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  • Hospital M&A: 6 recent deals

    Six deals involving health systems and hospitals have been announced, finalized or called off in the last two weeks:
  • How leading health plans are responding to economic headwinds

    Payers can't escape the rising costs hitting healthcare — 63% of health plan execs foresee 6%-10% provider price increases in the next year. Learn what top payers are doing to offset skyrocketing expenses.
  • CHS shed 30 hospitals in 3 years

    Franklin, Tenn.-based Community Health Systems has divested 30 hospitals since 2019. Those hospitals, spread across 12 states, had 4,815 beds, according to a Feb. 17 filing with the Securities and Exchange Commision. 
  • FTC, Rhode Island AG will sue to block Lifespan, Care New England merger

    Rhode Island Attorney General Peter Neronha has denied the application for the proposed merger between Lifespan and Care New England and said he will join the Federal Trade Commission in filing a lawsuit challenging the deal, The Boston Globe reported Feb. 17.
  • South County Health battles Lifespan-Care New England merger

    South Kingstown, R.I.-based South County Health is opposing the proposed merger between Lifespan and Care New England, both based in Providence, R.I., The Public's Radio reported Feb. 15.
  • Alabama company helped private equity presence in hospitals

    As private equity firms increasingly buy hospitals, several have used Birmingham, Ala.-based Medical Properties Trust for help.
  • Judge orders Tower Health to restart sale of 2 closed hospitals

    A Pennsylvania Court of Common Pleas judge ordered Tower Health to restart the sale process of two now-shuttered hospitals to a Texas turnaround firm, The Daily Local reported Feb. 14.
  • Northwestern Medicine purchases Hyatt hotel in Chicago

    Northwestern Memorial HealthCare purchased the Hyatt Centric Hotel in Chicago in February to give patients and families an option to stay overnight when receiving care, a health system spokesperson told Becker's Feb. 14.
  • Prospect Medical Holdings goes on hospital divestiture spree

    Los Angeles-based Prospect Medical Holdings has inked deals to sell its seven hospitals in Connecticut and Pennsylvania. 
  • Signify to acquire Caravan for $250M

    Dallas, Texas-based Signify Health, a value-based healthcare platform, agreed to acquire Kansas City, Mo.-based Caravan Health for $250 million.
  • Prospect to sell Crozer to ChristianaCare

    Wilmington, Del.-based ChristianaCare plans to acquire Springfield, Pa.-based Crozer Health from Los Angeles-based Prospect Medical Holdings after signing a letter of intent.
  • Nonprofit Northern California hospitals to discuss affiliation

    Fresno, Calif.-based Saint Agnes Medical Center and Madera (Calif.) Community Hospital have signed a nonbinding letter of intent to explore a potential affiliation, the Fresno Bee reported Feb. 9.
  • Yale New Haven Health to acquire 2 Connecticut health systems

    Yale New Haven (Conn.) Health System agreed Feb. 10 to acquire two Connecticut health systems from Los Angeles-based Prospect Medical Holdings. 
  • Viewpoint: Courts, FTC should consider underserved when approving healthcare mergers

    Courts and the Federal Trade Commission should consider more than harm to competition when evaluating healthcare mergers; they should also consider the benefit to underserved communities, Phil Goldberg and Kateland Jackson of Shook, Hardy & Bacon wrote in a Bloomberg Law op-ed Feb. 9.
  • Michigan health system joins Marshfield Clinic

    Iron Mountain, Mich.-based Dickinson County Healthcare — a one-hospital system with several clinics — has finalized its affiliation agreement with Marshfield (Wis.) Clinic Health System.
  • Hospital M&A update: 6 recent deals

    Six transactions involving health systems and hospitals have been announced, finalized or called off in the last two weeks:
  • MyMichigan Health adds 10th hospital, renames it

    MyMichigan Health has added its 10th facility, War Memorial Hospital, in Sault Ste. Marie, Mich.
  • City of Hope completes acquisition of Cancer Treatment Centers of America

    Duarte, Calif.-based City of Hope now has one of the largest footprints in cancer research and treatment after it completed its acquisition of Cancer Treatment Centers of America, a network of oncology hospitals and outpatient centers.
  • Centura to acquire 2 LifePoint hospitals

    Centennial, Colo.-based Centura Health signed an asset purchase agreement to acquire two hospitals from Brentwood, Tenn.-based LifePoint Health: Colorado Plains Medical Center in Fort Morgan and Western Plains Medical Complex in Dodge City, Kan.
  • Spectrum, Beaumont merger could mean higher costs, experts say

    The merger between Grand Rapids, Mich.-based Spectrum Health and Southfield, Mich.-based Beaumont Health could mean higher costs for consumers, some experts say, Bridge Michigan reported Feb. 1.
  • Spectrum, Beaumont build new health system launching Feb. 1

    Grand Rapids, Mich.-based Spectrum Health and Southfield, Mich.-based Beaumont Health are partnering to create a new health system, temporarily called BHSH System, which will launch Feb. 1.

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