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California company buys Texas hospital
American Healthcare Systems has purchased Wilson N. Jones Regional Medical Center, a 214-bed hospital in Sherman, Texas, KXII reported June 28. -
Boston Children's finalizes Franciscan Children's partnership
After more than 18 months since signaling plans to combine, Boston Children's Hospital and Brighton, Mass.-based Franciscan Children's said they will close on an affiliation agreement July 1. -
Ownership group to buy, reopen Florida hospital that closed last year
A new ownership group plans to buy and reopen Healthmark Regional Medical Center, a 50-bed hospital in Defuniak Springs, Fla., that closed in March 2022, mypanhandle.com reported June 28. -
Walgreens to close 300 Boots stores in UK
Walgreens wants to close 300 Boots retail stores in the UK, about 14 percent of its portfolio there, according to a June 27 BBC News report. -
Penn looks to acquire shuttered hospital
Philadelphia-based Penn Medicine agreed to acquire the shuttered Coatesville, Pa.-based Brandywine Hospital from West Reading, Pa.-based Tower Health, Philadelphia Business Journal reported June 27. -
FTC, DOJ propose changes to merger reviews
The Federal Trade Commission has proposed changes to the premerger notification form in addition to premerger notification rules implementing the Hart-Scott-Rodino Act, which requires organizations to report large transactions to the FTC and Justice Department for antitrust review. -
UPMC faces fight with labor, federal regulators in new acquisition
Pittsburgh-based UPMC is likely to face opposition from organized labor and federal regulators as it looks to finalize its merger with Washington (Pa.) Health System, Pittsburgh Post-Gazette reported June 25. -
Hospital, physician group deals slow in 2023: report
Health services deals have slowed some compared to surges in recent years, according to a midyear report from PWC. -
Hospital M&A landscape shifting
The last few years have been wrought with change for hospitals and health systems amid increased consolidation and physician affiliation, according to a June 20 article in Health Affairs. -
Washington Health System to partner with UPMC
The boards of Washington (Pa.) Health System and Pittsburgh-based UPMC signed a letter of intent to negotiate a deal that would integrate WHS into UPMC. -
New Mexico hospital staff, community raise concerns over women's health in light of potential merger
Irving, Texas-based Christus Health is planning to integrate a New Mexico hospital into its network, something that is raising concerns among healthcare staff and the local community, according to a June 19 Source NM report. -
Novant to buy struggling hospital, spend $50M on improvements
Winston-Salem, N.C.-based Novant Health agreed to invest $50 million in Burgaw, N.C.-based Pender Medical Center and develop the facility into a community general hospital within the next five years. -
Private equity group acquires 14 freestanding ERs in Texas
Atlus Community Healthcare, a portfolio company of private equity firm ZT Corporate, acquired Exceptional Emergency Center, a system of 14 emergency rooms across Texas. -
Illinois regulators set date to consider OSF's acquisition of closed hospital
State regulators are set to consider Peoria, Ill.-based OSF Healthcare's application to purchase the shuttered St. Margaret's Health-Peru (Ill.) hospital Aug. 15, local news outlet WCBU reported June 1. -
'A forward-looking transaction': BJC, Saint Luke's CEOs on merging 2 strong entities
St. Louis-based BJC HealthCare and Kansas City, Mo.-based Saint Luke's Health System, two financially stable organizations with their own strong brands, intend to form an integrated academic health system by the year's end. -
Exeter Health, Beth Israel Lahey reach agreement with AG, closing in on summer deal
The long-awaited incorporation of Exeter (N.H.) Health Resources into Cambridge, Mass.-based Beth Israel Lahey Health has taken a major step forward after the New Hampshire attorney general's office agreed to the transaction. -
Doylestown Health closes in on agreement to sell retirement community
Doylestown (Pa.) Health took a step closer to selling its Pine Run retirement community, with a Dec. 30 deadline to complete the transaction, according to a June 13 filing. -
'It's all about leverage': The driving factor behind health system mergers
Many health system mergers today are "all about leverage" when negotiating with payers, rather than significant cost savings or increasing market share, Charlie Shields, CEO of Kansas City, Mo.-based University Health, told the Kansas City Business Journal. -
Jobs could be added as Guthrie Clinic absorbs Lourdes Hospital, CEO says
Merger and acquisition transactions can often lead to job cuts, but that is not anticipated to be the case with Sayre, Pa.-based Guthrie Clinic's acquisition of the Our Lady of Lourdes Memorial Hospital system based in Binghamton, N.Y. -
13 healthcare mergers and acquisitions making headlines in May
Here is a summary of hospital and healthcare merger and acquisition-related transactions from May:
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