Mergers & Acquisitions
Haven said it is earmarking $11.3 million to convert the facility into a psychiatric hospital.
Adfinitas Health currently partners with 14 hospitals and more than 40 post-acute facilities in Maryland, Virginia and Michigan.
The deal establishes one of the area's largest provider-sponsored health plans.
Agnesian HealthCare, Monroe Clinic and their affiliates will adopt the SSM Health brand, while still honoring their legacy names.
The Missouri-based health system will expand with more than 30 new co-branded facilities containing with smart glass rooms, transparent charting, mobile x-ray equipment.
The system also announced $12 million investment in JFK Medical Center cardiac catheterization lab.
The companies will also build a new managed services organization called True Health New Mexico.
The most important developments hospital finance and operations executives should understand heading into 2018.
The transaction, expected to be completed in the first quarter of 2018, happened at the end of a year packed with mergers and acquisitions activity.
Deal adds 40,000 members to Anthem's 650,000 consumers in Florida Medicare and Medicaid network.