Following on a spate of recent M&A moves in the healthcare industry, Ohio-based Mercy Health and Maryland-based Bon Secours announced today their plan to merge. Last year, Bon Secours made a series of investments to strengthen its long-term financial position in preparation for the industry’s expected continued shift toward value-based care — investments that seem to be paying off in 2018 Q1.

Mercy Health is still smarting from losses incurred from its failed venture in the health insurance market; nevertheless, it makes an attractive partner, by virtue of its large geographic footprint. Learn more in the Modern Healthcare story here.