Morning Briefing
Summaries of health policy coverage from major news organizations
Hospitals, Health Systems Announce Sales, New Joint Ventures
Kindred Healthcare announced it has signed an agreement to sell 12 long-term acute care hospitals to Curahealth LLC for $27.5 million. Kindred President and CEO Benjamin A. Breier said in a statement Monday that the transaction creates both strategic and financial value for the Louisville-based health care giant. (4/5)
Louisiana-based LHC Group will become the majority owner and operator of two of Northern Arizona Healthcare's home health agencies and a hospice under a joint venture agreement. Terms of the deal were not disclosed on Monday. (4/5)
Fairview Health Services said Tuesday it will acquire the UCare health plan, which had been struggling since losing contracts with the state to cover low-income people enrolled in the MinnesotaCare and Medical Assistance programs. (4/5)
The MetroHealth System says it will begin serving patients in several former HealthSpan buildings in the Cleveland area over the next two weeks. Medical buildings in Parma, Cleveland Heights and Bedford were opened to patients on Tuesday. A facility in Rocky River facility will start serving patients on April 18, and a new medical office will open at the Galleria YMCA in August to serve the downtown population. (Ross, 4/5)
