Montgomery General Hospital, MedStar Health to Merge
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Montgomery General Hospital announced yesterday that it would become part of the far larger MedStar Health, a move that adds to the considerable changes taking place on Montgomery County's hospital landscape.
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The health insurer said it planned to reorganize into two divisions to meet the needs of the growing elderly population.
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Pharmacy-benefits manager Medco Health Solutions Inc  said on Tuesday it agreed to buy PolyMedica Corp  for $1.2 billion, in a move to expand its diabetes care services.
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Health insurer UnitedHealth Group Inc.  said on Monday it will acquire Sierra Health Services Inc.  for more than $2.4 billion to expand in the fast-growing Las Vegas area and boost its Medicare business.
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Beverly Hospital on Thursday will break ground on a new $30 million medical-surgery center planned for 7 acres on the lower portion of the old Danvers State Hospital property on Route 62. The ceremony, scheduled for 5 p.m., will include Steven Laverty , president of Beverly Hospital, and Wayne P. Marquis , the Danvers town manager.
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The NASD and NYSE Group yesterday said they plan to merge their regulatory operations in a move designed to reduce costly duplications.
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Mortgage insurer MGIC Investment Corp.   and bond insurer Radian Group Inc.  agreed to  terminate their pending merger, the companies said on  Wednesday, citing market conditions.
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The two main U.S. satellite radio providers, Sirius Satellite Radio and XM Satellite Radio on Monday said they would merge in a stock-for-stock deal, a move that has been long expected in the young industry.
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Carraway Methodist Medical Center and UAB Health System are teaming up to expand Carraway&#39;s women&#39;s services, a move both sides say will improve their teaching programs.
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Discount retailer Kmart Holding Corp. and department store operator Sears, Roebuck &amp; Co. said Wednesday that they agreed to merge in an $11 billion cash and stock deal that will create the nation&#39;s third largest
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Alta Bates Summit Medical Center, Sutter Health&#39;s dominant two-campus East Bay behemoth, has plans to build a new, 350-bed hospital in Oakland at a cost that could top $600 million.
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The stateâs insurance commissioner gave his blessing Tuesday to a $16.4 billion merger that would create the nationâs largest health insurance company after wringing hundreds of millions of dollars out of the companies.
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BIRMINGHAM, Ala. -- Two big stores are preparing for a mega-merger. Kmart Holding Corp. and Sears, Roebuck and Co. have decided to join forces.
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The two main U.S. satellite radio  providers, Sirius Satellite Radio and XM Satellite Radio on  Monday said they would merge in a stock-for-stock deal, a move  that has been long expected in the young industry.
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Beth Israel Deaconess Medical Center has foiled Tufts-New England Medical Center's plan to build a $300 million suburban hospital with New England Baptist Hospital . Instead, New England Baptist and Beth Israel Deaconess will work together on suburban expansion.
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Sears, Roebuck and Co. and Kmart Holding Corp. have agreed to merge to create what would be the third-largest US retailer, with $55 billion in annual revenue.
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Anthem Inc. and WellPoint Health  Networks Inc. on Tuesday sealed their $16.5 billion merger,  creating the biggest health insurance company in the United  States with 28 million members.