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Displaying items by tag: Beaumont Health

Spectrum Health and Beaumont Health have signed a formal integration agreement to advance plans for a blockbuster merger, the health systems announced today.

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The U.S. Federal Trade Commission is in the middle of its antitrust review of the proposed merger between Beaumont Health and Spectrum Health.

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The Pennsylvania corporation that Mercy Health partnered with to develop a new Kent County psychiatric hospital paid $122 million a year ago to settle allegations of poor patient care and fraudulent billing to Medicaid and Medicare.

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In May 2007, William Beaumont Hospitals — which at the time operated community hospitals in Royal Oak and Troy — acquired the Bon Secours Hospital in Grosse Pointe.

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If culture truly does trump strategy, then add one more complexity to the proposed merger between Spectrum Health and Beaumont Health.

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Spectrum Health’s former chief financial officer was “stunned” when he learned about the health system’s proposed merger with Beaumont Health, and doubts the plan will achieve the intended goals.

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The proposed merger between Spectrum Health and Beaumont Health that would form the largest in-state health system in Michigan has drawn concern from a statewide business-labor coalition that worries about the resulting potential for higher prices.

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The proposed merger between Spectrum Health and Beaumont Health could add fuel to the years-long trend of consolidation in the health care industry.

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Michigan health care leaders say a potential merger between Spectrum Health and Southfield-based Beaumont Health could have significant implications for the statewide health care and insurance markets.

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GRAND RAPIDS — Spectrum Health, which was created through a merger more than two decades ago and went on to become West Michigan’s largest health care provider, intends to merge with Southfield-based Beaumont Health.

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