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Illinois bill to beef up hospital M&A oversight
Illinois is gearing up to increase its oversight of proposed healthcare facility mergers and acquisitions. -
Missouri health system 'shores up defenses' as BJC, Saint Luke's near merger
As a $10 billion merger nears completion in Missouri, one of the state's rural health systems is donning its armor, according to a Dec. 4 interview on 93.9 The Eagle. -
Vandalia Health acquires 3-hospital system
Elkins, W.Va.-based Davis Health, a three-hospital system, has officially joined Vandalia Health, local news outlet WBOY reported Dec. 4. -
For-profit M&A: 21 hospitals involved in HCA, CHS and Tenet deals
Three of the largest for-profit health systems entered into multiple transactions this year as part of strategic plans to bolster their hospital portfolios, offload certain facilities or explore ways to expand their reach. -
Sentara now sole owner of 17 urgent care centers
Norfolk, Va.-based Sentara Health is the new sole owner of Velocity Urgent Care, marking the end of the health system's joint venture relationship for the 17-site company. -
A busy week of mergers and acquisitions
The last week of November was a busy one for hospital and health system mergers and acquisitions. -
HCA buys 11 EDs, expands Texas footprint
HCA Houston Healthcare, part of Nashville, Tenn.-based HCA Healthcare, has completed the purchase of 11 Houston-area freestanding emergency departments from SignatureCare Emergency Center. -
CHS has sold 11 hospitals so far in 2023
In 2017, Franklin, Tenn.-based Community Health Systems extended its divestiture plan to help control its losses and debt. After just divesting from one hospital in 2022, the health system had a busy 2023. -
HCA buys 3 hospitals in Texas
HCA Healthcare's Medical City Healthcare in Dallas has completed its acquisition of three-hospital Wise Health System in Texas. -
Lifepoint, Ascension Saint Thomas form joint venture
Brentwood, Tenn.-based Lifepoint Health and Ascension Saint Thomas are entering a joint venture, in which the two organizations will jointly own Highpoint Health, a four-hospital system owned by Lifepoint. -
UCHealth scoops up 2-hospital system
Aurora, Colo.-based UCHealth has added a smaller health system to its network. -
CHS sells 3 Florida hospitals
Franklin, Tenn.-based Community Health Systems agreed to sell three Florida hospitals to Tampa General Hospital for $294 million. -
Health system antitrust cases pick up steam
Earlier this year, the Federal Trade Commission requested an additional $160 million for its 2024 budget to support healthcare merger challenges, rulemaking and investigations. Of that $160 million, $70 million is earmarked for hiring more than 300 employees as the agency ramps up antitrust enforcement against health system mergers and acquisitions. -
HCA to buy bankrupt Texas hospital
Nashville, Tenn.-based HCA Healthcare is buying bankrupt Trinity Regional Hospital Sachse (Texas) for $41 million in a deal that is expected to close by the end of January, Bloomberg Law reported Nov. 29. -
BJC, Saint Luke's move forward with 28-hospital merger
St. Louis-based BJC Healthcare and Kansas City, Mo.-based Saint Luke's Health System — which signed a letter of intent to combine in May — have satisfied all regulatory reviews and reached a definitive agreement to merge. -
UNM Hospitals to acquire Sandoval Regional Jan. 1
Sandoval Regional Medical Center in Rio Rancho, N.M., on Jan. 1 will join UNM Hospitals and change its name to University of New Mexico Sandoval Regional Medical Center-A Campus of UNM Hospital. -
BayCare acquiring 49-physician medical group
Clearwater, Fla.-based BayCare Health System is acquiring Gessler Clinic, a physician-owned medical group, effective Dec. 2. -
Fairview signals doubt with partner U of Minnesota
Fairview Health Services does not want to extend its affiliation as it stands with the University of Minnesota past 2026, the Star Tribune reported Nov. 20. -
U of Nebraska, Columbus Community Hospital sign affiliation agreement
Omaha-based University of Nebraska Medical Center signed a master affiliation agreement with Columbus (Neb.) Community Hospital. -
Oregon system in 'financial crisis' completes sale of labs
Portland, Ore.-based Legacy Health has completed the sale of its outreach laboratory operations to Labcorp in a restructuring move aimed at improving the system's financial health.
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