You will not copy, reproduce, or distribute the File or any part thereof without the prior written consent of the Company.You will take all necessary measures to ensure that the information contained in the File is kept confidential and secure.You will use the information contained in the File only for the purpose of conducting the 2023 MPFS Impact Analysis.You will keep the contents of the File strictly confidential and will not disclose any of its contents to any third party without the prior written consent of the Company.By downloading the File, you acknowledge and agree to the following terms and conditions: This 2023 MPFS Impact Analysis file ("the File") contains confidential and proprietary information belonging to Strategic Healthcare Partners ("the Company"). We will keep you posted as updates come available. Downers Grove, Illinois-based Advocate Health Care announced it would merge cross state lines to Aurora Health Care in Wisconsin, making it the 10th largest not-for-profit health system in the country.That would be the year’s largest monetary transaction. CVS and Aetna proposed a $69 billion merger on December 3rd.Bringing a total of 139 hospitals, with more than 159,000 employees, and combined total revenue of $28.4 billion. Catholic Health Initiatives and Dignity Health announced a definitive agreement to align their health systems.We will have to wait a little longer to see if this will be the nation’s largest health operator. Though the companies have been in talks for months, the merger is far from assured. Joseph’s suffered a $512 million drop in operating income and $252 million operating loss in fiscal year 2016. Ascension saw a drop in operating income but ended the year with higher net income due to higher investments, meanwhile Providence St. According to an article posted on Modern Healthcare, “If the Ascension/Providence merger reports pan out, the reason to combine would likely be scale or to buffer any forthcoming reimbursement or volume declines.” Both health systems also saw a decline in operating income. This deal would put the company ahead of HCA, with 177 hospitals and $41.5 billion. If the two merge, it could combine as a not-for-profit entity with 191 hospital in 27 states with an annual revenue of $44.8 billion. The companies are the top two Catholic health systems in the nation. Joseph Health, which would create the largest hospital chain in America. Louis-based Ascension Health are in talks to merge with Renton, Washington’s Providence St.
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