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Scrapped Sentara-Cone merger won't slow merger movement


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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 ....

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Wilmington's Northside could get a cooperative grocery store


For decades, residents on Wilmington s Northside have pushed for a grocery store. 
But the area still doesn t have one, even as breweries and apartment buildings pop up in the neighborhood.
It all just seems ridiculous, said Sheran Shorter, who lives in Rankin Terrace. Hi-Wire Brewing is thriving blocks from her home, but she has to drive miles out of the neighborhood to get groceries.
That bothers me that we have a brewery that s thriving but we don t have a grocery store, she said.
Shorter wants to see investment in the Northside that will help the people who live there. Right now, that s not happening. ....

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