Mergers & Acquisitions
The two health systems also jointly own Ascension Saint Thomas Rehabilitation Hospital in Nashville.
The combined entity would boast about $10 billion in revenue from the 28 hospitals that would be brought together.
The idea is that the pricing capabilities of Cost Plus drugs will be integrated into Expion's product suite and enhance transparency.
A combined company would rival the size of juggernauts such as UnitedHealth Group and CVS Health.
Most Gessler providers and team members will join BayCare, as well as its physician and advanced practice providers group.
FTC has blocked Tenet's planned $142.5M sale of San Ramon Regional Medical Center to John Muir Health.
Froedtert president and CEO Cathy Jacobson says the move is consistent with the company's mission to enhance care 'by innovation and discovery.'
Blue Cross NC will acquire 55 FastMed locations, with the intent to improve access and the patient experience.
Expanded network announced after Ascension reports $2.6B net loss for the year.
The combined organization would operate 19 hospitals and 130 outpatient locations with nearly 14,000 team members, organizations say.