Fierce Healthcare July 2, 2024
Healthcare mergers and acquisitions are in no short supply as providers, health tech companies, retailers and other industry players look to expand their businesses and gain a competitive edge. Here’s a roundup of new deals that were revealed, closed, rumored or called off during the month of June.
Provider
Kaiser Permanente’s Risant Health value-based care platform announced Cone Health as its next acquisition target. Financial terms were not disclosed. The $2.8 billion North Carolina system will continue to operate independently should the deal close but would be the beneficiary of “expertise, resources and support through Risant Health’s value-based platform.”
UAB Health System is purchasing a system of five central Alabama hospitals from Ascension for about $450 million. The arrangement, expected...
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