Gist Weekly: April 19, 2024
Congress begins its public inquiry into Change’s cybersecurity breach, and Elevance announces a new primary care platform company.
Brief
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Conversions of Public Hospitals
In a new episode of "Counsel That Cares," Holland & Knight healthcare attorney Jesse Neil and Anu Singh, a managing director at Kaufman Hall, discuss the complexity of healthcare markets, the impact of COVID-19 and potential partnership models for public hospitals aiming to remain viable and fulfill their community commitment amid industry shifts.
Podcast
M&A Quarterly Activity Report: Q1 2024
The 20 transactions announced in Q1 2024 continued a steady climb out of the slowdown in activity experienced during the Covid pandemic, significantly exceeding the number of transactions announced in Q1 of 2021, 2022, and 2023.
Research Report
Gist Weekly: April 5, 2024
Kaiser Permanente’s Risant Health closes its Geisinger acquisition, and Optum plans to purchase Steward Health’s physician network.
Brief
Gist Weekly: March 22, 2024
Change Healthcare is bringing some systems back online after its cyberattack, and Kroger is selling its specialty pharmacy business to Elevance.
Brief
St. Luke's has transferred its membership interest to Aspirus Health
St. Luke's, a two-hospital system based in Duluth, MN, has completed its affiliation with Aspirus Health System, based in Wausau, WI. The combination will create a 19-hospital system serving Minnesota, Wisconsin, and Michigan. Kaufman Hall served as the exclusive advisor to St. Luke's.
news
How University Hospitals in Cleveland Engages with Youth in its Communities to Build its Talent Pipeline
Bloomberg Philanthropies recently announced it would partner with major health systems and invest $250 million dollars to launch healthcare-oriented high schools to address an expected shortage of workers within the industry. Many hospitals and health systems have educational programs today that aim to get young people interested in healthcare.
Podcast
Nuvance Health has entered into a definitive agreement to join Northwell Health
Nuvance Health (“Nuvance”) and Northwell Health (“Northwell”), two nonprofit, mission-driven healthcare organizations, have entered into a strategic agreement to form a new integrated regional health system. The organizations will formally come together upon receipt of necessary regulatory approval.
news
Navigating Strategic Options in a Transformed Operating Environment
Watch this complementary webinar as our experts Kristofer Blohm, Eb LeMaster, and Cournty Midanek discuss navigating the operating environments at hospitals and health systems as our market shifts.
Webinar
Encore: Vast Majority of Consumers Concerned About Privacy of Their Medical Data
Data sharing platform Health Gorilla surveyed more than 1,200 consumers to gauge their opinion about the privacy of their health data and which companies should be allowed to access it. It found a vast majority of respondents expressed concerns about data breaches affecting their medical records.
Podcast
Evangelical Community Hospital has entered into a Definitive Agreement to join WellSpan Health
Evangelical Community Hospital (“Evangelical”) has entered into a definitive agreement with WellSpan Health (“WellSpan”) to combine health systems and to enhance community-based health care across the region.
news
Continuing the Conversation: Healthcare M&A Activity in 2023 and Beyond
In the second of a two-part series, Anu Singh, Managing Director and Leader of the Partnerships, Mergers & Acquisitions Practice, joins the podcast to discuss how more financially stable health systems are considering less traditional, strategic M&A deals and what kinds of conversations are happening right now in C-suites.
Podcast