Articles and Blogs

BJC Healthcare and St. Luke’s Health System of Kansas City have announced plans to merge. The merger will result in a $10B health system with 28 hospitals, more than 100 care locations and 5,200 physicians. Henry Ford Health announced plans to raise hundreds of millions of dollars to fund a portion of the cost... READ MORE

Over 500 nursing home providers gathered in Washington, DC recently to protest an upcoming minimum staffing rule that CMS is currently drafting. Industry trade groups and providers are concerned about the financial pressure they may face under the rule. KPC Promise Hospital may be evicted from Merit Health River Region Hospital in Vicksburg, MS.... READ MORE

NYU Langone announced plans to build a $3B teaching hospital and medical education center on the Nassau Community College campus in Garden City, New York. Mayo Clinic confirmed that it will invest $4B in its Minnesota operations after threatening to move the investment out of state during the state’s legislative session. During the legislative... READ MORE

The Hospital Association of Rhode Island has raised concern over Providence, RI Mayor Brett Smiley’s push for legislation that would authorize the municipality to tax hospital-owned real estate occupied by any tenant, including nonprofit physician groups affiliated with a nonprofit hospital. Managed care company Centene Corporation has listed a 68-acre, 517,000-sf corporate campus for... READ MORE

HCA plans to invest $4.6B this year in land and construction projects for new hospital and outpatient projects. HCA has purchased land in Austin, Las Vegas, Salt Lake City and in various Florida markets for new hospital projects. HCA has around 182 hospitals in the U.S. and U.K. and 2,500 outpatient clinics. California has created a $150M loan program for struggling hospitals. The program... READ MORE

A regional hospital system in Michigan and two physicians recently paid over $69M to settle False Claims Act allegations. Two of the major FCA allegations involved leases: One was an equipment lease from a physician-owned entity to the hospital that was not negotiated at arm’s length; the other involved the hospital leasing space to... READ MORE

May is Mental Health Awareness Month. The Kaiser Family Foundation recently surveyed Americans on the state of their mental health. 90% of adults believe we are facing a mental health crisis. 80% of adults believe the cost of mental health care is a “big problem” for Americans. 51% of adults have a family member... READ MORE

Kaiser Permanente has agreed to acquire PA-based Geisinger Health System. The combination, which still must pass federal and state regulatory scrutiny, would have more than $100B in revenue. Commercial landlords are contending simultaneously with a cyclical market downturn and reduced demand for office and retail space. The recent surge in interest rates has caused... READ MORE

Diversified Healthcare Trust (DHC) will merge with Office Properties Income Trust (OPI) in an all-stock transaction. DHC owns 379 health care properties valued at an estimated $7.1 billion. OPI owns 160 general office properties with a $577 million market cap. Optum is now in the business of providing loans to physician practice groups. This is another way Optum... READ MORE

The nation’s fifth-largest health system operator, Advocate Health, has developed a new strategy of cutting costs through staff attrition (rather than layoffs) and has delayed some capital projects. In response to recent economic challenges, Advocate also said it will reduce its leased space footprint by about 65% over the next four years. In the... READ MORE