Mergers & Acquisitions
Hoag will become an independent entity, ending a 10-year affiliation that first showed strains during a 2020 lawsuit.
The current results stand in contrast to recent studies that found most mergers do not improve quality or safety.
The deal advances R1's integrated technology strategy through revenue intelligence and automation.
Employers will participate in full risk sharing to scale value-based care in the commercial market.
Paddy Padmanabhan, CEO of Damo Consulting, talks about the $28.3 billion deal's significance and what comes next.
This week's top stories include Massachusetts ordering hospitals to reduce nonurgent procedures in response to ongoing staffing issues, and Epic partnering with MapQuest for mapping, navigation and geolocation functionality.
The deal may now be finalized in April 2022, though this isn't the first delay, largely owing to an ongoing DOJ investigation.
The $17 billion deal marks the second time the cloud health IT vendor has been acquired in the past three years.
The $17 billion deal marks the second time the cloud health IT vendor has been acquired in the past three years.
The agreement also includes an academic affiliation for new training opportunities at the Jefferson College of Nursing.