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Hospital, physician group deals slow in 2023: report
Health services deals have slowed some compared to surges in recent years, according to a midyear report from PWC. -
Hospital M&A landscape shifting
The last few years have been wrought with change for hospitals and health systems amid increased consolidation and physician affiliation, according to a June 20 article in Health Affairs. -
Washington Health System to merge with UPMC
The boards of Washington (Pa.) Health System and Pittsburgh-based UPMC signed a letter of intent to negotiate a deal that would integrate WHS into UPMC. -
New Mexico hospital staff, community raise concerns over women's health in light of potential merger
Irving, Texas-based Christus Health is planning to integrate a New Mexico hospital into its network, something that is raising concerns among healthcare staff and the local community, according to a June 19 Source NM report. -
Novant to buy struggling hospital, spend $50M on improvements
Winston-Salem, N.C.-based Novant Health agreed to invest $50 million in Burgaw, N.C.-based Pender Medical Center and develop the facility into a community general hospital within the next five years. -
Private equity group acquires 14 freestanding ERs in Texas
Atlus Community Healthcare, a portfolio company of private equity firm ZT Corporate, acquired Exceptional Emergency Center, a system of 14 emergency rooms across Texas. -
Illinois regulators set date to consider OSF's acquisition of closed hospital
State regulators are set to consider Peoria, Ill.-based OSF Healthcare's application to purchase the shuttered St. Margaret's Health-Peru (Ill.) hospital Aug. 15, local news outlet WCBU reported June 1. -
'A forward-looking transaction': BJC, Saint Luke's CEOs on merging 2 strong entities
St. Louis-based BJC HealthCare and Kansas City, Mo.-based Saint Luke's Health System, two financially stable organizations with their own strong brands, intend to form an integrated academic health system by the year's end. -
Exeter Health, Beth Israel Lahey reach agreement with AG, closing in on summer deal
The long-awaited incorporation of Exeter (N.H.) Health Resources into Cambridge, Mass.-based Beth Israel Lahey Health has taken a major step forward after the New Hampshire attorney general's office agreed to the transaction. -
Doylestown Health closes in on agreement to sell retirement community
Doylestown (Pa.) Health took a step closer to selling its Pine Run retirement community, with a Dec. 30 deadline to complete the transaction, according to a June 13 filing. -
'It's all about leverage': The driving factor behind health system mergers
Many health system mergers today are "all about leverage" when negotiating with payers, rather than significant cost savings or increasing market share, Charlie Shields, CEO of Kansas City, Mo.-based University Health, told the Kansas City Business Journal. -
Jobs could be added as Guthrie Clinic absorbs Lourdes Hospital, CEO says
Merger and acquisition transactions can often lead to job cuts, but that is not anticipated to be the case with Sayre, Pa.-based Guthrie Clinic's acquisition of the Our Lady of Lourdes Memorial Hospital system based in Binghamton, N.Y. -
13 healthcare mergers and acquisitions making headlines in May
Here is a summary of hospital and healthcare merger and acquisition-related transactions from May: -
Parkview Health to acquire Ohio health system
Fort Wayne, Ind.-based Parkview Health System is to acquire Bryan, Ohio-based Community Hospitals and Wellness Centers, according to a June 8 filing. -
MU Health Care looks to acquire long time partner hospital
Columbia-based University of Missouri Health Care signed a letter of intent to acquire Jefferson City, Mo.-based Capital Region Medical Center. -
Guthrie Clinic to acquire Our Lady of Lourdes Memorial Hospital system
Sayre, Pa.-based the Guthrie Clinic has agreed to acquire the Binghamton, N.Y.-based Our Lady of Lourdes Memorial Hospital system. -
San Benito County finds possible partner for bankrupt California hospital
San Benito County leaders would like the bankrupt Hollister, Calif.-based Hazel Hawkins Memorial Hospital to start partnership discussions with neighboring Salinas (Calif.) Valley Health, but Hazel Hawkins said it is not ready, ABC and NBC affiliate KSBW reported June 7. -
Adventist Health takes over Bakersfield heart hospital, saves jobs
Roseville, Calif.-based Adventist Health has acquired the Bakersfield Heart Hospital for a nominal sum and is aiming to save 300 jobs there in doing so, according to a June 6 report from The Bakersfield Californian. -
Inova Health snaps up another physician group
Inova Health System has acquired Annandale, Va.-based Northern Virginia Pulmonary and Critical Care Associates, which comprises nine physicians and two locations, according to the Washington Business Journal. -
5 states reviewing healthcare M&A oversight
A number of states have attempted to pass laws recently to potentially curb what legislators say is inappropriate consolidation in the healthcare industry. Other states have pushed back on such legislation.
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