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  • Kansas hospital exploring deal with Stormont as financial woes mount

    Topeka, Kan.-based Stormont Vail Health may partner with the financially struggling Geary Community Hospital after the system's letter of intent was accepted by the hospital and Geary County Commission, WIBW reported April 19.
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  • Trinity to become sole owner of MercyOne, acquire CommonSpirit's share

    Livonia, Mich.-based Trinity Health and Chicago-based CommonSpirit Health have signed an agreement for Trinity to acquire all MercyOne Health System assets and facilities.
  • Steward acquires 5th Arizona facility

    Dallas-based Steward Health Care acquired its fifth facility in Arizona, the physician-led healthcare network said April 19. 
  • OSF HealthCare buys assets of shuttered Illinois hospital for $4M

    Peoria, Ill.-based OSF HealthCare completed its purchase of the real estate, medical equipment and other assets of the closed Galesburg (Ill.) Cottage Hospital for $4 million, according to the Galesburg Register-Mail.
  • SUNY Upstate Medical University to buy New York health system

    SUNY Upstate Medical University plans to acquire Crouse Health in a move that would shake up the hospital market in Syracuse, N.Y.
  • Price of merger insurance is dropping

    The price of merger and acquisition insurance, which inflated amid a busy deal-making season last year, is starting to drop, The Wall Street Journal reported April 13.  
  • Tampa General, Kindred enter joint venture for behavior hospital

    Tampa (Fla.) General Hospital and Kindred Behavioral Health, part of Brentwood, Tenn.-based LifePoint Health, have formed a joint venture partnership to construct and operate Tampa General Behavioral Health Hospital.
  • Hackensack Meridian, Englewood withdraw merger plans

    Edison, N.J.-based Hackensack Meridian Health and Englewood (N.J.) Health have dropped their merger plans, a spokesperson for Hackensack Meridian told Becker's.
  • Healthcare M&A transactions hit record low in Q1, Kaufman Hall says

    Driven by the COVID-19 pandemic, the healthcare industry continued to see fewer mergers and acquisitions in the first quarter of 2022, with only 12 transactions recorded, according to an April 7 Kaufman Hall report.
  • 8 recent hospital mergers and acquisitions

    Eight deals involving health systems and hospitals have been announced, finalized or blocked since March 16. 
  • Healthcare district needs $20M by July to buy California hospital

    Recently formed healthcare group Pajaro Valley Health Care District needs to gather at least $20 million by July to purchase the bankrupt Watsonville (Calif.) Community Hospital, Santa Cruz Sentinel reported April 4.
  • Intermountain CEO talks merger: 'It's a service commitment'

    Salt Lake City-based Intermountain Healthcare and Broomfield, Colo.-based SCL Health have finalized a merger put in motion in December. With the deal completed, April 5 marked the first official workday under the combined organization. Marc Harrison, MD, president and CEO of Intermountain Healthcare, discussed what excites him most about the merger, the challenges ahead in terms of integration and the reasoning behind the deal.
  • Intermountain, SCL Health form 33-hospital system

    Salt Lake City-based Intermountain Healthcare and Broomfield, Colo.-based SCL Health have completed their merger after the Colorado attorney general's office signed off on the deal March 31. 
  • Penn Highlands Healthcare adds 8th hospital

    Highlands Hospital in Connellsville, Pa., officially joined DuBois, Pa.-based Penn Highlands Healthcare April 1 after receiving regulatory approvals, becoming the system's eighth hospital.
  • Ochsner Health adds hospital, increases its minimum wage

    Jennings (La.) American Legion Hospital joined New Orleans-based Ochsner Health on April 1. The hospital was renamed Ochsner American Legion Hospital. 
  • West Virginia health systems to merge

    Morgantown, W.Va.-based Mon Health System and Chaleston, W.Va.-based CAMC Health System have signed a letter of intent to create a single new system named Vandalia Health, the organizations announced March 31. 
  • Michigan health system explores joining Trinity Health

    North Ottawa Community Health System, a single-hospital network in Grand Haven, Mich., is exploring a deal to join Livonia, Mich.-based Trinity Health, according to MiBiz. 
  • Optum reportedly buys Refresh Mental Health

    UnitedHealth Group's Optum unit has bought Refresh Mental Health from a private equity firm, Axios reported March 24 citing sources. 
  • 8 hospital, health system deals ended since October

    Eight hospital and health system deals have been called off since October, whether it was the cancellation of a merger or acquisition or the unwinding of a partnership.
  • North Memorial Health to take full ownership of Minnesota hospital

    Robbinsdale, Minn.-based North Memorial Health will take full ownership of Maple Grove (Minn.) Hospital by purchasing the final 25 percent stake from Minneapolis, Minn.-based Fairview Health Services.

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