Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

11 latest hospital transactions and partnerships

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

1. Texas Health Resources casts highest bid for bankrupt Fort Worth hospital
Arlington-based Texas Health Resources pledged $116.5 million to buy Dallas-based Forest Park Medical Center's campus in Forth Worth, Texas.

2. HCA to buy yet-to-open Texas hospital for $115M
An Austin, Texas-based system, of which Nashville, Tenn.-based HCA Holdings is the majority owner, will purchase Dallas-based Forest Park Medical Center's yet-to-open hospital in Austin for $115 million.

3. UVM Health Network adds another NY hospital
Burlington-based University of Vermont Health Network expanded its reach in New York by adding Malone, N.Y.-based Alice Hyde Medical Center as its third hospital in the state.

4. Following collapse of Novant and Memorial partnership, HCA enters with offer
Nashville, Tenn.-based Hospital Corporation of America emerged as a new player in the now wilted partnership deal between Winston-Salem, N.C.-based Novant Health and Savannah, Ga.-based Memorial University Medical Center.

5. Allina Health to merge 2 hospitals
Minneapolis-based Allina Health System will merge Mercy Hospital in Coon Rapids, Minn., and Unity Hospital in Fridley, Minn., under one license.

6. Louisiana hospital looks to Texas management firm for financial stability
Morehouse General Hospital in Bastrop, La., has entered into negotiations for a management agreement with Plano, Texas-based Community Hospital Corp.

7. Texas Health Resources adds 27 freestanding ERs to network
Arlington-based Texas Health Resources is adding 27 First Choice Emergency Rooms to its healthcare network in North Texas.

8. South Haven Health System pursues partnership with Bronson Healthcare
South Haven (Mich.) Health System will pursue a partnership with Bronson Healthcare system, based in Kalamazoo, Mich.

9. Resurrection Health to merge with Cherokee Health Systems
Memphis, Tenn.-based Resurrection Health, a faith-based health system that launched in December 2014, is merging with Knoxville, Tenn.-based Cherokee Health Systems, effective in June.

10. Salina Regional, Cloud County pursue affiliation
Cloud County Health Center in Concordia, Kan., and Salina (Kan.) Regional Health Center began an affiliation agreement May 1.

11. St. Vincent Healthcare partners with University of Utah School of Medicine, children's hospital
St. Vincent Healthcare in Billings, Mont., is partnering with Intermountain Primary Children's Hospital and the University of Utah School of Medicine, both in Salt Lake City, to enhance its pediatric care.

More articles on healthcare industry transactions:

2016 poised to be the year of the collapsing merger
So many M&A deals collapse because leaders neglect this simple strategy
9 recent hospital transactions and partnerships

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Top 40 Articles from the Past 6 Months