Sponsored by VMG Health | info@vmghealth.com | 214.369.4888
-
2024 a 'vigorous season' for hospital M&A
Healthcare merger and acquisition activity has been up and down over the last few years, with activity slow in the first three quarters of last year. However, 2024 will be a "vigorous season for M&A activity in healthcare," according to a Jan. 22 Grant Thornton report. -
HCA ramps up Texas M&A
In the last two months, HCA Healthcare has scooped up multiple hospitals, freestanding emergency departments and surgery centers in Texas. -
Jefferson Health, Crozer partner to grow neurological care
Philadelphia-based Jefferson Health has entered into a service agreement with Upland, Pa.-based Crozer Health to provide neurological care services in Pennsylvania's Delaware County. -
HCA acquires 2 Texas surgery centers
Surgery Ventures, operated by Nashville, Tenn.-based HCA Healthcare, has acquired majority stakes in two ambulatory surgery centers in North Texas and will manage day-to-day operations at both facilities, a spokesperson for the health system told Becker's. -
What's a 'Midwestern' health system, anyway?
A dozen states make up the Midwest, but many more Americans in neighboring states think they, too, are part of the region. -
Academic health systems are scooping up hospitals
Academic health systems are coming to the rescue of community hospitals through creative alignments, partnerships and acquisitions to ensure access to care. -
Mercy, Lifepoint ink joint venture to operate freestanding hospital
Mercy Health and Brentwood, Tenn.-based Lifepoint Health have completed a joint venture agreement to operate Rogers (Ark.) Rehabilitation Hospital, a 140-bed facility, which is now named Mercy Rehabilitation Hospital Northwest Arkansas. -
Montana health system partners with remote monitoring company
CareView Communications, a health IT company, is partnering with an unnamed Montana-based health system to expand its Pacific Northwest presence. -
Why General Catalyst says Summa Health purchase isn't 'another private equity deal'
General Catalyst's leaders said its proposed acquisition of Akron, Ohio-based Summa Health should not be "mischaracterized as another 'private equity' deal." -
UMass Memorial, Milford advance alliance
Milford (Mass.) Regional Medical Center and Worcester-based UMass Memorial Health have signed a definitive agreement for their affiliation. -
A flurry of health system M&A deals to start 2024
Hospital and health system merger and acquisition activity increased 27% year over year in 2023, and 2024 is already off to a busy start. -
New Jersey systems plan to combine for-profit, nonprofit hospitals
Jersey City, N.J.-based CarePoint Health and Hudson Regional Hospital in Secaucus, N.J., have signed a letter of intent to combine under a new management company, Hudson Health System, which will incorporate the acute care facilities of both organizations. -
Mercy acquires orthopedic group
Cincinnati-based Mercy Health acquired the Orthopedic Institute of Western Kentucky in Paducah, effective Jan. 1. -
Penn Medicine plans to acquire Doylestown Health
Editor's Note: The headline for this article in the Becker's Hospital Review E-newsletter on Jan. 12 stated that Penn Medicine would acquire six hospitals, which is incorrect. Penn Medicine is a six-hospital system and would become a seven-hospital system should the proposed transaction be completed. The University of Pennsylvania Health System in Philadelphia and Doylestown (Pa.) Health have signed a nonbinding letter of intent to explore if Doylestown will become part of Penn Medicine, a six-hospital system. -
Hospital M&A activity up 27% vs. 2022
Hospital and health system merger and acquisition activity increased 27% year over year to 75 announced transactions in 2023, according to a report published Jan. 2 by Cain Brothers, a division of Key Banc Capital Markets. -
7 health systems selling labs
Labcorp and Quest Diagnostics are snapping up lab businesses from health systems across the U.S. Here are seven deals Becker's has reported since March 20: -
Ascension ramps up joint ventures
Health systems are pursuing joint ventures and service line partnerships in multiple sectors this year, including outpatient surgery, behavioral health, post-acute care, physician services, urgent care and hospital-at-home programs. -
FTC scrutinizes UPMC-Washington Health deal
The Federal Trade Commission has begun a review of Pittsburgh-based UPMC's plans to acquire Washington Health System, according to a Jan. 10 Pittsburgh Post-Gazette report. -
Co-CEOs will run Michigan's newest health system
Hills & Dales Healthcare, based in Cass City, Mich., and UnitedHealthcare Partners, based in Marlette, Mich., have joined forces to create a three-hospital system. -
Colorado system in talks to acquire orthopedic clinics, ASC
Gunnison (Colo.) Valley Health is in talks with Vail-Summit Orthopaedics and Neurosurgery to acquire ownership of several of its locations, a spokesperson for the physician group told Becker's.
Page 6 of 50