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13 recent hospital transactions and partnerships

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

1. Tenet to divest Missouri hospital
Dallas-based Tenet Healthcare entered into a definitive agreement Jan. 5 to sell St. Louis-based Des Peres Hospital and other Tenet-owned physician practices and hospital-affiliated operations in the area to St. Luke's Hospital, a 493-bed facility in Chesterfield, Mo.

2. UnityPoint Health-Des Moines affiliates with Grinnell Regional: 3 things to know
UnityPoint Health-Des Moines (Iowa) and Grinnell (Iowa) Regional Medical Center, in partnership with the Iowa City-based University of Iowa Health Care, announced their finalized affiliation Jan. 3.

3. Tenet, Baylor Scott & White restructure joint venture: 4 things to know
Tenet Healthcare and Baylor Scott & White Health have signed a definitive agreement to dissolve a joint venture the two Dallas-based health systems finalized two years ago.

4. Illinois OKs BJC HealthCare's 2-hospital takeover plan
The Illinois Health Facilities and Services Review Board approved St. Louis-based BJC HealthCare's petition to gain control of two Illinois hospitals Dec. 29.

5. SSM Health completes sponsorship transfer of 2 Wisconsin health facilities
St. Louis-based SSM Health and the Congregation of Sisters of St. Agnes completed the sponsorship transfer of two Wisconsin-based health organizations Jan. 4.

6. UNC Health Care finalizes purchase, rebrands bankrupt North Carolina hospital
Chapel Hill, N.C.-based UNC Health Care completed its purchase of bankrupt Eden, N.C.-based Morehead Memorial Hospital Jan. 1.

7. Bozeman Health buys private practice at Big Sky Resort
Bozeman (Mont.) Health finalized its acquisition of The Medical Clinics of Big Sky (Mont.) Jan. 1.

8. Real estate investment trust sells 20 Genesis facilities for $103M
Sabra Health Care REIT on Dec. 22 completed the sale of 20 skilled nursing facilities leased to Kennett Square, Pa.-based Genesis HealthCare.

9. CoxHealth completes acquisition of 6th hospital
Springfield, Mo.-based CoxHealth finalized the acquisition of its sixth hospital — Lamar, Mo.-based Barton County Memorial Hospital — Jan. 1.

10. MetroHealth seeks strategic partnership after 'extraordinary year'
Cleveland-based MetroHealth will seek out a third-party adviser to assist in the search for a strategic partner during the course of the next year.

11. St. Luke's University Health Network, Blue Mountain Health finalize merger
Blue Mountain Health System, a two-hospital system in Lehighton, Pa., finalized its merger with St. Luke's University Health Network, a seven-hospital system in Bethlehem, Pa., Dec. 31.

12. Hackensack Meridian Health to combine with JFK Health, become largest health system in NJ
Edison, N.J.-based Hackensack Meridian Health revealed plans to combine operations with Edison-based JFK Health Jan. 3. The merger will make Hackensack Meridian the largest health system in New Jersey.

13. ProMedica finalizes acquisition of Michigan hospital
Toledo, Ohio-based ProMedica completed its acquisition of Coldwater, Mich.-based Community Health Center of Branch County Jan. 1.

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