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12 recent hospital transactions and partnerships

The following healthcare mergers, acquisitions, partnerships and general transactions took place or were announced during the week of Feb. 5.

1. California physician-hospital group adds Good Samaritan Health, select Dignity Health facilities
Emeryville, Calif.-based Canopy Health, a physician- and hospital-owned medical enterprise, added Good Samaritan Health System, a two-hospital system in San Jose, Calif., to its expanding network, officials announced Feb. 8.

2. RCCH HealthCare Partners, UW Medicine partner to operate hospitals in 3 states
Brentwood, Tenn.-based RCCH HealthCare Partners and Seattle-based UW Medicine will form a public-private partnership to own and operate community hospitals in Washington, Alaska and Idaho, the health systems announced Feb. 8.

3. Northwell Health, Western Connecticut Health Network ink collaboration agreement
New Hyde Park, N.Y.-based Northwell Health and Danbury-based Western Connecticut Health Network announced an agreement Thursday to explore possible clinical partnerships and population health services while also allowing WHCN patients access to Northwell facilities.

4. Florida hospital extends management agreement with Tallahassee Memorial for six months
Franklin County (Fla.) commissioners approved a proposal Tuesday to extend Tallahassee (Fla.) Memorial HealthCare's management agreement with Apalachicola, Fla.-based Weems Memorial Hospital for an additional six months.

5. Following name change, Atrium Health reveals plans to merge with Navicent Health
Charlotte, N.C.-based Atrium Health, formerly Carolinas HealthCare System, signed a letter of intent to merge with Macon, Ga.-based Navicent Health Feb. 8.

6. Marshfield Clinic Health System to integrate Wisconsin hospital: 3 things to know
Marshfield (Wis.) Clinic Health System finalized the terms of its agreement to integrate Ladysmith, Wis.-based Rusk County Memorial Hospital Feb. 6.

7. UPMC, Highmark Health dissolve Pennsylvania cancer center joint venture
Pittsburgh-based UPMC and Highmark Health, also in Pittsburgh, are ending their joint venture to operate Erie, Pa.-based The Regional Cancer Center.

8. Bellin Health plan to acquire Michigan hospital still in place despite speculation
Iron Mountain, Mich.-based Dickinson County Healthcare System officials said the organization's letter of intent to purchase Green Bay, Wis.-based Bellin Health Systems is still in place and discussions between the two entities are ongoing.

9. Fremont Health selects Nebraska Methodist to continue partnership discussions
Fremont (Neb.) Health will pursue partnership with Nebraska Methodist Health System, a three-hospital system in Omaha.

10. Wake Forest Baptist forms joint venture to take over North Carolina hospital
Winston-Salem, N.C.-based Wake Forest Baptist Medical Center created a joint venture Feb. 2 to take over Sparta, N.C.-based Alleghany Memorial Hospital.

11. UCSF Health inches closer to finalizing affiliation with Sonoma Valley Hospital: 4 things to know
The Sonoma (Calif.) Valley Health Care District board reviewed and approved "in principle" the proposed affiliation agreement between Sonoma (Calif.) Valley Hospital and San Francisco-based UCSF Health Feb. 1.

12. UCHealth to integrate Pikes Peak Regional this spring
Aurora, Colo.-based UCHealth signed an agreement Feb. 1 to integrate Pikes Peak Regional Hospital, a 15-bed facility in Woodland Park, Colo., into the system.

More articles on transactions and valuations:
16 recent hospital transactions and partnerships
Lifespan rejected Brown's partnership proposal to acquire Care New England
Care New England CEO: Why we chose to partner with Partners HealthCare

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