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

18 recent hospital transactions and partnerships

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

1. Mercy Hospital St. Louis, Saint Francis Medical Center team up for pediatric care
Mercy Hospital St. Louis and Cape Girardeau, Mo.-based Saint Francis Medical Center paired up to offer specialty pediatric gastroenterology services to patients in the Cape Girardeau area.

2. Grand Itasca Clinic and Hospital partners with Fairview Health Services
Grand Rapids, Minn.-based Grand Itasca Clinic and Hospital CEO Mike Youso said changes in the industry drove the hospital to partner with Minneapolis-based Fairview Health Services.

3. Dartmouth-Hitchcock, Elliot Health System cease affiliation talks
Officials from Lebanon, N.H.-based Dartmouth-Hitchcock and Manchester, N.H.-based Elliot Health System ceased plans to embark on a formal affiliation.

4. MSU HealthTeam joins national comprehensive care partnership
East Lansing-based Michigan State University HealthTeam joined Comprehensive Primary Care Plus, a nationwide partnership dedicated to improving access to quality healthcare for patients at lower costs. 

5. 2 Oklahoma orthopedic groups affiliate: 3 things to know
Tulsa, Okla.-based Central States Orthopedics affiliated with Eastern Oklahoma Orthopedic Center, also in Tulsa.

6. Tenet Healthcare to sell 6 home health facilities to Amedisys
Dallas-based Tenet Healthcare signed a definitive agreement to sell six home healthcare centers in Illinois, Arizona, Massachusetts and Texas to Baton Rouge, La.-based Amedisys, a home healthcare, hospice and personal care company.

7. 11 hospital deals to acquire ASCs in 2016
Eleven hospitals are considering ambulatory surgery centers as part of their outpatient strategy, either by acquiring them from physicians, developing joint venture ASCs with physician owners or opening their own centers. 

8. Miami Cancer Institute joins Memorial Sloan Kettering Cancer Alliance
The Miami Cancer Institute joined the New York City-based Memorial Sloan Kettering Cancer Alliance. 

9. Wheeling Hospital to purchase Sistersville General Hospital
City council officials unanimously approved the sale of Sistersville (W.Va.) General Hospital to Wheeling (W.Va.) Hospital for $5.5 million.

10. LifeBrite Hospital Management takes ownership of Pioneer hospital
Lilburn, Ga.-based LifeBrite Hospital Management became the official manager of Danbury, N.C.-based Pioneer Community Hospital of Stokes.

11. Yampa Valley Medical Center pursues partnership with UCHealth
Steamboat Springs, Colo.-based Yampa Valley Medical Center and Aurora, Colo.-based University of Colorado Health will explore a potential partnership agreement to provide patients in the area with access to additional specialties and services. 

12. Evolent Health executes 2 partnership agreements to enhance care delivery
Arlington, Va.-based Evolent Health, which provides clinical, financial, technology and operations guidance and solutions to hospitals and health systems, formed individual partnership agreements with Orlando (Fla.) Health and Roanoke, Va.-based Carilion Clinic to assist both organizations in delivering cost-effective, value-based care to residents in their communities.

13. Sound Physicians adds Atlanta physician group
Atlanta-based Eagle Hospital Physicians joined Sound Physicians, a provider practice in Tacoma, Wash. 

14. Promise Hospital to provide rehabilitation services at Baton Rouge General
Louisiana-based Promise Hospital of Baton Rouge will begin providing acute inpatient rehabilitation care and skilled nursing services at Baton Rouge (La.) General Medical Center's Mid City campus April 1.

15. Columbus Radiology to serve 10 Mercy Health hospital locations
Columbus (Ohio) Radiology, an affiliate of El Segundo, Calif.-based Radiology Partners, will provide radiology services to 10 of Cincinnati-based Mercy Health's hospitals in Ohio. 

16. Premise Health to continue managing free medical clinic in Tenn.
Brentwood, Tenn.-based Premise Health will continue to manage Greeneville, Tenn.-based Greene County Clinic, a free medical clinic serving employees covered under Greene County's insurance plan.

17. 4 things to know about US Anesthesia Partners' acquisition of Physicians Anesthesia Service
Fort Lauderdale, Fla.-based U.S. Anesthesia Partners completed its purchase of Seattle-based Physicians Anesthesia Service Feb. 1. 

18. Community Partners' latest merger creates one of the largest mental health providers in Ariz.
Tucson, Ariz.-based behavioral healthcare provider Community Partners completed its merger with Assurance Health & Wellness in Tucson, creating one of the largest mental healthcare providers in the state.

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

 

Featured Whitepapers

Featured Webinars