22 hospital transactions and partnerships in February

Ayla Ellison -

The following hospital mergers, acquisitions and general transactions took place or were announced in February.

1. West Virginia United Health System to acquire Reynolds Memorial
Reynolds Memorial Hospital in Glen Dale, W.Va., issued a letter of intent to join West Virginia United Health System in Fairmont.

2. WellStar moves forward with 2 major hospital deals
Marietta, Ga.-based WellStar Health System received approval from the state attorney general to add LaGrange, Ga.-based West Georgia Health to its system.

3. Hackensack University Health Network, Palisades deal gets green light
In New Jersey, a Hudson County Superior Court judge signed off on Hackensack (N.J.) University Health Network's acquisition of Palisades Medical Center in North Bergen, N.J.

4. Hartford HealthCare looks to expand footprint in Connecticut
Hartford (Conn.) HealthCare and Charlotte Hungerford Hospital in Torrington, Conn., took the first step toward a formal affiliation, but the deal could be stalled by a recent executive order issued by Gov. Dannel P. Malloy.

5. Prime Healthcare pays $25M for Pennsylvania hospital
Ontario, Calif.-based Prime Healthcare Foundation, the nonprofit arm of Prime Healthcare Services, acquired Mercy Suburban Hospital in East Norriton, Pa., for $25 million.

6. Shuttered Texas hospital accepts $1.5M takeover bid
A bid was accepted for Bowie (Texas) Memorial Hospital more than three months after the facility closed.

7. Bankrupt Kentucky hospital gets lifeline after halting inpatient services
Glasgow, Ky.-based T.J. Regional Health completed its $3.35 million acquisition of Westlake Regional Hospital in Columbia, Ky.

8. Wellmont, Mountain States Health Alliance move forward with merger
The proposed merger between Kingsport, Tenn.-based Wellmont Health System and Johnson City, Tenn.-based Mountain States Health Alliance is now in the hands of state and federal regulators.

9. MemorialCare Health System enters joint venture partnership with Fresenius Medical Care
MemorialCare Health System in Fountain Valley, Calif., entered a joint venture partnership with Fresenius Medical Care North America of Waltham, Mass., to operate 15 dialysis clinics in California's Orange and Los Angeles Counties.

10. DuPage Medical Group to buy $1.7M stake in Naperville Surgical Centre
Downers Grove, Ill.-based DuPage Medical Group, the Chicago area's largest independent physician group, continues to grow rapidly. In its latest conquest, DMG has set its sights on a majority stake in a Naperville, Ill.-based outpatient surgery center for $1.7 million.

11. HCA to buy bankrupt Texas hospital
Nashville, Tenn.-based HCA Holdings inked a deal to purchase Forest Park Medical Center – Frisco (Texas) from Sabra Health Care REIT.

12. Loma Linda University Health inks affiliation deal with telemedicine in mind
Loma Linda (Calif.) University Health entered into an affiliation agreement with Bear Valley Community Healthcare District, which includes Bear Valley Community Hospital in Big Bear Lake, Calif.

13. St. Luke's to give back 2 Idaho hospitals under AG settlement
Boise, Idaho-based St. Luke's Health System reached an agreement with the Idaho Attorney General to transfer ownership of two hospitals back to the districts that gave the facilities to St. Luke's several years ago.

14. Wexner Medical Center, Barnesville Hospital ink affiliation deal: 4 things to know
The Ohio State University Wexner Medical Center in Columbus and Barnesville (Ohio) Hospital signed an affiliation agreement.

15. Centura Health expands footprint in Kansas
Englewood, Colo.-based Centura Health took over operations of 26-bed Bob Wilson Memorial Hospital in Ulysses, Kan.

16. Skagit Regional Health gets green light to operate Cascade Valley Hospital and Clinics
Mt. Vernon, Wash.-based Skagit Regional Health was given the go-ahead to lease and operate Arlington, Wash.-based Cascade Valley Hospital and Clinics, which includes a 48-bed hospital as well as five clinics and a free-standing surgery center.

17. Prime Healthcare completes purchase of hospitals in 4 states: 5 things to know
Ontario, Calif.-based Prime Healthcare Services completed the acquisition of four acute care hospitals.

18. Larkin Community Hospital expands reach with $40M acquisition
Larkin Community Hospital in South Miami, Fla., acquired 247-bed Palm Springs General Hospital in Hialeah, Fla., for $40 million.

19. LifePoint expands footprint into SC: 6 things to know
Brentwood, Tenn.-based LifePoint Health completed its acquisition of Providence Hospitals, a two-hospital system in Columbia, S.C.

20. Commonwealth Health Corp. to take over management of Clinton County Hospital
Bowling Green, Ky.-based Commonwealth Health assumed management of Clinton County Hospital in Albany, Ky.

21. Prime Healthcare's purchase of bankrupt NJ hospital gets go-ahead
The New Jersey State Health Planning Board recommended Ontario, Calif.-based Prime Healthcare Services be allowed to purchase bankrupt Saint Michael's Medical Center in Newark, N.J.

22. Pearland Medical Center inks affiliation deal with The Woman's Hospital of Texas
Pearland (Texas) Medical Center and Missouri City-based The Woman's Hospital of Texas formed an affiliation that launched Feb. 18.

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