11 Recent Hospital and Health System Transactions

Here are 11 hospital transactions that occurred in the past week, beginning with the most recent.

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1. The 11th Circuit Court of Appeals has granted the Federal Trade Commission’s temporary injunction to bar Albany, Ga.-based Phoebe Putney Memorial Hospital from purchasing Albany, Ga.-based Palmyra Medical Center.

2. Susquehanna Health in Williamsport, Pa., and Laurel Health System in Wellsboro, Pa., have signed a non-binding letter of intent looking at a potential affiliation.

3. Wheaton (Minn.) Community Hospital and Medical Center and Fargo, N.D.-based Sanford Health have officially merged.

4. Capella Healthcare in Franklin, Tenn., officially acquired a 60 percent ownership interest in Woodbury, Tenn.-based Cannon County Hospital.

5. Mokena-Ill.-based Provena Health and Chicago-based Resurrection Health Care have signed a deal to merge.

6. Quincy (Mass.) Medical Center filed for Chapter 11 bankruptcy protection as a part of its acquisition by Boston-based Steward Health Care.

7. Upstate Medical University Hospital in Syracuse, N.Y., officially assumed ownership and operations of Community General Hospital, also in Syracuse, on July 7.

8. Bert Fish Medical Center in New Smyrna Beach, Fla., has officially ended its merger with Adventist Health’s Florida Hospital in Orlando.

9. Maywood, Ill.-based Loyola University Health System is officially part of Novi, Mich.-based Trinity Health.

10. Bellevue, Wash.-based PeaceHealth and United General Hospital in Sedro-Wolley, Wash., have signed a non-binding letter of agreement to explore a closer relationship.

11. A subsidiary of Naples, Fla.-based Health Management Associates has signed a definitive agreement to acquire Knoxville, Tenn.-based Mercy Health Partners, a subsidiary of Cincinnati-based Catholic Health Partners.

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