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CHS eyes $1B in potential hospital sales
Franklin, Tenn.-based Community Health Systems has sold a number of hospitals over the past several years and is evaluating interest for sales that could yield more than $1 billion in additional proceeds, CEO Tim Hingtgen said on the company's Feb. 21 earnings call. -
The tide is turning on healthcare megamergers
Proposed healthcare mergers and acquisitions are continuing to face backlash from hospital and physician groups along with state and federal lawmakers — signaling a turn of the tide against megadeals. -
Ascension offloads New York system to Guthrie Clinic
The Guthrie Clinic in Sayre, Pa., has completed the acquisition of Our Lady of Lourdes Memorial Hospital System from St. Louis-based Ascension, according to financial documents published Feb. 16. -
Indiana health system strikes ASC joint venture
Fort Wayne, Ind.-based Parkview Health is forming an ambulatory surgical center joint venture with Brentwood, Tenn.-based Surgery Partners to expand its surgical care offerings with independent physician groups. -
2 health systems closing day care operations
Two hospitals have shared plans to close or restructure their day care facilities over the last month. -
UCI Health, Lifepoint Health break ground on California rehabilitation hospital
Orange, Calif.-based UCI Health and Lifepoint Rehabilitation — a Brentwood, Tenn.-based Lifepoint Health business unit — have broken ground on a new inpatient rehabilitation hospital in Irvine, Calif., as part of a joint venture partnership. -
HCA to open $15.5M freestanding Florida ER
Kissimmee-based HCA Florida Osceola Hospital, part of Nashville, Tenn.-based HCA Healthcare, is set to open a $15.5 million freestanding emergency room on Feb. 27. -
$1.48B Kaiser Sacramento hospital could break ground in 2024
Oakland, Calif.-based Kaiser Permanente might be breaking ground on a hospital in the Sacramento rail yards this year, the Sacramento Business Journal reported Feb. 15. -
UT Health acquires 6 urgent care clinics
Tyler-based UT Health East Texas has completed its acquisition of six urgent care clinics, including one from its partner Baton Rouge, La.-based Premier Health, an urgent care company. -
Mercy to acquire Ascension hospital
St. Louis-based Mercy plans to acquire ownership of Ascension Via Christi Hospital in Pittsburg, Kan. -
AdventHealth buys Florida property for over $5M
Altamonte Springs, Fla.-based AdventHealth has purchased vacant property in Sanford, Fla., for around $5.3 million, the Orlando Business Journal reported Feb. 13. -
Health Systems partner to build Wisconsin freestanding inpatient rehabilitation hospital
Madison, Wis.-based UW Health, Madison, Wis.-based UnityPoint Health - Meriter Hospital and Lifepoint Rehabilitation — a Brentwood, Tenn.-based Lifepoint Health business unit — have expanded their partnership to develop and operate a second freestanding inpatient rehabilitation hospital in Fitchburg, Wis. -
Judge OKs operator for bankrupt California hospital
A U.S. bankruptcy judge has approved American Advanced Management's plan to operate Madera (Calif.) Community Hospital, a 106-bed acute care facility which has been shuttered for more than 13 months. -
Steward concerns trickle South
Questions about Steward Health Care's stability have spread from Massachusetts to a 278-bed hospital in Louisiana. -
Norton Healthcare acquiring Kentucky medical group
Louisville, Ky.-based Norton Healthcare is acquiring Bowling Green (Ky.) Internal Medicine and Pediatric Associates, the Bowling Green Daily News reported Feb. 8. -
Stockdale acquires 3 Banner Health Arizona properties
Los Angeles-based Stockdale Capital Partners, a real estate investment firm, has acquired properties housing Banner Health outpatient clinics in the Phoenix area. -
KU Health-Liberty Hospital deal faces lawmaker opposition
Lawmakers are trying to block a proposed merger between Liberty (Mo.) Hospital and Kansas City-based University of Kansas Health System, but a hospital board member is pushing back, the Missouri Independent reported Feb. 12. -
Arkansas hospital sold, renamed
Progressive Health Systems, an Oxford, Miss.-based hospital management group, completed its acquisition of Helena-West Helena, Ark.-based Helena Regional Medical Center, Arkansas Business reported Feb. 12. -
U of Minnesota to buy 1,700-bed hospital campus from Fairview
The University of Minnesota and its affiliated physicians are moving to purchase facilities that it has shared for six years with Minneapolis-based Fairview Health Services. -
UCSF Health, Adventist propose joint purchase of shuttered California hospital
San Francisco-based UCSF Health and Roseville, Calif.-based Adventist Health have shared a joint intent to reopen and operate Madera (Calif.) Community Hospital, which has been closed since the start of 2023.
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