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Hospital M&A: 7 recent deals
Several hospitals and health systems are pursuing merger and acquisition deals, and a few transactions have been called off in recent months. -
Singing River Health System leaders push for sale of hospital
Gautier, Miss.-based Singing River Health System's administration is asking Jackson County leaders to sell the hospital, which has been owned by the county for almost a century, due to financial troubles, the Sun Herald reported Aug. 18. -
Lahey Hospital, UMass Chan Medical School ink letter of intent to collaborate on campus
Lahey Hospital and Medical Center in Burlington, Mass., has signed a letter of intent with Worcester, Mass.-based UMass Chan Medical School to collaborate on a regional medical campus. -
ChristianaCare, Prospect Medical Holdings cancel 4-hospital deal
ChristianaCare signed a letter of intent in February to acquire Crozer Health from Prospect Medical Holdings. The health systems announced Aug. 18 that the deal will not move forward. -
FTC urges states to avoid adopting laws that shield hospitals from antitrust oversight
The Federal Trade Commission highlighted the pitfalls of using Certificates of Public Advantage in a new policy paper and fact sheet. -
MultiCare, Yakima Valley Memorial extend merger discussions
Tacoma, Wash.-based MultiCare Health System and Yakima (Wash.) Valley Memorial Hospital have extended the timeline for merger discussions, the Yakima Herald-Republic reported Aug. 14. -
Private equity deal-making in healthcare: 5 takeaways from 1st half of 2022
New York City-based Oliver Wyman released findings on private equity deals in healthcare based on data from the first half of 2022. -
12 hospital deals called off in past year
There were several hospital mergers, acquisitions, affiliations and partnerships that, at some point in their lifetime, were called off in the past year. -
MUSC, Regional Medical Center propose partnership
Orangeburg, S.C.-based Regional Medical Center is planning a partnership with Charleston-based Medical University of South Carolina to enhance healthcare access across the state, according to an Aug. 9 report from News 19. -
Flagler Health+ explores joining another system
St. Augustine, Fla.-based Flagler Health+ announced that the board of trustees and leadership team began a formal process to explore joining a 'like-minded health system,' according to an Aug. 9 press release from the organization. -
TikTok parent buys 7-hospital chain in China for $1.5B
Beijing-based social media giant ByteDance has acquired one of China's largest private hospital chains for about $1.5 billion, according to an Aug. 9 report from Bloomberg. -
Temple Health and partners to buy hospital from Tower Health
Three nonprofit hospitals have partnered to purchase Philadelphia-based Chestnut Hill Hospital, The Philadelphia Inquirer reported Aug. 8. -
U of Iowa Health Care offered $605M to buy Mercy Iowa City
Mercy Iowa City was offered $605 million by University of Iowa Health Care last year for ownership of the hospital, The Gazette reported Aug. 5. -
Crozer Health might not be sold: report
Prospect Medical Holdings is less interested in selling Springfield, Pa.-based Crozer Health, according to an Aug. 4 report from The Philadelphia Inquirer. -
West Virginia health systems to cut ties over EHR vendor choice
Davis Health System began a clinical affiliation with WVU Medicine in 2019. The health systems are ending the partnership Aug. 8, according to The Inter-Mountain. -
Mississippi health system merges with Ochsner
Meridian, Miss.-based Rush Health Systems, a seven-hospital system, has merged with New Orleans-based Ochsner Health as of Aug. 1. -
Mercy Iowa City ends search for new partner
Mercy Iowa City (Iowa) announced it has abandoned plans to exit its four-year affiliation with the statewide MercyOne health network to integrate into a more extensive healthcare system. According to a July 28 report from The Gazette, the only community hospital in Iowa City was unsuccessful in its search for a replacement partner and will remain with MercyOne. -
CHS sells Oklahoma hospital
Franklin, Tenn.-based Community Health Systems has sold AllianceHealth Seminole (Okla.) to SSM Health Oklahoma, according to a July 28 filing with the Securities and Exchange Commission. -
Princeton Community Hospital to join West Virginia University Health System
The Princeton (W.Va.) Community Hospital Association approved an agreement with the West Virginia University Health System to fully integrate into the WVU Health System, according to a July 28 announcement from the city of Princeton board of directors. -
Palm Medical Centers inks deal for 23rd healthcare facility
Miami-based Palm Medical Centers has reached an agreement with Saurinkumar Shah, MD, to purchase the assets of Trinity Family Health Care Center, which he owns and operates in Port Richey.
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