MA star ratings lawsuit.

Brief

Medical Mutual Acquires Paramount Health

Medical Mutual has acquired Paramount Health, an Ohio-based health insurance company formerly owned by ProMedica. Kaufman Hall served as exclusive strategic and transaction advisor to Medical Mutual.

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Gist Weekly: June 7, 2024

Portland, OR-based health systems OHSU and Legacy sign a definitive merger agreement, Dollar General ends its mobile health clinic pilot, and a House subcommittee focuses on the need for 340B transparency.

Brief

Many States Scrutinizing Healthcare Consolidation

This week’s graphic looks at the plethora of state-level mergers and acquisitions (M&A) oversight laws that are now in place, part of a recent trend that adds further scrutiny to healthcare consolidation.

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Gist Weekly: May 31, 2024

Ozempic trial shows the drug slows kidney disease progression, a blood-based colorectal cancer test is endorsed for FDA approval, and nursing home trade groups sue over the new staffing mandate.

Brief

National Hospital Flash Report: April 2024 Metrics

Hospital financial performance improved in April relative to both March and the same time frame last year, though a closer examination of the data shows a greater difference in performance at the hospital level.

Research Report

Medicare Physician Payment Not Keeping Up

Following the US Senate Finance Committee’s recent white paper on Medicare physician payment reform, the graphic shows how Medicare payments to physicians have not kept pace with inflation.

Infographic

The Concerning Rise in Colorectal Cancer

A new study from the American Cancer Society revealed a startling phenomenon in colorectal cancer: cases are trending younger while the severity of diagnoses is increasing.

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