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Monday, August 6, 2012

Healthcare JV's, M&A

Terms like "Joint Venture" and "Mergers and Acquisitions" don't typically come to mind when you think healthcare....well....times are changing:

1) Group Health Cooperative recently formed a Joint Venture with a Catholic Health System in Spokane, WA to provide more efficient healthcare services:  http://www.kaiserhealthnews.org/Stories/2012/August/01/group-health-providence-partnership-spokane.aspx

2) Private Equity Firm Ceberus Capital Management now owns Steward Healthcare in Boston, turning it into a for-profit system that is now positioned to compete with big players such as Mass Gen, Brigham....http://www.commonwealthmagazine.org/News-and-Features/Features/2012/Summer/001-Cerberuss-health-care-play.aspx

Is this good for healthcare?  I suppose time will tell.

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