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Orlando Health has taken over day-to-day operations in the five Birmingham facilities after paying a reported $910 million. The system remains a faith-based organization with Tenet as a partner.
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Florida Blue and NCH were able to come to a multiyear hospital-insurer agreement that will keep the Naples-based health system's doctors, hospitals and practices in-network for about 40,000 patients.
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Naples-based NCH may be considered out of network at the end of September if the two parties can’t come to an agreement.
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Attorney General Ashley Moody wanted the Florida Supreme Court to resolve a legal battle about whether local agencies could pursue lawsuits after she reached settlements with the pharmaceutical industry.
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The three-year partnership will bring several services to Tampa, including T-cell cancer therapy, a bone marrow transplant initiative and the addition of mental health care to a veterans program.
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Ownership of the five hospitals were transferred to Steward's landlord and are being run by an interim manager. The court also approved Orlando Health's purchase of three Steward hospitals in the Space Coast region.
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Bankrupt Steward Health announces a deal that allows for the transfer of its hospitals in several states to landlord Medical Properties Trust, which would operate the facilities while seeking new owners.
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Judge Christopher Lopez’s order acknowledges that Orlando Health is a qualified bidder and its $439 million offer is a qualified first bid for the medical centers in Brevard and Indian River counties.
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The agreement includes Rockledge Regional Medical Center and Melbourne Regional Medical Center, both in Brevard County, and Sebastian River Medical Center in Indian River County.
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More facilities are partnering with private equity-backed firms to offer combined emergency and urgent care. But patients may not realize prices vary between the two services — often by a lot.
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OneBlood has returned to normal course of business for distribution of blood products to hospitals following last month's ransomware attack.
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Legal maneuvering, industry lobbying and lax IRS oversight leave lots of room for “operating surpluses.”