Mergers & Acquisitions
Healthcare does not need a profit-driven approach to patient outcomes, but it does need private equity, says Vin Phan, of Ankura.
Also: PatientPay partners to reduce rev cycle friction, two radiology IT rivals join forces and Check Point acquires an AI-powered risk management company.
For the price tag, McKesson will have a controlling interest representing about 70% ownership of Core Ventures.
The critical access hospital will become AdventHealth Polk and join AdventHealth Hendersonville in providing care to Western North Carolina.
Also: Elevance Health and CDR announced a national primary care platform for risk-based healthcare delivery that takes a whole health approach to improve patient outcomes.
A comprehensive look at the market by Shahab Vagefi, managing director in Thomas H. Lee Partners' healthcare vertical who specializes in healthcare information technology.
The combined companies seek to continue innovating products for easing clinician burden with AI-enabled ambient scribing, to advance revenue cycle automation and to consolidate on an integrated platform for large language models.
The deal, valued at $51 million, will bring more real-time image recognition technologies to GE's imaging portfolio, and could help hospitals with overburdened sonographers and radiology technologist shortages.
As more health systems merge, making smart and strategic use of datasets drawn from disparate systems is essential to clinical and operational success, says Advocate Health Chief Data Officer Tina Esposito.