Mergers & Acquisitions
Cleveland Clinic has made a total of $750 million in financial commitments to the new hospitals as part of their respective agreements.
There has also been growth in mergers across state borders, as health systems from different geographies come together to form regional health systems.
CHI and Dignity are expected to close their merger at the end of the month.
U.S. healthcare venture fundraising reached $9.6 billion, marking four straight years of healthy activity.
Indian River Medical Center and Martin Health System are now officially part of Cleveland Clinic Health system after announcing merger plans in October.
The goal is to reduce the company's debt, and while it still owns four hospitals in South Carolina, that's expected to change soon.
Ascension plans to acquire the facility early next year; meanwhile 635 employees will be laid off come February.
Judge Leon's order aligns closely with a plan CVS Health proposed to follow while the $69 billion merger is under review.
Federal Judge Richard Leon suggested a monitor oversee CVS Health and Aetna to ensure the businesses were kept separate while the merger was under review.
The integration of insurer and pharmacy benefit manager follows that of CVS Health and Aetna.