In 2017, brand-name prescription drugs made up only 17% of total prescriptions filled but represented 79% of total drug spending, according to an updated study from the Blue Cross and Blue Shield Association.
CommonSpirit Health will be the name of the not-for-profit health system formed from the merger of Catholic Health Initiatives and Dignity Health.
LifePoint Health has finalized its merger with RCCH HealthCare Partners. The rural hospital operator has been purchased by affiliates of the private equity firm Apollo Global Management, which owns RCCH.
St. Peter's Healthcare System, the last independent hospital in Middlesex County, N.J., announced it's looking for a strategic partnership or affiliation while retaining its Catholic mission. Any suitors must be approved by the Catholic Church.
Children's National Health System and HSC Health Care System signed a letter of intent to partner. The Washington, D.C.-based pediatric providers aim to finalize the partnership next year.
Rural hospitals with a relatively large amount of lab revenue may be jumping through a healthcare contracting loophole.
Beaumont Health and hospital management company Universal Health Services will build a $45 million hospital in Dearborn dedicated to mental health services.