1. After 4-year battle, Cottage Health and Sansum Clinic call off merger
After a four-year fight to gain federal regulatory approval for their proposed merger, Santa Barbara, Calif.-based Cottage Health and Sansum Clinic, also in Santa Barbara, called off the deal.
2. KentuckyOne to spin off 4 hospitals, 4 ambulatory centers
Louisville-based KentuckyOne Health is seeking new owners and operators for more than 10 entities. The changes will ultimately leave KentuckyOne as a seven-hospital system.
3. Memorial Hermann adds 2 microhospitals via new joint venture with Emerus
Memorial Hermann Health System, a 16-hospital system in Houston, entered into a joint venture agreement with The Woodland, Texas-based Emerus Holdings, one the nation’s largest microhospital operators.
4. Cedars-Sinai to affiliate with Torrance Memorial Medical Center
Cedars-Sinai Medical Center, an 886-bed academic medical center in Los Angeles, revealed plans to affiliate with 446-bed Torrance (Calif.) Memorial Medical Center.
5. Molina Healthcare affiliates with 130-member New York physician practice
Syracuse, N.Y.-based FamilyCare Medical Group affiliated with two subsidiaries of Long Beach, Calif.-based Molina Healthcare.
6. Healthcare Trust of America closes on $150M portfolio for medical office buildings in Arizona, California
The Healthcare Trust of America, which owns and operates a number of medical office buildings across the U.S., closed on a $150 million agreement to purchase a medical office building portfolio.
7. Houston Methodist, Evolent Health partner to improve health of Medicare patients
Houston Methodist and Evolent Health, a healthcare technology provider in Arlington, Va., will partner to develop and execute a value-based care strategy to improve services for Medicare patients.
8. Prime Healthcare Foundation’s $15M acquisition of CHS hospital collapses
Ontario, Calif.-based Prime Healthcare Foundation’s $15 million acquisition agreement to purchase Salem, N.J.-based The Memorial Hospital of Salem County fell through just as the deal received state regulatory approval.
9. DaVita acquires Purity Dialysis
DaVita Kidney Care, a division of Denver-based DaVita, declared its decision to acquire Delafield, Wis.-based Purity Dialysis.
10. Tulane Medical Center acquires Lakeview Regional
New Orleans-based Tulane Medical Center acquired Covington, La.-based Lakeview Regional Medical Center. The transaction was effective May 7.
11. Columbus Regional signs letter of intent to partner with Piedmont Healthcare
Columbus (Ga.) Regional Health and Piedmont Healthcare, a seven-hospital system in Atlanta, signed a letter of intent to enter into exclusive negotiations to form a potential partnership.
More articles on transactions and valuations:
East Jefferson General Hospital officials ‘close’ to finalizing deal with HCA
Greenville Health System reportedly interested in acquiring CHS-owned South Carolina health system
Officials to consider partnership arrangement to keep cash-strapped Indian River Medical Center afloat
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
