A nonprofit duo won a bid to buy St. Christopher's Hospital for Children out of bankruptcy, edging out for-profit hospital operator KPC Global, according to The Philadelphia Inquirer. 

A consortium of four health systems that was expected to submit a bid for St. Christopher's Hospital for Children in Philadelphia bowed out of the auction, according to The Philadelphia Inquirer.

Anne Arundel Medical Center in Annapolis, Md., and Doctors Community Health System, a single-hospital system based in Lanham, Md., have merged to create a new system: Luminis Health. 

St. Christopher's Hospital for Children in Philadelphia entered bankruptcy in late June, and several health systems are expected to place competing bids to take over the 188-bed hospital, according to The Philadelphia Inquirer.  

Care New England Health System, a three-hospital system based in Providence, R.I., withdrew from merger talks with two other organizations in July. That failed deal represents one of several hospital mergers that, at some point in their lifetime, were called off in the past year.

Albany (N.Y.) Medical Center and Glens Falls (N.Y.) Hospital have agreed to affiliate, the organizations announced Sept. 12. 

Three major healthcare organizations —  LifePoint Health, MultiCare Health System and UW Medicine —  have partnered to create Embright, a new clinically integrated network in the Pacific Northwest.

The total number of healthcare mergers and acquisitions hit a record high in 2018, and dozens of deals have been announced so far this year.

University of Louisville (Ky.) may not need a $50 million loan from the state to buy Jewish Hospital and its affiliated entities, despite previous assertions that the deal would be impossible without financial assistance, according to local news station WDRB.

Pineville (Ky.) Community Healthcare received a $7 million takeover bid, but the hospital ended up selling for less than half that amount, according to the Lexington Herald-Leader.

Emory Healthcare Network, based in Atlanta, is adding Columbus, Ga.-based St. Francis Hospital physicians and providers to its clinically integrated network.

The University of Louisville's top executive faced harsh questioning Sept. 9 from Kentucky lawmakers over the school's plan to take over a financially struggling health system with help from the state, according to the Louisville Business Journal.

While a bankruptcy judge in Delaware approved the sale of shuttered Hahnemann University Hospital's residency program, physicians from the system's children's hospital rallied in Philadelphia for a nonprofit buyer.

A bankruptcy court judge ruled Sept. 5 that a group of six health systems in the Philadelphia area can buy Hahnemann University Hospital's residency program for $55 million, according to The Philadelphia Inquirer. 

Now that site neutrality is on everyone’s mind, Avanza is regularly called upon by hospitals and health systems to assist in converting provider-based entities, i.e., hospital outpatient department (HOPD), to freestanding, and often joint-ventured, ambulatory surgery centers (ASCs).

The American Hospital Association released a report stating that hospital acquisitions allow providers to provide better care at a lower cost to patients.

Two Washington, D.C.-based children's health systems received regulatory approval to integrate, the organizations said Sept. 3.

KPC Global, a Santa Ana, Calif.-based hospital operator, submitted a last-minute filing Aug. 29 to participate in a bankruptcy hearing that could determine the fate of Philadelphia-based Hahnemann University Hospital's residency program, according to Philadelphia Business Journal.

After a springtime lull, the healthcare industry saw transaction volumes bounce back in July, according to Bloomberg Law.

Franklin, Tenn.-based Community Health Systems has sold two Florida hospitals to Altamonte Springs, Fla.-based AdventHealth.