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Collapse of Novant-CHS deal 'a win for consumers,' FTC says
Federal Trade Commission Bureau of Competition Director Henry Liu called Novant Health's decision to call off its plan to acquire two hospitals from Community Health Systems "a win for consumers." -
HCA to acquire Catholic system
Catholic Medical Center, a 330-bed regional health system in Manchester, N.H., is pursuing a deal to join HCA Healthcare. -
Kentucky health system acquires 7th hospital
Bowling Green, Ky.-based Med Center Health has acquired Logan Memorial Hospital in Russellville, Ky., making it the health system's seventh hospital. -
UK HealthCare acquires Kentucky system
Morehead, Ky.-based St. Claire HealthCare has officially joined Lexington-based UK HealthCare, part of the University of Kentucky in Lexington. -
Cooper University Health acquires New Jersey system
Cooper University Health Care on July 1 completed the acquisition of Cape May, N.J.-based Cape Regional Health System. -
CommonSpirit in talks to sell hospital to Altru
CommonSpirit Health is in the early stages of a potential sale of its critical access hospital in Devils Lake, N.D., to Altru Health System. -
Optum backs out of Steward deal
UnitedHealth Group's Optum has scrapped its plan to acquire Dallas-based Steward Health Care's physician group, Stewardship Health, The Boston Globe reported June 27. -
A flurry of hospital M&A moves closes out the 1st half of 2024
The final days of the first half of 2024 saw several hospital merger and acquisition deals move forward. -
Allina sells lab assets to Quest Diagnostics
Minneapolis-based Allina Health signed an agreement to sell some lab assets to Quest Diagnostics for improved access and affordability of services. -
Atlantic Health, Saint Peter's Healthcare reach definitive agreement
A definitive agreement has been signed for New Brunswick, N.J.-based Saint Peter's Healthcare System to join Morristown, N.J.-based Atlantic Health System. -
UAB Health to acquire Ascension St. Vincent's for $450M
The University of Alabama System's board of trustees unanimously approved an agreement to acquire Ascension St. Vincent's Health System. -
16 hospital M&A moves to know in the 1st half of 2024
From a Tenet selling spree to Risant Health's acquisition of Geisinger, here are 16 hospital merger and acquisition moves to know from the first six months of 2024. -
Risant Health plans to acquire North Carolina system
Risant Health, a nonprofit formed under Oakland, Calif.-based Kaiser Permanente, has signed a definitive agreement to acquire Greensboro, N.C.-based Cone Health. -
Prospect 2 Rhode Island hospital sale gets state DOH approval, more requirements added
The Rhode Island department of health has conditionally approved the application for Los Angeles-based Prospect Medical Holdings to sell its two safety net state hospitals to The Centurion Foundation, according to a June 20 news release shared with Becker's. -
Lehigh Valley Health Network to sell, lease back facilities to fund hospital projects
Allentown, Pa.-based Lehigh Valley Health Network is planning to sell and then lease back several outpatient facilities primarily to fund two hospital projects, The Morning Call reported June 20. -
Tougher FTC policies disrupt hospital M&A
Winston-Salem, N.C.-based Novant Health scrapped its planned acquisition of two hospitals from Franklin, Tenn.-based Community Health Systems after an appellate court granted the Federal Trade Commission an emergency injunction blocking the deal. -
Prospect approved to sell 2 Rhode Island hospitals, must meet 40 conditions
Los Angeles-based Prospect Medical Holdings has received conditional approval from Rhode Island Attorney General Peter Neronha, after a lengthy review, to sell its two safety net hospitals to The Centurion Foundation. -
CHS evaluating operations at hospitals in collapsed Novant deal
Franklin, Tenn.-based Community Health Systems said it is "evaluating the current operations" at its two North Carolina hospitals after a deal to sell the hospitals to Winston-Salem, N.C.-based Novant Health was called off amid Federal Trade Commission scrutiny. -
Novant scraps $320M hospital deal with CHS
Winston-Salem, N.C.-based Novant Health has called off its planned $320 million acquisition of two North Carolina hospitals from Community Health Systems after an appellate court granted the Federal Trade Commission an emergency injunction blocking the deal. -
Health systems uneasy about acquiring financially weaker assets
Financially stronger health systems are hesitant about acquiring weaker hospitals or systems, an M&A trend that is expected to continue as organizations continue financial turnarounds and work to steadily improve their operating margins after a financially challenging period, according to a recent report from ratings agency S&P Global.
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