10 Recent Hospital Transactions

Here are 10 hospital transactions that occurred in the previous week, beginning with the most recent.

Advertisement

1. Crouse Hospital in Syracuse, N.Y., a 506-bed facility, is forming a corporate affiliation with 40-bed Community Memorial Hospital in Hamilton, N.Y.

2. Raleigh, N.C.-based WakeMed Health and Hospitals authorized a $50 million investment in mental health, contingent on its purchase of Raleigh-based Rex Healthcare.

3. Rochester, Minn.-based Mayo Clinic and Grand Forks, N.D.-based Altru Health System formed a contractual relationship.

4. Ontario, Calif.-based Prime Healthcare Services withdrew its bid for Woonsocket, R.I.-based Landmark Medical Center.

5. Local leaders proposed to merge the administration at San Leandro (Calif.) Hospital with St. Rose Hospital in Hayward, Calif.

6. Southwest Washington Medical Center in Vancouver, Wash., merged with Bellevue, Wash.-based PeaceHealth.

7. Quincy (Mass.) Medical Center is seeking a partner to provide capital to the hospital and will consider a merger or acquisition opportunity.

8. Two-hundred thirty-five-bed Marin General Hospital in Greenbrae, Calif., and 83-bed Sonoma (Calif.) Valley Hospital finalized a management services and affiliation agreement.

9. Stafford Springs, Conn.-based Johnson Memorial Medical Center has been in affiliation talks with four hospitals.

10. Valdosta, Ga.-based South Georgia Medical Center, a 335-bed facility, is acquiring 45-bed Smith Northview Hospital, also in Valdosta.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.