The Wake County (N.C.) board of commissioners voted 5-2 on Sept. 21 to approve the proposed combination of Raleigh, N.C.-based WakeMed Health & Hospitals and Charlotte, N.C.-based Atrium Health, according to a joint news release shared with Becker’s. The proposed…
Transactions & Valuation Issues
Joplin, Mo.-based Freeman Health System and Fort Scott, Kan.-based Kansas Renewal Institute have signed a nonbinding letter of intent to explore the future ownership and operation of Freeman Fort Scott Hospital. No final agreement has been reached, according to a…
Financial pressure is accelerating consolidation at a pace not seen in years. Staffing shortages, aging infrastructure, heavy Medicaid and Medicare dependence, and mounting payer denials have left hundreds of community hospitals with a stark choice: find a partner or close. …
Carle Health Methodist and Proctor hospitals in Peoria, Ill., will begin operating as one hospital with two campuses, effective Nov. 1. The Proctor facility will be known as Carle Health Methodist Hospital – Proctor Campus, according to a Sept. 18…
After a brief post-pandemic lull, hospital consolidation is accelerating again, with large health systems expanding across state lines, absorbing independent hospitals and reshaping regional care markets. From portfolio resets and strategic exits to cross-market mergers and billion-dollar investments, these moves…
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Several hospital and health system partnerships, affiliations and proposed transactions have been called off or unwound this year, reflecting shifting strategic priorities, financial considerations and evolving market dynamics. From merger discussions that ended after years of negotiations to the dissolution…
The proposal for New York City-based Maimonides Health to join NYC Health + Hospitals’ received unanimous approval from the New York State Public Health and Health Planning Council Sept. 17. Five things to know: 1. The transaction still needs approval…
Flint, Mich.-based Insight Health Systems is set to take over shuttered Chicago-based Weiss Memorial Hospital and Oak Park, Ill.-based West Suburban Medical Center. Weiss Memorial closed Aug. 8, 2025, and West Suburban shuttered June 11 after the facility’s last functional…
Is the Urgent Care Exit Playbook the Blueprint for Physician Practice Management Platforms?
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No private equity investor intends to own a physician practice platform indefinitely. The private equity model depends on eventually returning capital to investors, traditionally through a sale to another sponsor, an initial public offering (IPO), or a strategic acquirer. Today,…
Salt Lake City-based Intermountain Health is now majority owner of Idaho Falls Community Hospital and Mountain View Hospital, both in Idaho Falls, Idaho, after acquiring Surgery Partners’ ownership stake in the facilities. “This investment reflects our long-term commitment to supporting…