Mergers & Acquisitions

The deal is expected to close in the fourth quarter of 2016, but Press Ganey will also be allowed a "go shop" period in which it can seek out better offers.

CEO David Cordani this week outlined to investors a Plan B of stock buybacks and capital deployment should their $53 billion merger deal fall apart.

Behavioral health center manager Acadia Health will buy Highland Hospital Association, an 80-bed psychiatric hospital, and two other related companies in Charleston West Virginia.

Only medical and diagnostic laboratories, which lost 300 jobs, and residential mental health facilities, which lost 200 jobs, saw employment shrink in the month.

The $117 million deal will only happen if regulators approve their merger.

A combined Anthem/Cigna would enter the exchange market in nine states where they are not currently participating.

Anthem remains steadfast in its commitment to the pending acquisition of Cigna, President and CEO Joe Swedish said during a report Wednesday on second quarter earnings.

Hospital merger and acquisition activity swelled by 6.1 percent over 2015, according to a new analysis from strategic and financial services firm Kaufman Hall and Associates. It identified 52 hospital and health system transactions during that time, compared to 49 transactions recorded during the same period in 2015.

S&P Global Ratings has placed Aetna and Humana on creditwatch following the Department of Justice's announcement Thursday to block their merger.

Each of the inpatient rehab facilities is operated by affiliates of HealthSouth Corp. through long-term net leases.