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University of Iowa to acquire troubled 234-bed hospital
University of Iowa plans to acquire Mercy Iowa City, a 234-bed, financially troubled hospital that is resisting an investment firm's takeover, according to a news release shared with Becker's. -
Labcorp to acquire Tufts lab assets
Boston-based Tufts Medicine is selling its outreach laboratory business for an undisclosed amount to Labcorp as the first step to a broader partnership, Boston Business Journals reported Aug. 3. -
'We are alike in many ways': Logan Health, Billings Clinic to merge Sept. 1
Kalispell, Mont.-based Logan Health, a six-hospital system, and Billings Clinic will merge Sept. 1 after receiving regulatory approval, according to an Aug. 3 news release. -
Hospital that filed for bankruptcy explores partnership with 6-hospital system
Modesto, Calif.-based American Advanced Management has written a letter of intent to operate the bankrupt Hazel Hawkins Memorial Hospital. -
'A win for patients': Medtech company scraps $875M acquisition after FTC investigation
CooperCompanies, a global medical device company headquartered in Pleasanton, Calif., has terminated its $875 million proposed acquisition of Cook Medical Holdings' reproductive health business. -
Mercy to acquire Missouri health system
Cape Girardeau, Mo.-based SoutheastHealth has signed a definitive agreement to join St. Louis-based Mercy, a 42-hospital system. -
Centura Health folds into CommonSpirit
Centennial, Colo.-based Centura Health is folding into CommonSpirit Health, with the Chicago-based system now managing 20 of its hospitals with plans to retire the Centura brand. -
DAP Health completes acquisition of bankrupt California clinics
DAP Health's acquisition of bankrupt Borrego Springs, Calif.-based clinic chain Borrego has received final approvals, and the two will now operate as one integrated system. -
Novant, Conway Medical Center to form strategic partnership
Winston Salem, N.C.-based Novant Health is set to become a 30 percent owner of Conway (S.C.) Medical Center after the two systems said August 1 they will pursue a strategic partnership. -
Deaconess Health to acquire Indiana hospital
Evansville, Ind.-based Deaconess Health, a 20-hospital system, entered into an affiliation agreement July 26 to acquire the Memorial Hospital and Health Care Center based in Jasper, Ind. -
New FTC guidelines could complicate UPMC acquisition
The Federal Trade Commission's proposed merger guidelines could complicate Pittsburgh-based UPMC's merger with Washington (Pa.) Health System, the Pittsburgh Post-Gazette reported July 28. -
Wellstar, Augusta U deal moves forward
Marietta, Ga.-based Wellstar Health System has received approval from the Georgia Office of the Attorney General to take over Augusta (Ga.) University Health, Atlanta Business Chronicle reported July 28. -
Adventist to take over shuttered California hospital
Shuttered Madera (Calif.) Community Hospital reached an initial agreement to have Roseville, Calif.-based Adventist Health take over operations. -
CHS shed 30 hospitals since 2020
Franklin, Tenn.-based Community Health Systems recently announced it is selling three Florida hospitals to Tampa (Fla.) General Hospital, bringing the total number of hospitals it is selling in 2023 to seven. -
Sanford, Fairview halt merger
Sioux Falls, S.D.-based Sanford Health and Minneapolis-based Fairview Health Services have hit the brakes on their merger after multiple delays. -
Regulators approve OSF takeover of shuttered Illinois hospital
Peoria, Ill.-based OSF HealthCare received approval from the Illinois Health Facilities and Services Review Board for a certificate of application to take over shuttered St. Margaret’s Heath-Peru (Ill.). -
Essentia, Marshfield Clinic to form 25-hospital system in Midwest
Duluth, Minn.-based Essentia Health and Marshfield (Wis.) Clinic Health System have signed an integration agreement to form a 25-hospital regional health system across four states. -
Troubled Tennessee hospital seeks to sell another asset
Nine months ago, Maryville, Tenn.-based Blount Memorial Hospital tried and failed to sell a wellness facility in nearby Alcoa. -
CHS to sell 3 hospitals to Tampa General
Franklin, Tenn.-based Community Health Systems subsidiaries have signed a definitive agreement to sell three Florida hospitals to Tampa General Hospital. -
Cross-market health system mergers to pick up steam
Some of the largest healthcare mergers and acquisitions over the last year were cross-market transactions, a trend that is expected to pick up steam despite the Federal Trade Commission taking a firmer stance on deals that could potentially violate federal antitrust laws.
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