Corvallis, Ore.-based Samaritan Health Services has received conditional Oregon Health Authority approval for its proposed affiliation with Tacoma, Wash.-based MultiCare Health System. The systems must also receive approval from two additional state reviews before they can close the transaction, the…
Transactions & Valuation Issues
Brentwood, Tenn.-based Lifepoint Health plans to sell Fauquier Health, a 97-bed hospital in Warrenton, Va., to Cincinnati-based Bon Secours Mercy Health, months after acquiring eight hospitals across six states. Lifepoint signed an asset purchase agreement to transition ownership of Fauquier…
After a brief post-pandemic lull, hospital consolidation is accelerating again, with large health systems expanding across state lines, absorbing independent hospitals and reshaping regional care markets. From portfolio resets and strategic exits to cross-market mergers and billion-dollar investments, these moves…
BradenHealth has acquired the former Jellico (Tenn.) Hospital, with plans to reopen it as a full-service hospital. Five things to know: 1. The purchase from the City of Jellico is a minimum $14 million investment and is expected to create…
Cincinnati-based Bon Secours Mercy Health plans to acquire Fauquier Health in Warrenton, Va., increasing its hospital footprint to 48 across five states: Ohio, Virginia, Kentucky, Maryland and South Carolina. Brentwood, Tenn.-based Lifepoint Health has signed an asset purchase agreement to…
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Rural hospitals have long treated independence as a virtue in itself — a signal of community identity, local control and mission fidelity. Kyle Kramer, chief executive officer of Day Kimball Health in Putnam, Conn., has spent six years leading a…
King of Prussia, Pa.-based Universal Health Services has completed its acquisition of online behavioral health provider Talkspace in a deal valued at about $835 million. UHS and Talkspace first announced the deal in March and have now received all necessary…
Throughout Barclay Berdan‘s 12 years as CEO, Arlington-based Texas Health Resources has taken a deliberate approach to growth: identify where North Texas is growing, secure land with good access, add ambulatory services and build hospitals as demand increases. Large-scale consolidation…
AdventHealth and Intermountain’s Denver-area joint venture is forging ahead and Wellstar completed its acquisition of a critical access hospital. Here are three hospital M&A moves Becker’s reported during the week of Aug. 10: 1. Altamonte Springs, Fla.-based AdventHealth and Salt…
AdventHealth and Intermountain Health have signed a definitive agreement to form their Denver-area joint venture, the next step in a deal that would place eight hospitals under AdventHealth management. The systems signed a letter of intent July 21 and formalized…