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Penn Highlands Healthcare to add 8th hospital
Highlands Hospital, a 64-bed facility in Connellsville, Pa., signed a definitive agreement to join DuBois, Pa.-based Penn Highlands Healthcare. -
Healthcare deals increased by 56% in 2021, report finds
Healthcare deal volumes grew by 56 percent in the 12 months through Nov. 15 compared with the same period in 2020, especially in physician medical groups, managed care and rehabilitation subsectors, a recent PwC report found. -
For-profit hospital M&A update: 12 deals involving CHS, Tenet and HCA
Three for-profit hospital operators entered into several transactions this year. -
8 hospital deals called off in past year
There were several hospital mergers, acquisitions and partnerships that, at some point in their lifetime, were called off in the past year. -
Hospital M&A update: 7 recent deals, called-off partnerships
Seven transactions involving hospitals and health systems have been announced, finalized or called off since Nov. 22: -
Medical prices increase even in states with stringent hospital merger review process, study says
States with stronger merger review authorities tend to be tougher on hospital partnerships than states with weaker authorities, but medical prices still increase, a December Health Affairs study found. -
Atlantic Health System acquires majority stake in CentraState
CentraState Healthcare System, a single-hospital system based in Freehold, N.J., finalized its agreement to join Atlantic Health System, a seven-hospital system based in Morristown, N.J. -
2 hospitals in China join Mayo Clinic Care Network
Two hospitals in China — Xi'an International Medical Center Hospital and Xi'an Gaoxin Hospital — joined the Mayo Clinic Care Network, a worldwide group of independent care systems that can tap into the knowledge and medical expertise of Rochester, Minn.-based Mayo Clinic. -
2 US health systems plan international expansions
Two major health systems, Pittsburgh-based UPMC and Cleveland Clinic, announced or advanced plans to expand outside the U.S. in 2021. -
Arizona hospital backs out of potential LifePoint partnership
Nonprofit Yuma (Ariz.) Regional Medical Center will not move ahead with an affiliation with Brentwood, Tenn.-based LifePoint Health and said it will explore other options to better meet the needs of the community. -
HCA Healthcare acquires Texas rehab hospital
El Paso, Texas-based Las Palmas Del Sol Healthcare, which is owned by Nashville, Tenn.-based HCA Healthcare, acquired Highlands Rehabilitation Hospital, renaming it to the Las Palmas Del Sol Rehabilitation Hospital East, the El Paso Herald-Post reported Dec. 1. -
Appalachian Regional Healthcare adds 14th hospital
Lexington, Ky.-based Appalachian Regional Healthcare finalized its acquisition of Paul B. Hall Regional Medical Center in Paintsville, Ky., according to a Dec. 1 news release. -
New Jersey approves CentraState, Atlantic Health System partnership expansion
The partnership between Freehold, N.J.-based CentraState Healthcare System and Morristown, N.J.-based Atlantic Health System was finalized Dec. 1 after the approval of a New Jersey Superior Court judge. -
4 healthcare deals questioned by feds in 2021
Several potential hospital mergers have been issued a second request for information or were challenged by the Federal Trade Commission or Justice Department this year. -
California hospital seeks OK to join Keck Medicine of USC
Arcadia-based Methodist Hospital of Southern California is seeking approval to join Los Angeles-based Keck Medicine of USC, the organizations said Nov. 22. -
Tower Health reaches deal to save 2 Pennsylvania hospitals
West Reading, Pa.-based Tower Health has secured a new owner for two of its Pennsylvania hospitals, according to The Philadelphia Inquirer. -
Hospital M&A update: 10 recent deals
Ten transactions involving hospitals and health systems have been announced, finalized or advanced since Nov. 1. -
Adventist Health, Kern Medical partner to expand care in California
Two providers in California's Kern County — Adventist Health Kern County and Kern Medical — said Nov. 16 they have entered a partnership aimed at strengthening the physician network and expanding patient access to care. -
CommonSpirit eyes sale of 14 hospitals
Chicago-based CommonSpirit Health is in discussions to negotiate an affiliation agreement to transfer ownership of 14 Midwest hospitals, according to financial documents released Nov. 16. -
Ballad to acquire full ownership of Virginia hospital
Johnson City, Tenn.-based Ballad Health purchased the remaining 20 percent ownership of Marion, Va.-based Smyth County Community Hospital for $33.7 million from the Smyth County Community Foundation, WJHL reported Nov. 17.
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