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10 recent hospital transactions and partnerships


The following healthcare mergers, acquisitions and general partnerships took place or were announced in the past week.

1. BJC HealthCare, Memorial Hospital affiliation finalized
St. Louis-based BJC HealthCare and Memorial Hospital in Belleville, Ill., finalized the terms of their proposed strategic affiliation.

2. Cleveland Clinic takes over Akron General Health System
Cleveland Clinic took over full ownership of Akron (Ohio) General Health System Nov. 2, following review of the deal by the Ohio Attorney General and the Federal Trade Commission.

3. University Hospitals becomes sole owner of St. John Medical Center
Cleveland-based University Hospitals took on full ownership of 204-bed St. John Medical Center in Westlake, Ohio.

4. Tenet, Duke LifePoint reach agreement for sale of Tenet's NC hospitals
Dallas-based Tenet Healthcare and Brentwood, Tenn.-based Duke LifePoint Healthcare entered a definitive agreement for the sale of Tenet's North Carolina hospitals and associated operations.

5. Boards sign off on Cascade Valley, Skagit Regional affiliation: 6 things to know
The boards of commissioners of Mount Vernon, Wash.-based Skagit Regional Health and Arlington, Wash.-based Cascade Valley Hospital and Clinics approved a definitive affiliation agreement.

6. Onslow calls off merger talks with Vidant, CarolinaEast: 5 things to know
Onslow Memorial Hospital in Jacksonville, N.C., scrapped plans to merge with CarolinaEast Medical Center in New Bern, N.C., and Vidant Health in Greenville, N.C.

7. Kalispell Regional, North Valley to affiliate: 6 things to know
Kalispell (Mont.) Regional Healthcare and Whitefish, Mont.-based North Valley Hospital agreed to move forward with an affiliation agreement that officials say will enhance the delivery of healthcare in the Flathead Valley and Northwest Montana.

8. UPenn partners with international health system
Philadelphia-based University of Pennsylvania Health System is partnering with Abu Dhabi-based VPS Healthcare, a 14-hospital system spanning the Middle East, Europe, the U.K. and India.

9. St. Joseph's to become Kaiser and Dignity facility: 6 things to know
Oakland, Calif.-based Kaiser Permanente and San Francisco-based Dignity Health agreed to jointly own St. Joseph's Medical Center in Stockton, Calif., in a first-of-its-kind partnership for the healthcare providers.

10. Loma Linda University Health, Southern Mono Healthcare District partner to enhance access: 6 things to know
Loma Linda (Calif.) University Health and the Southern Mono Healthcare District in Mammoth Lakes, Calif., entered into an affiliation agreement.

More articles on healthcare industry transactions:

31 hospital transactions and partnerships in October
Prime inks deal to expand its reach to Ohio
Hospital M&A activity picks up pace: 4 key findings

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