News Headlines Article

Cottage, Sansum deal signals M&A wave
Pacific Coast Business Times

The two largest health care providers in Santa Barbara are in talks to merge just weeks after the city’s only free clinic system said it may shut down, potentially marking the emergence of a dominant market player with unprecedented power in price negotiations with private insurers and the government.

Sansum Clinic and Cottage Health System said June 18 that they are exploring options to combine the two organizations, which each employ thousands of people and see tens of thousands of patients a year.