Two healthcare megadeals — those valued at $5 billion or more — have been announced this year, according to a PwC report released June 23. 

Tucson, Ariz.-based TMC Health has ended its bid to buy Santa Cruz Valley Regional Hospital in Green Valley, Ariz., Green Valley News reported June 17.

HCA Healthcare and Steward Health Care System have abandoned their proposed deal involving five Utah hospitals. The decision comes 13 days after the Federal Trade Commission challenged the transaction.

The Michigan Senate unanimously passed a House measure that would streamline the process for private companies to buy community hospitals, MiBiz reported.

Wilmington, Del.-based ChristianaCare plans to buy a shuttered hospital from West Reading, Pa.-based Tower Health.

Two New Jersey health systems — Saint Peter's Healthcare System and RWJBarnabas Health — have terminated a definitive agreement to merge. 

Two New York state senators are asking SUNY Upstate Medical University and Crouse Health to lift the secrecy of their proposed merger, syracuse.com reported June 14.

The proposed merger between Butler (Pa.) Health System and Greensburg, Pa.-based Excela Health presents both health systems with opportunities for revenue growth, the Pittsburgh Post-Gazette reported June 13.

Several mergers and acquisitions were recently announced, advanced or halted. Becker's has reported on the following six developments since June 1.

The Illinois State Health Facilities and Services Review Board voted 6-0 on June 7 to allow El Segundo, Calif.-based Pipeline Health to sell two Illinois hospitals to Michigan-based Resilience Healthcare for $92 million, the Chicago Tribune reported.

HCA Healthcare inked a deal in September to acquire five Utah hospitals from Steward Health Care. The transaction is on hold after a judge issued a temporary restraining order to pause the deal at the request of the Federal Trade Commission, Bloomberg Law reported June 7. 

Jupiter (Fla.) Medical Center and Gainesville-based University of Florida Health have signed a letter of intent to partner and improve healthcare delivery, research and education in Palm Beach and Martin counties. 

California Attorney General Rob Bonta conditionally approved the affiliation between Arcadia-based Methodist Hospital of Southern California and Los Angeles-based USC Health System.

Pleasant Valley Hospital has signed a letter of intent with Cabell Huntington Hospital, which will add Pleasant Valley to Huntington, W.Va.-based Mountain Health Network.

Nashville, Tenn.-based HCA Healthcare has finalized its acquisition of BetterMed, an urgent care practice with 12 locations, Richmond BizSense reported June 3.

Providence, R.I.-based Care New England is considering "three to four" bids it received to merge with another system, The Boston Globe reported June 3.

The Federal Trade Commission unanimously voted to block two separate hospital transactions, one involving Saint Peter's Healthcare System and RWJBarnabas Health and the other involving HCA Healthcare and Steward Health Care System, the agency announced June 2. 

Gulf Coast, Miss.-based Singing River Health System's board of trustees voted June 1 to "pursue a fully integrated model or sale" with another healthcare organization.

Green Bay, Wis.-based Bellin Health and La Crosse, Wis.-based Gundersen Health System are exploring a merger with a final decision expected in weeks.

Despite high interest rates and uncertainty from the Russian invasion of Ukraine, healthcare mergers and acquisitions maintained a steady pace in April, Bloomberg Law reported.