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  • Lifespan, Care New England withdraw merger application

    The boards of Lifespan and Care New England — both based in Providence, R.I. — have decided to withdraw their merger application after the Federal Trade Commission made an announcement Feb. 17 to file suit to block the deal.
  • Judge approves sale of bankrupt hospital to healthcare district

    Pajaro Valley Healthcare District Project was approved by a bankruptcy judge to purchase Watsonville Community (Calif.) Hospital, KSBW reported Feb. 23.
  • 4 health system deals by the numbers

    Four deals between health systems have been recently announced or completed in the last few weeks.
  • StoneBridge Healthcare makes Care New England $550M purchase deal

    StoneBridge Healthcare, a financial turnaround company, submitted a bid to purchase Providence, R.I.-based Care New England Health System. 
  • Change Healthcare, UnitedHealth set Feb. 27 deadline for Justice Department to block deal

    UnitedHealth Group plans to close its acquisition of Change Healthcare on Feb. 27, meaning the Justice Department now has less than one week to intervene to block the deal, according to a Feb. 17 Securities and Exchange Commission filing.
  • Nonprofit wins bid to buy California hospital

    Pajaro Valley Healthcare District Project has won its bid to buy Watsonville (Calif.) Community Hospital after no other qualified bids were submitted by the deadline, The Pajaronian reported Feb. 21.
  • Consumer advocates warn against Yale New Haven's proposed merger

    Consumer advocates and public health analysts are speaking out against the Yale New Haven (Conn.) deal to buy two Connecticut health systems from Los Angeles-based Prospect Medical Holdings, NPR affiliate Connecticut Public Radio reported Feb. 20.
  • Hospital M&A: 6 recent deals

    Six deals involving health systems and hospitals have been announced, finalized or called off in the last two weeks:
  • CHS shed 30 hospitals in 3 years

    Franklin, Tenn.-based Community Health Systems has divested 30 hospitals since 2019. Those hospitals, spread across 12 states, had 4,815 beds, according to a Feb. 17 filing with the Securities and Exchange Commision. 
  • FTC, Rhode Island AG will sue to block Lifespan, Care New England merger

    Rhode Island Attorney General Peter Neronha has denied the application for the proposed merger between Lifespan and Care New England and said he will join the Federal Trade Commission in filing a lawsuit challenging the deal, The Boston Globe reported Feb. 17.
  • South County Health battles Lifespan-Care New England merger

    South Kingstown, R.I.-based South County Health is opposing the proposed merger between Lifespan and Care New England, both based in Providence, R.I., The Public's Radio reported Feb. 15.
  • Alabama company helped private equity presence in hospitals

    As private equity firms increasingly buy hospitals, several have used Birmingham, Ala.-based Medical Properties Trust for help.
  • Judge orders Tower Health to restart sale of 2 closed hospitals

    A Pennsylvania Court of Common Pleas judge ordered Tower Health to restart the sale process of two now-shuttered hospitals to a Texas turnaround firm, The Daily Local reported Feb. 14.
  • Northwestern Medicine purchases Hyatt hotel in Chicago

    Northwestern Memorial HealthCare purchased the Hyatt Centric Hotel in Chicago in February to give patients and families an option to stay overnight when receiving care, a health system spokesperson told Becker's Feb. 14.
  • Prospect Medical Holdings goes on hospital divestiture spree

    Los Angeles-based Prospect Medical Holdings has inked deals to sell its seven hospitals in Connecticut and Pennsylvania. 
  • Signify to acquire Caravan for $250M

    Dallas, Texas-based Signify Health, a value-based healthcare platform, agreed to acquire Kansas City, Mo.-based Caravan Health for $250 million.
  • Prospect to sell Crozer to ChristianaCare

    Wilmington, Del.-based ChristianaCare plans to acquire Springfield, Pa.-based Crozer Health from Los Angeles-based Prospect Medical Holdings after signing a letter of intent.
  • Nonprofit Northern California hospitals to discuss affiliation

    Fresno, Calif.-based Saint Agnes Medical Center and Madera (Calif.) Community Hospital have signed a nonbinding letter of intent to explore a potential affiliation, the Fresno Bee reported Feb. 9.
  • Yale New Haven Health to acquire 2 Connecticut health systems

    Yale New Haven (Conn.) Health System agreed Feb. 10 to acquire two Connecticut health systems from Los Angeles-based Prospect Medical Holdings. 
  • Viewpoint: Courts, FTC should consider underserved when approving healthcare mergers

    Courts and the Federal Trade Commission should consider more than harm to competition when evaluating healthcare mergers; they should also consider the benefit to underserved communities, Phil Goldberg and Kateland Jackson of Shook, Hardy & Bacon wrote in a Bloomberg Law op-ed Feb. 9.

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