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Quorum inks letter of intent to buy Missouri hospital from SSM Health
Brentwood, Tenn.-based Quorum Health signed a letter of intent to buy a Missouri hospital from St. Louis-based SSM Health. If the transaction is finalized, it would be the for-profit operator's first hospital in Missouri. -
Tower Health considers selling 6 hospitals as part of financial turnaround plan
As part of a financial turnaround plan, Tower Health will consider selling all six of its Philadelphia-area hospitals, according to The Philadelphia Inquirer. -
Pennsylvania hospitals merge, create new parent organization
Punxsutawney (Pa.) Area Hospital and Indiana (Pa.) Regional Medical Center have signed a definitive agreement to merge under one parent organization. -
New Hampshire health system to auction off hospitals
Laconia, N.H.-based LRGHealthcare will auction off its assets, including its two hospitals, on Dec. 16, according to The Laconia Daily Sun. -
2 Illinois hospitals get OK to merge
Two hospitals in Illinois received approval from the state to combine and consolidate operations, according to The Times. -
Michigan hospital inks letter of intent to join Beacon Health System
Three Rivers (Mich.) Health, a single-hospital system, signed a letter of intent to join Beacon Health System in South Bend, Ind. -
Penn Highlands Healthcare grows to 6 hospitals
Tyrone (Pa.) Hospital has joined DuBois, Pa.-based Penn Highlands Healthcare, the organizations announced Nov. 4. -
Voters approve sale of 80-bed California hospital
A measure to sell Petaluma (Calif.) Valley Hospital to an affiliate of Renton, Wash.-based Providence St. Joseph Health has been approved, according to local newspaper Petaluma360. -
2 Arizona hospitals join Dignity Health
Yavapai Regional Medical Center, a two-hospital system based in Prescott, Ariz., has joined Dignity Health's Arizona division. -
University Hospitals to add 19th hospital to its network
Cleveland-based University Hospitals will become a minority partner of Cuyahoga Falls, Ohio-based Western Reserve Hospital under an agreement announced Nov. 4. -
Hospital M&A update: 5 recent deals
Five transactions involving hospitals and health systems were announced, finalized or advanced since Oct. 23: -
Geisinger, AtlantiCare unravel merger
Geisinger no longer serves as the parent organization of AtlantiCare, the two health systems announced Nov. 2. -
Washington hospital votes to split from Virginia Mason
The board of Virginia Mason Memorial, a 256-bed hospital in Yakima, Wash., voted to end its affiliation with Virginia Mason Health System ahead of a potential merger, according to the Yakima Herald-Republic. -
Penn State Health to acquire hospital from Geisinger Nov. 1
Geisinger will complete the sale of Holy Spirit Health System in Camp Hill, Pa., to Penn State Health Nov. 1, according to PennLive. -
Miami hospital acquired by Keralty
Westchester General Hospital, a physician-owned hospital in Miami, was acquired by healthcare management firm Keralty Health Enterprise, the company announced Oct. 29. -
Hospitals may target more outpatient sites for acquisition after the pandemic, Moody's says
Even before the pandemic, an increasing number of patients were seeking care outside of the four walls of a hospital. Now, the pandemic is accelerating the shift and will likely cause hospitals to rethink their acquisition targets and development plans, according to Moody's Investors Service's Healthcare Quarterly report released Oct. 28. -
Intermountain + Sanford: 5 things to know about the $15B merger
Salt Lake City-based Intermountain Healthcare and Sioux Falls, S.D.-based Sanford Health are pursuing a merger that would create a 70-hospital system. -
CHS sells 2 Texas hospitals
Franklin, Tenn.-based Community Health Systems completed the sale of two hospitals in Texas Oct. 27. -
Tennessee hospital to end partnership with Vanderbilt
Williamson Medical Center in Franklin, Tenn., is not renewing its pediatric care contract with Nashville, Tenn.-based Vanderbilt University Medical Center next year, according to The Tennessean. -
Intermountain, Sanford to merge into 70-hospital system
Salt Lake City-based Intermountain Healthcare and Sioux Falls, S.D.-based Sanford Health have signed a letter of intent to merge.
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