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

12 recent hospital transactions and partnerships

The following healthcare mergers, acquisitions and general partnerships took place or were announced the week of May 15.

1. Erlanger in talks to acquire or affiliate with 25-bed Murphy Medical Center
Erlanger Health System, a five-hospital system in Chattanooga, Tenn., is in talks to partner with 25-bed Murphy (N.C.) Medical Center.

2. 3rd hospital joins Beth Israel Deaconess, Lahey Health merger
Newburyport, Mass.-based Anna Jaques Hospital is the third health system to join the proposed merger between Boston-based Beth Israel Deaconess Medical Center and Burlington, Mass.-based Lahey Health, bringing the total number of health systems interested in merging up to five.

3. Quorum to divest 2 hospitals in Tennessee
Brentwood, Tenn.-based Quorum Health Corp., signed a definitive agreement May 15 to sell two hospitals in Tennessee.

4. Steward Health Care to acquire IASIS Healthcare
Boston-based Steward Health Care signed a definitive agreement to acquire Franklin, Tenn.-based IASIS Healthcare. 

5. Mount Auburn joins Beth Israel Deaconess, Lahey merger: 3 things to know
Cambridge, Mass.-based Mount Auburn Hospital will join a proposed merger between Boston-based Beth Israel Deaconess Medical Center and Burlington, Mass.-based Lahey Health.

6. Quorum Health seeks to sell 6 more hospitals
Brentwood, Tenn.-based Quorum Health, the 35-hospital spinoff of Franklin, Tenn.-based Community Health Systems, plans to sell six hospitals to restructure its portfolio to improve financial performance.  

7. Accumen partners with SSM Health hospital to improve quality of care, patient outcomes
SSM Health Saint Louis University Hospital partnered with Accumen on a multiyear agreement to implement a comprehensive patient blood management program.  

8. Geisinger Health System, Jersey Shore Hospital sign integration agreement
Danville, Pa.-based Geisinger Health System and 25-bed Jersey Shore (Pa.) Hospital and Foundation signed an agreement integrating Jersey Shore's facilities into Geisinger.

9. HealthEast, Fairview Health Services receive final OK to merge
The respective boards of directors of HealthEast, a four-hospital system in St. Paul, Minn., and Fairview Health Services, a seven-hospital system in Minneapolis, approved the organizations' plans to merge, effective June 1. The merger will create one of the largest hospital networks in Minnesota.  

10. Hackensack Meridian, St. Joseph's Healthcare to partner on home health, hospice services
Hackensack Meridian Health, a 13-hospital system in Edison, N.J., and Paterson, N.J.-based St. Joseph's Healthcare revealed plans to form a jointly owned home health services agency and a hospice services agency.  

11. Yale New Haven, Day Kimball Healthcare partner to improve clinical care
Yale New Haven (Conn.) Health System and Putnam, Conn.-based Day Kimball Healthcare inked an agreement to become community partners and enhance the breadth of clinical care services available at Day Kimball.

12. Wake Forest Baptist partners with Northern Hospital of Surry County on cardiac rehabilitation care
Winston-Salem, N.C.-based Wake Forest Baptist Medical Center and Mount Airy, N.C.-based Northern Hospital of Surry County will partner to provide residents with better access to cardiac rehabilitation services.  

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars