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HCA shelled out $635 million for 2023 acquisitions
Nashville, Tenn.-based HCA Healthcare spent a combined $635 million on acquisitions in 2023, according to its 2023 annual shareholders report. -
Maryland medical group adds over 400 primary care practices in 2024
Bethesda, Md.-based Aledade, a primary care group, has added over 400 primary care practices, community health centers and clinics to its network in 2024. -
How HCA, Tenet and CHS have grown — or shrunk — over 5 years
Nashville, Tenn.-based HCA Healthcare operated 186 hospitals by the end of 2023, up from 179 in 2019. Meanwhile, two other large for-profit health systems — Franklin, Tenn.-based Community Health Systems and Dallas-based Tenet Healthcare — have trimmed the number of hospitals they operated over that span. -
Catholic health system, Indiana hospital finalize affiliation agreement
Jaspin, Ind.-based Memorial Hospital and Health Care Center finalized an affiliation agreement with Evansville, Ind.-based Deaconess Health, which became effective Feb. 1. -
Memorial Health looks to sell 112-bed nursing facility
Marysville, Ohio-based Memorial Health is looking to sell its 112-bed Marysville-based Memorial Gables Nursing Home and Rehabilitation facility. -
Massachusetts health system has 'strong interest' in buying Steward hospital
New Bedford, Mass.-based Southcoast Health has expressed interest in buying Fall River, Mass.-based Saint Anne's Hospital, part of Dallas-based Steward Health Care. -
Nonprofit hits back at nurse 'demands' amid planned Rhode Island hospital acquisitions
The Centurion Foundation, an Atlanta-based nonprofit, has hit back at a nurse union over claims that its plan to acquire two Providence, R.I., hospitals is "not credible or viable." -
Pennsylvania health systems are partnering up
Kittanning, Pa.-based Armstrong County Memorial Hospital signed a definitive agreement March 6 to join Pennsylvania Mountains Care Network, marking the latest in a series of partnerships, mergers and acquisitions between hospitals and health systems in the Keystone State. -
Pennsylvania hospital signs agreement with rural healthcare collaborative
Kittanning, Pa.-based Armstrong County Memorial Hospital has signed a definitive agreement with the Pennsylvania Mountains Care Network, a healthcare network. -
Healthcare M&A: 10-point status update
It's gearing up to be another big year for health system mergers and acquisitions. Here's what Becker's has gathered on the transactions scene as we settle into 2024: -
Federal agencies put healthcare deals in spotlight
Several federal agencies are teaming up to launch a cross-government public inquiry into the effects of private equity and other corporations on healthcare. -
'Not credible or viable': Union objects to 2-hospital acquisition in Providence
The United Nurses and Allied Professionals has urged the Rhode Island attorney general and state department of health to reject the Centurion Foundation's plan to acquire two Providence, R.I., hospitals from Los Angeles-based Prospect Medical Holdings. -
Cincinnati Children's partners with Indiana health system
Cincinnati Children's has signed a letter of intent with Fort Wayne, Ind.-based Parkview Health to expand their partnership for pediatric healthcare access across Fort Wayne and surrounding areas. -
PE-backed physician groups grew 600% in a decade
The number of physician practices acquired by private equity firms increased by more than 600% from 2012 to 2021, according to a new analysis in Health Affairs. -
Healthcare real estate companies close $21B merger
Denver-based Healthpeak Properties has closed its $21 billion all-stock merger with Milwaukee-based Physicians Realty Trust. The companies will operate under the name Healthpeak Properties. -
Sutter Health acquires 5 radiation oncology centers
Sacramento, Calif.-based Sutter Health has acquired five radiation oncology centers from GenesisCare, a cancer care services provider. -
Aspirus, St. Luke's form 19-hospital system
Duluth, Minn.-based St. Luke's and Wausau, Wis.-based Aspirus Health have officially combined, forming a 19-hospital system with almost 14,000 employees. -
Lion Star reaches deal to transfer Texas hospital back to district
Lion Star, the group that runs Nacogdoches (Texas) Memorial Hospital, has reached an agreement with the Nacogdoches (Texas) County Hospital District to transition its operations of the hospital to the district on or around March 15. -
Tenet's hospital selling spree
Dallas-based Tenet Healthcare started 2024 with a flurry of hospital sales, selling nine hospitals to three health systems and netting nearly $4 billion in gross proceeds. -
Critical access hospital to join Baxter Health
Fulton County Hospital in Salem, Ark., has officially agreed to join Mountain Home, Ark.-based Baxter Health.
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