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  • Hawaii system to acquire Wahiawa General

    The Queen's Health System in Honolulu, Hawaii, has entered into an asset purchase agreement to acquire Wahiawa General Hospital, effective March 31.
  • 6 opportunities for healthcare RCM leaders in 2024

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  • Connecticut attorney general investigating Prospect Medical's 'financial practices'

    The Connecticut attorney general's office has previously said it is investigating Los Angeles-based Prospect Medical Holdings for back taxes it owes the state.
  • Augusta Health adds women's health group

    Fishersville, Va.-based Augusta Health is adding Augusta Health Care for Women, the health system said Nov. 2.
  • Parkview Health to join UCHealth Dec. 1

    Pueblo, Colo.-based Parkview Health and Aurora, Colo.-based UCHealth have completed all their necessary regulatory processes and will be joining forces Dec. 1, the two systems said Nov. 2.
  • Alabama system joins Ochsner ACO to improve senior health outcomes

    Mobile, Ala.-based Infirmary Health, the largest nonprofit private healthcare provider in the state, is teaming up with New Orleans-based Ochsner Health by joining its accountable care organization, the two systems said Nov. 2.
  • Blackstone to acquire 16-hospital system in India

    Blackstone, a private equity firm, has inked a deal to purchase a 72.5 percent stake in Quality Care India — which operates  Care Hospitals —- from Evercare, a platform backed by TPG Rise funds, the Business Standard reported Oct. 31.
  • Florida legislator wants public system sold; president opposed

    Titusville, Fla.-based Parrish Healthcare is the target of a Florida representative who wants to see the public system sold because of what he believes is excessive government interference. The health system, meanwhile, wants no part of a sale, according to an Oct. 30 Orlando Business Journal report.
  • 20 mergers and acquisitions making headlines in October

    Here is a summary of hospital and healthcare merger and acquisition-related transactions from October:
  • UC San Diego Health to assume operations of community hospital

    Tri-City Healthcare District has selected UC San Diego Health as its future healthcare partner, with the two organizations developing a joint powers agreement.
  • U of Iowa Health to purchase Mercy Iowa City

    Having originally failed in its bid to buy Mercy Iowa City hospital, the University of Iowa Health system is now set to take over the bankrupt facility.
  • Catholic system, Singing River call off negotiations

    Ocean Springs, Miss.-based Singing River Health System is back on the market after negotiations around its planned sale to Franciscan Missionaries of Our Lady Health System, a 10-hospital system, broke down, SuperTalk Mississippi Media reported Oct. 25. 
  • Hospital exploring Pennsylvania alliance affiliation

    Kittanning, Pa.-based Armstrong County Memorial Hospital is weighing whether to become part of the Pennsylvania Mountains Care Network, a collaborative of independent community hospitals, the Pittsburgh Post-Gazette reported Oct. 26. 
  • Mercy Iowa City's sale delay harming community, orthopedic group says

    Stalling by Mercy Iowa City hospital authorities over the facility's sale is causing employees to leave and patients to cancel procedures, according to the orthopedic group operating at the bankrupt hospital in an Oct. 25 report from The Gazette.
  • 6 notes on Risant Health 6 months later

    It has been six months since Oakland, Calif.-based Risant Health agreed to acquire Danville, Pa.-based Geisinger Health to launch Risant Health. 
  • Yale New Haven resumes talks with state on 3-hospital Prospect deal

    Yale New Haven (Conn.) Health has resumed negotiations with Connecticut officials about a proposed deal for the system to acquire three hospitals from Prospect Medical Holdings, the Connecticut Mirror reported Oct. 25.
  • Ascension hospitals transferring to Henry Ford have $3.4B annual revenues

    The Ascension-owned Michigan hospitals transferring to Detroit-based Henry Ford Health had a total revenue of $3.4 billion in fiscal 2023 and operated at a loss, according to an Oct. 25 filing detailing the proposed transaction.
  • Sustained losses could threaten Mercy Iowa City purchase

    Auction-winning bondholder Preston Hollow Community Capital says Mercy Iowa City hospital is handing over obligations to fund continued operating losses in a way that has caused an impasse in any eventual sale of the facility, according to an Oct. 25 report from The Gazette.
  • Hospital execs still eyeing M&A opportunities

    In a declining healthcare merger and acquisition market, hospital CFOs said that they are still monitoring opportunities to expand access to care but are remaining cautious.
  • UPMC edges closer to Pennsylvania health system deal

    Pittsburgh-based UPMC said it has entered into an integration and affiliation agreement with Washington (Pa.) Health System, according to an Oct. 23 filing.
  • MercyOne emerging as key revenue driver for Trinity Health

    Trinity Health may initially be losing money on the September 2022 acquisition of MercyOne, but the 16-medical-center network is fast becoming a key revenue source for the Livonia, Mich.-based health system, COO Ben Carter told investors.

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