Columbia sings the (Ohio) Blues
Article Abstract:
Columbia/HCA Healthcare's bid for Ohio Blue Cross and Blue Shield (Cleveland, OH) that was rejected by regulators has put the Blues in a worse spot than Columbia. The Blues will pay a penalty of $50 million if the deal does not go through. Columbia plans to restructure the $299.5-million acquisition attempt to get around regulators, but in the meantime it also announced that it will be acquiring a series of hospitals in Columbus, OH.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1997
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How to buy a medical practice without losing your shirt
Article Abstract:
Healthcare companies that are considering making an acquisition should make sure to plan strategically to avoid running up huge losses as some companies have done. Important considerations include how financially strong the acquired entity already is; what strategies will be used to ensure competitive performance; how to guard against abuse and fraud; and what financial incentives will be instituted to improve physicians' practice.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1997
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Columbia's got the (Ohio) blues
Article Abstract:
Columbia/HCA Healthcare decision to buy Blue Cross and Blue Shield of Ohio for $299.5 million is the first time a hospital has acquired a not-for- profit Blues plan. The deal marks the beginning of a series of consolidation efforts in the industry, including Aetna's acquiring of US Healthcare. Columbia is expected to benefit greatly from the cash stream from Blue Cross.
Publication Name: Hospitals & Health Networks
Subject: Health care industry
ISSN:
Year: 1996
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