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California hospital to close after Trinity sale called off
Madera (Calif.) Community Hospital plans to file for bankruptcy Jan. 3 and close within the month. -
Nonprofit health system deals in poor areas scrutinized by WSJ
The Wall Street Journal is monitoring nonprofit health systems and recently published an article scrutinizing where the largest systems are expanding and contracting. -
New Jersey hospital shifts to freestanding ER after Trinity, Capital Health transaction closes
St. Francis Medical Center in Trenton, N.J., on Dec. 21 transitioned to a freestanding emergency room that offers various outpatient services after Capital Health acquired the hospital from Trinity Health, according to PBS affiliate WHYY. -
Hospital consolidation continues: 12 M&As that grabbed headlines in 2022
Consolidation continued to take flight across the healthcare sector this year, with many hospitals and health systems pursuing mergers and acquisitions to scale and reduce costs, provide additional care services and strengthen their footprint in certain markets. -
2 Cleveland Clinic hospitals to merge urgent care centers
Cleveland Clinic Mercy Hospital and Cleveland Clinic Union Hospital in Dover, Ohio, plan to merge their urgent care centers in Tuscarawas County in the spring, according to the Times Reporter. -
Children's Hospital New Orleans to take over operations at Baton Rouge hospital
Children's Hospital New Orleans is affiliating with Our Lady of the Lake Children's Health in a partnership that will see the New Orleans pediatric hospital take control of the Baton Rouge, La., hospital. -
Who owns this hospital? HHS aims to answer
For the first time, anyone can view detailed information on the ownership of more than 7,000 Medicare-certified hospitals with a new data set published by HHS Dec. 20. -
Louisiana hospitals partnering to overhaul pediatric healthcare
Children's Hospital New Orleans and Baton Rouge, La.-based Our Lady of the Lake Children's Health are collaborating to bolster child health outcomes and specialized services across the state. -
Inspira Health adds New Jersey hospital
Mullica Hill, N.J.-based Inspira Health has added Salem (N.J.) Medical Center to its system and acquired its hospital building, ASC and physician offices. -
California AG approves Trinity's acquisition of 'financially distressed' hospital
California Attorney General Rob Bonta has conditionally approved the sale of "financially distressed" Madera Community Hospital to Livonia, Mich.-based Trinity Health, according to a Dec. 15 news release. -
11 called-off hospital deals
Nearly a dozen hospital mergers, acquisitions, joint ventures, affiliations and partnerships were unwound or called off throughout 2022. -
2 New Jersey health systems to merge into $2.2B organization
Camden, N.J.-based Cooper University Health Care and Cape Regional Health System in Cape May Court House, N.J., have signed a letter of intent to merge into a two-hospital system with revenue exceeding $2.2 billion a year. -
Mayo Clinic Care Network adds Texas health system
San Angelo, Texas-based Shannon Medical Center has joined the Mayo Clinic Care Network, a global group of independent care systems that can tap into the knowledge and medical expertise of Rochester, Minn.-based Mayo Clinic. -
Alaska hospital to merge with long-term care facility
Juneau, Alaska-based Bartlett Regional Hospital will assume operations of Juneau-based Wildflower Court, a nursing and rehabilitation facility. -
LCMC Health makes case for $150M acquisition of 3 HCA hospitals
At a Dec. 8 public hearing, New Orleans-based LCMC Health officials made their case to the office of the Louisiana Attorney General for the system's planned acquisition of three Tulane University hospitals in Baton Rouge, La., nola.com reported Dec. 8. -
U of Michigan Health to acquire, invest $800M in 6-hospital system
The University of Michigan Health's board of regents on Dec. 8 approved a proposed agreement that would see it acquire Lansing, Mich.-based Sparrow Health System to become a $7 billion-health system with more than 200 sites of care. -
Capital Health receives approval to take over New Jersey Hospital
Trenton, N.J.-based Capital Health has received approval to take over services from Trenton-based St. Francis Medical Center. -
Ochsner acquires Mississippi urgent care provider
New Orleans-based Ochsner Health, a 47-hospital system with more than 36,000 employees, has acquired Diamondhead (Miss.) Urgent Care, NBC affiliate WXXV reported Dec. 7. -
Texas A&M, University Health partner on training, research hospital
Executives from Texas A&M University-San Antonio, Bryan-based Texas A&M Health and San Antonio-based University Health have partnered to expand care, medical training and research in South Texas and Bexar County. -
Atrium, Advocate Aurora complete merger
Atrium Health and Advocate Aurora Health closed on their formal combination Dec. 2, resulting in a newly combined $27 billion, 67-hospital system called Advocate Health — the fifth-largest nonprofit health system in the U.S.
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