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10 most read transaction stories in 2021
Hospital deals involving Intermountain Healthcare, LifePoint Health, Ascension, Tenet Healthcare and other major systems were popular among readers this year. -
Exela renews, expands PCH Global Cloud services for managed care corporation
Irving, Texas.-based Exela Technologies has expanded its existing relationship with an unnamed multinational managed care corporation by implementing PCH Global Cloud services for Medicaid programs. -
LifePoint completes acquisition of Kindred, launches new company
Brentwood, Tenn.-based LifePoint Health has completed its acquisition of Louisville, Ky.-based Kindred Healthcare and officially launched ScionHealth, a new healthcare company related to the transaction. -
Prime, Carbon Health expand partnership
Ontario, Calif.-based Prime Healthcare and San Francisco-based Carbon Health are strengthening their partnership by bringing Carbon's urgent care clinics to Prime's markets through virtual and in-clinic visits. -
Tenet closes $1.1B surgery center deal
Tenet Healthcare and its subsidiary United Surgical Partners International have completed their acquisition of Towson, Md.-based SurgCenter Development. -
Hospital M&A update: 9 recent deals
Nine transactions involving hospitals and health systems have been announced, advanced or finalized since Dec. 1: -
Acadia creates behavioral health system with purchase of three Chicago facilities
Franklin, Tenn.-based Acadia Healthcare has completed the real estate purchase of three nonoperational facilities in Chicago and will establish a behavioral health system called Montrose Behavioral Health Hospital. -
California AG conditionally approves Kaiser, Providence St. Mary partnership
California Attorney General Rob Bonta approved a new partnership between Oakland-based Kaiser and Apple Valley-based Providence St. Mary Medical Center, but with several conditions. -
New Jersey health system inks deal for 4th hospital
Vineland, N.J.-based Inspira Health has entered into a definitive agreement to acquire Salem (N.J.) Medical Center. -
Hospital M&A: 3 insights from recent studies
Hospital mergers and acquisitions can lead to higher prices and cut services for rural hospitals but can also improve patient care outcomes at rural hospitals, according to three recent studies reported in Becker's. -
Sentara, Virginia medical center, university eye closer collaboration
Sentara Healthcare, Old Dominion University and Eastern Virginia Medical Center, all based in Norfolk, Va., signed an agreement to find options for closer affiliation that can improve educational research and healthcare in the Hampton Roads region. -
Intermountain Healthcare acquires old Sears building
Murray, Utah-based Intermountain Healthcare acquired an old Sears building in the city for future healthcare services, 2KUTV reported Dec. 17. -
Flagler Health+ purchases 70 acres for medical complex
St. Augustine, Fla.-based Flagler Health+ has acquired about 70 acres of land in Palm Coast, Fla., which will be used to build a health complex with an inpatient hospital. -
Intermountain, SCL Health ink definitive agreement to merge
Salt Lake City-based Intermountain Healthcare and Broomfield, Colo.-based SCL Health signed a definitive agreement to merge, the organizations said Dec. 15. -
Proposed University Hospital, Piedmont merger is a good deal, analysts say
Independent analysts said the proposed merger between Augusta, Ga.-based University Hospital and Atlanta-based Piedmont Healthcare is a good deal, even though the COVID-19 pandemic has made the healthcare environment "very volatile," The Augusta Chronicle reported Dec. 15. -
Ascension Saint Thomas to buy Tennessee hospital
Nashville, Tenn.-based Ascension Saint Thomas signed a definitive agreement to add Three Rivers Hospital in Waverly, Tenn., to its health system, Nashville Business Journal reported Dec. 14. -
SCL Health, Acadia form joint venture to build 144-bed behavioral health facility
Broomfield, Colo.-based SCL Health and Franklin, Tenn.-based Acadia Healthcare have formed a joint venture, which will build a 144-bed freestanding behavioral health hospital in the Denver area. -
Viewpoint: FTC regulations on mergers could hurt rural healthcare
Recent policy changes by the Federal Trade Commission could hurt rural hospitals in the U.S., many of which are struggling financially, Ken Summers, former chair of the Health and Environment Committee in the Colorado House of Representatives, wrote Dec. 13 in RealClearMarkets. -
UnityPoint explores selling 3 hospitals to Carle Health
West Des Moines, Iowa-based UnityPoint Health is exploring a deal to sell three of its hospitals in central Illinois to Urbana, Ill.-based Carle Health. -
Penn Highlands Healthcare to add 8th hospital
Highlands Hospital, a 64-bed facility in Connellsville, Pa., signed a definitive agreement to join DuBois, Pa.-based Penn Highlands Healthcare.
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