Mergers & Acquisitions
The lawsuit centers on a DOJ investigation into UnitedHealth Group's business segments, including Optum and Change Healthcare.
Plaintiffs say a hospital subcommittee is giving the facility away to Deaconess for "virtually nothing in return."
The goal is to expand coverage in existing markets and expand into new ones, Addus CEO says.
Northwest Healthcare has invested an estimated $200M in capital projects throughout the Greater Tucson Metro area.
Proceeds from the sale of the three hospitals was to have gone towards paying down an estimated $11B debt.
The two transactions are expected to be accretive to Cardinal Health's revenue and segment profit growth.
The merger would further consolidate UnitedHealth's standing as the dominant force in the American healthcare system, lawsuit says.
The strategic $745M transaction opens new opportunities for Astrana in Orange County, California, where it has limited operations, says CEO.
The deal is expected to add to Cencora's capabilities in Specialty and expand its MSO business.
The majority of proceeds from the sale of its Medicare businesses will be used for share repurchase, Cigna says.