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Baptist Health, Deaconess to operate rural Kentucky hospital
Baptist Health and Deaconess Health System have signed a memorandum of understanding to create a joint venture that will operate a rural Kentucky hospital. -
SSM Health to sell 100-year-old Missouri hospital
St. Louis-based SSM Health signed a definitive agreement to sell its 100-year-old Missouri hospital to Kansas City, Mo.-based Noble Health, according to ABC 17. -
Insurers ordered to give up claims data for FTC study of healthcare mergers and acquisitions
The Federal Trade Commission sent orders to six health insurers for claims data to help it study the effect of hospital acquisitions of physician groups. -
Hospital M&A update: 9 recent deals
Nine transactions involving hospitals and health systems were announced, finalized or advanced in the last week: -
UPMC's acquisition of Ireland hospital approved
Pittsburgh-based UPMC won approval to acquire a 105-year-old hospital in Kilkenny, Ireland, according to a Jan. 14 report in KCLR. -
Mass General abandons acquisition of New Hampshire hospital
Massachusetts General Hospital has pulled the plug on its plan to acquire a New Hampshire hospital and create a new Seacoast, N.H.-based nonprofit health system, according to the Union Leader. -
MaineHealth adds Brunswick hospital
Portland-based MaineHealth added a ninth hospital to its network this month, according to a disclosure notice published Jan. 13. -
7 healthcare transactions were megamergers in 2020
In 2020, there were seven hospital and health system mergers involving two companies with more than $1 billion in annual revenue, according to an analysis by consulting firm Kaufman Hall. This compares to three megamergers announced in 2019. -
Tenet aims to acquire up to 40 surgery centers this year
Tenet Healthcare, a 65-hospital system based in Dallas, plans to acquire 25 to 40 ambulatory surgery centers this year, according to the company's presentation Jan. 12 at the J.P. Morgan Healthcare Conference. -
Ascension to sell 7 Wisconsin hospitals, 21 clinics to Aspirus
Ascension Wisconsin plans to sell seven hospitals, 21 physician clinics and its patient transport services to Wausau, Wis.-based Aspirus Health. -
Pennsylvania attorney general drops challenge to Jefferson-Einstein merger
The Pennsylvania attorney general has dropped his opposition to Jefferson Health's acquisition of Einstein Healthcare Network, according to The Philadelphia Inquirer. -
Optum in talks to acquire 715-physician group in Massachusetts
UnitedHealth subsidiary Optum is in talks to acquire Atrius Health, a 715-physician group based in Newton, Mass., according to the Boston Business Journal. -
CommonSpirit to sell 14 hospitals to Essentia Health
Fourteen hospitals owned by Chicago-based CommonSpirit Health could join Duluth, Minn.-based Essentia Health as early as this summer. -
Illinois hospitals merge, get new names
St. Margaret's Hospital in Spring Valley, Ill., and Illinois Valley Community Hospital in Peru have consolidated their operations to form a regional healthcare network. -
Froedtert to acquire majority stake in Wisconsin hospital
Wauwatosa, Wis.-based Froedtert Health plans to acquire a majority stake in Manitowoc, Wis.-based Holy Family Memorial. -
Rochester Regional, St. Lawrence Health System finalize affiliation
Rochester (N.Y.) Regional Health, a five-hospital system, and St. Lawrence Health System, a three-hospital system in Potsdam, N.Y., have finalized an affiliation agreement. -
Hospital M&A update: 21 recent deals
Twenty-one transactions involving hospitals and health systems were announced, finalized or advanced in the last month: -
Colorado hospital strikes 5-year management agreement
Montrose (Colo.) Memorial Hospital signed a new management agreement with Community Hospital Consulting. -
CHI Franciscan, Virginia Mason officially merge: 5 things to know
CHI Franciscan and Virginia Mason officially formed an 11-hospital health system Jan. 5. The system, Virginia Mason Franciscan Health, will be part of Chicago-based CommonSpirit Health. -
Washington hospital splits from Virginia Mason
Virginia Mason Memorial in Yakima, Wash., has transitioned back to an independent hospital and reverted to its old name, according to the Yakima Herald-Republic.
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