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Talks approved for U of Tennessee Medical Center to explore Blount Memorial takeover
The Blount County (Tenn.) Commissioners approved a resolution, 11 to 5, that will allow Mayor Ed Mitchell to enter talks with Knoxville-based University of Tennessee Medical Center concerning the future of Blount Memorial Hospital, NBC affiliate WBIR reported March 22. -
Illinois system that closed hospital discussing sale to 'larger health system,' CEO says
Spring Valley, Ill.-based St. Margaret's Health is in talks with a larger health system about a potential sale and has hired investment bankers to ensure it gets the most value out of a possible deal, Shaw Local News Network reported March 21. -
Private equity in healthcare a mixed bag, Harvard Business Review says
A Harvard Business Review analysis of 42 hospital-leveraged buyouts from 2003 to 2017 urged policy discussions on private equity in healthcare to move beyond a "good" or "bad" framing. -
Hospital M&A can help expand and protect care, AHA says
As hospitals deal with the financial fallout of the COVID-19 pandemic, some are exploring mergers with bigger systems, a move that the American Hospital Association says can "expand and preserve access to care. -
Atlantic Health acquires 11-location practice
Morristown, N.J.-based Atlantic Health System has acquired Thompson Healthcare & Sports Medicine, which has more than 75 providers at 11 locations across central and southern New Jersey. -
California billboards denounce hospital mergers
Billboards along California roadways are calling for more oversight of healthcare mergers, the Public News Service reported March 14. -
Covenant Health scraps health system acquisition
Tewksbury, Mass.-based Covenant Health has called off its plan to acquire Day Kimball Healthcare, a health system based in Putnam, Conn., The Connecticut News Project reported March 14. -
3-hospital system for sale receives multiple bids
Multiple proposals have been submitted by companies seeking to buy Singing River Health System, with the Jackson County Board of Supervisors setting a deadline of April 14 to select the best bid and begin negotiations with that group, according to the Sun Herald. -
SUNY Upstate spent $10M on consultants amid failed merger: Report
Syracuse, N.Y.-based SUNY Upstate University Hospital spent $10 million bringing in outside consultants to advise on the now-failed merger with Syracuse-based Crouse Health, syracuse.com reported March 13. -
Public has until end of March to comment on planned Parkview acquisition by UCHealth
The planned acquisition of Pueblo, Colo.-based Parkview Health System by UCHealth is now entering the public comment stage with a deadline for such comments of March 31, the Pagosa Daily Post reported March 13. -
UPMC completes acquisition of Ireland hospital
Pittsburgh-based UPMC has completed the acquisition of Sports Surgery Clinic, an independent hospital specializing in orthopedic surgery in Dublin, Ireland. -
Minnesota attorney general issues subpoenas as Sanford-Fairview merger talks inch forward
Minnesota Attorney General Keith Ellison has issued subpoenas to Sioux Falls, S.D.-based Sanford Health, its CEO Bill Gassen confirmed at a March 8 state Senate hearing. Mr. Ellison's investigation into Sanford's proposed merger with Minneapolis-based Fairview Health Services has entered a new phase — one that requires sworn statements from certain individuals involved, MPR News reported. -
Beth Israel Lahey Health and Exeter Health combination inching forward
The long-awaited combination of Cambridge, Mass.-based Beth Israel Lahey Health and Exeter (N.H.) Health Resources has taken another step forward after a public meeting earlier this month, according to a March 7 report in The Salem News. -
Fairview, Sanford say university can take hospital back, but details still unclear
Ahead of their proposed merger, Fairview Health Services and Sanford Health have offered to return Minneapolis' east and west bank hospitals to the University of Minnesota — but the details of that transaction remain unclear, according to the Star Tribune. -
CarolinaEast Health ends affiliation with UNC Health
New Bern, N.C.-based CarolinaEast Health System is ending its partnership with Chapel Hill, N.C.-based UNC Health on March 31, the New Bern Sun Journal reported March 6. -
Healthcare M&A carries on strong momentum into February: 12 transactions to note
Here are 12 major hospital and healthcare merger and acquisition-related transactions from February: -
Presbyterian Healthcare and UnityPoint unite: How an $11B merger unfolded
Clay Holderman, CEO of UnityPoint Health, and Dale Maxwell, CEO of Presbyterian Healthcare Services, had been talking for a while about seeking partnerships with other health systems when it finally dawned on them they should be talking to each other about a possible merger between their two organizations. -
Presbyterian Healthcare, UnityPoint Health to explore possible merger
Albuquerque, N.M.-based Presbyterian Healthcare Services and West Des Moines, Iowa-based UnityPoint Health are exploring the possibility of a merger that could result in an approximately $11 billion entity. -
Lifepoint acquires 4 inpatient rehab facilities
Brentwood, Tenn.-based Lifepoint Health has acquired four inpatient rehabilitation facilities from Dallas-based Everest Rehabilitation Hospitals. -
Iowa health systems combine
Davenport, Iowa-based Genesis Health System is now part of MercyOne, the West Des Moines, Iowa-based subsidiary of Trinity Health.
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