Kurt Lauenstein News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Kurt lauenstein. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Kurt Lauenstein Today - Breaking & Trending Today

Scrapped Sentara-Cone merger won't slow merger movement


Getty Images
Sentara Healthcare and Cone Health represent the latest in a series of scuttled merger proposals, but it isn t expected to slow M&A activity, industry observers said.
Sentara and Cone abandoned their plans Wednesday to build a more than $11 billion system spanning North Carolina to Virginia amidst internal opposition as well as criticism from community members and state regulators. Around a dozen proposed mergers between relatively healthy not-for-profit systems haven t closed over the past three years as doctors have protested and regulators have become increasingly wary of consolidation.
I do think it s reflective of this new attitude toward consolidation in healthcare where more than ever, enforcers are suspicious of systems that are growing and skeptical of the benefits they claim they ll bring, said Ken Field, an attorney with Jones Day who works on healthcare antitrust and competition issues. It s almost as if we re starting from a position of di ....

North Carolina , United States , Wake Forest , New Hanover Regional Medical Center , Nathan White , Kurt Lauenstein , Josh Stein , James Burgdorfer , Tim Rice , Xavier Becerra , Waller Lansden Dortch Davis , Ken Field , Aurora Health , Cone Health In Greensboro , Atrium Health , Prisma Health , Physicians At Northshore University Healthsystem , Jones Day , Essentia Health , Baylor Scott White Health , Sanford Health , Summa Health , Sutter Health , Atrium Health Navicent , Mission Health , Intermountain Health ,