Hospital operators in merger talks to form US industry leader: WSJ
The merger would result in the formation of a large and diverse Catholic health system
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
ASCENSION Health and Providence St Joseph Health are in talks about a merger between the two Catholic non-profits that would create the largest US hospital chain, the Wall Street Journal reported on Sunday, citing people familiar with the discussions. A deal between St Louis-based Ascension and Renton, Washington-based Providence would give the combined entity 191 hospitals in 27 states and annual revenue of US$44.8 billion, the Journal reported.
That would surpass the current largest US hospital operator, HCA Healthcare Inc, a for-profit company.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
